$ 334,900
-
$334,900
Price -
6
Bed -
4
Bath -
2,508
SqFt -
1.4
Acre
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About the Listing 49164 - 500503362,500502032
**INVESTOR OPPORTUNITY – INCOME-PRODUCING FOURPLEX IN PINE RIVER! ** This 4-unit property has 3 occupied units generating $3,250/month in current gross rental income, or $39,000 annualized, based on seller-provided rents. Current rents: Unit 1 – $1,700/month; Unit 3 – $700/month; Unit 4 – $850/month. Unit 2 is currently vacant and not included in the income figures. Offered at $334,900, the property provides immediate rental income, an established tenant base, and additional upside. Features include 6 bedrooms, 4 bathrooms, approx. 2,508 finished sq. ft., a spacious in-town lot, 2-stall garage, new deck, new kitchen flooring, remote-controlled ceiling fans, and more than $15,000 in recent updates. Conveniently located near downtown Pine River, Pine River-Backus Schools, the Paul Bunyan State Trail, and nearby Norway Lake with public recreational access. Rental figures are seller-provided; buyers and agents to verify rents, leases, expenses, licensing, unit configuration, and measurements.
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Forced Air,Electric,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1584
- Below Ground Sq Ft: 924
- Basement: Block,Egress Window(s),Finished
- Other:
- Water: City Water/Connected
Exterior Details
- Lot Description: Irregular Lot,Tree Coverage - Light
- Garage Capacity: 2 car
- Lot Dimensions: irrx326x200x270
- Zoning: Residential-Multi-Family
- Roof: Asphalt
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Attached Garage,Asphalt
Financial Details
- Tax Amount: $4,214
- Taxes w/Assessments: N/A
- Tax/Property ID: 942313204
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
450 Murray Ave Pine River, MN 56474
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