$234,800
 $1,260 est/mo Sourced by Back At You

106 Aspen Avenue SW,Cass Lake, MN 56633

Cass Lake, MN 56633

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Description

Investor opportunity in Cass Lake. This 5-unit apartment building offers strong cash flow, consistent rental demand, and an easy-to-manage one-level layout. The property includes four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, giving a great mix of rental options for the local market. Located in the heart of Cass Lake, this property has proven to be easy to rent, with vacant units filling quickly when they become available. Investors will appreciate the steady income potential, practical floor plan, and the convenience of all units being on one level for simplified maintenance and tenant access. Whether you are looking to add to your portfolio or step into multi-family investing, this is a solid opportunity with strong rental appeal.

Details

MLS #7066179
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1950
Days On Site113
Listing Provided ByReal Broker, LLC | The Hoover Group

Features

Bed(s)8
Bath(s)4
SQ Feet4,482
Story(s)1
Units4
ZoningResidential-Multi-Family
Acreage0.03

Interior

HeatingForced Air

Taxes

Property4430

Area Information

StateMN
CountyCass
CityCass Lake
Zip Code56633
Community NameWest Cass Lake
School District115
High SchoolCass Lake-Bena Schools
Listing VS Median (in West Cass Lake)
Price:
$234,800
low | high
Med:
$69,900
100% of Average
sqft:
4,482
low | high
Med:
1,200
100% of Average
$ / sqft:
$52
low | high
Med:
$58
38.80898637138% of Average
On site:
113
low | high
Med:
150
75.333333333333% of Average
Sourced by Back At You

Market Activity 56633

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 24, 2026 at 4:08:55 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyCass
CityCass Lake
Zip Code56633
Community NameWest Cass Lake
School District115
High SchoolCass Lake-Bena Schools
Listing VS Median (in West Cass Lake)
Price:
$234,800
low | high
Med:
$69,900
100% of Average
sqft:
4,482
low | high
Med:
1,200
100% of Average
$ / sqft:
$52
low | high
Med:
$58
38.80898637138% of Average
On site:
113
low | high
Med:
150
75.333333333333% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $176K - $293K
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
423 1ST Street NW Property Photo 1
$95,000
423 1st Street Nw
Cass Lake, MN 56633
Listing Updated: July 27, 2026 at 4:22:58 PM PDT
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