$LABEL$
$CONTENT$
$LABEL$
$CONTENT$
Coldwell Banker Realty is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Chad Schwendeman is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Chad Schwendeman, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Chad Schwendeman is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Chad Schwendeman, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Nearby Listings in 10 Miles
{"Id":566135,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST7083985","MLSAGENTID":"NST500502518","MLSCOAGENTID":"NST500503237","MLSOFFICEID":"NST49063","ADDRESS":"30 Graceson Avenue S","ACRES":0.5,"AGENTOWNER":true,"AUCTIONYN":false,"BASEMENT":"None","BATHSTOTAL":8.0,"BEDROOMS":8.0,"CITY":"Akeley","CONTINGENCY":"None","COUNTY":"Hubbard","CURRENTUSE":"Commercial","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"EXTERIOR":"Block,Concrete","FORECLOSURE":"No","LASTPRICE":399000.0,"LASTPRICEDATE":"2026-06-02T15:32:10.603","LATITUDE":47.002769,"LENDEROWNED":"No","LISTDATE":"2026-06-02T05:00:00","LISTPRICE":399000.0,"LIVINGAREA":7200.0,"LONGITUDE":-94.728178,"LOTDESCRIPTION":"Cleared","MODIFICATIONTIMESTAMP":"2026-06-02T15:32:10.602","OFFICE_OFFICENAME":"Coldwell Banker Realty","PHOTOCOUNT":5,"POSTALCODE":"56433","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"Investment opportunity in the heart of Akeley! This well-maintained 8-unit apartment complex offers an excellent chance to own a fully occupied income-producing property in one of northern Minnesota's most desirable lake regions. Situated on a convenient half-acre city lot, the property features eight 1-bedroom, 1-bath units with updated flooring, spacious layouts, city water and sewer, separate electric service, and ample off-street parking.\n\nTenants enjoy easy access to downtown Akeley, Walker, Leech Lake, and the area's endless outdoor recreation opportunities including boating, fishing, ATV trails, snowmobiling, hunting, and public land access. The property is located just minutes from local restaurants, shopping, parks, and area employers, making it an attractive housing option year-round.\n\nThe building consists of approximately 7,200 finished square feet and has demonstrated strong rental demand with stable occupancy. Utilities are separately metered for electric, while the property benefits from low-maintenance vinyl siding and a straightforward management structure.\n\nWhether you're looking to expand your investment portfolio or acquire a turnkey multifamily asset in a growing recreational market, this property delivers immediate cash flow and long-term upside potential.\n\nFinancial information available upon request.","ROADBETWEENWATERFRONTANDHOMEYN":false,"ROOF":"Age Over 8 Years,Metal,Pitched","SALEINCLUDES":"Building,Business,Land,Leases","SCHOOLDISTRICTNUMBER":"113-Walker-Hackensack-Akeley","SCHOOLDISTRICTPHONE":"2185474201","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-06-02T15:32:10.603","LASTSTATUS":"Active","STREETDIRSUFFIX":"S","STREETNAME":"Graceson","STREETNUMBER":"30","STREETSUFFIX":"Avenue","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1997,"ZONING":"Business/Commercial","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-06-02T15:32:10.602","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"Image Jun 1, 2026, 07_24_46 AM.png\"},{\"Order\":2,\"Remarks\":\"Image Jun 1, 2026, 10_24_20 AM.png\"},{\"Order\":3,\"Remarks\":\"ChatGPT Image Jun 2, 2026, 09_34_42 AM.png\"},{\"Order\":4,\"Remarks\":\"Image Jun 2, 2026, 10_13_41 AM.png\"},{\"Order\":5,\"Remarks\":\"Image Jun 2, 2026, 10_25_03 AM.png\"}]","PHOTOORDER":"1,2,3,4,5","SOURCE":"MG_NST"}
{"ListingKey":"NST7910339","AccessibilityFeatures":"Other","AdditionalParcelsYN":"False","NST_AgentOwner":"Yes","NST_AmenitiesUnit":"Ceiling Fan(s),Main Floor Primary Bedroom","Appliances":"Dishwasher,Electric Water Heater,Range,Refrigerator","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","AttributionContact":"2183302667","NST_AttributionName":"Christopher Cullen","Basement":"None","BasementYN":"True","BathroomsTotalInteger":"8","BedroomsTotal":"8","BuildingAreaTotal":"7200","CumulativeDaysOnMarket":"0","NST_CeilingHeight":"8-10","City":"Akeley","NST_RefrigeratorNum":"One Per Unit","NST_CommercialStyleType":"Apartments/Multi Family","ConstructionMaterials":"Block,Concrete","NewConstructionYN":"False","Contingency":"None","NST_ForSaleOrLease":"For Sale","Cooling":"Window Unit(s)","CountyOrParish":"Hubbard","CurrentUse":"Commercial","Directions":"From the Shell gas station in Akeley go west one Blk then turn Left at Graceson Ave. Property is then on the left.","DocumentsCount":"2","DocumentsChangeTimestamp":"2026-06-02T15:32:10.602Z","DaysOnMarket":"0","ExteriorFeatures":"Vinyl","Flooring":"Carpet,Concrete Slab,Luxury Vinyl Plank,Vinyl","FoundationArea":"7200","FoundationDetails":"Block,Slab","NST_FoundationDimensions":"60x60","NST_FractionalOwnershipYN":"No","NST_Fuel":"Electric","GarageSpaces":"0","GrossIncome":"66000","Heating":"Baseboard","HighSchoolDistrict":"Walker-Hackensack-Akeley","NST_ForeclosureStatus":"No","Inclusions":"Building,Business,Land,Leases","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"True","InternetConsumerCommentYN":"True","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"47.002769","NST_LenderOwned":"No","Levels":"One","ListPrice":"399000","ListingContractDate":"2026-06-02T05:00:00Z","ListingId":"NST7083985","LockBoxType":"Combo","Longitude":"-94.728178","LotFeatures":"Cleared","LotSizeArea":"0.5","LotSizeDimensions":"165x132x165x132","LotSizeUnits":"Acres","NetOperatingIncome":"24000","NumberOfUnitsTotal":"8","OriginalEntryTimestamp":"2026-06-02T10:30:32Z","NST_OwnerOccupied":"No","ParcelNumber":"293706110","ParkingFeatures":"Gravel,Guest Parking,On-Street Parking Only","PhotosCount":"5","PhotosChangeTimestamp":"2026-06-02T15:32:10.602Z","PostalCity":"Akeley","PostalCode":"56433","NST_PotentialShortSale":"No","NST_PowerCompanyName":"Minnesota Power","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"Investment opportunity in the heart of Akeley! This well-maintained 8-unit apartment complex offers an excellent chance to own a fully occupied income-producing property in one of northern Minnesota's most desirable lake regions. Situated on a convenient half-acre city lot, the property features eight 1-bedroom, 1-bath units with updated flooring, spacious layouts, city water and sewer, separate electric service, and ample off-street parking.\n\nTenants enjoy easy access to downtown Akeley, Walker, Leech Lake, and the area's endless outdoor recreation opportunities including boating, fishing, ATV trails, snowmobiling, hunting, and public land access. The property is located just minutes from local restaurants, shopping, parks, and area employers, making it an attractive housing option year-round.\n\nThe building consists of approximately 7,200 finished square feet and has demonstrated strong rental demand with stable occupancy. Utilities are separately metered for electric, while the property benefits from low-maintenance vinyl siding and a straightforward management structure.\n\nWhether you're looking to expand your investment portfolio or acquire a turnkey multifamily asset in a growing recreational market, this property delivers immediate cash flow and long-term upside potential.\n\nFinancial information available upon request.","RoadFrontageType":"Paved Streets,Unpaved Streets","RoadResponsibility":"Public Maintained Road","Roof":"Age Over 8 Years,Metal,Pitched","NST_SchoolDistrictFullName":"113 - Walker-Hackensack-Akeley","NST_SchoolDistrictNumber":"113","NST_SchoolDistrictPhone":"2185474201","Sewer":"City Sewer/Connected","StandardStatus":"Active","StateOrProvince":"MN","StreetDirSuffix":"S","StreetName":"Graceson","StreetNumber":"30","StreetNumberNumeric":"30","StreetSuffix":"Avenue","SubdivisionName":"Orignal Townsite/Akeley","TaxAnnualAmount":"5068","NST_TaxWithAssessments":"5068","TaxYear":"2025","TenantPays":"Electricity,Heat,Hot Water","Township":"Akeley","Utilities":"Electric Separate","VideosCount":"0","WaterSource":"City Water/Connected","WaterfrontYN":"False","YearBuilt":"1997","ZoningDescription":"Business/Commercial","CoListAgentKey":"NST516461","CoListAgentMlsId":"NST500503237","CoListOfficeName":"Coldwell Banker Realty","ListAgentKey":"NST107100","ListAgentMlsId":"NST500502518","ListOfficeMlsId":"NST49063","ListOfficeName":"Coldwell Banker Realty","ListOfficeKey":"NST49063","ModificationTimestamp":"2026-06-02T15:32:10.602Z","OriginatingSystemName":"northstar","Media":"[{\"Order\":1,\"MediaObjectID\":\"NST1\",\"LongDescription\":\"Image Jun 1, 2026, 07_24_46 AM.png\",\"ResourceRecordKey\":\"NST7910339\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7910339/bc012854-0246-4432-b3e7-fbb6966f9310.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-06-02T15:31:18.14Z\",\"MediaKey\":\"NST122616716\"},{\"Order\":5,\"MediaObjectID\":\"NST5\",\"LongDescription\":\"Image Jun 2, 2026, 10_25_03 AM.png\",\"ResourceRecordKey\":\"NST7910339\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7910339/dcab84a9-b675-44ea-97dd-c2b1c4f5fb5f.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-06-02T15:31:18.061Z\",\"MediaKey\":\"NST122649922\"},{\"Order\":2,\"MediaObjectID\":\"NST2\",\"LongDescription\":\"Image Jun 1, 2026, 10_24_20 AM.png\",\"ResourceRecordKey\":\"NST7910339\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7910339/42fd4755-a193-49ae-9458-a14d2da5e641.jpeg\",\"ImageWidth\":1402,\"ImageHeight\":1122,\"ImageSizeDescription\":\"1402x1122\",\"MediaModificationTimestamp\":\"2026-06-02T15:31:18.144Z\",\"MediaKey\":\"NST122622807\"},{\"Order\":4,\"MediaObjectID\":\"NST4\",\"LongDescription\":\"Image Jun 2, 2026, 10_13_41 AM.png\",\"ResourceRecordKey\":\"NST7910339\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7910339/d6445650-651d-4a45-9516-dbfd4533e8c9.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-06-02T15:31:18.283Z\",\"MediaKey\":\"NST122649214\"},{\"Order\":3,\"MediaObjectID\":\"NST3\",\"LongDescription\":\"ChatGPT Image Jun 2, 2026, 09_34_42 AM.png\",\"ResourceRecordKey\":\"NST7910339\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7910339/9ee0822d-f461-42ca-8eda-4d5903b5a58d.jpeg\",\"ImageWidth\":1402,\"ImageHeight\":1122,\"ImageSizeDescription\":\"1402x1122\",\"MediaModificationTimestamp\":\"2026-06-02T15:31:18.12Z\",\"MediaKey\":\"NST122647240\"}]","Media__Order":"1","Media__MediaObjectID":"NST1","Media__LongDescription":"Image Jun 1, 2026, 07_24_46 AM.png","Media__ResourceRecordKey":"NST7910339","Media__MediaURL":"https://s3.amazonaws.com/mlsgrid/images/NST7910339/bc012854-0246-4432-b3e7-fbb6966f9310.jpeg","Media__ImageWidth":"1448","Media__ImageHeight":"1086","Media__ImageSizeDescription":"1448x1086","Media__MediaModificationTimestamp":"6/2/2026 3:31:18 PM","Media__MediaKey":"NST122616716","UnitTypes":"[{\"NST_LeaseExpirationDt\":\"2026-12-31\",\"NST_UnitBathFull\":1,\"NST_UnitNumber\":\"1\",\"UnitTypeBathsTotal\":1,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeBedsTotal\":1,\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":4,\"UnitTypeKey\":\"NST21635\",\"UnitTypeActualRent\":700},{\"NST_LeaseExpirationDt\":\"2026-12-31\",\"NST_UnitNumber\":\"2\",\"UnitTypeBathsTotal\":1,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeBedsTotal\":1,\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":4,\"UnitTypeKey\":\"NST21652\",\"UnitTypeActualRent\":600,\"NST_UnitBath3Qtr\":1},{\"NST_LeaseExpirationDt\":\"2026-12-31\",\"NST_UnitBathFull\":1,\"NST_UnitNumber\":\"3\",\"UnitTypeBathsTotal\":1,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeBedsTotal\":1,\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":4,\"UnitTypeKey\":\"NST21653\",\"UnitTypeActualRent\":700},{\"NST_LeaseExpirationDt\":\"2026-12-31\",\"NST_UnitBathFull\":1,\"NST_UnitNumber\":\"4\",\"UnitTypeBathsTotal\":1,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeBedsTotal\":1,\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":4,\"UnitTypeKey\":\"NST21654\",\"UnitTypeActualRent\":700},{\"NST_LeaseExpirationDt\":\"2027-02-01\",\"NST_UnitBathFull\":1,\"NST_UnitNumber\":\"5\",\"UnitTypeBathsTotal\":1,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeBedsTotal\":1,\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":4,\"UnitTypeKey\":\"NST21655\",\"UnitTypeActualRent\":700},{\"NST_LeaseExpirationDt\":\"2027-02-28\",\"NST_UnitNumber\":\"6\",\"UnitTypeBathsTotal\":1,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeBedsTotal\":1,\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":4,\"UnitTypeKey\":\"NST21656\",\"UnitTypeActualRent\":700,\"NST_UnitBath3Qtr\":1},{\"NST_LeaseExpirationDt\":\"2026-12-31\",\"NST_UnitBathFull\":1,\"NST_UnitNumber\":\"7\",\"UnitTypeBathsTotal\":1,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeBedsTotal\":1,\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":4,\"UnitTypeKey\":\"NST21657\",\"UnitTypeActualRent\":700},{\"NST_LeaseExpirationDt\":\"2027-01-31\",\"NST_UnitNumber\":\"8\",\"UnitTypeBathsTotal\":1,\"NST_UnitIsLeased\":\"Yes\",\"UnitTypeBedsTotal\":1,\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":4,\"UnitTypeKey\":\"NST21658\",\"UnitTypeActualRent\":750,\"NST_UnitBath3Qtr\":1}]","UnitTypes__NST_LeaseExpirationDt":"2026-12-31","UnitTypes__NST_UnitBathFull":"1","UnitTypes__NST_UnitNumber":"1","UnitTypes__UnitTypeBathsTotal":"1","UnitTypes__NST_UnitIsLeased":"Yes","UnitTypes__UnitTypeBedsTotal":"1","UnitTypes__NST_UnitLevel":"Main Level","UnitTypes__NST_UnitRoomsTotal":"4","UnitTypes__UnitTypeKey":"NST21635","UnitTypes__UnitTypeActualRent":"700","MlgCanView":"True","MlgCanUse":"IDX","PhotoRemarks":"[{\"Order\":1,\"Remarks\":\"Image Jun 1, 2026, 07_24_46 AM.png\"},{\"Order\":2,\"Remarks\":\"Image Jun 1, 2026, 10_24_20 AM.png\"},{\"Order\":3,\"Remarks\":\"ChatGPT Image Jun 2, 2026, 09_34_42 AM.png\"},{\"Order\":4,\"Remarks\":\"Image Jun 2, 2026, 10_13_41 AM.png\"},{\"Order\":5,\"Remarks\":\"Image Jun 2, 2026, 10_25_03 AM.png\"}]","PhotoOrder":"1,2,3,4,5","CustomVTourURL":""}




