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405/407 4th Street
International Falls MN 56649 US

$174,900

Active Listing ID 7065137
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Lot: 0.11 Acres
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Other

$174,900

Active Listing ID 7065137
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405/407 4th Street 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!

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Block
  • Heating Fuels: Oil

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 174900
  • unparsedaddress: 405/407 4th Street
  • postalcity: International Falls
  • stateorprovince: MN
  • country: US
  • postalcode: 56649
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.11
  • lotsizeunits: Acres
  • lotsizearea: 0.11
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 48.601347
  • longitude: -93.405725
  • listagentfullname: Lucas Debenedet
  • listagentemail: lucas@moveitrealestate.com
  • listagentkey: 3yd-RMLSMN-520443
  • listagentmlsid: 520443
  • listagentpreferredphone: (218) 327-9889
  • listofficekey: 3yd-RMLSMN-15400
  • listofficemlsid: 15400
  • disclaimer: Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1940
  • listingcontractdate: 2026-05-01
  • listagenturl: https://www.moveitrealestate.com/
  • countyorparish: Koochiching
  • parcelnumber: 9200619090
  • highschooldistrict: International Falls
  • appliances: Range, Refrigerator
  • heating: Oil
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Offsite, Covered, Parking Lot
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Block
  • rooms: Basement
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -93.40572, 48.60135
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Move It Real Estate Group by Lakehomes.com", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lucas@moveitrealestate.com", "ListBrokerageCity":"Grand Rapids", "ListBrokerageCountry":"US", "ListBrokerageEmail":"broker@lakehomes.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/c5ababc320d854050120d91ee6450097/20180829180054277.png", "ListBrokerageName":"Move It Real Estate Group by Lakehomes.com", "ListBrokeragePhone":"(218) 327-9889", "ListBrokeragePostalCode":"55744", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"225 NW 1st Ave", "ListBrokerageWebsiteUrl":"https://www.moveitrealestate.com/", "ListOfficeAddress1":"225 1st Ave. NW ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"15400", "ListOfficeCity":"Grand Rapids", "ListOfficeCountry":"US", "ListOfficeEmail":"broker@lakehomes.com", "ListOfficePostalCode":"55744", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - International Falls, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/407-4th-St_Intl-Falls_MN_56649_M92487-33387?f=listhub&s=RMLSMN&m=7065137&c=rexren", "MLSModificationTimestamp":"2026-06-16 14:58:15", "Neighborhoods":[{"Description":null, "Name":"International Falls"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3460, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/24/2026 6:20:28 PM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: Lucas Debenedet, Move it Real Estate Group/Lake, lucas@moveitrealestate.com

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.