$425,000

12 Linney Street, Babbitt, MN 55706

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$425,000

(24,000) 06/01/2026

12 Linney Street Babbitt, MN 55706

For Sale MLS# 7036812

8 beds 4 baths 3,460 sq ft Multi-family

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Data current as of 21/07/2026 13:48:27

Details for 12 Linney Street

MLS# 7036812

Description for 12 Linney Street, Babbitt, MN, 55706


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.

Listing Information


Property Type: Multi-family, Four Plex

Status: Active

Bedrooms: 8

Bathrooms: 4

Lot Size: 1.10 Acres

Square Feet: 3,460 sq ft

Year Built: 1977

Foundation: 1,730 sq ft

Garage: Yes

Stories: 2 Stories

Subdivision: Babbitt Lands In The City

Number Of Units Total: 4

County: St. Louis

Days On Market: 129

Construction Status: Previously Owned

School Information


District: 2142 - St. Louis County

Additonal Room Information

Laundry: Main Level, Lower Level

Interior Features


Square Footage above: 3,460 sq ft

Accessibility: Other

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Heating: Electric, Fireplace, Forced Air, Propane

Exterior / Lot Features


Garage Spaces: 12

Parking Description: Garage Sq Ft - 3552.

Exterior: Cement Board, Vinyl

Roof: Age 8 Years or Less, Asphalt Shingles

Lot Dimensions: 200x188

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Corner Lot

Community Features


Association Amenities: Coin-op Laundry Owned, Deck

Unit Information


Unit 1 Units Total: 4

Unit 1 Actual Rent: 850

Unit 1 Baths Total: 1

Unit 1 Beds Total: 2

Unit 1 Rooms Total: 5

Driving Directions


Coming into town turn by Lossing sports keep following by fire department and the go to Linney Lane it will be on your right side

Financial Considerations


Other Annual Tax: $240

Tenant Pays: All Utilities

Owner Pays: Exterior Maintenance,HVAC Maintenance,Lawn,Maintenance/Repair,Snow

Gross Income: 4747

Tax/Property ID: 105008000054

Tax Amount: 4290

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 12 Linney Street

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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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