Closed

$150,000

115 N Lake St, Frazee, MN 56544

4beds

4baths

3,551sqft

Quadruplex

Built in 1887

-- sqft lot

$153,100 Zestimate^®

$42/sqft

$1,162 Estimated rent

Home value

$153,100

Estimated sales range

Not available

$1,162/mo

Zestimate^® history

Owner options

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$1,162/mo

Rent Zestimate^®

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$725/mo

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$725/mo

Est. payment

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What's special

Off-market sale. 4 - Plex Apartment in Frazee, MN

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Forced Air

Features

Basement: Other

Interior area

Total structure area: 3,551
Total interior livable area: 3,551 sqft
Finished area above ground: 2,068
Finished area below ground: 0

Property

Accessibility

Accessibility features: None

Features

Levels: Two

Lot

Size: 0.4 Acres

Details

Foundation area: 2068
Parcel number: 500387000
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Condition

New construction: No
Year built: 1887

Utilities & green energy

Gas: Propane
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Frazee

Location

Region: Frazee

Financial & listing details

Price per square foot: $42/sqft
Tax assessed value: $223,100
Annual tax amount: $2,940
Date on market: 3/5/2026
Cumulative days on market: 2 days

Price history

Date	Event	Price
3/3/2026	Sold	$150,000+28.8%$42/sqft
Source: NorthstarMLS as distributed by MLS GRID #7029495 Report a problem
2/28/2021	Listing removed	--
Source: Owner Report a problem
3/16/2020	Listing removed	$575
Source: Owner Report a problem
2/27/2020	Price change	$575-8%
Source: Owner Report a problem
2/5/2020	Price change	$625-7.4%
Source: Owner Report a problem
7/9/2019	Listed for rent	$675
Source: Owner Report a problem
11/17/2015	Sold	$116,500-22.3%$33/sqft
Source: Public Record Report a problem
5/8/2015	Listed for sale	$149,900$42/sqft
Source: The Real Estate Company of Detroit Lakes, Inc. #84-727 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,940 -12.3%	$223,100 +17.9%
2024	$3,354 +16.7%	$189,200 -17.7%
2023	$2,874 +5.9%	$230,000 +22.4%
2022	$2,714 +18.9%	$187,900 +21.2%
2021	$2,282 +25%	$155,000 +11.7%
2020	$1,826 -2.4%	$138,800 +32.8%
2019	$1,870	$104,500 +0.8%
2018	$1,870 -15.5%	$103,700 -20.4%
2017	$2,212 +2.2%	$130,300
2016	$2,164 -1.1%	$130,300 +7.6%
2015	$2,188 -12.4%	$121,100 +3.2%
2014	$2,498 -10.8%	$117,300
2012	$2,800 +11.2%	--
2011	$2,518	--