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  • $349,900

    450 Murray Ave, Pine River, MN 56474

    6beds
    4baths
    2,508sqft
    : 
    Quadruplex
    Built in 1972
    -- sqft lot
    $347,500 Zestimate®
    $140/sqft
    $-- HOA

    What's special

    Instant cash producer. Multiple options for this fantastic property. For both investors seeking high cash flow or a multigenerational family wanting to live close but with independent space for each member. Think of the convenience of an estate that pays for itself. Doing as the current owner does, living comfortably in the four-bedroom, two-bathroom home while tenants pay the mortgage. Or renting out the whole four units to maximize profits. Seller currently uses two of the four units personally. High rental demand in the area ensures consistent occupancy. Great location close to the school, restaurants, and more. Schedule your showing today!
    21 days
    on Zillow
    |
    973
    |
    49
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 16, 2025 at 09:32am

    Listed by:

    Chad Schwendeman 218-831-4663,

    eXp Realty,

    Chris Hanson 320-905-3700

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6697392MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 450 Murray Ave.

    Next available tour time:Tomorrow at 3pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Baseboard, Forced Air
    Features
    • Basement: Finished
    Interior area
    • Total structure area: 2,508
    • Total interior livable area: 2,508 sqft
    • Finished area above ground: 1,584
    • Finished area below ground: 924

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Asphalt
    • Attached garage spaces: 2
    • Details: Garage Dimensions (24x22)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Deck
    • Fencing: None
    Lot
    • Size: 1.4 Acres
    • Dimensions: irr x 326 x 200 x 270
    • Features: Irregular Lot
    Details
    • Foundation area: 924
    • Parcel number: 942313204
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Fiber Cement, Block, Frame
    • Roof: Asphalt
    Condition
    • Age of Property: 53
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Electric: 100 Amp Service
    • Gas: Electric, Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Location
    • Region: Pine River

    Financial & listing details

    • Price per square foot: $140/sqft
    • Tax assessed value: $290,800
    • Annual tax amount: $4,214
    • Date on market: 4/4/2025
    • Tenant pays: Electricity
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