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Listing Details
- $1,150,000
- MLS# 7146450
- Type Commercial - Business
- Status Active
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 218-395-9239
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
Exceptional investment opportunity in Walker, Minnesota, overlooking the shores of Leech Lake. This fully remodeled 14-unit apartment property offers strong income potential with a cap rate over 7% in one of northern Minnesota's most popular year-round destinations.The property features one spacious 3-bedroom, 1-bath unit, ten 1-bedroom, 1-bath units, and three efficiency units. All 14 units have been recently renovated with updated interiors and modern finishes, creating a turnkey opportunity with limited immediate capital improvements needed.Three units are currently operated as Airbnb rentals, providing a blend of long-term and short-term...read more
Features
- Cooling: Wall Unit(s)
- Heating: Baseboard
- Stories: 1.0
- Taxes: $8,596
- Water: City Water/Connected
- Year Built: 1950
Gallery
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 218-395-9239
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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By searching Listing Data you agree to this End User License Agreement
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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