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Active
  • Price cut: $10K (4/23)
    $479,900

    577 7th Ave, Newport, MN 55055

    6beds
    4baths
    3,232sqft
    : 
    Quadruplex
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $148/sqft
    $-- HOA

    What's special

    Three-car garageLarge lotPrivate outdoor spaceOwn deck or patioTwo drivewaysAmple parking
    Prime investment opportunity! This well-maintained fourplex features two, two-bedroom units and two, one-bedroom units, all currently occupied, making it a ready-to-go income-generating property. Each unit offers its own deck or patio, providing tenants with private outdoor space. The large lot includes two driveways and a three-car garage, offering ample parking and convenience. Additional income potential with coin-operated laundry on-site. Situated in a desirable location with easy access to highways, shopping, and amenities, this property is an excellent addition to any portfolio.
    27 days
    on Zillow
    |
    768
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 08:57am

    Listed by:

    Geoffrey S Serdar 952-258-3100,

    Lakes Sotheby's International Realty,

    Sabrina T Bownik 952-270-3377

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6693610MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 577 7th Ave.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Hot Water
    Appliances
    • Laundry: Coin-op Laundry Owned
    Features
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 3,232
    • Total interior livable area: 3,232 sqft
    • Finished area above ground: 2,146
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, Asphalt, Garage Door Opener
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (36x22), Garage Door Height (7), Garage Door Width (8)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Deck, Porch
    • Fencing: None
    Lot
    • Size: 0.34 Acres
    • Dimensions: 100 x 150
    • Features: Near Public Transit, Corner Lot, Many Trees
    Details
    • Foundation area: 1086
    • Parcel number: 0102722220071
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Stucco, Wood Siding
    • Roof: Asphalt,Pitched
    Condition
    • Age of Property: 125
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Newport Town
    HOA
    • Amenities included: Coin-op Laundry Owned
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $148/sqft
    • Annual tax amount: $5,510
    • Date on market: 3/31/2025
    • Tenant pays: All Utilities
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