This 3 apartment complex cash flows very well. There are 3 units, 2 units that are 2 bedrooms, 1 bath and 1 Unit that is 1 bedroom, 1 bath. In Addition there is one unit for office space in front of the building. The 2 large pole buildings are rented for boat storage. Currently that renter pays a monthly fee and manages the storage. New owner could manage that part and gain much more income if they want to manage themselves. Great opportunity for an investment property that has a proven track record of cash flow.
Single-familyProperty Type
5.97 acresLot Size
$163Est. Price/Sq.Ft.
20 car garageParking
Listed by Chad Schwendeman• Exit Lakes Realty Premier
Listed by Jeffrey Isom
Source:NORTHSTARMLS as Distributed by MLS Grid #5432949
Redfin Estimate
$469,566
$258K since sold in April 2023$8,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 20.2% higher than the average sale price ($391K) of 6 comparable homes.
This 3 apartment complex cash flows very well. There are 3 units, 2 units that are 2 bedrooms, 1 bath and 1 Unit that is 1 bedroom, 1 bath. In Addition there is one unit for office space in front of the building. The 2 large pole buildings are rented for boat storage. Currently that renter pays a monthly fee and manages the storage. New owner could manage that part and gain much more income if they want to manage themselves. Great opportunity for an investment property that has a proven track record of cash flow.
NORTHSTARMLS as Distributed by MLS Grid #4954036
Aug 28, 2018
Sold
$165,000
$57/sq ft
Aug 9, 2018
Pending
—
Jul 31, 2018
Contingent
—
May 29, 2018
Listed
$175,000
$61/sq ft
+19
Tri Plex just waiting for you! Have 2 of the units help you make the payment! 4,608 & 4,320 sq pole barns for additional $600 per month storage income. Asphalt parking area, baseboard hot water heat, drilled well, mound septic system...this property CASH FLOWS!
NORTHSTARMLS as Distributed by MLS Grid #4849147
Oct 17, 2017
Listing Removed
—
Oct 4, 2017
Relisted
—
Oct 1, 2017
Listing Removed
—
Jun 30, 2017
Listed
$169,900
$59/sq ft
NORTHSTARMLS as Distributed by MLS Grid #4184624
Aug 20, 2013
Listing Removed
—
Aug 20, 2012
Listed
$219,000
$76/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,270 (−14.2%)
2025
$4,974 (+21.1%)
2024
$4,108 (+9.0%)
2023
$3,768 (+14.0%)
2022
$3,304 (+14.2%)
2021
$2,892 (−21.5%)
2020
$3,684 (+5.1%)
$53,600 + $179,200
$232,800
2019
$3,506 (+7.4%)
$53,600 + $166,100
$219,700
2018
$3,264 (−7.4%)
$48,600 + $152,400
$201,000
2017
$3,524 (−11.2%)
$48,600 + $154,600
$203,200
2015
$3,968 (−4.5%)
$47,000 + $169,600
$216,600
2014
$4,156 (−2.9%)
$46,600 + $169,600
$216,200
2013
$4,282 (−23.0%)
$46,200 + $171,900
$218,100
2012
$5,562
$59,700 + $222,100
$281,800
Tax history for 10474 Stevens Rd
Year
Property tax
Land + Additions
Assessment*
2026
$4,270 (−14.2%)
2025
$4,974 (+21.1%)
2024
$4,108 (+9.0%)
2023
$3,768 (+14.0%)
2022
$3,304 (+14.2%)
2021
$2,892 (−21.5%)
2020
$3,684 (+5.1%)
$53,600 + $179,200
$232,800
2019
$3,506 (+7.4%)
$53,600 + $166,100
$219,700
2018
$3,264 (−7.4%)
$48,600 + $152,400
$201,000
2017
$3,524 (−11.2%)
$48,600 + $154,600
$203,200
2015
$3,968 (−4.5%)
$47,000 + $169,600
$216,600
2014
$4,156 (−2.9%)
$46,600 + $169,600
$216,200
2013
$4,282 (−23.0%)
$46,200 + $171,900
$218,100
2012
$5,562
$59,700 + $222,100
$281,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Exterior
Property Information
Living Sq. Ft: 2,880
Legal Description: S 650 FT OF W 400 FT OF SW OF SE SEE 4/5/93 SKETCH 28 42 26 5.97
Lot Information
# of Buildings: 1
Land Sq. Ft: 260,053
Municipality Name: SOUTH HARBOR TWP
Acres: 5.97
County Use Description: RESIDENTIAL SINGLE UNIT DWELL
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,880
Stories: —
Lot Size: 5.97 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Mille Lacs County
APN: 170280801
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Onamia Primary School
Public PreK-2 • Assigned • 2.8mi
Onamia High School
Public 7-12 • Assigned • 2.8mi
3/10
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
4/10 Fire Factor
1% chance of being in a wildfire in next 30 years
1/10 Heat Factor
7 days above 94° expected this year, 12 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Onamia, MN • 56359
Average low and high temperatures (°F)
18
1
26
8
42
23
51
33
66
44
74
56
79
61
75
59
74
54
60
42
41
28
25
11
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.9 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$447,000 – $541,000
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