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$850,000
607 Second Street S
Walker, MN 56484
MLS# 7077533
14 beds | 13 baths | 9752 sqft
Property DescriptionIncredible chance to own a 3 Unit Rental Property, with over 9700 sq ft, located in the heart of Walker Minnesota, walking distance to public access of Leech Lake, schools, library, restaurants, shopping, coffee shops, the Paul Bunyan Trail, grocery stores and so much more. This unique property has a total of 14 bedrooms, 13 bathrooms, and 4 car garage. There are 2 decks, 2 patios, and a lawn shed. The Main Floor Unit consists of 10 bedrooms, 11 bathrooms, full kitchen, full laundry, pantry, office, 2 car garage used as a game room. Lower Level Unit A consists of 2 bedrooms, 1 bathroom, full laundry room, kitchen. Lower Level Unit B has 2 bedrooms, 1 bathroom, laundry in large utility room and completes with another 2 car garage. This property is being sold FULLY FURNISHED with appliances, beds, nightstands, tvs, end tables, accent chairs, dining room table, chairs, couches, bedroom linens, and bathroom towels. Every bedroom has its own temperature controlled heat. Lawn has a sprinkler system. Property is designed to access every unit through a set of internal stairs with secure entry or you can use the separate driveways. This is truly a TURN KEY business. A must see! Dreams of owning your own AIR BNB. VRBO, RENTAL UNITS, EVENT CENTER, ASSISTED LIVING, WELLNESS/TREATMENT CENTERSâ¦â¦ the possibilities are endless with this property.
Status: Active
Contingency: None
Current Price: 850000
Original List Price: 850000
ListPrice: 850000
List Date: 2026-05-21
Owner is an Agent?: No
Auction?: No
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 2005
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 14
Baths Total: 13
Main Floor Total SqFt: 4876
Above Ground SqFt: 4876
Below Grd Total SqFt: 4876
Total SqFt: 9752
Foundation Size: 4876
Style: (MF) Apartment
Total Finished Sqft: 9752.00
Lake/Waterfront Name: Unnamed Lake
Garage Stalls: 4
Lot Dimensions: 240x216
Acres: 1.24
House Number: 607
Street Name: Second
Street Suffix: Street
Street Direction Suffix: S
Postal City: Walker
County: Cass
Assessment Balance: 96
Tax With Assessments: 7892
Foundation Dimensions: 4876
Finished SqFt Above Ground: 4876
Finished SqFt Below Ground: 4876
Annual Electric Expense: 3500
Annual Fuel Expense: 3100
Annual Gross Expenses: 34000
Annual Gross Income: 53562
Annual Insurance Expense: 3100
Annual Net Income: 19300
Annual Trash Expense: 1800
Annual Water/Sewer Expense: 2200
Total Annual Expenses: 34000
Land Leased: Not Applicable
DP Resource: Yes
Homestead: No
Garage Door Height: 8
Garage Square Feet: 1232
Furnished?: No
Leased?: No
Unit Number: 1
1/2 Baths: 9
3/4 Baths: 2
Annual Rent: 17854
Finished SqFt: 4875
Monthly Expense: 950
Monthly Rent: 1487
No. of Units Like This: 1
Total Baths: 11
Total Bedrooms: 10
Furnished?: No
Leased?: No
Unit Number: 2
Annual Rent: 17854
Finished SqFt: 2438
Full Baths: 1
Monthly Expense: 950
Monthly Rent: 1487
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 6
Furnished?: No
Leased?: No
Unit Number: 3
Annual Rent: 17854
Finished SqFt: 2438
Full Baths: 1
Monthly Expense: 950
Monthly Rent: 1487
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 6
Accessible: Door Lever Handles; Doors 36"+; Fully Wheelchair; Grab Bars In Bathroom; Hallways 42"+; Roll-In Shower; Smart Technology
Basement: Concrete Block; Egress Windows; Full
Construction Materials: Block; Concrete; Frame
Construction Status: Previously Owned
Electric: 200+ Amp Service
Foundation: Concrete Block
Heating: Baseboard; Forced Air
Laundry: Common Area; Electric Dryer Hookup; In Basement; Laundry Room; Lower Level; Main Level; Sink; Upper Level; Washer Hookup
Lot Description: Public Transit (w/in 6 blks)
Parking Characteristics: Finished Garage; Multiple Garages; Parking Lot; Garage Door Opener; Insulated Garage; RV Access/Parking
Sewer: City Sewer/Connected
Stories: Modified Two Story
Water: City Water/Connected
Listing Office: RE/MAX Results - Nisswa
Last Updated: May - 28 - 2026

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Sunday 31st of May 2026 07:07 PM