Investor opportunity in Cass Lake. This 5-unit apartment building offers strong cash flow, consistent rental demand, and an easy-to-manage one-level layout. The property includes four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, giving a great mix of rental options for the local market. Located in the heart of Cass Lake, this property has proven to be easy to rent, with vacant units filling quickly when they become available. Investors will appreciate the steady income potential, practical floor plan, and the convenience of all units being on one level for simplified maintenance and tenant access. Whether you are looking to add to your portfolio or step into multi-family investing, this is a solid opportunity with strong rental appeal.
Active
Price cut: $10.1K (5/19)
$249,800
106 Aspen Ave SW, Cass Lake, MN 56633
8beds
4baths
4,482sqft
:
Get pre-qualified$1,579/mo
Other
Built in 1950
-- sqft lot
$238,000 Zestimate®
$56/sqft
$-- HOA
What's special
- 83 days |
- 86 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
The Hoover Group 218-766-5588,
Real Broker, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7066179
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Features
- Basement: None
Interior area
- Total structure area: 4,481
- Total interior livable area: 4,482 sqft
- Finished area above ground: 4,482
- Finished area below ground: 0
Property
Accessibility
- Accessibility features: Other
Features
- Levels: One
Lot
- Size: 1,132 Square Feet
- Dimensions: 100 x 125
Details
- Foundation area: 4482
- Parcel number: 853442010
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: West Cass Lake
Location
- Region: Cass Lake
Financial & listing details
- Price per square foot: $56/sqft
- Annual tax amount: $4,430
- Date on market: 5/4/2026
- Cumulative days on market: 45 days
Estimated market value
$238,000
$226,000 - $250,000
$1,150/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Price change | $249,800-3.9%$56/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7066179 Report a problem | ||
| 5/4/2026 | Listed for sale | $259,900+18.1%$58/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7066179 Report a problem | ||
| 10/16/2023 | Sold | $220,000-6.4%$49/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6385733 Report a problem | ||
| 8/18/2023 | Pending sale | $235,000$52/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6385733 Report a problem | ||
| 6/12/2023 | Listed for sale | $235,000+0%$52/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6385733 Report a problem | ||
| 8/4/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6234864 Report a problem | ||
| 7/14/2022 | Listed for sale | $234,900+17.5%$52/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6234864 Report a problem | ||
| 12/18/2021 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6116921 Report a problem | ||
| 10/19/2021 | Listed for sale | $199,900-7%$45/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6116921 Report a problem | ||
| 8/17/2021 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6022554 Report a problem | ||
| 7/9/2021 | Listed for sale | $214,900$48/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6022554 Report a problem | ||
| 11/18/2020 | Listing removed | $214,900$48/sqft |
Source: Counselor Realty of Bemidji #5643162 Report a problem | ||
| 10/27/2020 | Price change | $214,900-10.4%$48/sqft |
Source: Counselor Realty of Bemidji #5643162 Report a problem | ||
| 8/18/2020 | Listed for sale | $239,900$54/sqft |
Source: Counselor Realty of Bemidji #5643162 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 56633
Nearby schools
GreatSchools rating
- 6/10Cass Lake-Bena Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 1/10Cass Lake-Bena Middle SchoolGrades: 5-8Distance: 1.4 mi
- 1/10Cass Lake-Bena SecondaryGrades: 9-12Distance: 1.3 mi
- $372,8009 bd5 ba4.4k sqft106 Aspen Ave, Cass Lake, MN 56633Off Market
- $1,000-- bd-- ba-- sqft15849 Cottage Rd, Cass Lake, MN 56633Off Market
- $31,7502 bd1 ba980 sqft15841 Cottage Rd NW, Cass Lake, MN 56633Sold
- $21,900-- bd-- ba-- sqft526 1st St SW, Cass Lake, MN 56633Off Market
- $94,2002 bd1 ba774 sqft15849 Cottage Rd NW, CASS LAKE, MN 56633Off Market
- $21,900-- bd-- ba-- sqft525 2nd St SW, Cass Lake, MN 56633Off Market
- $67,100-- bd-- ba928 sqft6210 2nd St S #0, Cass Lake, MN 56633Off Market
- $91,8002 bd1 ba1k sqft6210 2nd St S, Cass Lake, MN 56633Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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