1311 Summit Avenue, Detroit Lakes, MN 56501
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
1311 Summit Avenue,Detroit Lakes, MN 56501
$950,000
- 11 Beds
- 7 Baths
- 7,284 sq. ft.
- Multi-family
- Active
Listed by: christopher howard nord
Office: the real estate company of detroit lakes
MLS#:7082979
Source:ND_FMAAR
Price summary
- Price:$950,000
- Price per sq. ft.:$130.42
About this home
This one-of-a-kind 4-plex is perfectly situated within the 1st block of the Detroit Lake City Beach and The Heartland State Trail, directly across the street from People’s Park and just up the street from Zorbaz, not to mention Kent Freeman Arena, The Becker County Fairgrounds, MN Flyers Gymnastics, and more — offering unbeatable convenience and appeal for tenants. Extensive renovations have been completed on multiple units in recent years, featuring modern appliances, updated flooring, kitchen remodels, bathroom updates, new lighting, and thoughtful insulation improvements. The property continues to benefit from strong rental performance and has established itself as a reliable source of income. The 5-bed/3-bath unit is fully furnished and turnkey for immediate occupancy. The 2-bed unit will be vacant and available at the end of the month. Whether you’re an investor looking for steady cash flow or someone seeking to live in a unique multi-family property with strong upside and increasing value in a high-demand area for future development, this is truly a standout opportunity....
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Home facts
- Year built:1949
- Subdivision & Development:Iversons Add
- Listing ID #:7082979
- Added:118 day(s) ago
- Updated:September 25, 2026 at 04:10 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:7
- Living area:7,284 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air
Structure and exterior
- Year built:1949
- Building area:7,284 sq. ft.
- Lot area:0.43 Acres
Utilities
- Water:City Water/Connected
- Sewer:City Sewer/Connected
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$130.42
- Tax amount:$8,584
Parking
- Garage spaces:2
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