New - 3 Days Ago
$259,000
Active
--
Beds
--
Baths
--
Sqft
0.745
Acres
Lot 13 Bass Harbor Rd, Pelican Rapids, MN 56572
MLS#: NST7065801
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Overview
Location
Mortgage
Similar Homes
401 1st Ave SE Pelican Rapids, MN 56572
$298,500
ACTIVEBeds
6
Baths
3
Sqft
3,400
Acres
0.287
Year
1959
Days on Site
1 Day
Property Type
Residential Income
Sub Type
Triplex
Per Square Foot
$88
Date Listed
Aug 12, 2026
Description of 401 1st Ave SE, Pelican Rapids, MN 56572
Listing details for 401 1st Ave SE, Pelican Rapids, MN 56572 : Investment opportunity! Updated 3 unit Income property located just down from the pool in Pelican Rapids. A total of 3600 sq ft. of income. One 1200 sq.ft Unit downstairs(2 bed 1 bath), and two units upstairs, one being an efficiency, (1600sq. ft(3 bed 1 bath) & 600 sq. ft(1 bed 1 bath)). A near 10% cap rate makes this property a great addition to your investment portfolio.
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Listing Updated : 08-13-2026 at 11:24 AM CDT
Property Details
Property Overview
Listing Price
$298,500
MLS #ID
NST7124909
Price
$298,500
Bedrooms
6
Bathrooms
3
Square Footage
3,400
Acres
0.287
Year
1959
Days on Site
1 Day
Property Type
Residential Income
Property Sub Type
Triplex
Price per Sq Ft
$88
Date Listed
Aug 12, 2026
Location
Street Address
401 1st Ave SE
City
State
Minnesota
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
Kitty corner from the pool and across the road from the church off of Hwy 108
Schools
School District
Home Specification
Bedrooms
6
Total Square Feet
3,400
Above Grade Square Feet
2,200
Construction / Architecture
Year Built
1959
Foundation
Block
Roof
Architectural Shingle
New Construction
No
Price per Sq Ft
$88
Lot Features
Corner Lot
Lot Size (Acres)
0.287
Interior Details
Fireplace
No
Heating
Baseboard and Forced Air
Cooling
None
Exterior Details
Garage
No
Garage Spaces
2
Exterior Features
Cement Board
Fencing
None
Waterfront
No
Water Source
City Water/Connected
Sewer
City Sewer/Connected
Taxes, HOA & Financing
Annual Property Tax
$3,263.00
HOA Fee Includes
None
Association Amenities
Laundry and Patio
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Source
NorthstarMLS as distributed by MLS GRID, MLS#: NST7124909
For more information on this listing contact us at 612-712-1154
Property History
DateEventPrice
8/12/2026
Listed for sale
$298,500
$88/sqft
Source:NorthstarMLS #NST7124909
NorthstarMLS #NST7124909Interested in 401 1st Ave SE, Pelican Rapids, MN 56572?
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For more information on this listing contact us at 612-712-1154
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For more information on this listing contact us at 612-712-1154