423 1ST Street NW Cass Lake, MN $ 95,000
423 1ST Street NW
$ 95,000
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423 1ST Street NW

Cass Lake, MN, 56633
$ 95,000
Bedrooms5 Baths3.0 Sq 3,024

Monthly Estimate*

$ 656

423 1ST Street NW, Cass Lake, MN 56633 - Image 1
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Multi-Family Home for sale in Cass Lake, MN

for $95,000 with 5 bedrooms and 3 full baths. This 3,024 square foot home was built in 1940 on a lot size of 0.22.

This triplex offers immediate cash flow with proven rental history. Currently generating $1,975 per month in gross rent, this property exceeds the 1% rule and is an excellent addition to any portfolio.

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Multi-Family Pending

Price

$ 95,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,264

Style

Triplex

Lot Size

0.22

Year Built

1940

Town/City

Cass Lake

County/Region

Cass

MLS | Web ID

6786479

Features
General
Living Area 3024
Sewer City Sewer/Connected
Heating Baseboard
Garage Spaces 0
Year Built 1940
Tenant Pays Electricity Fuel
Levels More Than 2 Stories
Property Subtype Triplex
Tax Year 2025
Gross Income 24300
Accessibility None
County Cass
Operating Expense 3200
Insurance Expense 1200
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 1000
Directions South on HWY 371 from US HWY 2. Take a left onto 1st St NW and the triplex will be on your left.
City Cass Lake
High School District Cass Lake-Bena Schools
Zoning Description Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 1264
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 250
Additional Parcels Y/N N
Standard Status Pending
Lender Owned No
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Interior
Basement Owner Access
Basement (Y/N) N
Above Grade Finished Area 3024
Total Bedrooms 5
Below Grade Finished Area 0
Total Baths 3
Foundation Dimensions 24x42
Fuel Electric
Garage Dimensions 0
Garage Door Width 0
Garage Square Feet 0
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Exterior
Parking Features On-Street Parking Only Parking Lot
Water Source City Water/Connected
Lot Size Area 0.22
Building Area Total 3024
Lot Dimensions 75.6x129.75.6x129
Waterfront Y/N N
Foundation Area 1008
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Internal Only
Street Number 1 423
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* Excluded Features
List By
Real Broker, Llc

Broker

Mvickaryous@outlook.com

Email

Affordability Calculator

$761
Per Month
86%
14%
0%
Monthly Principal & Interest
$656
Monthly Property Taxes
$105
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3048667 Elementary School
3048675 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/7/2026$95,000 -5.00% Price Down
4/21/2026$100,000 -13.04% Price Down
1/7/2026$115,000 -4.17% Price Down
11/12/2025$120,000 -4.00% Price Down
10/29/2025$125,000 -3.85% Price Down
10/2/2025$130,000 -3.70% Price Down
9/22/2025$135,000 -6.90% Price Down
9/15/2025$145,000 Listed Price

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423 1ST Street NW, Cass Lake, MN, 56633 is a Multi-Family Home for sale at $95,000 with 3,024 sqft and a lot size of 0.22. 423 1ST Street NW has 5 bedrooms, 3.0 baths, and was built in 1940. The property's zip code is 56633 which is in Cass Lake, MN