601 & 603 Main Street Oklee, MN ^$ 287,500

601 & 603 Main Street

^$ 287,500

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601 & 603 Main Street

Oklee, MN, 56742

^$ 287,500

Bedrooms8 Baths8.0 Sq 2,928

Monthly Estimate*

^$ 1,986

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601 & 603 Main Street, Oklee, MN 56742 - Image 8

601 & 603 Main Street, Oklee, MN 56742 - Image 9

601 & 603 Main Street, Oklee, MN 56742 - Image 10

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601 & 603 Main Street, Oklee, MN 56742 - Image 12

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Commercial Property for sale in Oklee, MN

for $287,500 with 8 bedrooms and 8 full baths. This 2,928 square foot building was built in 1977 on a lot size of 0.688.

Great investment opportunity in this thriving small community! Two buildings, each housing 4 one-bedroom units. Siding, windows, and shingles were done in 2015. Other updates throughout the units as well. Call today to schedule your showing!

Commercial Pending

Price

^$ 287,500

Bedrooms

Full Bath

Property Type

Commercial

Taxes

^$ 4,178

Style

Lot Size

0.688

Year Built

1977

Town/City

Oklee

County/Region

Red Lake

MLS | Web ID

7120186

Features

General

Sewer City Sewer/Connected

Heating Baseboard Forced Air

Cooling Wall Unit(s)

Utilities Electric Common Heating Common Hot Water Common

Roof Asphalt

Appliances Range Refrigerator

Garage Spaces 0

Construction Materials Other Frame

Year Built 1977

Tenant Pays Cable TV Telephone

Topography Level

Levels One

Tax Year 2026

Current Use Residential

Gross Income 62400

Accessibility No Stairs Internal

County Red Lake

Insurance Expense 6106

New Construction N

Property Type Commercial Sale

Contingency None

MaintenanceExpense 3000

Subdivision Name Okl-Golf Course Add

Directions Go South on Main Street in Oklee to the property.

City Oklee

High School District Red Lake Central

Zoning Description Residential-Multi-Family

Number Of Units Total 8

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 4178

Electric Expense 7380

Trash Expense 936

Water Sewer Expense 3432

Additional Parcels Y/N N

Standard Status Pending

Lender Owned No

Interior

Basement None

Basement (Y/N) N

Total Bedrooms 8

Total Baths 8

Foundation Dimensions 48x54

Fuel Electric Propane

Garage Square Feet 0

Exterior

Fencing None

Parking Features Assigned Parking Lot Open

Water Source City Water/Connected

Inclusions Building Land

Lot Size Area 0.688

Building Area Total 2928

Lot Dimensions 200x150

Waterfront Y/N N

Foundation Area 2928

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 601

* Excluded Features

List By

Nordin Realty Inc.

Broker

kate@nordinrealtytrf.com

Affordability Calculator

$2,334

Per Month

Monthly Principal & Interest: $1,986
Monthly Property Taxes: $348
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Oklee, MN

Average List Price ^$287,500

Percent of Sale Price 0%

About Oklee, MN

373 Population

-2% Since 2002

^$41,204 Median Income

42.23 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3226813 Elementary School

3226821 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/2/2026	$287,500		Listed Price

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601 & 603 Main Street, Oklee, MN, 56742 is a Commercial Property for sale at $287,500 with 2,928 sqft and a lot size of 0.688. 601 & 603 Main Street has 8 bedrooms, 8.0 baths, and was built in 1977. The property's zip code is 56742 which is in Oklee, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/15/2026.

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601 & 603 Main Street

Commercial Property for sale in Oklee, MN

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