Koochiching Homes with Apartments/Multi Family Style

Welcome to Koochiching County, a hidden gem in the heart of Minnesota, where natural beauty meets vibrant community life. Nestled along the Canadian border, Koochiching County is renowned for its stunning landscapes, including the majestic Rainy River and the sprawling Voyageurs National Park. With International Falls as its county seat, this area is not just a gateway to outdoor adventures, but also a thriving hub for families and individuals seeking a unique place to call home.

International Falls boasts a friendly atmosphere, where neighbors know each other by name and community events bring everyone together. The city is rich in history and culture, offering a variety of local shops, eateries, and recreational activities. Whether you’re exploring the scenic trails, fishing in the pristine waters, or enjoying the annual Icebox Days festival, there’s always something happening in this charming locale.

For those considering a move to Koochiching County, the real estate market offers an array of options, particularly in multi-family homes and apartments. These properties are perfect for investors looking to tap into the rental market or for families seeking spacious living arrangements. With their modern amenities and prime locations, these homes provide both comfort and convenience, making them an ideal choice for anyone looking to settle in this picturesque region.

Discover the beauty and warmth of Koochiching County. Whether you’re looking to invest or find your forever home, International Falls has something special waiting for you!

Newest Koochiching Homes with Apartments/Multi Family Style

$174,900

7065137 MLS

Turn-key Mixed-Use Investment Property – 11% Cap Rate – Fully Rented Don’t miss this prime investment opportunity featuring a commercial business space with two residential apartments above, all fully rented and producing strong, consistent income. The main floor office space has been rented by the same tenant for 20+ years, adding stability to the commercial portion, while the two second floor 2 bedroom apartments provide reliable residential cashflow. With an impressive 11% capitalization rate, this mixed-use property offers the perfect blend of turn-key asset with tenants in place and cash flow from day one. Add this high-performing property to your portfolio today!

405/407 4th Street, International Falls

Listing courtesy of Move it Real Estate Group/Lake.

$200,000

11 Beds ⋅ 6 Baths ⋅ 7041697 MLS

Strong income-producing opportunity featuring a 4-unit multifamily building plus a separate 3-bedroom, 1.5-bath single-family home—all being sold together. With 4 of the 5 total units currently rented and vacant unit #1 undergoing renovations, this property offers immediate cash flow with additional upside upon completion. Originally a church with a pastor’s residence, the main building was converted into four rental units while still showcasing unique architectural character. The unfinished third level with vaulted ceilings provides excellent potential for additional unit(s), expanded living space, or increased rental income. The accompanying single-family home adds flexibility for owner-occupancy, additional rental revenue, or on-site management. Ideal for investors or house hackers looking to expand their portfolio with a versatile multi-unit property offering multiple income streams, value-add potential, and long-term growth. Owner is a licensed real estate agent in the state of Minnesota.

516 7th Avenue, International Falls

Listing courtesy of eXp Realty.

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