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$249,800   Price Analysis
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813 Minnesota Ave NW
Bemidji, MN 56601
5 bed 4 bath 3,630 SqFt ($68/SqFt)
6,970SqFt lot. Built 1900
Listed 2024-04-22, Taxes $3,102
USDA Eligible
near Bemidji, MN
 Restrictions may apply
due to home size

11.5% CAP Rate - 4 Unit Apartment Building.

* Sale Pending *

5 total bedrooms, 4 total bathrooms, 3630 total fnished SqFt and a basement for easy maintenance. Great occupancy history.

Use as an investment property or owner occupy one unit to lower your living expenses. Contact your agent for financials.


Presented by Nick Hoover at
Coldwell Banker Crown Realtors.
Listing Agent Photo

Property MLS #6523254 from NorthstarMLS

Bedrooms: 5

Basement Features: Concrete Block, Poured Concrete

Full Bathrooms: 4

Fuel Expense: 1380.00
Heating Features: Forced Air
Heating Fuel: Natural Gas

Steel Siding

Land Lease Amount Frequency: No
Lot Size Acres: 0.16
Lot Size Dimensions: 50'x140'
Lot Size Square Feet: 6970

Garage Spaces: 1
Garage Sqft: 400

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 38400.00

Number of Units: 4

School District: 31 - Bemidji

Central Elementary School is a public elementary school located approximately 0.1 miles away.
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Bemidji Middle School is a public middle school located approximately 1.4 miles away.
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Bemidji Senior High School is a public high school located approximately 2 miles away.
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St Philip's School is a private elementary and middle school located approximately 0.2 miles away.
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Annual Tax Amount: 3016.00
Source Listing Status: Pending
County: Beltrami
Directions: 800 block of Minnesota Ave NW. Big yellow building. Across from park.
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 2400.00
Manager Expense: 200.00
Source Neighborhood: First Add
Parcel Number: 800119500
Subdivision: First Add
Trash Expense: 420.00
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$144,100 + $12,300
$156,400
$3,102
2020$144,100 + $12,300
$156,400
$3,378
2019$131,000 + $12,300
$143,300
$3,172
2018$130,000 + $12,300
$142,300
$3,144
2017$126,600 + $12,300
$138,900
$3,144
2016$120,000 + $12,300
$132,300
$3,124

Listed 2024-04-22
$249,800
NorthstarMLS
Listing removed 2021-02-19
$215,000
NorthstarMLS
Sold 2020-08-04
$150,515
Public Record
Sold 2016-01-27
$142,000
NorthwestMinnesotaAOR
Listed 2015-10-21
$155,000
NorthwestMinnesotaAOR

Net Operating Income: 28764.00
Operating Expense: 9636.00

Total Square Feet Living: 3630
Above Grade Finished Area: 3630
Foundation Area: 2980.00
Property Age: 124
Property Condition: Previously Owned
Levels or Stories: 2
Total Above Grade Sqft Area: 3630.00
Total Area Main: 2980.00
Total Below Grade Area: 1350.00

Sewer: City Sewer/Connected
Water Sewer Expense: 2220.00
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.