401 1st Avenue SE, Pelican Rapids, MN 56572
$289,500
Property Type:
Multi-Family
Bedrooms:
6
Baths:
3
Square Footage:
4,400
Lot Size (sq. ft.):
12,197
Status:
Active
Current Price:
$289,500
List Date:
8/12/2026
Last Modified:
10/12/2026
Overview
Description
Listing Details MLS# 7124909
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1959
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Single Family
- Main Floor Total SqFt
- 2200
- Above Ground SqFt
- 2200
- Below Grd Total SqFt
- 2200
- Total SqFt
- 4400
- Foundation Size
- 2200
- Style
- (MF) Triplex
- Total Finished Sqft
- 3400.00
- Power Company
- Ottertail Power
- Garage Stalls
- 2
- Lot Dimensions
- 120x110
- Acres
- 0.28
- Assessment Pending
- No
Property Features
Accessible:
None
Amenities Shared:
Common Laundry Facility; Patio
Basement:
Concrete Block
Construction Status:
Previously Owned
Exterior:
Cement Board
Foundation:
Concrete Block
Fuel:
Natural Gas
Heating:
Baseboard; Forced Air
Laundry:
In Garage
Lot Description:
Corner Lot
Owner Pays:
Lawn; Snow Removal; Trash Collection
Road Responsibility:
Public Maintained Road
Roof:
Architectural Shingle
Sellers Terms:
Cash; Conventional
Sewer:
City Sewer/Connected
Stories:
One
Tenant Pays:
Electricity; Gas; Sewer; Water
Unit 1 Appliances:
Range; Refrigerator
Unit 1 Cooling:
Central
Unit 2 Appliances:
Range; Refrigerator
Unit 2 Cooling:
Central
Unit 3 Appliances:
Range; Refrigerator
Unit 3 Cooling:
Central
Water:
City Water/Connected
Contract Information
- Contingency
- None
- Original List Price
- 298500
- ListPrice
- 289500
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 401
- Street Name
- 1st
- Street Suffix
- Avenue
- Street Direction Suffix
- SE
- Postal City
- Pelican Rapids
- County
- Otter Tail
- State
- MN
- Zip Code
- 56572
- Complex/Dev/Subdivision
- Frazees 4th Add
Assessments
- Assessment Installment
- 85
- Tax With Assessments
- 3348
Basement
- Foundation Dimensions
- 66x32 irregular
More Information
Building Information
- Finished SqFt Above Ground
- 2200
- Finished SqFt Below Ground
- 1200
Income and Expenses
- Annual Electric Expense
- 2400
- Annual Gross Income
- 40200
- Annual Insurance Expense
- 3800
- Annual Maintenance Expense
- 1000
- Annual Net Income
- 29250
- Annual Repair Expense
- 1500
- Annual Trash Expense
- 1450
- Annual Water/Sewer Expense
- 1200
- Total Annual Expenses
- 7950
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- DP Resource
- Yes
- Homestead
- No
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Door Height
- 7
- Garage Door Width
- 9
- Garage Square Feet
- 600
Public Survey Info
- Range#
- 43
- Section#
- 27
- Township#
- 136
Unit 1
- Furnished?
- No
- Leased?
- Yes
- Level
- Main Level
- Unit Number
- Yes
- Annual Rent
- 18000
- Finished SqFt
- 1600
- Full Baths
- Yes
- Monthly Rent
- 1500
- No. of Units Like This
- Yes
- Total Baths
- Yes
- Total Bedrooms
- 3
- Total Rooms
- 7
Unit 2
- Furnished?
- No
- Leased?
- Yes
- Level
- Below Ground
- Unit Number
- 2
- Annual Rent
- 11400
- Finished SqFt
- 1200
- Full Baths
- Yes
- Monthly Rent
- 950
- No. of Units Like This
- Yes
- Total Baths
- Yes
- Total Bedrooms
- 2
- Total Rooms
- 4
Unit 3
- Furnished?
- No
- Leased?
- No
- Level
- Main Level
- Unit Number
- 3
- 1/2 Baths
- Yes
- Annual Rent
- 10200
- Finished SqFt
- 600
- Monthly Rent
- 850
- No. of Units Like This
- Yes
- Total Baths
- Yes
- Total Bedrooms
- Yes
- Total Rooms
- 3
Unit Details
- Total Units
- 3
Documents
Updates ›
Listing Office:
The Real Estate Company of Detroit Lakes
Last Updated: October - 12 - 2026
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