BACK ON THE MARKET! Outstanding 4-plex investment opportunity in the heart of Babbitt! Well-maintained property with all four units currently rented, plus detached garages for additional income potential. Recent improvements include new roofs on both buildings, updated siding, fresh exterior paint, newer windows, and additional updates throughout. Shared tenant laundry, with private laundry and a cozy gas fireplace in the owner’s unit. Conveniently located near lakes, parks, snowmobile and ATV trails, and year-round outdoor recreation. Great opportunity for an investor or owner-occupant looking to build equity with a solid rental property.
Active
$425,000
12 Linney St, Babbitt, MN 55706
8beds
4baths
3,460sqft
Fourplex
Built in 1977
-- sqft lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
Detached garagesFresh exterior paintShared tenant laundryPrivate laundryNewer windowsUpdated siding
- 57 days
- 105
- 4
Zillow last checked:
Listing updated:
Listed by:
Chessica L Olson 763-257-5080,
Anchor Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7133459
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air, Fireplace(s)
Appliances
- Laundry: Lower Level, Main Level, Coin-op Laundry Owned
Features
- Basement: None
Interior area
- Total structure area: 1,730
- Total interior livable area: 3,460 sqft
- Finished area above ground: 3,460
- Finished area below ground: 0
Property
Parking
- Total spaces: 12
- Parking features: Garage
- Garage spaces: 12
Accessibility
- Accessibility features: Other
Features
- Levels: Two
- Patio & porch: Deck, Patio
- Fencing: None
Lot
- Size: 1.1 Acres
- Dimensions: 200 x 188
- Features: Corner Lot
Details
- Foundation area: 1730
- Parcel number: 105008000054
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Block, Concrete, Frame
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Electric, Propane
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Babbitt Lands In The City
HOA
- Amenities included: Coin-op Laundry Owned, Deck
Location
- Region: Babbitt
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $236,700
- Annual tax amount: $4,290
- Date on market: 8/26/2026
- Cumulative days on market: 183 days
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $425,000$123/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7133459 Report a problem | ||
| 8/23/2026 | Listing removed | $425,000$123/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7036812 Report a problem | ||
| 6/1/2026 | Price change | $425,000-5.3%$123/sqft |
Source: Range AOR #149615 Report a problem | ||
| 3/14/2026 | Listed for sale | $449,000+95.2%$130/sqft |
Source: Range AOR #149615 Report a problem | ||
| 4/1/2022 | Sold | $230,000-7.6%$66/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6096273 Report a problem | ||
| 2/21/2022 | Contingent | $249,000$72/sqft |
Source: Range AOR #142275 Report a problem | ||
| 12/22/2021 | Pending sale | $249,000$72/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6099477 Report a problem | ||
| 9/3/2021 | Listed for sale | $249,000+53.2%$72/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6099477 Report a problem | ||
| 8/2/2004 | Sold | $162,500$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,880 +6.5% | $236,700 +5.6% |
| 2024 | $3,644 +13.2% | $224,100 +7.5% |
| 2023 | $3,220 +15.2% | $208,400 +33.7% |
| 2022 | $2,794 -4.2% | $155,900 +23.2% |
| 2021 | $2,918 | $126,500 -5% |
| 2020 | $2,918 | $133,200 |
| 2019 | $2,918 +1% | $133,200 |
| 2018 | $2,890 +0.8% | $133,200 |
| 2017 | $2,866 -0.8% | $133,200 |
| 2016 | $2,890 +4.6% | $133,200 -7.8% |
| 2015 | $2,764 +21.2% | $144,400 +20.1% |
| 2014 | $2,280 +3.2% | $120,200 |
| 2013 | $2,209 +1.2% | $120,200 |
| 2012 | $2,184 +12.4% | $120,200 -16.8% |
| 2011 | $1,943 +3% | $144,400 |
| 2010 | $1,886 | $144,400 |
| 2009 | $1,886 +38.4% | $144,400 +12.1% |
| 2008 | $1,363 +27.9% | $128,800 +15% |
| 2007 | $1,066 +45.5% | $112,000 +20.3% |
| 2006 | $733 -6.6% | $93,100 +11.1% |
| 2004 | $785 +10.6% | $83,800 +5.5% |
| 2003 | $709 +17.4% | $79,400 +10% |
| 2002 | $604 -14.9% | $72,200 +0.8% |
| 2001 | $710 +0.4% | $71,600 +8.5% |
| 2000 | $707 | $66,000 |
Find assessor info on the county website
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Neighborhood: 55706
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