Whether you want to increase your portfolio or have a live-in house hack. This property is perfect for your next cash-flowing investment. Currently used as a long-term rental but can be used as a short-term rental, this four-unit property has a mix of 2 two-bedrooms (both leased currently $1000 and $900/month), a one-bedroom ($835/month vacant), and one efficiency apartments ($750/month vacant). Current tenants are on month-to-month or soon-to-be-expiring leases. Three new water heaters in the last three years. The furnace has also been updated to natural gas. The electrical service has been updated to all breakers and potential laundry room wiring has been run already. Metal roof and blown-in insulation in the attic make this fairly easy to heat. All the utilities and heat are included in the tenants' rent.
Multi-familyProperty Type
1920Year Built
6,250 sq ftLot Size
$73Price/Sq.Ft.
Listed by Jason Sheiman• Grand Properties Real Estate
Nicely updated 4-plex with great cash flow and rental history! Two 2 bedroom units, one 1 bedroom unit, and a studio apartment. Excellent income producing property! (Interior pictures taken prior to tenants moving in. )
Public Records
Apr 8, 2019
Sold
$37,000
$17/sq ft
Public Records
May 28, 2014
Sold
$37,000
$17/sq ft
NORTHSTARMLS as Distributed by MLS Grid #MAM24977
Sep 10, 2008
Listed
$59,900
$27/sq ft
Public Records
Sep 9, 2002
Sold
$56,500
$26/sq ft
NORTHSTARMLS as Distributed by MLS Grid #2020598
May 31, 2002
Listing Removed
—
Mar 17, 2002
Listed
$73,000
$33/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,148 (+20.5%)
$5,400 + $120,500
$125,900
2025
$2,612 (+15.2%)
$5,400 + $108,900
$114,300
2024
$2,268 (+70.5%)
$5,400 + $97,600
$103,000
2023
$1,330 (−15.5%)
$5,400 + $40,500
$45,900
2022
$1,574 (+11.8%)
$5,400 + $40,500
$45,900
2021
$1,408 (−0.4%)
$5,400 + $40,500
$45,900
2020
$1,414 (+14.2%)
$5,400 + $40,500
$45,900
2019
$1,238 (−10.3%)
$5,400 + $40,500
$45,900
2018
$1,380 (−8.6%)
$6,200 + $49,300
$55,500
2017
$1,510 (+14.6%)
$6,200 + $54,800
$61,000
2016
$1,318 (+0.3%)
$5,600 + $50,900
$56,500
2014
$1,314 (−4.8%)
$5,600 + $53,200
$58,800
2013
$1,381
$5,600 + $53,200
$58,800
Public record
Beds
—
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
6,246 Sq. Ft.
Year renovated
2015
Finished Sq. Ft.
2,200
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,200
Year built
2015
Style
Multi-Family (5+ Unit)
County
St. Louis County
APN
015-0010-01170
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
1/10 Heat Factor
7 days above 90° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Biwabik, MN • 55708
Average low and high temperatures (°F)
14
-3
24
4
39
19
48
29
65
40
73
52
76
57
73
55
72
50
58
38
38
24
22
6
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 110 3rd Ave N
$160,074
$74 over list price of $160K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $142K to $540K.
Local rules require you to be signed in101 2nd Ave N, Biwabik, MN 55708