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.
For sale
Price cut: $10K (7/2)
$369,000
1401 Norwood St, Brainerd, MN 56401
--beds
3,180sqft
Multi Family
Built in 1938
-- sqft lot
$-- Zestimate®
$116/sqft
$-- HOA
What's special
- 141 days
- 96
- 3
Zillow last checked:
Listing updated:
Listed by:
James Flesch 218-568-3311,
Your Home Sold Guaranteed Realty Exclusive
Source: My State MLS,MLS#: 11736145
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
Video & virtual tour
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
$2,126/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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 56401
Nearby schools
Schools provided by the listing agent
- District: Brainerd Public School District
Source: My State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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