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(701) 388-0245
(701) 388-0245 Email (701) 388-0245
Bob McArthur
REALTOR®
(701) 388-0245
  • Main Photo

401 1st Avenue Se
Pelican Rapids, MN 56572

$298,500

15 Total Photos [Click to View All]

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Listing Details

  • $298,500
  • MLS# 7124909
  • Type Multi Unit - Multiple
  • Status Active
  • 2,200
    Square Feet
  • 0.287 acres
    Lot Size
  • 1959
    Year Built
  • Pelican Rapids
    Local Schools
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Listed By

Agency Name: The Real Estate Company of Detroit Lakes
Agency Phone: 218-844-8008

Shown By

Agent Name: Bob McArthur
Agent Phone: (701) 388-0245
Agency Title: Town & Country Realty

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Home Value Estimate

Description

Investment opportunity! Updated 3 unit Income property located just down from the pool in Pelican Rapids. A total of 3600 sq ft. of income. One 1200 sq.ft Unit downstairs(2 bed 1 bath), and two units upstairs, one being an efficiency, (1600sq. ft(3 bed 1 bath) & 600 sq. ft(1 bed 1 bath)). A near 10% cap rate makes this property a great addition to your investment portfolio.

Features

  • Heating: Baseboard, Forced Air
  • Taxes: $3,263
  • Water: City Water/Connected
  • Year Built: 1959
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Listed By

Agency Name: The Real Estate Company of Detroit Lakes
Agency Phone: 218-844-8008

Shown By

Agent Name: Bob McArthur
Agent Phone: (701) 388-0245
Agency Title: Town & Country Realty

IDX logo

Bob McArthur
Bob McArthur Office: (701) 239-2238 Cell: (701) 388-0245 Fax: (701) 239-2242 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/02/2026. The listing information on this page last changed on 09/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/02/2026 12:28:24 AM EST) or RMLS-MN MLS (last updated Wed 09/02/2026 12:02:31 AM EST) or Fargo-Moorhead Commercial (last updated Tue 09/01/2026 8:45:12 PM EST). Real estate listings held by brokerage firms other than Town & Country Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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