$345,000
International Falls, MN 56649
MLS# 6731318
7 beds | 5 baths | 5859 sqft
1 / 64
Property Description
Introducing a rare opportunity to own a beautifully preserved Craftsman-style 4-plex, offering both timeless elegance and strong investment potential. This meticulously maintained property features four distinct apartments—ranging from a cozy 1BR/1BA to a spacious 3BR/1BA—all with a solid rental history and impressive care throughout. Rich in character, the home showcases traditional details like built-ins, custom cabinetry, tin ceilings, butcher block counters, hardwood floors, intricate moldings, built-in buffets, and charming enclosed porches. Each unit boasts a private entrance, move-in-ready condition, and unique touches that reflect the home's storied past. Whether you continue its success as a multi-unit investment or restore it to its original grandeur as a single-family residence, the possibilities here are exceptional. Additional perks include income from a coin-op laundry, extra tenant storage, a lower-level rec room perfect for private gatherings, and an owner’s garage.
Details
Documents
Contract Information
Status: Active
Contingency: None
Current Price: $345,000
Original List Price: 425000
ListPrice: 345000
List Date: 2025-06-02
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Year Built: 1920
Yearly/Seasonal: Yearly
Bedrooms: 7
Baths Total: 5
Main Floor Total SqFt: 2916
Above Ground SqFt: 3897
Below Grd Total SqFt: 1962
Total SqFt: 5859
Foundation Size: 5859
Style: (MF) Four Plex
Total Finished Sqft: 5857.00
Garage Stalls: 2
Lot Dimensions: 250.00 x 250.00
Acres: 0.79
Location Tax and Other Information
House Number: 1601
Street Name: 4th
Street Suffix: Avenue
Street Direction Suffix: W
Postal City: International Falls
County: Koochiching
State: MN
Zip Code: 56649
Complex/Dev/Subdivision: Wallace Add To Koochiching
Assessments
Assessment Balance: 70
Tax With Assessments: 5150
Building Information
Finished SqFt Above Ground: 3897
Finished SqFt Below Ground: 1960
Income and Expenses
Annual Gross Income: 39000
Annual Net Income: 39000
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 20 x 35
Garage Square Feet: 700
Public Survey Info
Range#: 24
Section#: 34
Township#: 71
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
1/4 Baths: 1
Annual Rent: 10800
Finished SqFt: 3800
Full Baths: 1
Monthly Rent: 900
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 21
Unit 2
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 9600
Finished SqFt: 900
Full Baths: 1
Monthly Rent: 800
No. of Units Like This: 2
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 3
Unit 3
Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 3
Annual Rent: 9600
Finished SqFt: 950
Full Baths: 1
Monthly Rent: 800
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 6
Unit Details
Total Units: 4
Property Features
Accessible: None
Amenities Shared: Coin-op Laundry Owned
Basement: Full; Owner Access; Poured Concrete; Storage Space
Construction Materials: Frame
Construction Status: Previously Owned
Electric: 200+ Amp Service
Exterior: Fiber Board; Wood
Foundation: Other
Fuel: Natural Gas
Heating: Hot Water
Laundry: Common Area
Lot Description: Corner Lot
Rental License Type: Standard
Roof: Asphalt Shingles
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Shared Rooms: Amusement/Party Room
Stories: Two
Tenant Pays: Cable TV
Unit 1 Appliances: Range; Refrigerator
Unit 1 Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath
Unit 1 Cooling: Window
Unit 1 Dining Room Description: Breakfast Bar; Eat In Kitchen; Informal Dining Room
Unit 1 Special Search: Main Floor Primary
Unit 2 Cooling: Wall
Unit 2 Dining Room Description: Eat In Kitchen
Water: City Water/Connected
1601 4th Ave W LBP Disclosures.pdf Listing Office: Z'Up North Realty, Inc.
Last Updated: November - 10 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.