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For sale
  • $795,000

    525 Nelson St NE, Warroad, MN 56763

    36beds
    25baths
    19,140sqft
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    Multi Family
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $42/sqft
    $-- HOA

    What's special

    Patio or balcony
    This 18-unit apartment building has a unit mix of 1 to 3 bedroom units, with rents ranging from $600-$800. All units are above grade, with either patio or balcony. Owner pays boiler heat, electric metered to tenants. There would also be value in implementing a Ratio Utility Billing System (RUBS) program to absorb heat cost. Detached garage has 8 stalls. Call today for more info.
    15 days
    |
    198
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Square Foot Commercial Group 218-791-5184,

    Crary Real Estate

    Source: GFBMLS,MLS#: 26-1004MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 36
      • Bathrooms: 25
      Interior area
      • Total structure area: 19,140
      • Total interior livable area: 19,140 sqft
      • Finished area above ground: 19,140

      Property

      Lot
      • Size: 0.61 Acres
      • Dimensions: 130 x 203
      Details
      • Parcel number: 560156100
      • Zoning: A-1
      • Zoning description: Limited Development

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1983

      Community & HOA

      Location
      • Region: Warroad

      Financial & listing details

      • Price per square foot: $42/sqft
      • Tax assessed value: $794,300
      • Annual tax amount: $14,208
      • Date on market: 7/7/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,176/mo

        Price history

        DateEventPrice
        7/7/2026Listed for sale$795,000-1.2%$42/sqft
        Source: GFBMLS #26-1004 Report a problem
        6/1/2026Listing removed$805,000$42/sqft
        Source: GFBMLS #25-1133 Report a problem
        3/19/2026Price change$805,000-9%$42/sqft
        Source: GFBMLS #25-1133 Report a problem
        7/25/2025Listed for sale$885,000$46/sqft
        Source: GFBMLS #25-1133 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,610 +1.7%$794,300
        2024$15,346 -8.5%$794,300
        2023$16,764 +18.1%$794,300
        2022$14,196 +1.3%--
        2021$14,018 +6.2%--
        2020$13,194 +1.9%--
        2018$12,946 -5.8%--
        2017$13,740 -10.5%$560,100
        2016$15,354 -2.4%--
        2013$15,738 -5.9%--
        2012$16,724 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 56763

        Getting around

        44 / 100
        Car-Dependent
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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