$379,000
1401 Norwood St Brainerd, MN 56401
For Sale MLS# 7057390
3,180 sq ft Commercial
Details for 1401 Norwood St
MLS# 7057390
Description for 1401 Norwood St, Brainerd, MN, 56401
Excellent investment opportunity in the heart of the Brainerd Lakes Area. This 6-unit property offers a strong unit mix with three two bedroom apartments, two one-bedroom units and one efficiency unit. Property has good rental history all units are month to month at this time. Additional lot is included in this property and could be developed for future use. Current owner provides his own lawn care and snow removal and would be available to contract that out in the future for any new owners. This property offers strong income potential in the highly desirable Brainerd Lakes Area. 48 hour notice for all showings.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Bedrooms: 8
Bathrooms: 6
Lot Size: 0.17 Acres
Square Feet: 3,180 sq ft
Year Built: 1938
Foundation: 1,788 sq ft
Stories: Three Or More
Number Of Units Total: 6
Current Use: Residential
County: Crow Wing
Days On Market: 34
Construction Status: Previously Owned
School Information
District: 181 - Brainerd
Interior Features
Appliances: Range, Refrigerator
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate
Heating: Natural Gas, Forced Air
Exterior / Lot Features
Open Parking: 6
Parking Description: gravel lot
Exterior: Stucco
Roof: Age Over 8 Years, Asphalt Shingles
Lot Dimensions: 50x150x50x150
Zoning: Business/Commercial
Topography: Level
Additional Exterior/Lot Features: Corner Lot, Land Inclusions - Building,Leases, Road Frontage - City
Driving Directions
From Hwy 210 in SE Brainerd, turn Right on SE 13th Street to Left on Norwood Street to #1401.
Financial Considerations
Other Annual Tax: $25
Tenant Pays: Cable T.V.,Electric,Sewer,Water
Owner Pays: Common Area Maintenance,Gas,Grounds Care,Lawn,Maintenance/Repair,Trash
Gross Income: 52000
Expense: 14850
Tax/Property ID: 413006545
Tax Amount: 3741
Tax Year: 2026
HomeStead Description: Non-Homesteaded
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1401 Norwood St
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1401 Norwood St
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.