$100,000
International Falls, MN 56649
MLS# 7042177
4 beds | 3 baths | 2760 sqft
1 / 45
Property Description
Excellent investment opportunity in International Falls! This well-positioned triplex offers strong income potential with all three units currently rented, making it a turnkey addition to any portfolio. The main level unit features a spacious 2 bedroom, 1 bath layout complete with in-unit washer and dryer—highly desirable for long-term tenants. The two upper units each offer comfortable 1 bedroom layouts with 3/4 baths, providing efficient and low-maintenance living spaces. The property includes an unfinished basement housing utilities, with excellent potential to finish and add an additional unit or expand income possibilities. Off-street parking adds convenience for tenants, increasing overall rental appeal. Whether you’re looking to expand your portfolio or step into multi-family investing, this property delivers consistent cash flow and future upside. Owner is a licensed real estate agent in the state of Minnesota.
Details
Contract Information
Owner is an Agent?: Yes
Auction?: No
Status: Active
Contingency: None
Current Price: $100,000
Original List Price: 100000
ListPrice: 100000
List Date: 2026-03-24
Office/Member Info
Association: GLAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1940
Yearly/Seasonal: Yearly
Lot Dimensions: 45x100
Acres: 0.08
Main Floor Total SqFt: 920
Below Grd Total SqFt: 920
Above Ground SqFt: 1840
Total Finished Sqft: 1840.00
Foundation Size: 920
Style: (MF) Triplex
Garage Stalls: 0
Bedrooms: 4
Baths Total: 3
Total SqFt: 2760
Location, Tax and Other Information
Legal Description: S. 81.50FT OF LOTS 13 & 14 BLOCK 59
Listing City: International Falls
Map Page: 999
Municipality: International Falls
School District: International Falls
School District Phone: 218-283-2571
Zip Plus 4: 8491
Property ID Number: 9200759131
Tax Year: 2025
Tax Amount: 1039
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Excellent investment opportunity in International Falls! This well-positioned triplex offers strong income potential with all three units currently rented, making it a turnkey addition to any portfolio. The main level unit features a spacious 2 bedroom, 1 bath layout complete with in-unit washer and dryer—highly desirable for long-term tenants. The two upper units each offer comfortable 1 bedroom layouts with 3/4 baths, providing efficient and low-maintenance living spaces. The property includes an unfinished basement housing utilities, with excellent potential to finish and add an additional unit or expand income possibilities. Off-street parking adds convenience for tenants, increasing overall rental appeal. Whether you’re looking to expand your portfolio or step into multi-family investing, this property delivers consistent cash flow and future upside. Owner is a licensed real estate agent in the state of Minnesota.
Directions: From downtown International Falls, head east on 3rd Street (US-71) for approximately 0.4 miles. Turn left (north) onto 5th Avenue and continue for about 0.3 miles. The property at 620 5th Ave will be on your left-hand side.
Accessible
Soaking Tub: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 1160
Basement
Full: 1
Building Information
Finished SqFt Above Ground: 1840
Construction Materials
Frame: 1
Construction Status
Previously Owned: 1
Exterior
Vinyl: 1
Foundation
Poured Concrete: 1
Fuel
Natural Gas: 1
Heating
Boiler: 1
Radiant: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Owner Pays
See Remarks: 1
Sewer: 1
Trash Collection: 1
Water: 1
Ownership
Fractional Ownership: No
Rental License Type
Standard: 1
Sellers Terms
Cash: 1
Conventional: 1
Sewer
City Sewer/Connected: 1
Stories
Two: 1
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
Monthly Rent: 650
Full Baths: 1
Total Rooms: 5
# of Fireplaces: 1
Annual Rent: 7800
Finished SqFt: 920
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Unit Details
Total Units: 3
Water
City Water/Connected: 1
Income and Expenses
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 19800
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0
Tenant Pays
Electricity: 1
Gas: 1
See Remarks: 1
Unit 2
Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 2
3/4 Baths: 1
Annual Rent: 5400
Finished SqFt: 460
Monthly Rent: 450
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 4
Unit 3
Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 3
3/4 Baths: 1
Annual Rent: 6600
Finished SqFt: 460
Monthly Rent: 550
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 4
Location Tax and Other Information
House Number: 620
Street Name: 5th
Street Suffix: Avenue
Postal City: International Falls
County: Koochiching
State: MN
Zip Code: 56649
Complex/Dev/Subdivision: International Falls
Property Features
Accessible: Soaking Tub
Basement: Full
Construction Materials: Frame
Construction Status: Previously Owned
Exterior: Vinyl
Foundation: Poured Concrete
Fuel: Natural Gas
Heating: Boiler; Radiant
Owner Pays: See Remarks; Sewer; Trash Collection; Water
Rental License Type: Standard
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity; Gas; See Remarks
Water: City Water/Connected
Listing Office: eXp Realty
Last Updated: April - 21 - 2026
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