Residential Income

Chisholm, MN Residential Income Properties for Sale

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Hibbing, MN Buhl, MN Nashwauk, MN Iron, MN Keewatin, MN Mountain Iron, MN Side Lake, MN Britt, MN
Remodeled Historic Apartment Building
Updated: Jul 3
Remodeled Historic Apartment Building

400-408 1st Ave. SW, Chisholm, MN 55719

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33,778 sqft
33,778‑square‑foot apartment building originally constructed in 1920
Historic school building converted into remodeled apartment suites
One- and two‑bedroom layouts with galley kitchens, bedrooms, and baths
Most units include fireplaces and refinished hardwood floors
One suite offers 2 bedrooms, 2 baths, a walk‑in closet, and separate laundry room
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Chisholm, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Fully Rented Duplex
Fully Rented Duplex

824 13th St. N, Virginia, MN 55792

$71,900
1,496 sqft

Seven-bedroom, four-bath configuration with natural gas heat and asphalt-shingle roofing.

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Fully Leased Duplex
Fully Leased Duplex

130 E 16th St, Hibbing, MN 55746

$95,000
1,968 sqft

Upper- and lower-level layout with off-street parking and established tenancy.

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Fully Rented Multifamily Property
Fully Rented Multifamily Property

824 13th St N, Virginia, MN 55792

$71,900
1,496 sqft

Currently leased and offered only as part of a three-property package with two nearby Virginia properties.

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Two-Unit Duplex with Off-Street Parking
Two-Unit Duplex with Off-Street Parking

130 E 16th Street, Hibbing, MN 55746

$95,000
1,968 sqft

Fully leased residential property with separate upper and lower living spaces.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Heavily Wooded 10-Acre Lot
Heavily Wooded 10-Acre Lot

N Moon Lake Drive, Eveleth, MN 55734

$70,000
10.00 AC lot

10-acre lot on Moon Lake with southern exposure.

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Elliot Lake Waterfront Land Parcel
Elliot Lake Waterfront Land Parcel

Jola Road, Eveleth, MN 55734

$139,000
4.50 AC lot

4.5-acre parcel with 680 feet of shoreline on Elliot Lake.

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Lakefront Residential Development Land
Lakefront Residential Development Land

Bass Lake Road, Gilbert, MN 55741

$209,900
1.48 AC lot

Heavily wooded 1.48-acre parcel on Bass Lake with about 200 ft private shoreline and paved-road access.

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Waterfront Land with Private Shoreline
Waterfront Land with Private Shoreline

Bass Lake Rd, Gilbert, MN 55741

$209,900
1.48 AC lot

Heavily wooded Bass Lake lot with electricity at the street and paved-road access for a custom build.

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Chisholm, MN Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Chisholm, MN on our real estate platform. These investment opportunities span a total of 33,778 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 5,642
Population Growth (5Y) -4.7%
Median Household Income $63,497
College Educated 19.6%

Taxes & Financing

Tax Rate (average for all types) 1.71%
Property Tax per SF $2.94 per SF
Tax Rate vs County Average 0.88 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Louis County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in St. Louis County

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Residential Income

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