$425,000
Stephen, MN 56757
MLS# 7048465
1 / 12
Property Description
Got Rent? Come have a look at this great opportunity in Stephen MN. The property has been renovated to a high level and offers a steady income producing asset! The building features 7 1-bedroom units as well as 1 2-bedroom unit, coin operated laundry and units are metered separately. If you are an investor looking to grow your empire you'll want to take a closer look at this one. Give us a call for additional information.
Details
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $425,000
Contingency: None
ListPrice: 425000
List Date: 2026-04-03
Office/Member Info
Association: NWMAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: No
Waterfront Present: No
Year Built: 1995
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Lot Dimensions: 220X330
Acres: 1.36
Foundation Size: 5000
Garage Stalls: 1
For Sale or Lease: For Sale
Location, Tax and Other Information
Legal Description: AUDITOR'S SUBD COMMENCING AT THE NE COR OF LOT 1 BLK 1, 1ST WEST ADDN TO THE CITY OF STEPHEN, THENCE NLY & ALONG THE EXTENSION OF THE E LINE OF SAID LOT 1, 71.46' TO THE POINT OF BEGIN- NING, THENCE S 78 DEGREES 23 MINUTES W A DIST OF 150'; THENCE N 11 DEGREES 37 MINUTES W A DIST OF 325.26'; THENCE N
Listing City: Stephen
Map Page: 999
Municipality: Stephen
School District: Stephen-Argyle Central Schools
School District Phone: 218-478-3315
Zip Plus 4: 100
Property ID Number: 560439003
Tax Year: 2025
Tax Amount: 2188
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Got Rent? Come have a look at this great opportunity in Stephen MN. The property has been renovated to a high level and offers a steady income producing asset! The building features 7 1-bedroom units as well as 1 2-bedroom unit, coin operated laundry and units are metered separately. If you are an investor looking to grow your empire you'll want to take a closer look at this one. Give us a call for additional information.
Directions: From Highway 75 turn west on 400th Street NW, go 3 blocks and turn south onto Pacific Ave. Go 2 blocks south on Pacific Ave and turn Right onto Manilla Street the property is 1 block on the rigth.
Accessible
None: 1
Air Conditioning
Wall Unit(s): 1
Assessments
Assessment Balance: 0
Tax With Assessments: 2188
Basement
Foundation Dimensions: 50X100
None: 1
Building Information
Building Finished SqFt: 5000
Building SqFt: 5000
Ceiling Height: 8-10
Construction Materials
Frame: 1
Construction Status
Previously Owned: 1
Exterior
Vinyl: 1
Foundation
Slab: 1
Fuel
Electric: 1
Heating
Baseboard: 1
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Tree Coverage - Light: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 16X20
Parking Lot: 1
Patio, Porch and Deck Features
Patio: 1
Road Frontage
City Street: 1
Road Responsibility
Public Maintained Road: 1
Roof
Age Over 8 Years: 1
Sale Options
Sale Includes: Building, Leases
Sewer
City Sewer/Connected: 1
Stories
One: 1
Unit 1
No. of 1 Bedroom Units: 7
Unit Details
Total Units: 8
Water
City Water/Connected: 1
No. of Refrigerators
One Per Unit: 1
Unit 2
No. of 2 Bedroom Units: 8
On Site Utilities
Electric Separate: 1
CMU Style
Apartments and Retail: 1
Current Use
Residential: 1
Location Tax and Other Information
House Number: 630
Street Name: Manila
Street Suffix: Street
Postal City: Stephen
County: Marshall
State: MN
Zip Code: 56757
Complex/Dev/Subdivision: Auditors Sub
Property Features
Accessible: None
Air Conditioning: Wall Unit(s)
Basement: None
CMU Style: Apartments and Retail
Construction Materials: Frame
Construction Status: Previously Owned
Current Use: Residential
Exterior: Vinyl
Foundation: Slab
Fuel: Electric
Heating: Baseboard; Forced Air
Lot Description: Tree Coverage - Light
On Site Utilities: Electric Separate
Parking Characteristics: Parking Lot
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years
Sewer: City Sewer/Connected
Stories: One
Water: City Water/Connected
Listing Office: Tru North Realty
Last Updated: April - 03 - 2026
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.