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110 3rd Avenue N Biwabik, MN $ 160,000
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$ 160,000 Get more info
110 3rd Avenue N
$ 160,000
Back to search
Share Save

110 3rd Avenue N

Biwabik, MN, 55708
$ 160,000
Bedrooms5 Baths4.0 Sq 2,200

Monthly Estimate*

$ 1,105

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Multi-Family Home for sale in Biwabik, MN

for $160,000 with 5 bedrooms and 4 full baths. This 2,200 square foot home was built in 1920 on a lot size of 0.143.

Whether you want to increase your portfolio or have a live-in house hack. This property is perfect for your next cash-flowing investment. Currently used as a long-term rental but can be used as a short-term rental, this four-unit property has a mix of 2 two-bedrooms (both leased currently $1000 and $900/month), a one-bedroom ($835/month vacant), and one efficiency apartments ($750/month vacant). Current tenants are on month-to-month or soon-to-be-expiring leases. Three new water heaters in the last three years. The furnace has also been updated to natural gas. The electrical service has been updated to all breakers and potential laundry room wiring has been run already. Metal roof and blown-in insulation in the attic make this fairly easy to heat. All the utilities and heat are included in the tenants' rent.

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Multi-Family Active

Price

$ 160,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,148

Style

Fourplex

Lot Size

0.143

Year Built

1920

Town/City

Biwabik

County/Region

Saint Louis

MLS | Web ID

7143364
Features
General
Living Area 2200
Sewer City Sewer/Connected
Heating Forced Air Space Heater
Roof Metal
Garage Spaces 0
Construction Materials Post and Beam
Year Built 1920
Electric 100 Amp Service
Tenant Pays Snow Removal
Levels Two
Property Subtype Fourplex
Tax Year 2026
Gross Income 39548
Accessibility None
County St. Louis
Net Operating Income 22592
Operating Expense 16956
Insurance Expense 1350
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 2048
Subdivision Name Biwabik
Directions From highway 135 turn north on 3rd Ave - do not park in front of the fire department or directly in front of the building. The spaces are reserved for emergency parking for the fire department.
City Biwabik
High School District Mesabi East
Zoning Description Residential-Multi-Family
Number Of Units Total 4
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 3148
Electric Expense 7610
Fuel Expense 1585
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Full
Basement (Y/N) Y
Above Grade Finished Area 2200
Total Bedrooms 5
Below Grade Finished Area 0
Total Baths 4
Foundation Dimensions 22x50
Fuel Electric Natural Gas
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Exterior
Water Source City Water/Connected
Lot Size Area 0.143
Building Area Total 3300
Lot Dimensions 50x125
Waterfront Y/N N
Foundation Area 1100
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 110
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* Excluded Features
List By
Grand Properties Real Estate

Broker

joetome@gmail.com

Email

Affordability Calculator

$1,367
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,105
Monthly Property Taxes
$262
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
708560 Elementary School
708516 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/12/2026$160,000 Listed Price

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110 3rd Avenue N, Biwabik, MN, 55708 is a Multi-Family Home for sale at $160,000 with 2,200 sqft and a lot size of 0.143. 110 3rd Avenue N has 5 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 55708 which is in Biwabik, MN

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