Investment Opportunity! Multifamily property sits on 2.76 acres with proper zoning already in place. There is plenty of room for an additional building with proper approval from the city. 1.5 miles from the college in Staples, this property has 3 apartments, 9 total bedrooms and currently rents out by the room.The home is on the housing list at Central Lakes College and fills up quickly on orientation day. 26'x32' shed on the property is rented out for additional revenue. The seller has provided all financials. Agent is related to seller and is licensed under the state if MN.
Sold for $365,000
$365,000
1320 8th St NE, Staples, MN 56479
0beds
0baths
3,374sqft
SingleFamily
Built in 1967
2.76 Acres Lot
$340,100 Zestimate®
$108/sqft
$1,176 Estimated rent
Home value
$340,100
$299,000 - $374,000
$1,176/mo
Zestimate® history
Owner options
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$1,176/mo
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$1,176/mo
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$2,395/mo
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$2,395/mo
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Baseboard, Forced air, Heat pump, Solar
Features
- Basement: Finished
Interior area
- Total interior livable area: 3,374 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl
Lot
- Size: 2.76 Acres
Details
- Parcel number: 200364040
- Zoning: Residential-Multi-Family
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1967
Utilities & green energy
- Sewer: City Sewer/Connected
Community & HOA
Location
- Region: Staples
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $377,400
- Annual tax amount: $5,144
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2025 | Sold | $365,000+17.7%$108/sqft |
Source: Public Record Report a problem | ||
| 12/14/2020 | Listing removed | $310,000$92/sqft |
Source: Brainerd - WEICHERT, REALTORS - Tower Properties #5655799 Report a problem | ||
| 10/7/2020 | Price change | $310,000-8.6%$92/sqft |
Source: Brainerd - WEICHERT, REALTORS - Tower Properties #5655799 Report a problem | ||
| 9/10/2020 | Listed for sale | $339,000+13.4%$100/sqft |
Source: Weichert REALTORS Tower Properties #5655799 Report a problem | ||
| 11/10/2016 | Listing removed | $299,000$89/sqft |
Source: RE/MAX Lakes Area Realty #4660809 Report a problem | ||
| 11/11/2015 | Listed for sale | $299,000+57.4%$89/sqft |
Source: RE/MAX Lakes Area Realty #4660809 Report a problem | ||
| 8/8/2006 | Sold | $190,000+111.1%$56/sqft |
Source: Public Record Report a problem | ||
| 10/12/2005 | Sold | $90,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,144 -4.5% | $377,400 -0.1% |
| 2024 | $5,386 +11.9% | $377,600 -0.8% |
| 2023 | $4,812 -2.4% | $380,500 +33.4% |
| 2022 | $4,930 +15.7% | $285,300 +14.5% |
| 2021 | $4,260 +2.8% | $249,100 +5.8% |
| 2020 | $4,142 +4.5% | $235,500 +17.3% |
| 2018 | $3,962 -5.8% | $200,800 +7.1% |
| 2017 | $4,204 +1.9% | $187,500 -4% |
| 2016 | $4,124 +6.1% | $195,216 |
| 2015 | $3,888 | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 56479
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Nearby schools
GreatSchools rating
- 6/10Staples Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 4/10Motley-Staples Middle SchoolGrades: 5-8Distance: 0.9 mi
- 7/10Staples-Motley Senior High SchoolGrades: 9-12Distance: 0.9 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$340,100
2% more
+$6,802
With Zillow Showcase(estimated)
$346,902
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$340,100
2% more
+$6,802
With Zillow Showcase(estimated)
$346,902
- Minnesota
- Wadena County
- Staples
- 56479
- 1320 8th St NE
