$299,900

601 & 603 Main Street, Oklee, MN 56742

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$299,900

601 & 603 Main Street Oklee, MN 56742

For Sale MLS# 7005249

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Data current as of 03/03/2026 21:20:12

Details for 601 & 603 Main Street

MLS# 7005249

Description for 601 & 603 Main Street, Oklee, MN, 56742


Great investment opportunity in this thriving small community! Two buildings, each housing 4 one-bedroom units. Siding, windows, and shingles were done in 2015. These well-maintained units are currently tenant occupied making this a great property for your portfolio. Call today to schedule your showing!

Listing Information


Property Type: Commercial

Status: Active

Bedrooms: 8

Bathrooms: 8

Lot Size: 0.69 Acres

Square Feet: 6,000 sq ft

Year Built: 1977

Foundation: 2,928 sq ft

Stories: 1 Story

Subdivision: Okl-Golf Course Add

Number Of Units Total: 8

Current Use: Residential

County: Red Lake

Days On Market: 57

Construction Status: Previously Owned

School Information


District: 2906 - Red Lake Central

Interior Features


Appliances: Range, Refrigerator

Flooring: Carpet,Vinyl/Linoleum

Accessibility: No Stairs Internal

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Common,Heating Common,Hot Water Common

Cooling: Wall

Heating: Baseboard, Electric, Forced Air, Propane

Exterior / Lot Features


Open Parking: 8

Parking Description: Uncovered/Open, Assigned, Parking Lot, Garage Sq Ft - 0.00

Exterior: Vinyl

Roof: Asphalt Shingles

Lot Dimensions: 200x150

Zoning: Residential-Multi-Family

Topography: Level

Additional Exterior/Lot Features: Land Inclusions - Building,Land, Road Frontage - City

Driving Directions


Go South on Main Street in Oklee, to the property.

Financial Considerations


Tenant Pays: Cable T.V.,Telephone

Owner Pays: All Utilities,Electric,Gas,Grounds Care,Heat,Sewer,Water

Gross Income: 55200

Tax/Property ID: 152565000

Tax Amount: 4652

Tax Year: 2024

HomeStead Description: Non-Homesteaded

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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

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 601 & 603 Main Street

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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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.

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