OFF MARKET

Off Market Mar 2022 for $129K

—

Est. refi paymentEst. refi $852/mo

•

4,205

sq ft

206 S Main St, Biwabik, MN 55708

About this home

CALLING ALL INVESTORS! Beautiful Investment property in historic downtown Biwabik featuring 5 rental units along with a 500 ft. store front w/ bathroom & storage area. Good location next to the Post Office. Most units have been remodeled and are well-maintained. Good cash flow, could be vacation rentals or keep as is with renters. Unlimited possibilities in close proximity to Giants Ridge Ski & Golf resort.

Multi-familyProperty Type

1910Year Built

7,500 sq ftLot Size

$31Price/Sq.Ft.

5 spacesParking

Listed by Rick Marwick • Vermilion Land Office Inc

Bought with Paula Mackey • Laurentian Realty

Redfin checked: a minute ago

•Source:RAOR #142687

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 55708, MN

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

90.0%

0.0% MoM

Median sale price

$140K

$32 MoM

Avg. days on market

87d

0 days MoM

Recently sold homes

0 MoM

New listings for sale

$190,000
2 beds2 baths926 sq ft
6373 Wynne Creek Dr #119, Biwabik, MN 55708
$179,000
3 beds1.5 baths1,916 sq ft
321 1st Ave Ave N, Biwabik, MN 55708
See all

Provided by Redfin

Sale history for 206 S Main St

Year

Property tax

Land + Additions

Assessment*

2026

$3,440 (+21.4%)

$6,400 + $136,000

$142,400

2025

$2,834 (+9.9%)

$6,400 + $122,900

$129,300

2024

$2,578 (+3.6%)

$6,400 + $116,400

$122,800

2023

$2,488 (−13.0%)

$5,200 + $67,400

$72,600

2022

$2,858 (+2.9%)

$6,500 + $67,400

$73,900

2021

$2,778 (+0.4%)

$6,500 + $84,200

$90,700

2020

$2,766 (+10.6%)

$6,500 + $84,200

$90,700

2019

$2,502 (+10.4%)

$6,500 + $84,200

$90,700

2018

$2,266 (−4.7%)

$6,700 + $81,800

$88,500

2017

$2,378 (+4.9%)

$6,700 + $81,800

$88,500

2016

$2,268 (+3.7%)

$6,700 + $81,800

$88,500

2014

$2,188 (−4.7%)

$6,700 + $81,800

$88,500

2013

$2,297

$6,700 + $81,800

$88,500

Tax history for 206 S Main St

Year

Property tax

Land + Additions

Assessment*

2026

$3,440 (+21.4%)

$6,400 + $136,000

$142,400

2025

$2,834 (+9.9%)

$6,400 + $122,900

$129,300

2024

$2,578 (+3.6%)

$6,400 + $116,400

$122,800

2023

$2,488 (−13.0%)

$5,200 + $67,400

$72,600

2022

$2,858 (+2.9%)

$6,500 + $67,400

$73,900

2021

$2,778 (+0.4%)

$6,500 + $84,200

$90,700

2020

$2,766 (+10.6%)

$6,500 + $84,200

$90,700

2019

$2,502 (+10.4%)

$6,500 + $84,200

$90,700

2018

$2,266 (−4.7%)

$6,700 + $81,800

$88,500

2017

$2,378 (+4.9%)

$6,700 + $81,800

$88,500

2016

$2,268 (+3.7%)

$6,700 + $81,800

$88,500

2014

$2,188 (−4.7%)

$6,700 + $81,800

$88,500

2013

$2,297

$6,700 + $81,800

$88,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

6.5

Stories

Lot width

—

Lot depth

—

Lot size

7,500

Year renovated

1995

Sq. Ft.

4,205

Year built

1910

Style

Multi-Family (5+ Unit)

County

St. Louis County

APN

015-0030-00710

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Yes

Features

—

Last updated by owner on Aug 2, 2023.

Property details

Parking

Parking/Garage Information
Parking Features: On Street

Interior

Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Natural Gas, Hot Water

Room Information
Has Basement
Basement Details: Full

Exterior

Exterior Features
Roof: Asphalt

Building Information
Construction Materials: Frame, Metal Siding

Property Information
Property Type: Residential Income
Raw Mls Property Sub Type: Apartment Complex

Lot Information
Lot Size : 125 x60
Lot Size Dimensions: 125 x 60
Zoning: Com
Zoning Description: Com

Financial

Tax Information
Tax Annual Amount: $2,778

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Location

Schools Information
School District: Ara-Hyt Lk/Bwbk

Public facts

Beds: 8
Baths: 6.5
Sq. Ft.: 4,205
Stories: 2.0
Parking Spaces: 5
Basement: Yes
Accessible: No
Lot Size: 7,500 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1910
Year Renovated: 1995
County: St. Louis County
APN: 015-0030-00710
HOA Dues: —
Garage: Yes
Features: —

Home facts updated by owner on Aug 2, 2023

Around this home

Schools

Mesabi East Elementary School

Public PreK-6 • Assigned • 4.9mi

5/10

Mesabi East Secondary

Public 7-12 • Assigned • 4.9mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 90° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Biwabik, MN • 55708

Average low and high temperatures (°F)

-3

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 2.8 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

2.8 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 55708

$190,000

2 beds2 baths926 sq ft

6373 Wynne Creek Dr #119, Biwabik, MN 55708

$179,000

3 beds1.5 baths1,916 sq ft

321 1st Ave Ave N, Biwabik, MN 55708

Home values near 206 S Main St

Data from public records.

Address	Redfin Estimate
211 Main Street North, Biwabik, MN - Beds \| - Baths \| 1368 Sq. Ft.	$86,785
301 Main Street North, Biwabik, MN - Beds \| - Baths \| 3948 Sq. Ft.	$196,623

Address	Redfin Estimate
116 Main Street, Biwabik, MN 2 Beds \| 1 Baths \| 921 Sq. Ft.	$57,000
107 Main Street, Biwabik, MN - Beds \| - Baths \| 2016 Sq. Ft.	$100,875

Address	Redfin Estimate
122 Main Street, Biwabik, MN - Beds \| - Baths \| 2496 Sq. Ft.	$95,302
104 3rd Avenue South, Biwabik, MN 3 Beds \| 2 Baths \| 2486 Sq. Ft.	$188,549

Property information provided by RAOR when last listed in 2021. This data may not show owner updates. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 55708, MN

Sale history for 206 S Main St

Tax history for 206 S Main St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 55708

Home values near 206 S Main St

More real estate resources