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Listings courtesy of Anchor Realty as distributed by MLS GRID.

Active - Other for sale

Babbitt, MN

8 bds|3,460 sqft

Facts & features

Other Property type
172 days on Beycome
1977 Year built
$123 Price/Sqft.
12 car garage Parking

Why you’ll love it

  • New roof
  • Garage

Outstanding multi-family opportunity in the heart of Babbitt! This well-maintained 4-plex offers the perfect setup for both investors and owner-occupants. Live comfortably in the spacious owner’s unit while rental income from the additional units and detached garages helps offset your monthly mortgage expenses, or maximize the property as a full income-producing investment. The property has seen numerous recent improvements, including new roofs on both buildings, updated siding, and fresh exterior paint, providing peace of mind for years to come. Tenants enjoy access to a shared laundry area, while the owner’s unit features private laundry and a cozy gas fireplace that adds warmth and character to the space. Additional upgrades include newer windows and other key updates throughout the property. Conveniently located near lakes, parks, snowmobile and ATV trails, and endless outdoor recreation, this property combines strong rental potential with a desirable northern Minnesota location. Whether you’re a first-time buyer looking to build equity while tenants contribute toward your housing costs or an investor searching for a solid addition to your portfolio, this property offers exceptional opportunity and long-term potential.

Translating description...

Listed by: Anchor Realty

Co-listed by: Anchor Realty

Source: Northstar MLS as distributed by MLS GRID, MLS#: 7036812 Northstar MLS as distributed by MLS GRID logo

Based on information as of Jun 01, 2026 at 01:00am EDT.

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Affordability

$275,000$575,000
1%20%
0%90%
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Estimated monthly payment

$2,507/mo

  • Mortgage$2,149
  • Property tax$358
  • HOA fee
  • Homeowners insurance
Due at closing$337,875
Down payment held in escrow$85,000
Closing costs$6,375
beycome credit Est.$8,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About Babbitt Lands In The City

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Jun 01, 2026 at 01:00am EDT. 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.

$425,000 Listed price

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$8,500 Credit back

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