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607 2nd St S 3 Unit Apartment Building $850,000 ($283,333/Unit) Walker, MN 56484

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INVESTMENT HIGHLIGHTS

  • There are 2 decks, 2 patios, and a lawn shed.
  • Lower Level Unit A consists of 2 bedrooms, 1 bathroom, full laundry room, kitchen.
  • This property is being sold FULLY FURNISHED with appliances, beds, nightstands, tvs, end tables, accent chairs, dining room table, chairs, couches, be
  • The Main Floor Unit consists of 10 bedrooms, 11 bathrooms, full kitchen, full laundry, pantry, office, 2 car garage used as a game room.
  • Lower Level Unit B has 2 bedrooms, 1 bathroom, laundry in large utility room and completes with another 2 car garage.

EXECUTIVE SUMMARY

Incredible chance to own a 3 Unit Rental Property, with over 9700 sq ft, located in the heart of Walker Minnesota, walking distance to public access of Leech Lake, schools, library, restaurants, shopping, coffee shops, the Paul Bunyan Trail, grocery stores and so much more. This unique property has a total of 14 bedrooms, 13 bathrooms, and 4 car garage. There are 2 decks, 2 patios, and a lawn shed. The Main Floor Unit consists of 10 bedrooms, 11 bathrooms, full kitchen, full laundry, pantry, office, 2 car garage used as a game room. Lower Level Unit A consists of 2 bedrooms, 1 bathroom, full laundry room, kitchen. Lower Level Unit B has 2 bedrooms, 1 bathroom, laundry in large utility room and completes with another 2 car garage. This property is being sold FULLY FURNISHED with appliances, beds, nightstands, tvs, end tables, accent chairs, dining room table, chairs, couches, bedroom linens, and bathroom towels. Every bedroom has its own temperature controlled heat. Lawn has a sprinkler system. Property is designed to access every unit through a set of internal stairs with secure entry or you can use the separate driveways. This is truly a TURN KEY business. A must see! Dreams of owning your own AIR BNB. VRBO, RENTAL UNITS, EVENT CENTER, ASSISTED LIVING, WELLNESS/TREATMENT CENTERS…… the possibilities are endless with this property.

PROPERTY FACTS

Price $850,000
Price Per Unit $283,333
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Building Size 17,065 SF
No. Stories 2
Year Built 2005
Zoning Residential-Multi-Family

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 5 $1,488 2,438

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
96-022-4418
Land Assessment
$75,000
Improvements Assessment
$725,700
Total Assessment
$800,700
  • Listing ID: 37348141

  • Date on Market: 8/20/2025

  • Last Updated:

  • Address: 607 2nd St S, Walker, MN 56484

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