For sale

Price cut: $10K (7/2)

$369,000

1401 Norwood St, Brainerd, MN 56401

--beds

3,180sqft

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Multi Family

Built in 1938

-- sqft lot

$-- Zestimate^®

$116/sqft

$-- HOA

What's special

Excellent investment opportunity in the heart of the Brainerd Lakes Area. This well-maintained 6-unit property offers a strong unit mix with three two bedroom apartments, two one-bedroom units and one efficiency unit. Property has good rental history all units are month to month at this time. Additional lot is included in this property and could be developed for future use. Current owner provides his own lawn care and snow removal and would be available to contract that out in the future for any new owners. This property offers strong income potential in the highly desirable Brainerd Lakes Area. 48 hour notice for all showings.

69 days

174

7

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Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 6
Full bathrooms: 4
1/2 bathrooms: 2

Basement

Area: 0

Heating

Natural Gas, Forced Air

Features

Flooring: Carpet, Linoleum
Has basement: No
Has fireplace: No

Interior area

Total structure area: 3,180
Total interior livable area: 3,180 sqft
Finished area above ground: 3,180

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Property

Features

Stories: 3

Lot

Size: 7,405 Square Feet
Features: Trees

Details

Parcel number: 41300654 41300653
Lease amount: $0

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame, Stucco Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1938

Utilities & green energy

Electric: Amps(0)
Sewer: Municipal
Water: Municipal

Community & HOA

HOA

Has HOA: No

Location

Region: Brainerd

Financial & listing details

Price per square foot: $116/sqft
Tax assessed value: $274,000
Annual tax amount: $3,766
Date on market: 5/1/2026
Date available: 04/28/2026
Listing agreement: Exclusive

Estimated market value

Not available

Estimated sales range

Not available

$2,423/mo

Price history

Date	Event	Price
7/2/2026	Price change	$369,000-2.6%$116/sqft
Source: My State MLS #11736145 Report a problem
5/1/2026	Listed for sale	$379,000$119/sqft
Source: My State MLS #11736145 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,181 +0.8%	$274,000 +12.2%
2024	$3,155 +23.4%	$244,100
2023	$2,557 -8.6%	$244,100 +33.2%
2022	$2,799 -4.8%	$183,200 +14.4%
2021	$2,939 -0.5%	$160,100 -0.2%
2020	$2,955 +14%	$160,400 +12.6%
2017	$2,592	$142,400 +1.5%
2016	$2,592 +1.3%	$140,300 -0.4%
2015	$2,560 +140.8%	$140,900 +12.4%
2014	$1,063 -54.5%	$125,400 -0.4%
2012	$2,335 +27.1%	$125,900
2011	$1,836 -21%	$125,900 -13.3%
2010	$2,325 +31.3%	$145,200
2009	$1,772	$145,200

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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