923 Beltrami Avenue NW, Bemidji, MN 56601

New Listing
$329,900
Property Type: Commercial Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $329,900 List Date: 5/09/2026 Last Modified: 5/09/2026

Overview

Description

Discover a rare opportunity to own a charming vintage 5-plex in one of Bemidji’s quiet residential neighborhoods—just a short walk to Bemidji State University and minutes from Downtown, shopping, parks, and the lake. This well-loved property blends classic character with solid rental performance, making it an ideal addition to any investment portfolio. The building features four 1-bedroom units and one efficiency, each with its own unique charm. Most units offer high ceilings, hardwood floors, and the warm character only a vintage property can provide. Every unit includes a stove and refrigerator, and the property is currently licensed for 5 units. Operating costs are simplified with the landlord covering heat, water, sewer, garbage, and common-area electric, while tenants pay for their own electricity. The roof has been completely replaced, offering peace of mind for years to come. Located on a quiet residential street, this property attracts long-term tenants who appreciate the walkability, convenience, and neighborhood feel. A solid, dependable investment with timeless appeal. Properties like this are rarely available. Two units are pictured. Each unit is a little different. 30+ hour notice to show.

Listing Details MLS# 7070991

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
5
Owner Occupied
No
Waterfront Present
No
Year Built
1910
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family, Residential-Single Famil
Foundation Size
1360
Power Company
Minnesota Energy Resources
For Sale or Lease
For Sale
Acres
0.12
Lot Dimensions
37x140
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: None Amenities Shared: Porch Appliances: Range; Refrigerator Basement: Partial; Partially Finished CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Vinyl Fencing: None Flooring: Other/See Remarks; Wood Foundation: Other Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional Lot Description: Corner Lot; Tree Coverage - Light On Site Utilities: Electric Separate Owner Pays: Fuel; Gas; Heat; Insurance; Lawn; Lawn; Maintenance/Repair; Repairs; Sewer; Snow Removal; Water Parking Characteristics: Gravel Lot Rental License Type: Standard Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Topography: Level Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
329900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
923
Street Name
Beltrami
Street Suffix
Avenue
Street Direction Suffix
NW
Postal City
Bemidji
County
Beltrami
State
MN
Zip Code
56601
Complex/Dev/Subdivision
First Add

Assessments

Tax With Assessments
5176
Assessment Balance
0

Building Information

Building Finished SqFt
3220
Building SqFt
3220
Ceiling Height
8-10

More Information

Income and Expenses

Annual Electric Expense
250
Annual Fuel Expense
3600
Annual Gross Income
42600
Annual Insurance Expense
2000
Annual Trash Expense
600
Annual Water/Sewer Expense
1800
Annual Caretaker Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
33
Section#
9
Township#
146

Sale Options

Sale Includes
Other

Unit 1

No. of 1 Bedroom Units
2

Unit Details

Total Units
5

Unit Information

No. of Efficiency Units
3

Office/Member Info

Association
NWMAR

Location, Tax and Other Information

Legal Description
SECT-09 TWP-146 RANGE-033 FIRST ADDITION TO BEMIDJI LOT-001 BLOCK-007 & N1/2 OF LOT 2
Listing City
Bemidji
Map Page
999
Municipality
Bemidji
School District
Bemidji
School District Phone
218-333-3100
Zip Plus 4
63
Property ID Number
800122000
Tax Year
2026
Tax Amount
5176
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Discover a rare opportunity to own a charming vintage 5-plex in one of Bemidji’s quiet residential neighborhoods—just a short walk to Bemidji State University and minutes from Downtown, shopping, parks, and the lake. This well-loved property blends classic character with solid rental performance, making it an ideal addition to any investment portfolio. The building features four 1-bedroom units and one efficiency, each with its own unique charm. Most units offer high ceilings, hardwood floors, and the warm character only a vintage property can provide. Every unit includes a stove and refrigerator, and the property is currently licensed for 5 units. Operating costs are simplified with the landlord covering heat, water, sewer, garbage, and common-area electric, while tenants pay for their own electricity. The roof has been completely replaced, offering peace of mind for years to come. Located on a quiet residential street, this property attracts long-term tenants who appreciate the walkability, convenience, and neighborhood feel. A solid, dependable investment with timeless appeal. Properties like this are rarely available. Two units are pictured. Each unit is a little different. 30+ hour notice to show.
Directions
Bemidji Ave to 10th and then to Beltrami Ave. On the corner of 10 and Beltrami.

Accessible

None
Yes

Air Conditioning

None
Yes

Amenities Shared

Porch
Yes

Appliances

Range
Yes
Refrigerator
Yes

Basement

Partial
Yes
Partially Finished
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Fencing

None
Yes

Flooring

Other/See Remarks
Yes
Wood
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lot Description

Corner Lot
Yes
Tree Coverage - Light
Yes

Owner Pays

Fuel
Yes
Gas
Yes
Heat
Yes
Insurance
Yes
Lawn
Yes
Maintenance/Repair
Yes
Repairs
Yes
Sewer
Yes
Snow Removal
Yes
Water
Yes

Parking Characteristics

Gravel Lot
Yes

Rental License Type

Standard
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Topography

Level
Yes

Water

City Water/Connected
Yes

Tenant Pays

Electricity
Yes

On Site Utilities

Electric Separate
Yes

CMU Style

Apartments/Multi Family
Yes

Current Use

Residential
Yes

Loan Terms

Cash
Yes
Conventional
Yes
Listing Office: Headwaters Realty Services LLC
IDX
Last Updated: May - 09 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.