1601 4th Avenue W, International Falls, MN 56649

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1920
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 2916
Above Ground SqFt: 3897
Below Grd Total SqFt: 1962
Total SqFt: 5859
Foundation Size: 5859
Style: (MF) Four Plex
Total Finished Sqft: 5857.00
Garage Stalls: 2
Lot Dimensions: 250.00 x 250.00
Acres: 0.79
Assessment Pending: Yes

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned Basement: Full; Storage Space Construction Materials: Frame Construction Status: Previously Owned Electric: 200+ Amp Service Exterior: Fiber Board; Wood Foundation: Other Fuel: Natural Gas Heating: Hot Water Laundry: Common Area Lot Description: Corner Lot Rental License Type: Standard Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Shared Rooms: Amusement/Party Room Stories: Two Tenant Pays: Cable TV Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Breakfast Bar; Eat In Kitchen; Informal Dining Room Unit 1 Special Search: Main Floor Primary Unit 2 Cooling: Wall Unit 2 Dining Room Description: Eat In Kitchen Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 425000
ListPrice: 300000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1601
Street Name: 4th
Street Suffix: Avenue
Street Direction Suffix: W
Postal City: International Falls
County: Koochiching
State: MN
Zip Code: 56649
Complex/Dev/Subdivision: Wallace Add To Koochiching

Assessments

Assessment Balance: 70
Tax With Assessments: 5150

Building Information

Finished SqFt Above Ground: 3897
Finished SqFt Below Ground: 1960

More Information

Income and Expenses

Annual Gross Income: 39000
Annual Net Income: 39000
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 20 x 35
Garage Square Feet: 700

Public Survey Info

Range#: 24
Section#: 34
Township#: 71

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
1/4 Baths: Yes
Annual Rent: 10800
Finished SqFt: 3800
Full Baths: Yes
Monthly Rent: 900
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 21

Unit 2

Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 9600
Finished SqFt: 900
Full Baths: Yes
Monthly Rent: 800
No. of Units Like This: 2
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 3

Unit 3

Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 3
Annual Rent: 9600
Finished SqFt: 950
Full Baths: Yes
Monthly Rent: 800
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 6

Unit Details

Total Units: 4

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOTS 28 THRU 32 BLOCK 6
Listing City: International Falls
Map Page: 999
Municipality: International Falls
School District: International Falls
School District Phone: 218-283-2571
Zip Plus 4: 1025
Property ID Number: 9212906230
Tax Year: 2025
Tax Amount: 5080
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Introducing a rare opportunity to own a beautifully preserved Craftsman-style 4-plex, offering both timeless elegance and strong investment potential. This meticulously maintained property features four distinct apartments—ranging from a cozy 1BR/1BA to a spacious 3BR/1BA—all with a solid rental history and impressive care throughout. Rich in character, the home showcases traditional details like built-ins, custom cabinetry, tin ceilings, butcher block counters, hardwood floors, intricate moldings, built-in buffets, and charming enclosed porches. Each unit boasts a private entrance, move-in-ready condition, and unique touches that reflect the home's storied past. Whether you continue its success as a multi-unit investment or restore it to its original grandeur as a single-family residence, the possibilities here are exceptional. Additional perks include income from a coin-op laundry, extra tenant storage, a lower-level rec room perfect for private gatherings, and an owner’s garage.
Directions: At Int 17th St and 2nd Ave W, go north on 2nd ave one block and turn left on 16th Ave. Go 2 blocks and property is on the left.

Accessible

None: Yes

Amenities Shared

Coin-op Laundry Owned: Yes

Basement

Full: Yes
Storage Space: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Electric

200+ Amp Service: Yes

Exterior

Fiber Board: Yes
Wood: Yes

Foundation

Other: Yes

Fuel

Natural Gas: Yes

Heating

Hot Water: Yes

Laundry

Common Area: Yes

Lot Description

Corner Lot: Yes

Rental License Type

Standard: Yes

Roof

Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Shared Rooms

Amusement/Party Room: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Four: Yes

No. of Refrigerators

Four: Yes

Tenant Pays

Cable TV: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor 1/2 Bath: Yes
Main Floor Full Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 1 Dining Room Description

Breakfast Bar: Yes
Eat In Kitchen: Yes
Informal Dining Room: Yes

Unit 1 Special Search

Main Floor Primary: Yes

Unit 2 Cooling

Wall: Yes

Unit 2 Dining Room Description

Eat In Kitchen: Yes