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405/407 4th Street International Falls, MN $ 169,500
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$ 169,500 Get more info
405/407 4th Street
$ 169,500
Back to search
Share Save

405/407 4th Street

International Falls, MN, 56649
$ 169,500
Bedrooms-- Baths--

Monthly Estimate*

$ 1,171

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Commercial Property for sale in International Falls, MN

for $169,500. This building was built in 1940 on a lot size of 0.11.

Turn-key Mixed-Use Investment Property – 11% Cap Rate – Fully Rented Don’t miss this prime investment opportunity featuring a commercial business space with two residential apartments above, all fully rented and producing strong, consistent income. The main floor office space has been rented by the same tenant for 20+ years, adding stability to the commercial portion, while the two second floor 2 bedroom apartments provide reliable residential cashflow. With an impressive 11% capitalization rate, this mixed-use property offers the perfect blend of turn-key asset with tenants in place and cash flow from day one. Add this high-performing property to your portfolio today!

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Commercial Active

Price

$ 169,500

Property Type

Commercial

Taxes

$ 3,460

Style

Lot Size

0.11

Year Built

1940

Town/City

International Falls

County/Region

Koochiching

MLS | Web ID

7065137
Features
General
Sewer City Sewer/Connected City Sewer - In Street
Heating Boiler
Utilities Electric Common Heating Common Hot Water Common
Appliances Range Refrigerator
Garage Spaces 0
Year Built 1940
Tenant Pays None
Levels Two
Tax Year 2026
Current Use Office Residential
Accessibility Doors 36 +
County Koochiching
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name International Falls
Directions From downtown Int'l Falls head South on 3rd Ave and turn right on 4th Street. Building will be one block down on south side of street.
City International Falls
High School District International Falls
Zoning Description Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 3460
Additional Parcels Y/N N
Standard Status Active
Lender Owned Yes
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Interior
Basement Other
Basement (Y/N) N
Fuel Natural Gas
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Exterior
Parking Features Off Site Parking Lot Open
Water Source City Water/Connected City Water - In Street
Inclusions Building Leases
Lot Size Area 0.11
Lot Dimensions 40x142
Waterfront Y/N N
Foundation Area 3040
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Internal Only
Street Number 1 405
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* Excluded Features
List By
Move It Real Estate Group/Lakehomes

Broker

lucas@moveitrealestate.com

Email

Affordability Calculator

$1,459
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,171
Monthly Property Taxes
$288
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
708524 Elementary School
709013 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/10/2026$169,500 -3.09% Price Down
6/16/2026$174,900 -2.78% Price Down
5/1/2026$179,900 Listed Price

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405/407 4th Street, International Falls, MN, 56649 is a Commercial Property for sale at $169,500 with a lot size of 0.11. 405/407 4th Street was built in 1940. The property's zip code is 56649 which is in International Falls, MN

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