1021 Lake Avenue

Detroit Lakes, MN 56501

$299,900
Price
Beds
1,768 Sq. Ft.
$170 / Sq. Ft.
1,768
Sq. Ft.
$170
per Sq. Ft.

Description

Great investment opportunity located conveniently in the heart of Detroit Lakes just blocks away from public beach access along W Lake Dr.Great investment opportunity located conveniently in the heart of Detroit Lakes just blocks away from public beach access along W Lake Dr.
  1. Listed by eXp Realty

Property Details for 1021 Lake Avenue

Subdivision Name
Frazee & Holmes Add
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 10/01/2024 09:33 AM

Property Details for 1021 Lake Avenue

StatusActive
MLS #6529540
Days on Compass185
Taxes$1,928 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1900
Lot Size0.30 AC / 13,068 SF
CountyBecker County

Building Information for 1021 Lake Avenue

Stories-Residences4Year Built1900Building Size-Lot Size0.30 AC / 13,068 SF

Property Information for 1021 Lake Avenue

Summary
Location and General Information
  • City Name: Detroit Lakes
  • County Or Parish: Becker
  • County: Becker-MN
  • Directions: Hwy 10 NW, left onto Roosevelt, left onto Frazee St E, left onto Lake Ave.
  • Latitude: 46.815088
  • Longitude: -95.84649
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Detroit Lakes
  • City and Location Text: Detroit Lakes(MN)
  • Postal Code: 56501
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 491029000
  • Tax Annual Amount: $1,928.00
  • Tax Legal Description: FRAZEE & HOLMES ADD BLOCK 008 LOTS 19, 20 & 21 & S 87' OF LOT 22
  • Tax Other Annual Assessment Amount: $116.00
  • Tax Year: 2024
  • Tax With Assessments: 2044.0000
School Information
  • High School District: 22 - Detroit Lakes
  • School District Number: 22
  • School District Phone: 218-847-9271
Property
Lot Information
  • Above Grade Fin SQFT: 1768.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1768.0
  • Lot Features: Tree Coverage - Light
  • Lot Size Area: 0.3
  • Lot Size Dimensions: 87x149
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 1768.0000
  • Above Grade SqFt Total: 2804.0000
  • Below Grade SqFt Total: 0.0000
Property and Assessments
  • Age Of Property: 124
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1768.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Paved Streets
  • Roof: Age Over 8 Years, Asphalt
Interior Features
  • Basement Type: Egress Window(s), Partial, Concrete, Stone/Rock
  • DP Resource: Y
  • Garage Square Feet: 0
  • Heating: Forced Air
  • Levels: One and One Half
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 3454.00
  • Unit Rooms Total: 7
  • Unit SqFt: 818
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 10200
  • Unit Furnished: No
Unit 2
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 3454.00
  • Unit Rooms Total: 5
  • Unit SqFt: 818
  • Unit Type Actual Rent: $875.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 10500
  • Unit Furnished: No
Unit 3
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 1
  • Unit Monthly Expenses: 3454.00
  • Unit Rooms Total: 1
  • Unit SqFt: 350
  • Unit Type Actual Rent: $600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Units Total: 1
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 7200
  • Unit Furnished: No
Unit 4
  • Unit Appl: Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 3454.00
  • Unit Rooms Total: 5
  • Unit SqFt: 818
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 10200
  • Unit Furnished: No

Property History for 1021 Lake Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1021 Lake Avenue

Taxable ValueLand$39,800Additions$126,700Total$166,500
Tax Record2024$2,044 ($170 / month)
Home Facts
Beds4Total Finished SqFt2,509 SqFtAbove Grade Finished SqFt2,509 SqFtStories2Lot Size13,050 SqFtStyleSingle Family ResidenceYear Built1900CountyBECKERAPN491029000

Schools near 1021 Lake Avenue

This home is within Detroit Lakes Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Rossman Elementary School
PublicPK to 5

Detroit Lakes Middle School
Public6 to 8

Detroit Lakes Senior High School
Public9 to 12

Detroit Lakes Alternative Prog.
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1021 Lake Avenue is a multi-family home for sale in Detroit Lakes, MN 56501. This property was listed for sale on May 6, 2024 by eXp Realty, it's currently listed at $299,900. This listing's school district is Detroit Lakes Public School Dist.. Nearby schools include Rossman Elementary School, Detroit Lakes Middle School and Detroit Lakes Senior High School. 1021 Lake Avenue is a 0-bed, 0-bath, 1,768 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/01/2024 09:33 AM