1311 Summit Avenue, Detroit Lakes, MN 56501

Detroit Lakes
Local realty services provided by:ERA Prospera Real Estate
1311 Summit Avenue,Detroit Lakes, MN 56501
$950,000
  • 11 Beds
  • 7 Baths
  • 6,892 sq. ft.
  • Multi-family
  • Active
Listed by: christopher howard nord
Office: the real estate company of detroit lakes
MLS#:7082979
Source:NSMLS

Price summary

  • Price:$950,000
  • Price per sq. ft.:$130.42

About this home

This one-of-a-kind 4-plex is perfectly situated within the 1st block of the Detroit Lake City Beach and The Heartland State Trail, directly across the street from People’s Park and just up the street from Zorbaz, not to mention Kent Freeman Arena, The Becker County Fairgrounds, MN Flyers Gymnastics, and more — offering unbeatable convenience and appeal for tenants. Extensive renovations have been completed on multiple units in recent years, featuring modern appliances, updated flooring, kitchen remodels, bathroom updates, new lighting, and thoughtful insulation improvements. The property continues to benefit from strong rental performance and has established itself as a reliable source of income. The 5-bed/3-bath unit is fully furnished and turnkey for immediate occupancy. The 2-bed unit will be vacant and available at the end of the month. Whether you’re an investor looking for steady cash flow or someone seeking to live in a unique multi-family property with strong upside and...

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Home facts

  • Year built:1949
  • Subdivision & Development:Iversons Add
  • Listing ID #:7082979
  • Added:76 day(s) ago
  • Updated:August 14, 2026 at 12:33 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:7
  • Basement:Yes
  • Basement Description:Partial, Partially Finished
  • Living area:6,892 sq. ft.

Heating and cooling

  • Heating:Baseboard, Fireplace(s), Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1949
  • Building area:6,892 sq. ft.
  • Lot area:0.43 Acres
  • Lot Features:Tree Coverage - Medium
  • Levels:2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$130.42
  • Tax amount:$8,584 (2025)

Parking

  • Parking description:Concrete, Detached Garage
  • Garage:Yes
  • Garage spaces:2
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