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    Detroit Lakes, MN
    Quadplex

    Detroit Lakes, MN Quadplexes for Sale

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    Audubon, MN Rochert, MN Frazee, MN Vergas, MN Lake Park, MN Pelican Rapids, MN Perham, MN Dent, MN
    Renovated Four-Unit Multifamily Property
    Updated: Aug 21
    Renovated Four-Unit Multifamily Property

    1311 Summit Ave, Detroit Lakes, MN 56501

    $950,000
    6,892 sqft
    6,892‑square‑foot fourplex built in 1949
    Multiple units renovated with updated kitchens, bathrooms, flooring, lighting, appliances, and insulation
    Furnished five‑bedroom, three‑bath unit ready for occupancy
    Two‑bedroom unit expected to be vacant at the end of the month
    Within the first block of Detroit Lake City Beach and The Heartland State Trail
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Detroit Lakes, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Four-Unit Multifamily Property
    Updated Four-Unit Multifamily Property

    319 1st Ave NW, Rothsay, MN 56579

    $279,000
    1,936 sqft

    Two-story residences combine private garages, in-unit laundry, and functional living spaces across a consistent multifamily layout.

    View details
    Four-Unit Quadplex with Garages
    Four-Unit Quadplex with Garages

    921 19th St S, Moorhead, MN 56560

    $339,900
    3,824 sqft

    Multifamily property with four three-bedroom units, shared laundry, off-street parking, and a large yard.

    View details
    4-Unit Quadplex with Attached Garages
    4-Unit Quadplex with Attached Garages

    319 1st Avenue NW, Rothsay, MN 56579

    $279,000
    1,936 sqft 0.37 AC lot

    Each residence includes private laundry, a two-story layout, and its own garage.

    View details
    Fourplex Residential Income Property
    Fourplex Residential Income Property

    1114 18th Street S, Moorhead, MN 56560

    Contact for pricing

    Fourplex residential income property offered for sale, consisting of four separate units.

    View details

    Detroit Lakes, MN Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Detroit Lakes, MN on our real estate platform. These investment opportunities span a total of 6,892 square feet of properties for sale, with an estimated market value of $950,000.

    Sale prices for four-unit buildings in Detroit Lakes, MN average $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Quadplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +5.4%
    Median Household Income $68,980
    College Educated 21.1%

    High-Yield Neighborhoods for Investment

    Identify Detroit Lakes submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56501 $950K

    Taxes & Financing

    Tax Rate (average for all types) 1.50%
    Property Tax per SF $34.24 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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