For Sale: Bemidji MLS# 7070991
Active
$329,900
Commercial: 2 Stories
Built 1910
0.12 acres
Bemidji schools
MLS# 7070991
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Discover a rare opportunity to own a charming vintage 5-plex in one of Bemidji’s quiet residential neighborhoods—just a short walk to Bemidji State University and minutes from Downtown, shopping, parks, and the lake. This well-loved property blends classic character with solid rental performance, making it an ideal addition to any investment portfolio.
The building features four 1-bedroom units and one efficiency, each with its own unique charm. Most units offer high ceilings, hardwood floors, and the warm character only a vintage property can provide. Every unit includes a stove and refrigerator, and the property is currently licensed for 5 units.
Operating costs are simplified with the landlord covering heat, water, sewer, garbage, and common-area electric, while tenants pay for their own electricity. The roof has been completely replaced, offering peace of mind for years to come.
Located on a quiet residential street, this property attracts long-term tenants who appreciate the walkability, convenience, and neighborhood feel. A solid, dependable investment with timeless appeal.
Properties like this are rarely available. Two units are pictured. Each unit is a little different. 30+ hour notice to show.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$329,900
Property Type:
Commercial
City:
Bemidji
Garage Spaces:
0
County:
Beltrami
Year Built:
1910
State:
MN
Property Style:
2 Stories
Zip Code:
56601
Subdivision Name:
First Add
Interior
Ceiling Height:
8-10
Flooring:
See Remarks, Wood
Appliances Included:
- Range
- Refrigerator
Basement Details:
- Partial
- Partially Finished
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
None
Foundation Size:
1,360 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Gravel
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.12
Geolocation:
47.477521, -94.881655
Inclusions:
Other
Lot Dimensions:
37 x 140
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
- Corner Lot
- Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
31
District Phone:
2183333100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$250
Annual Fuel Expense:
$3,600
Annual Insurance Expense:
$2,000
Annual Trash Expense:
$600
Annual Water/Sewer Expense:
$1,800
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,176
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,176
Income
Annual Gross Income:
$42,600
Units
Total Units:
5
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
Power Company Name:
Minnesota Energy Resources
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Headwaters Realty Services LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.