For saleReduced $10,000 from $379,000Virtual tour

$369,000

3,180 SF building0.17 acre lotBuilt 1938

1401 Norwood StreetBrainerd, MN 56401

Multifamily property · MLS 11736145 · Listed 190 days ago (Apr 28, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

Excellent investment opportunity in the heart of the Brainerd Lakes Area. This well-maintained 6-unit property offers a strong unit mix with three two bedroom apartments, two one-bedroom units and one efficiency unit. Property has good rental history all units are month to month at this time. Additional lot is included in this property and could be developed for future use. Current owner provides his own lawn care and snow removal and would be available to contract that out in the future for any new owners. This property offers strong income potential in the highly desirable Brainerd Lakes Area. 48 hour notice for all showings.

Description provided by the listing brokerage.

Key facts

Asking price
$369,000
Original list price
$379,000
Status
For sale
Property type
MultifamilyFrom the MLS property class
Building area
3,180 SFSource field LivingArea
Land area
0.17 acresSource field LotSizeAcres
Year built
1938
MLS number
11736145

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$369,000
Price per SF of building
$116/SFAsking price ÷ 3,180 SF reported building area
Annual taxes
$3,766Tax year 2026

Building and site

Stories
3
County
Crow Wing County

Reported features

  • Public water (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Flooring

  • Linoleum
  • Carpet

Heating

  • Forced Air
  • Natural Gas

Construction

  • Stucco

Roof

  • Asphalt

Water

  • Public (Water Source)

Sewer

  • Other

Virtual tours and video

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Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Brainerd or multifamily property in Brainerd.

Why this listing is on Commercial Only

  • Multi-unit income property class. (PropertyTypeDetail: multi-5-plus)

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Price and status history

  • Original list price reported by the brokerage: $379,000

Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

Guides

Listing courtesy of Your Home Sold Guaranteed Realty Exclusive. Listing agent: James Flesch. Listings provided by MyStateMLS.

Listing last modified at the source Jul 29, 2026, 3:20 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 5:30 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.