516 7th AVE, International Falls, MN 56649
516 7th AVE, International Falls, MN 56649
516 7th AVE, International Falls, MN 56649
516 7th AVE, International Falls, MN 56649
516 7th AVE, International Falls, MN 56649
516 7th AVE, International Falls, MN 56649
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Nazar Orishchin

Nazar Orishchin

+1(952) 846-9173
$ 200,000
Est. payment | /mo

11 Beds

6 Baths

10,018 Sqft Lot

Save
$ 200,000
Est. payment | /mo
Save

11 Beds

6 Baths

10,018 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision International Falls

MLS Listing ID 7132973

Bedrooms 11

Year Built 1910

Annual Tax Amount $1,576

Tax Year 2026

Contingent None

Lot Size 10,018 Sqft

Lot Dimensions 75x140

Property Description

Strong income-producing opportunity featuring a 4-unit multifamily building plus a separate 3-bedroom, 1.5-bath single-family home—all being sold together. With 4 of the 5 total units currently rented and vacant unit #1 undergoing renovations, this property offers immediate cash flow with additional upside upon completion. Originally a church with a pastor's residence, the main building was converted into four rental units while still showcasing unique architectural character. The unfinished third level with vaulted ceilings provides excellent potential for additional unit(s), expanded living space, or increased rental income. The accompanying single-family home adds flexibility for owner-occupancy, additional rental revenue, or on-site management. Ideal for investors or house hackers looking to expand their portfolio with a versatile multi-unit property offering multiple income streams, value-add potential, and long-term growth. Owner is a licensed real estate agent in the state of Minnesota.

Location

State MN

County Koochiching

Zoning Residential-Multi-Family

Rooms

Basement Block

Interior

Heating Boiler, Forced Air

Inclusions Building, Land, Leases

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Attached Garage

Garage Spaces 3.0

Pool None

Utilities Available Electric Separate

Roof Type Asphalt,Metal,Other,Pitched

Present Use Residential

Building

Story Two

Foundation 2368

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District International Falls

Listed by Jennifer Giovinazzo • eXp Realty

NEARBY SCHOOL & BUSINESS

Nazar Orishchin

+1(952) 846-9173

nazar@ts-re.com

1609 Hennepin Ave, Minneapolis, MN 55403

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Nazar Orishchin, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

516 7th AVE