$500,000

706, 708, 710 Holden Ave., Henning, MN 56551

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$500,000

706, 708, 710 Holden Ave. Henning, MN 56551

For Sale MLS# 7074045

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Data current as of 06/06/2026 08:11:11

Details for 706, 708, 710 Holden Ave.

MLS# 7074045

Description for 706, 708, 710 Holden Ave., Henning, MN, 56551


Here is a unique investment opportunity. This 3 building, 16 plex consists of an 8 unit and 2 - 4 unit buildings. Each are 2 bedroom, 1 bath apartments with a common entrance for each building. Rent is currently below area rate as this complex was financed by several community minded people with rent control financing to provide low cost housing in the community. The rent control contract has expired and the owner group would like to pass on the management to someone else. Since the expiration of the contract, rent has been increased for new tenants. The property contains a large area that would allow for a 4th building to be constructed. Offers must be delivered to the listing agent by July 15, 2026 at 5:00pm Central Standard Time. Listing agent will hold all offers as "sealed" until the next meeting ofthe Board of Directors. At such time, the board shall open and duly consider each offer presented. The Board reserves the right to decline, accept, or counter any offer. The Board also reserves the right to call for "highest and best" between competing offers. The final acceptance of a Purchase Agreement shall be at a date, not specified here, at the direction of the Board. Final closing date shall be negotiated between the Seller and Buyer. All 16 apartments are Section 8 eligible.

Listing Information


Property Type: Commercial

Status: Active

Bedrooms: 32

Bathrooms: 16

Lot Size: 1.55 Acres

Square Feet: 12,422 sq ft

Year Built: 1978

Foundation: 9,062 sq ft

Stories: 2 Stories

Subdivision: 01143-Original Plat-Henning

Number Of Units Total: 16

Current Use: Commercial,Residential

County: Otter Tail

Days On Market: 13

Construction Status: Previously Owned

School Information


District: 545 - Henning

Interior Features


Appliances: Refrigerator, Cooktop, Range, Exhaust Fan/Hood

Flooring: Carpet,Vinyl/Linoleum

Additional Interior Features: Cable

Utilities


Water: Shared System, City Water/Connected

Sewer: City Sewer/Connected

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

Cooling: Wall

Heating: Baseboard, Electric

Exterior / Lot Features


Open Parking: 16

Parking Description: Unassigned, Uncovered/Open, Driveway - Asphalt, Paved Lot, Parking Lot, Garage Dimensions - 0, Garage Door Height - 0, Garage Door Width - 0, Garage Sq Ft - 0.00

Exterior: Vinyl

Roof: Age Over 8 Years

Lot Dimensions: 658' x 348'

Zoning: Business/Commercial

Topography: Level

Additional Exterior/Lot Features: Irregular Lot, Corner Lot, Land Inclusions - Building,Inventory,Land,Leases, Road Frontage - City

Driving Directions


From the intersection of state Highways 210 and 108, turn west into Henning. The property is on the right at the first street intersection.

Financial Considerations


Tenant Pays: Electric

Owner Pays: Cable T.V.,Common Area Maintenance,Grounds Care,Hot Water,Insurance,Lawn,Maintenance/Repair,Management,Repairs,Sewer,Snow,Taxes,Trash,Water

Tax/Property ID: 72000990310001

Tax Amount: 7069.06

Tax Year: 2026

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 706, 708, 710 Holden Ave.

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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