5019 Ojibwa Rd - Multi-Family FOR SALE


Brainerd, MN 56401
$449,000 USD
218-831-7510
5019 Ojibwa Rd, Brainerd, MN for Sale
$449,000 USD
Multi-Family - FOR SALE
1/30
null | 8.2% Cap Rate

5019 Ojibwa Rd
Brainerd, MN 56401


HIGHLIGHTS

  • 8.2% Cap Rate Based on Pro-Forma
  • Northwoods Duplex Investment!
  • 2 Duplexes w/ Attached Garages!
  • Each Unit: 1,044 SF Living (576 SF Main & 468 SF Upper) + 264 SF Garage

OVERVIEW

Discover this rare chance to own two side-by-side duplex buildings nestled between Round Lake and North Long Lake—just minutes from both Brainerd and Nisswa. This ideal location combines serene lake country living with quick access to nearby amenities, dining, and recreation. Each duplex unit offers a thoughtfully designed layout featuring a spacious main level with living room, kitchen, laundry, and bathroom. Upstairs, you’ll find two bedrooms, a full bath, and abundant closet space throughout. Each unit also includes an attached single-stall garage for added convenience. These units are well-suited for long-term tenants. Whether you’re looking to expand your investment portfolio or live in one side and rent the others, this versatile property presents strong potential in a highly desirable area. Duplex Buildings: 5,232 SF Total (Both Buildings); 5019/5021: 2,616 SF Total; 5019: 1,044 SF Living (576 SF Main & 468 SF Upper) + 264 SF Garage; 5021: 1,044 SF Living (576 SF Main & 468 SF Upper) + 264 SF Garage; 5041/5043: 2,616 SF Total; 5041: 1,044 SF Living (576 SF Main & 468 SF Upper) + 264 SF Garage; 5043: 1,044 SF Living (576 SF Main & 468 SF Upper) + 264 SF Garage

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$86 USD /SF

# OF UNITS

4

PRICE/UNIT

$112,250

CAP RATE

8.2%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dehen

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,532 SF

ZONING

Shoreline District

APN/PARCEL ID

991530000110009,991530000120009,991530000130009

ASK ABOUT THIS PROPERTY

Christopher CloseClose ConverseMore Info
218-831-7510

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Christopher CloseClose ConverseMore Info
218-831-7510

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