FOR SALE - ACTIVE

2310 6th Ave E,
Hibbing, MN 55746

$289,900

Est. $2,042/moGet pre-approved

Beds

Baths

2,250

Sq Ft

About this home

This TURNKEY 4 unit cashflow cow (10 cap!) is in fantastic shape and all of the major updates are done! Completely rented out, new furnace, new windows, new water heater, new flooring, new paint, newly done compliant sewer lines, new toilets, and some new appliances make this a no brainer to stack your portfolio or start your rental empire. Three units are 1 bed/bath and there is one 2 bed/1bath. The demand for rentals in Hibbing is very high keeping the vacancy rate to a minimum. There is an onsite manager who has been there for 12 years and takes care of the maintenance, showings, snow, lawn, and any rent collection for $100 /month! There is a potential to do a garage conversion and add a 5th unit too!

Listed by Joseph Tome • GRAND PROPERTIES REAL ESTATE

Redfin checked: 3 minutes ago (Sept 26, 2023 at 6:23pm)

•Source:NORTHSTARMLS #6436407

Time on Redfin

6 days

Property Type

Residential Income, Quadruplex

Year Built

1940

Community

Hibbing

Lot Size

6,098 Sq. Ft.

List Price

$289,900

Est. Mo. Payment

$2,042

Redfin Estimate

$284,940

Price/Sq.Ft.

$129

Buyer’s Agent Commission

2.4%

Street View

Directions

Payment calculator

$2,042 per month

Principal and interest$1,686

Property taxes$199

Homeowners' insurance$157

Down payment assistance

View down payment assistance programs for this home.

Electricity and solar

View estimated energy costs and solar savings for this home

Internet

View Internet plans and providers available for this home

Provided by Down Payment Resource, Wattbuy, and AllConnect

Open houses

No upcoming open houses

See it with a Redfin Partner agent

Property details for 2310 6th Ave E

Parking

Parking Information

Garage Spaces: 3

Garage Dimensions: 24X12

Garage Sq. Ft.: 288
Carport Spaces: 0

Interior

Basement Information

Has Basement

Basement Features: Block

Heating & Cooling

Heating Information: Boiler

Multi-Family Financial Information

Owner Pays: Electricity, Gas, Grounds Care, Snow Removal, Taxes, Water

Fuel Expense: $175

Water Sewer Expense: $175
Electric Expense: $125
Insurance Expense: $1,620
Manager Expense: $100
Gross Income: $40,140

Multi-Unit Information

# of Units (Total): 4

Unit Type 1 Information

Sq. Ft.: 450

# of Rooms Total: 3

# of Bedrooms: 1
# of Bathrooms: 1
# of Three Quarter Bathrooms: 1
# of Units: 1
Total Rent: $10,020
Actual Rent: $835

Unit Type 2 Information

Sq. Ft.: 830

# of Rooms Total: 5

# of Bedrooms: 2
# of Bathrooms: 1
# of Full Bathrooms: 1
# of Units: 1
Total Rent: $10,800
Actual Rent: $900

Unit Type 3 Information

Sq. Ft.: 830

# of Rooms Total: 4

# of Bedrooms: 1
# of Bathrooms: 1
# of Three Quarter Bathrooms: 1
# of Units: 1
Total Rent: $10,020
Actual Rent: $835

Unit Type 4 Information

Sq. Ft.: 288

# of Rooms Total: 4

# of Bedrooms: 1
# of Bathrooms: 1
# of Three Quarter Bathrooms: 1
# of Units: 1
Total Rent: $9,300
Actual Rent: $775

Exterior

Building Information

Construction Materials: Metal Siding

Foundation Area: 900

Roof: Age 8 Years or Less, Asphalt

Exterior Features

Fencing: Chain Link

Property Information

Total Sq. Ft.: 2,250

Above Ground Total Sq. Ft.: 1,350

Below Ground Total Sq. Ft.: 900
FractionalOwnershipYN: No
Owner Occupied: No
Property Type: Residential Income
Property Sub Type: Quadruplex
Above Grade Finished Area: 1,350
Below Grade Finished Area: 900
Range Num: Four

Lot Information

Lot Size Area: 0.14

Lot Size Units: Acres

Lot Size Dimensions: 50x125x50x125

Financial

Tax Information

Tax Annual Amount: $2,382

Tax Year: 2022

Tax With Assessments: $2,382

Lease / Rent Details

RentalLicense Y/N: No

Tenant Pays: Cable TV

Utilities

Utility Information

Water Source: City Water/Connected

Electric: 100 Amp Service

Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

School Information

High School District: Hibbing

School District Number: 701

School District Phone: 218-263-4850

Location Information

Directions: From Hwy 169 turn East on 25th st then North on 6th Ave to address. (Across from the memorial building parking lot, no sign at the property)

Map Coordinate: 999-A1

Other

Listing Information

Buyer Agency Compensation: 2.4

Buyer Agency Compensation Type: %

Sub Agency Compensation Type: %
Transaction Broker Compensation: 1
Transaction Broker Compensation Type: %

Home Information

Living Area: 2250

Main Level Finished Area: 900.0000

Foundation Dimensions: 30X30
Age Of Property: 83
Levels: One and One Half

Details provided by NORTHSTARMLS and may not match the public record. Learn more.

Sale and tax history for 2310 6th Ave E

Sale History
Tax History

Public facts and zoning for 2310 6th Ave E

Beds

Baths

Finished Sq. Ft.

1,350

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,350

Stories

1.5

Lot Size

6,248 Sq. Ft.

Style

Multi-Family (2-4 Unit)

Year Built

1940

Year Renovated

1950

County

St. Louis County

APN

140-0090-01630

Home facts updated by county records on Sep 26, 2023.

Zoning

Working on getting current and accurate zoning information for this home.Learn more

Schools

GreatSchools Summary Rating

-/10

Washington Elementary School

Public, K-2 • Serves this home • 0.5mi

6/10

Lincoln Elementary School

Public, 3-6 • Serves this home • 0.3mi

6/10

Hibbing High School

Public, 7-12 • Serves this home • 0.2mi

3/10

Mesabi Area Learning Center

Public, 9-12 • Nearby school • 0.2mi

School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.

Around this home

Transportation near 2310 6th Ave E

73/100

Very walkable

Walk Score®

45/100

Somewhat bikeable

Bike Score®

Places

2 groceries, 25 restaurants, 1 park

Transit

Working on getting accurate and current transit info for this home.

Climate risks

About climate risks

Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.

Risk Factor

Flood Factor - Minimal

Unlikely to flood in next 30 years

Fire Factor - Moderate

3% chance of being in a wildfire in next 30 years

Heat Factor - Minimal

7 days above 90° expected this year, 12 days in 30 years

Wind Factor - Minimal

Minimal risk of severe winds over next 30 years

Provided by First Street Foundation

Redfin Estimate for 2310 6th Ave E

$284,940

$4,960 under list price of $290K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $205K to $325K..

1 / 33
SOLD SEP 7, 2023
$267,800 Sold Price
5 Beds
2.5 Baths
1,994 Sq. Ft.
4560 Shaw Rd, Hibbing, MN 55746
$5/sq ft
larger lot
35 years newer
4560 Shaw Rd, Hibbing, MN 55746
1 / 23
SOLD APR 24, 2023
$307,000 Sold Price
3 Beds
2 Baths
2,218 Sq. Ft.
9040 Clinton Rd, Iron, MN 55751
$9/sq ft
larger lot
36 years newer
9040 Clinton Rd, Iron, MN 55751
1 / 32
SOLD JUN 7, 2023
$205,000 Sold Price
3 Beds
2 Baths
2,095 Sq. Ft.
805 6th Ave NE, Chisholm, MN 55719
$31/sq ft
larger lot
38 years newer
805 6th Ave NE, Chisholm, MN 55719
1 / 16
SOLD AUG 28, 2023
$265,000 Sold Price
3 Beds
1.75 Baths
2,528 Sq. Ft.
5418 Daisy Ave, Mt. Iron, MN 55792
$24/sq ft
larger lot
36 years newer
5418 Daisy Ave, Mt. Iron, MN 55792
1 / 27
SOLD AUG 10, 2023
$225,000 Sold Price
3 Beds
3 Baths
1,870 Sq. Ft.
5418 Daffodil Ave, Mountain Iron, MN 55792
$9/sq ft
larger lot
36 years newer
5418 Daffodil Ave, Mountain Iron, MN 55792
1 / 34
SOLD JUN 16, 2023
$325,000 Sold Price
3 Beds
2 Baths
2,950 Sq. Ft.
600 3rd Ave NE, Chisholm, MN 55719
$19/sq ft
larger lot
56 years newer
600 3rd Ave NE, Chisholm, MN 55719

Real estate market insights for 2310 6th Ave E

Multi-Family Home sales (last 30 days)

55746ZIP
$109K
Median list price
29
Median days on mkt.
1
# listed homes
$83
Median $ / sq. ft.
96.8%
Median sale-to-list
1
# sold homes
HibbingCity
$109K
Median list price
29
Median days on mkt.
1
# listed homes
$83
Median $ / sq. ft.
96.8%
Median sale-to-list
1
# sold homes
St. Louis CountyCounty
$207K
Median list price
46
Median days on mkt.
15
# listed homes
$61
Median $ / sq. ft.
91.1%
Median sale-to-list
2
# sold homes

Market competition in 55746

Calculated over the last 3 months

Somewhat Competitive

Redfin Compete Score™

100

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 33 days.
Hot homes can sell for about 2% above list price and go pending in around 8 days.

Compare to nearby zip codes

55744 is very competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 31 days.
Hot homes can sell for about 3% above list price and go pending in around 6 days.

55792 is very competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 14 days.
Hot homes can sell for about 2% above list price and go pending in around 5 days.

Loading tour information...

You'll hear from a local agent in about 18 minutes

Start an offer

Nearby similar homes

Homes similar to 2310 6th Ave E are listed between $90K to $90K at an average of $40 per square foot.

1 / 33

$89,500

4 Beds

2 Baths

2,250 Sq. Ft.

314 N 3rd St E, Aurora, MN 55705

Nearby recently sold homes

Nearby homes similar to 2310 6th Ave E have recently sold between $60K to $600K at an average of $110 per square foot.

1 / 23

SOLD AUG 30, 2023

$70,000 Last Sold Price

4 Beds

2 Baths

1,516 Sq. Ft.

707 Garfield, Eveleth, MN 55734

1 / 2

SOLD MAY 8, 2023

$85,715 Last Sold Price

6 Beds

4 Baths

—Sq. Ft.

2309 2nd Ave W, Hibbing, MN 55746

1 / 2

SOLD JUN 26, 2023

$86,000 Last Sold Price

4 Beds

2 Baths

—Sq. Ft.

827 N 10th St, Virginia, MN 55792

Frequently asked questions for 2310 6th Ave E

What is 2310 6th Ave E?

How many photos are available for this home?

How much is this home worth?

How long has this home been listed on Redfin?

When was this home built and last sold?

How competitive is the market for this home?

Based on Redfin's market data from the past 3 months, we calculate that market competition in 55746, this home's neighborhood, is somewhat competitive. Homes sell for about 1% below list price and go pending in around 33 days. Hot homes can sell for about 2% above list price and go pending in around 8 days. Compared to nearby markets, 55746 is less competitive than 55744 and less competitive than 55792.

What comparable homes are near this home?

What’s the full address of this home?

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Bay Equity Home Loans

Title Forward

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

NY Standard Operating Procedures

TREC: Info About Brokerage Services, Consumer Protection Notice

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

3320 4th Ave	2205 11th Ave	All 55746 New Listings
3875 Berg Rd	9152 Hakola Rd
4166 Mattson Rd	2307 2nd Ave
2310 6th Ave E	1615 4th Ave East Ave
305 1st Ave Ave N	2202 3rd Ave. Ave W

55746 homes for sale
55768 homes for sale
55747 homes for sale
55769 homes for sale
55719 homes for sale

Apartments for rent in Hibbing	Condos for sale near me
Houses for rent in Hibbing	Agents near me
Houses for sale near me	Hibbing Property Records
Land for sale near me	MN New Listings
Open Houses near me	Hibbing Housing Market

About this home

Payment calculator

Down payment assistance

Electricity and solar

Internet

Open houses

Property details for 2310 6th Ave E

Sale and tax history for 2310 6th Ave E

Public facts and zoning for 2310 6th Ave E

Zoning

Schools

Washington Elementary School

Lincoln Elementary School

Hibbing High School

Mesabi Area Learning Center

Around this home

Transportation near 2310 6th Ave E

Walk Score®

Bike Score®

Places

Transit

Climate risks

Flood Factor - Minimal

Fire Factor - Moderate

Heat Factor - Minimal

Wind Factor - Minimal

Redfin Estimate for 2310 6th Ave E

Real estate market insights for 2310 6th Ave E

Multi-Family Home sales (last 30 days)

Market competition in 55746

Compare to nearby zip codes

Nearby similar homes

Nearby recently sold homes

More real estate resources

Frequently asked questions for 2310 6th Ave E

What is 2310 6th Ave E?

How many photos are available for this home?

How much is this home worth?

How long has this home been listed on Redfin?

When was this home built and last sold?

How competitive is the market for this home?

What comparable homes are near this home?

What’s the full address of this home?