$169,500

405/407 4th Street, International Falls MN, 56649

Built in1940

Property typeCommercial

Courtesy of Move it Real Estate Group/Lakehomes, Lucas Debenedet Listing Contact:

Overview

Active

Listed May 1, 2026

Updated Aug 27

Turn-key Mixed-Use Investment Property – 11% Cap Rate – Fully Rented Don’t miss this prime investment opportunity featuring a commercial business space with two residential apartments above, all fully rented and producing strong, consistent income. The main floor office space has been rented by the same tenant for 20+ years, adding stability to the commercial portion, while the two second floor 2 bedroom apartments provide reliable residential cashflow. With an impressive 11% capitalization rate, this mixed-use property offers the perfect blend of turn-key asset with tenants in place and cash flow from day one. Add this high-performing property to your portfolio today!

Other Property Details

Taxes: $3,460
Tax Frequency: Annually

Listings courtesy of Northstar MLS as distributed by MLS GRID

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