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.
Active
$160,000
110 3rd Ave N, Biwabik, MN 55708
5beds
4baths
2,200sqft
Fourplex
Built in 1920
-- sqft lot
$-- Zestimate®
$73/sqft
$-- HOA
What's special
Three new water heatersEfficiency apartmentsMetal roof
- 11 days
- 151
- 15
Zillow last checked:
Listing updated:
Listed by:
Joseph Tome,
GRAND PROPERTIES REAL ESTATE
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7143364
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air, Space Heater
Features
- Basement: Full
Interior area
- Total structure area: 3,300
- Total interior livable area: 2,200 sqft
- Finished area above ground: 2,200
- Finished area below ground: 0
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Porch
Lot
- Size: 6,229 Square Feet
- Dimensions: 50 x 125
Details
- Foundation area: 1100
- Parcel number: 015001001170
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Post and Beam
- Roof: Metal
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service, Power Company: Other
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Biwabik
Location
- Region: Biwabik
Financial & listing details
- Price per square foot: $73/sqft
- Tax assessed value: $125,900
- Annual tax amount: $3,148
- Date on market: 9/12/2026
- Cumulative days on market: 11 days
- Tenant pays: Snow Removal
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $160,000+14.4%$73/sqft |
Source: Range AOR #150670 Report a problem | ||
| 3/22/2022 | Sold | $139,900$64/sqft |
Source: Public Record Report a problem | ||
| 1/23/2022 | Contingent | $139,900$64/sqft |
Source: Range AOR #142767 Report a problem | ||
| 1/12/2022 | Listed for sale | $139,900+278.1%$64/sqft |
Source: Range AOR #142767 Report a problem | ||
| 4/8/2019 | Sold | $37,000$17/sqft |
Source: Public Record Report a problem | ||
| 5/28/2014 | Sold | $37,000-7.3%$17/sqft |
Source: Public Record Report a problem | ||
| 1/3/2014 | Listing removed | $39,900$18/sqft |
Source: CENTURY 21 Edwards & Associates, Inc #120222 Report a problem | ||
| 8/27/2013 | Price change | $39,900-21.6%$18/sqft |
Source: CENTURY 21 Edwards & Associates, Inc #120222 Report a problem | ||
| 2/15/2013 | Price change | $50,900-4%$23/sqft |
Source: CENTURY 21 Edwards & Associates, Inc #120222 Report a problem | ||
| 10/10/2012 | Listed for sale | $53,000-6.2%$24/sqft |
Source: CENTURY 21 Edwards & Associates, Inc #120222 Report a problem | ||
| 9/9/2002 | Sold | $56,500$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,612 +15.2% | $125,900 +10.1% |
| 2024 | $2,268 +70.5% | $114,300 +11% |
| 2023 | $1,330 -15.5% | $103,000 +124.4% |
| 2022 | $1,574 +11.3% | $45,900 |
| 2021 | $1,414 | $45,900 |
| 2020 | $1,414 | $45,900 |
| 2019 | $1,414 +2.5% | $45,900 -17.3% |
| 2018 | $1,380 +11.5% | $55,500 |
| 2017 | $1,238 -10.3% | $55,500 -9% |
| 2016 | $1,380 -8.6% | $61,000 +8% |
| 2015 | $1,510 +14.6% | $56,500 -3.9% |
| 2014 | $1,318 -4.5% | $58,800 |
| 2013 | $1,381 +3.8% | $58,800 +0.2% |
| 2012 | $1,331 +7.2% | $58,700 |
| 2011 | $1,241 -0.5% | $58,700 |
| 2010 | $1,248 | $58,700 |
| 2009 | $1,248 -9% | $58,700 +1.2% |
| 2008 | $1,371 -7.6% | $58,000 |
| 2007 | $1,484 +35.9% | $58,000 +39.1% |
| 2006 | $1,092 +1.2% | $41,700 |
| 2004 | $1,079 -33.7% | $41,700 |
| 2003 | $1,629 +17.9% | $41,700 +10.9% |
| 2002 | $1,381 -4.7% | $37,600 +8.4% |
| 2001 | $1,449 +22.3% | $34,700 +8.4% |
| 2000 | $1,185 | $32,000 |
Find assessor info on the county website
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Neighborhood: 55708
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