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450 Murray Avenue
Pine River MN 56474 US

$334,900

Active Listing ID 7130852
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6 bed
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2,508 square feet
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4.00 Bath (4 Full)
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Lot: 1.40 Acres
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Other

$334,900

Active Listing ID 7130852
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450 Murray Avenue **INVESTOR OPPORTUNITY - INCOME-PRODUCING FOURPLEX IN PINE RIVER! ** This 4-unit property has 3 occupied units generating $3, 250/month in current gross rental income, or $39, 000 annualized, based on seller-provided rents. Current rents: Unit 1 - $1, 700/month; Unit 3 - $700/month; Unit 4 - $850/month. Unit 2 is currently vacant and not included in the income figures. Offered at $334, 900, the property provides immediate rental income, an established tenant base, and additional upside. Features include 6 bedrooms, 4 bathrooms, approx. 2, 508 finished sq. ft., a spacious in-town lot, 2-stall garage, new deck, new kitchen flooring, remote-controlled ceiling fans, and more than $15, 000 in recent updates. Conveniently located near downtown Pine River, Pine River-Backus Schools, the Paul Bunyan State Trail, and nearby Norway Lake with public recreational access. Rental figures are seller-provided; buyers and agents to verify rents, leases, expenses, licensing, unit configuration, and measurements.

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Property Features

  • Facts
  • Lot Size: 1.40 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Exterior Finish: Cement Board
  • Roof Type: Shingle
  • Heating Fuels: Baseboard, Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 334900
  • unparsedaddress: 450 Murray Avenue
  • postalcity: Pine River
  • stateorprovince: MN
  • country: US
  • postalcode: 56474
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.4
  • lotsizeunits: Acres
  • lotsizearea: 1.4
  • livingarea: 2508
  • livingareaunits: Square Feet
  • latitude: 46.725408
  • longitude: -94.405016
  • listagentfullname: Radames Cruz
  • listagentemail: radames@ev8group.com
  • listagentkey: 3yd-RMLSMN-521301
  • listagentmlsid: 521301
  • listagentpreferredphone: (612) 751-9303
  • listofficekey: 3yd-RMLSMN-6053
  • listofficemlsid: 6053
  • 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: 1972
  • listingcontractdate: 2026-08-21
  • countyorparish: Cass
  • parcelnumber: 942313204
  • highschooldistrict: Pine River-Backus
  • constructionmaterials: Block, Frame
  • heating: Baseboard, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway, Garage - Attached
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Cement Board
  • rooms: Bathroom 3, Bedroom 1, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Basement
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -94.405014, 46.725407
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP REALTY", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"radames@ev8group.com", "ListBrokerageCity":"White Bear Lake", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mn.broker@exprealty.net", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/8ae96181093811e9bd630242ac11000ak-c1297441307r.png", "ListBrokerageName":"EXP REALTY", "ListBrokeragePhone":"(612) 751-9303", "ListBrokeragePostalCode":"55110", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":"Suite 122", "ListBrokerageUnparsedAddress":"4525 White Bear Parkway", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"4525 White Bear Pkwy Ste 122", "ListOfficeAddress2":"Suite 122", "ListOfficeBrokerMlsId":"6053", "ListOfficeCity":"White Bear Lake", "ListOfficeCountry":"US", "ListOfficeEmail":"mn.broker@exprealty.net", "ListOfficePostalCode":"55110", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Pine River, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/450-Murray-Ave_Pine-River_MN_56474_M73837-86233?f=listhub&s=RMLSMN&m=7130852&c=rexren", "MLSModificationTimestamp":"2026-09-08 18:38:02", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4214, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/8/2026 6:39:22 PM GMT
Source Updated Date: 9/13/2026 12:45:22 AM GMT

Courtesy of: Radames Cruz, eXp Realty, radames@ev8group.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.