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Sold on 09/10/2025
  • Exterior
  • Living
  • Entry Way
  • Kitchen
  • Bedroom
  • Bath
  • Other

418 N 7th St, Brainerd, MN 56401

$299,000

Last sold 09/10/2025 for $286K

  • —

    bed

  • —

    bath

  • 2,941

    Sqft ($97/Sqft)

Multi-family not for sale
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About 418 N 7th St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 8,276 Sqft
Movoto estimate
Rental estimate
Property description
Investment opportunity in a desirable Brainerd neighborhood! This well-maintained fourplex features two spacious 2-bedroom units and two comfortable 1-bedroom units, offering a balanced rental mix to attract a variety of tenants. The property has seen key updates, including all new windows throughout the building and a new water heater, providing efficiency. Tenants will appreciate the convenient location close to schools, parks, shopping, and downtown amenities. With strong rental potential in a great neighborhood, this property is a smart addition to any investor’s portfolio. Don’t miss this chance to own a solid income-producing property in a prime location!
Listed by
Listing Agent - Shanna Perez-Davis
Listing Office - LPT Realty, LLC
Source: Northstar MLS mls logo
MLS#6783594 • last updated 11 months ago
Movoto checked Northstar MLS for data 1 hour ago
Overview
Heating Hot Water
Levels/Style Two
MLS # 6783594
Type Residential Income
SubType Quadruplex
Property Tax 3386
Tax Assessment 4068
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
Accessibility Features None
Exterior
Construction Stucco
Parking Desc Gravel, Shared Driveway
Amenities / Utilities
Water Source City Water/Connected
Location
County Crow Wing
Subdivision Town Of Brainerd & First Add Bra
High School District Brainerd
APN 41241100
Zoning Residential-Multi-Family
Multifamily Details
Tenant Pays Electricity
Owner Pays Trash Collection
Total # of Units 4
Annual Gross Income 38400
Expense: Trash 660
Operating Expense 1
Expense: Manager 1200
Expense: Insurance 1800
Expense: Maintenance 2500
Expense: Water/ Sewer 1260
Expense: Electricity 636
Expense: Fuel 5900
Expenses 13756
Expense: Other 1000
Lot/ Land Details
Road Frontage City Street
Present Use Yearly
Road Responsibility Public Maintained Road
$299K
Range: $188K-$409K
Last 30 days 
Rental est.: $1,149/month
Gross rent multiplier: 20.7
  • Sep 2025
    mls logo MLS # 6783594
  • Sep 10, 2025 Pending
    —
  • Sep 8, 2025 Listed
    $269,000
  • Year Property taxes Tax assessment
  • 2025
    $4,036 -0.8%
    $256,200
  • 2024
    $4,068 +45.1%
    $256,200 +0.47%
  • 2023
    $2,804 -11.0%
    $255,000 +28.14%
  • 2022
    $3,150 -4.3%
    $199,000 +11.36%
  • 2021
    $3,290 -0.3%
    $178,700
  • 2020
    $3,300
    $178,700
  • 418 N 7th St
    $286K
  • Town Of Brainerd & First Add Bra
    —
  • 56401
    $422K +11% y/y
  • Brainerd
    $375K +1% y/y
No chart available
Statistics calculated by Movoto

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8/10
Lowell Elementary School
public Grades K-4
Brainerd Public School District
6/10
Forestview Middle School
public Grades 5-8
Brainerd Public School District
8/10
Brainerd Senior High School
public Grades 9-12
Brainerd Public School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Town Of Brainerd & First Add Bra

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