110 Main Avenue S Red Lake Falls, MN 56750 MLS# 26-555
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Property Description Amazing opportunity to purchase a 16 Plex at a very steep discount to replacement cost with three large employers only 18 miles away: Digi-Key, Sanford Health, and Arctic Cat. Current owner has been very absent, so an active owner-operator has a huge opportunity to maximize revenue and minimize tenant property damage. There is a solid on-site caretaker available, if desired. Owner/Broker
Details
Maps
Documents
General, Tax & Legal
Building Size (SF): 14700
Taxes: 11648
Spec Inst: 0
Spec Unpd: 0
Drain: 0
Contract Information
Property Name: Clearwater Apartments
Auction YN: No
Owner/Agent: Yes
Current Price: $1,099,100
Begin Date: 2026-08-28
Price: 1099100
Type
Investment Property: 1
Multi-Family: 1
Roof
Conventional Shingle: 1
Foundation
Poured: 1
Safety Features
Fire Sprinkler: 1
Sec. System Wired: 1
Multi-Family Info
# Rental Units: 16
Heat System
Baseboard: 1
Hot Water-Steam: 1
Air Conditioning
Window: 1
1 Bedroom Info
# of 1 Bedrooms: 4
2 Bedroom Info
# of 2 Bedrooms: 8
3 Bedroom Info
# of 3 Bedrooms: 4
Location
Address #: 110
Street Name: Main
Street Suffix: Avenue
Street Direction Sfx: S
County: Red Lake
State/Province: MN
Postal Code: 56750
General Tax Legal
Parcel No.: 17-2872-010, 17-2871-010
Year Built: 1996
Lot Size (SF): 31225
Lot Acres: 0.72
Status Change Info
Status: Active
Property Features
Type: Investment Property; Multi-Family
Roof: Conventional Shingle
Foundation: Poured
Safety Features: Fire Sprinkler; Sec. System Wired
Offering Circular 
