106 Aspen Avenue SW, Cass Lake, MN 56633 (MLS# 7066179)


$249,800
106 Aspen Avenue SW
Cass Lake, MN 56633
MLS# 7066179
8 beds  |  4 baths  |  4481 sqft


106 Aspen Avenue SW, Cass Lake, MN 56633
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106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633 106 Aspen Avenue SW, Cass Lake, MN 56633

Property Description
Investor opportunity in Cass Lake. This 5-unit apartment building offers strong cash flow, consistent rental demand, and an easy-to-manage one-level layout. The property includes four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, giving a great mix of rental options for the local market. Located in the heart of Cass Lake, this property has proven to be easy to rent, with vacant units filling quickly when they become available. Investors will appreciate the steady income potential, practical floor plan, and the convenience of all units being on one level for simplified maintenance and tenant access. Whether you are looking to add to your portfolio or step into multi-family investing, this is a solid opportunity with strong rental appeal.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 249800
Original List Price: 259900
ListPrice: 249800
List Date: 2026-05-02
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1950
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 8
Baths Total: 4
Main Floor Total SqFt: 4482
Above Ground SqFt: 4481
Total SqFt: 4481
Foundation Size: 4482
Style: (MF) Other
Total Finished Sqft: 4482.00
Lot Dimensions: 100x125
Acres: 0.02
Assessment Pending: No
Location Tax and Other Information
House Number: 106
Street Name: Aspen
Street Suffix: Avenue
Street Direction Suffix: SW
Postal City: Cass Lake
County: Cass
State: MN
Zip Code: 56633
Complex/Dev/Subdivision: West Cass Lake
Assessments
Tax With Assessments: 5426
Basement
Foundation Dimensions: 42x106
Building Information
Finished SqFt Above Ground: 4482
Income and Expenses
Annual Electric Expense: 900
Annual Gross Expenses: 12648
Annual Gross Income: 46800
Annual Insurance Expense: 6000
Annual Repair Expense: 346
Total Annual Expenses: 12648
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 31
Section#: 16
Township#: 145
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
3/4 Baths: 1
Annual Rent: 1140
Finished SqFt: 650
Monthly Rent: 950
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 4
Unit 2
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 2
3/4 Baths: 1
Annual Rent: 9000
Finished SqFt: 550
Monthly Rent: 750
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit 3
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 3
3/4 Baths: 1
Annual Rent: 9600
Finished SqFt: 800
Monthly Rent: 800
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit 4
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 4
3/4 Baths: 1
Annual Rent: 9000
Finished SqFt: 750
Monthly Rent: 750
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Details
Total Units: 4
Property Features
Accessible: Other
Basement: None
Construction Status: Previously Owned
Exterior: Steel Siding
Foundation: Slab
Fuel: Electric; Natural Gas
Heating: Forced Air
Lock Box Type: None
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Stories: One
Unit 1 Bath Description: Main Floor 3/4 Bath
Unit 2 Bath Description: Main Floor 3/4 Bath
Unit 4 Bath Description: Main Floor 3/4 Bath
Water: City Water/Connected

Listing Office: Real Broker, LLC

Last Updated: May - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Wednesday 27th of May 2026 06:15 PM

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