Strong income-producing opportunity featuring a 4-unit multifamily building plus a separate 3-bedroom, 1.5-bath single-family home—all being sold together. With 4 of the 5 total units currently rented and vacant unit #1 undergoing renovations, this property offers immediate cash flow with additional upside upon completion. Originally a church with a pastor’s residence, the main building was converted into four rental units while still showcasing unique architectural character. The unfinished third level with vaulted ceilings provides excellent potential for additional unit(s), expanded living space, or increased rental income. The accompanying single-family home adds flexibility for owner-occupancy, additional rental revenue, or on-site management. Ideal for investors or house hackers looking to expand their portfolio with a versatile multi-unit property offering multiple income streams, value-add potential, and long-term growth. Owner is a licensed real estate agent in the state of Minnesota.
Active
$200,000
516 7th Ave, International Falls, MN 56649
7beds
4baths
4,733sqft
Fourplex
Built in 1910
-- sqft lot
$-- Zestimate®
$42/sqft
$-- HOA
What's special
Unique architectural characterVaulted ceilings
- 29 days
- 462
- 28
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jennifer M. Giovinazzo 651-249-4789,
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7160877
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Boiler, Forced Air
Appliances
- Laundry: In Basement, Gas Dryer Hookup, Lower Level, Sink, Washer Hookup
Features
- Basement: Block,Full
Interior area
- Total structure area: 4,730
- Total interior livable area: 4,733 sqft
- Finished area above ground: 2,365
- Finished area below ground: 2,368
Property
Parking
- Total spaces: 3
- Parking features: Attached, On Street, Parking Lot
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 10,018 Square Feet
- Dimensions: 75 x 140
Details
- Foundation area: 2368
- Parcel number: TBD
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Roof: Asphalt,Metal,Other,Pitched
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: International Falls
Location
- Region: International Falls
Financial & listing details
- Price per square foot: $42/sqft
- Tax assessed value: $72,700
- Annual tax amount: $1,576
- Date on market: 10/16/2026
- Cumulative days on market: 30 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2026 | Listed for sale | $200,000+14.3%$42/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7160877 Report a problem | ||
| 6/5/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/2/2024 | Listed for sale | $175,000-2.8%$37/sqft |
Source: Owner Report a problem | ||
| 12/16/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/24/2023 | Listed for sale | $180,000+71.4%$38/sqft |
Source: Owner Report a problem | ||
| 5/30/2019 | Sold | $105,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,258 -6.4% | $72,700 +20.4% |
| 2024 | $1,344 -3.6% | $60,400 -16.6% |
| 2023 | $1,394 -13.5% | $72,400 -2.4% |
| 2022 | $1,612 +11.8% | $74,200 +2.5% |
| 2021 | $1,442 +1.7% | $72,400 |
| 2020 | $1,418 | $72,400 |
| 2019 | $1,418 +3.1% | $72,400 |
| 2018 | $1,376 +4.6% | $72,400 |
| 2017 | $1,316 +11.7% | $72,400 |
| 2016 | $1,178 -3% | $72,400 |
| 2015 | $1,214 -5.5% | $72,400 -6.2% |
| 2014 | $1,284 | $77,200 +11.4% |
| 2013 | -- | $69,300 |
| 2012 | -- | $69,300 |
| 2011 | $1,030 | $69,300 |
| 2010 | -- | $69,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 56649
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