450 Murray Avenue, Pine River, Minnesota 56474

MN, Pine River
$334,900
  • 6 Beds
  • 4 Bath
  • Residential Income Property Type
  • 1972 Year Built
  • Active Status
See All 54 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

**INVESTOR OPPORTUNITY – INCOME-PRODUCING FOURPLEX IN PINE RIVER! **
This 4-unit property has 3 occupied units generating $3,250/month in current gross rental income, or $39,000 annualized, based on seller-provided rents. Current rents: Unit 1 – $1,700/month; Unit 3 – $700/month; Unit 4 – $850/month. Unit 2 is currently vacant and not included in the income figures. Offered at $334,900, the property provides immediate rental income, an established tenant base, and additional upside. Features include 6 bedrooms, 4 bathrooms, approx. 2,508 finished sq. ft., a spacious in-town lot, 2-stall garage, new deck, new kitchen flooring, remote-controlled ceiling fans, and more than $15,000 in recent updates. Conveniently located near downtown Pine River, Pine River-Backus Schools, the Paul Bunyan State Trail, and nearby Norway Lake with public recreational access. Rental figures are seller-provided; buyers and agents to verify rents, leases, expenses, licensing, unit configuration, and measurements.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7130852
  • Price: $334,900
  • Year Built: 1972
  • Listing Status: Active
  • Office Name: eXp Realty
  • Property Sub Type: Fourplex
  • Roof: Asphalt
Features
  • Swimming Pool None
  • Heating System Forced Air,Baseboard
  • Basement Finished,Block,Egress Window(s)
  • Fence None
  • Parking Attached Garage,Asphalt
  • Exterior Features Cement Board
  • Laundry Features Main Level
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Cass
  • City Pine River
  • Zipcode 56474
  • Street: Murray
  • Street Number: 450
  • Street Suffix: Avenue
  • Longitude: W95° 35' 41.9''
  • Latitude: N46° 43' 31.5''
  • Directions: From 371N continue on to a right on Main St. to a right on Murray Ave, property is on the right.
Neighborhood
  • High School District: Pine River-Backus
MLS Addon
  • Office Name: eXp Realty
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 2508
  • Construction Materials: Block,Frame
  • Electric: 100 Amp Service
  • Foundation Details: Block
  • Garage: 2
  • Levels: Modified Two Story
  • Lot Features: Tree Coverage - Light,Irregular Lot
  • Lot Size Dimensions: irrx326x200x270
  • Number Of Units Total: 4
Financial
  • Tax Annual Amount: 4214
Listing Information
  • Co List Agent Mls Id: 500502032
  • Co List Office Mls Id: 49164
  • Co List Office Name: eXp Realty
  • List Agent Mls Id: 500503362
  • List Office Mls Id: 49164
  • Modification Timestamp: 2026-09-08T18:39:09Z
  • Originating System Name: NorthStar
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