$375,000
( $57.98Per Sq Foot )
 $2,013 est/mo Sourced by Back At You

123 S Broadway,Pelican Rapids, MN 56572

Pelican Rapids, MN 56572

Share:

PreviousNext

Description

No Vacancies! In the heart of Pelican Rapids sits this 5-unit Apartment Building, a great Investment opportunity in a town with plenty of jobs available. 3-two bed/one bath units and 2-one bed/one bath units. This is a well maintained property and new updates to Unit #1 are completed.Each unit has its own laundry and garage. Pelican Rapids is a thriving town located in the middle of Lakes Country in Otter Tail County.

Details

MLS #7042345
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site142
Listing Provided ByREMAX Lakes Region | Eric Lundmark

Features

Bed(s)8
Bath(s)5
SQ Feet6,468
Garage5
BasementY
Story(s)2
Units5
ZoningBusiness/Commercial
Acreage0.08

Interior

CoolingWindow Unit(s)
HeatingForced Air
AppliancesDryer, Range, Refrigerator, Washer

Exterior

RoofComposition, Metal
Construction MaterialsBrick, Concrete, Frame
Lot FeaturesCorner Lot

Parking

Parking FeaturesNo Int Access to Dwelling, Tuckunder Garage

Utilities

UtilitiesElectric Separate, Heating Separate, Hot Water Separate

Taxes

Property3592

Area Information

StateMN
CountyOtter Tail
CityPelican Rapids
Zip Code56572
Community NameFrazees 1st Add
School District548
High SchoolPelican Rapids
Listing VS Median (in Frazees 1st Add)
Price:
$375,000
low | high
Med:
$224,300
90.186666666667% of Average
sqft:
6,468
low | high
Med:
3,632
93.854359925789% of Average
$ / sqft:
$58
low | high
Med:
$75
20.160201257862% of Average
On site:
142
low | high
Med:
159
89.308176100629% of Average
Sourced by Back At You

Market Activity 56572

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Crown Realtors at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.

 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 21, 2026 at 9:36:45 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.

“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Contact

Learn More About This Property

Coldwell Banker Crown Park Rapids

Coldwell Banker Crown Park Rapids

 (218) 732-3381parkrapids@coldwellbankercrown.com
StateMN
CountyOtter Tail
CityPelican Rapids
Zip Code56572
Community NameFrazees 1st Add
School District548
High SchoolPelican Rapids
Listing VS Median (in Frazees 1st Add)
Price:
$375,000
low | high
Med:
$224,300
90.186666666667% of Average
sqft:
6,468
low | high
Med:
3,632
93.854359925789% of Average
$ / sqft:
$58
low | high
Med:
$75
20.160201257862% of Average
On site:
142
low | high
Med:
159
89.308176100629% of Average
Sourced by Back At You
Listing Updated: August 17, 2026 at 12:02:45 PM PDT

Coldwell Banker Crown

Real Estate Links Our Domains