$ 950,000
-
$950,000
Price -
11
Bed -
7
Bath -
6,892
SqFt -
0.43
Acre
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About the Listing 49819 - 498000463
This one-of-a-kind 4-plex is perfectly situated within the 1st block of the Detroit Lake City Beach and The Heartland State Trail, directly across the street from People’s Park and just up the street from Zorbaz, not to mention Kent Freeman Arena, The Becker County Fairgrounds, MN Flyers Gymnastics, and more — offering unbeatable convenience and appeal for tenants. Extensive renovations have been completed on multiple units in recent years, featuring modern appliances, updated flooring, kitchen remodels, bathroom updates, new lighting, and thoughtful insulation improvements. The property continues to benefit from strong rental performance and has established itself as a reliable source of income. The 5-bed/3-bath unit is fully furnished and turnkey for immediate occupancy. The 2-bed unit will be vacant and available at the end of the month. Whether you’re an investor looking for steady cash flow or someone seeking to live in a unique multi-family property with strong upside and increasing value in a high-demand area for future development, this is truly a standout opportunity.
Listing Highlights
Interior Details
- Bedrooms: 11
- Bathrooms: 7 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Forced Air,Fireplace(s),Electric,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 5892
- Below Ground Sq Ft: 1000
- Basement: Partial,Partially Finished
- Other:
- Water: City Water/Connected
Exterior Details
- Lot Description: Tree Coverage - Medium,Partial,Vinyl
- Garage Capacity: 2 car
- Lot Dimensions: 150x125
- Zoning: Residential-Multi-Family
- Roof: Asphalt
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Detached Garage,Concrete
Financial Details
- Tax Amount: $8,584
- Taxes w/Assessments: N/A
- Tax/Property ID: 491535000
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1311 Summit Ave Detroit Lakes, MN 56501
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