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7082979

MLS 7082979 Residential (Active)


$950,000

1311 Summit Avenue
Detroit Lakes MN 56501

     


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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.

Additional Details

Year Built: 1949
Living Area: 6892 sf
Bedrooms: 11
Bathrooms: 7
Acres: 0.43 Acres
Lot Dimensions: 150x125
Garage Spaces: 2
School District: 22
Subdivision: Iversons Add
County: Becker
Taxes: $8,584
Taxes with Assessments: $8,584
Tax Year: 2025

Additional Features

Basement: Partial, Partially Finished
Fuel: Electric, Natural Gas
Fencing: Partial, Vinyl
Sewer: City Sewer/Connected
Water: City Water/Connected
Roof: Asphalt
Electric: 200+ Amp Service

Listing Status

Active
2026-05-29 14:40:25 Date Listed
2026-05-30 10:54:09 Last Update
2026-05-04 11:06:08 Last Photo Update
39 miles from our office

Contact Us About This Listing

info@affinityrealestate.com
75:1

Listed By : The Real Estate Company of Detroit Lakes

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