Grand Rapids MN Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1963
Baths:
MLS#:
6559133
Subdivision:
Whitesides Echoing Hills

ADDITIONAL INFORMATION

Opportunity knocks! This property presents a prime business opportunity. You can't beat the location just south of Grand Rapids on Hwy 169. Featuring two residential rental units that have been updated and are ready to cash flow! There is also a separate unit for a business. Recent updates include HVAC, electrical, siding, flooring, paint, and a newer roof. There is incredible visibility from Hwy 169 and ample parking. Additional land to the south is available for purchase too. Just bring your vision and ideas. The seller would consider a long-term lease as well.

Type:
Triplex
Sq.Ft.:
3,536
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1985
Baths:
MLS#:
6550879
Subdivision:
Kearneys 1st Add To Gr

ADDITIONAL INFORMATION

Unique, multi-family, lakeshore property in the heart of Grand Rapids! This triplex sits on 1+ acres of beautifully manicured grounds including a creek and 318ft of frontage on Crystal (Ice) Lake. Units 1 & 3 feature private decks overlooking the lake, while Unit 2 has a walk-out, covered patio. Units 1 & 2 have 2 bedrooms and 1 full bath each and share a 2-stall, divided garage. The larger, split-level Unit 3 has 3 bedrooms and 2 full baths with an oversized 2-stall garage. All units are currently rented to tenants who hope to stay with new ownership. This beautiful property includes a dock, walking bridge over the creek, and ample guest parking. The location cannot be beat, across the street from Yanmar Ice Arena, 1/2 mile from the Mesabi biking trailhead, near numerous parks/recreation areas, and across the lake from the Itasca County fairgrounds. Enjoy the many year-round festivals and events Grand Rapids has to offer. Don't miss this one-of-a-kind investment opportunity in a prime Northwoods location!

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.




Grand Rapids Real Estate

The median home value in Grand Rapids, MN is $257,400. This is higher than the county median home value of $197,700. The national median home value is $338,100. The average price of homes sold in Grand Rapids, MN is $257,400. Approximately 58.93% of Grand Rapids homes are owned, compared to 36.11% rented, while 4.96% are vacant. Grand Rapids real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Grand Rapids real estate agent to arrange a tour today!

Grand Rapids, Minnesota has a population of 11,056. Grand Rapids is more family-centric than the surrounding county with 30.56% of the households containing married families with children. The county average for households married with children is 25.16%.

The median household income in Grand Rapids, Minnesota is $51,498. The median household income for the surrounding county is $58,393 compared to the national median of $69,021. The median age of people living in Grand Rapids is 42.5 years.

Grand Rapids Weather

The average high temperature in July is 78.8 degrees, with an average low temperature in January of -4.1 degrees. The average rainfall is approximately 28.1 inches per year, with 44.5 inches of snow per year.

Grand Rapids Real Estate Market Conditions

  • Median sales price

    $257,400
    13.2% change since last quarter
  • # Active listings

    73
    30-day change

Grand Rapids Schools and Demographics

Education near Grand Rapids, MN

Metric City County
High School Graduates 94.71 94.38
College Degree - 2 year 14.23 13.86
College Degree - 4 year 29.87 25.15
Graduate Degree 8.57 6.36
Expenditures per Student 25,830 25,830
Students per Teacher 14.8 14.8

Elementary Schools near Grand Rapids, MN

School Grades Students P/T Ratio ZIP
Cohasset Elementary School KG - 04 248 19.3 55721
Forest Lake Elementary School KG - 04 401 17.3 55744
Marble Early Childhood Center PK - PK 33 8.6 55764
Murphy Elementary School KG - 04 375 18.1 55744
Southwest Elementary School KG - 04 380 18.3 55744
Vandyke Elementary School PK - 04 418 14.3 55722

Middle Schools near Grand Rapids, MN

School Grades Students P/T Ratio ZIP
Greenway Middle 05 - 08 328 18.9 55722
Robert J. Elkington Middle School 05 - 08 979 21 55744

High Schools near Grand Rapids, MN

School Grades Students P/T Ratio ZIP
Grand Rapids Senior High School 09 - 12 1,153 21.7 55744
Greenway Senior High School 09 - 12 300 16.2 55722
Infinity:Minnesota Digital Academy 09 - 12 0 55744

Ungraded Schools near Grand Rapids, MN

School Grades Students P/T Ratio ZIP
* Grand Rapids Area Learning Center 08 - 12 82 17 55744
* Nashwauk-Keewatin ALP 09 - 12 17 17 55764
Grand Rapids Early Childhood Center PK - PK 69 14.2 55744
Itaskin Education Center KG - 12 47 6.7 55744
Northland Educational Center 06 - 12 9 15 55744

Demographics near Grand Rapids, MN

Metric City County
Neighborhood Type Suburban
Population 11,056 44,969
Population Density 490 17
Median Age 42.5 46.5
People per Household 2.3 2.4
Median Household Income 51,498 58,393
Average Income per Capita 29,738 31,709