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$850,000
14 Beds ⋅ 13 Baths ⋅ 7077541 MLS
Incredible chance to own a 3 Unit Rental Property, with over 9700 sq ft, located in the heart of Walker Minnesota, walking distance to public access of Leech Lake, schools, library, restaurants, shopping, coffee shops, the Paul Bunyan Trail, grocery stores and so much more. This unique property has a total of 14 bedrooms, 13 bathrooms, and 4 car garage. There are 2 decks, 2 patios, and a lawn shed. The Main Floor Unit consists of 10 bedrooms, 11 bathrooms, full kitchen, full laundry, pantry, office, 2 car garage used as a game room. Lower Level Unit A consists of 2 bedrooms, 1 bathroom, full laundry room, kitchen. Lower Level Unit B has 2 bedrooms, 1 bathroom, laundry in large utility room and completes with another 2 car garage. This property is being sold FULLY FURNISHED with appliances, beds, nightstands, tvs, end tables, accent chairs, dining room table, chairs, couches, bedroom linens, and bathroom towels. Every bedroom has its own temperature controlled heat. Lawn has a sprinkler system. Property is designed to access every unit through a set of internal stairs with secure entry or you can use the separate driveways. This is truly a TURN KEY business. A must see! Dreams of owning your own AIR BNB. VRBO, RENTAL UNITS, EVENT CENTER, ASSISTED LIVING, WELLNESS/TREATMENT CENTERS…… the possibilities are endless with this property.

607_ Second Street S, Walker

Listing courtesy of RE/MAX Results - Nisswa.

$1,175,000
7021063 MLS
Exceptional investment opportunity in Walker, Minnesota overlooking the shores of Leech Lake. This fully remodeled 14-unit apartment property offers immediate income potential with a cap rate over 7%, along with making it one of northern Minnesota’s most desirable lake destinations. The unit mix includes one spacious 3-bedroom, 1-bath apartment, ten 1-bedroom, 1-bath apartments, and three efficiency units. All units have been recently renovated, delivering modern finishes, updated interiors, and turnkey appeal for both long-term tenants and short-term guests. Three units are currently operating as Airbnb rentals, creating diversified revenue streams and strong seasonal income potential driven by year-round tourism. The property’s elevated setting provides scenic lake views and easy access to Walker’s vibrant downtown, known for its local shops, dining, marina access, and recreational opportunities. Residents and guests enjoy proximity to boating, fishing, snowmobiling, and trail systems that make this region a consistent draw for visitors. Located just a short drive from Park Rapids and Nevis, the property benefits from steady regional traffic and a strong vacation rental market anchored by Leech Lake’s reputation as a premier outdoor destination. The extensive remodel reduces immediate capital expenses while positioning the asset for stable cash flow and long-term appreciation. Ideal for investors seeking a turnkey, mixed-use rental strategy in a high-demand lake market, this property combines location, modernization, and income diversity in one compelling package.

107 Minnesota Avenue E, Walker

Listing courtesy of Coldwell Banker Realty.

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