$165,000
1105 16th Avenue E
Hibbing, MN 55746
MLS# 7126492
4 beds  |  3 baths  |  2472 sqft


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Photo 1 Back Unit Entrances Unit A Living Room Unit A Dining Room Unit A Kitchen Unit A Unit A Unit A Bedroom 1 Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B IMG_1880.jpeg Unit C Unit C Unit C Unit C Basement Common Space Basement Laundry Basement Storage Lockers Unit A Unit B Unit C Basement & Laundry

Property Description
Investment Opportunity. All three units are rented Close to parks, the golf course, and the bike trails run all the way from Grand Rapids to Ely! Located right on the bus line for easy and inexpensive commute to work, shopping, schools, and medical facilities.

Details
Maps
Documents
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $165,000
Original List Price: 165000
ListPrice: 165000
List Date: 2026-08-13
Office/Member Info
Association: ICBR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1920
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 25x125
Acres: 0.07
Main Floor Total SqFt: 912
Below Grd Total SqFt: 672
Above Ground SqFt: 1800
Total SqFt: 2472
Total Finished Sqft: 1800.00
Foundation Size: 912
Style: (MF) Triplex
Garage Stalls: 0
Assessment Pending: Unknown
Bedrooms: 4
Baths Total: 3
Location, Tax and Other Information
Legal Description: LOT: 0030 BLOCK:011
Listing City: Hibbing
Map Page: 999
Municipality: Hibbing
School District: Hibbing
School District Phone: 218-263-4850
Zip Plus 4: 6146
Property ID Number: 140005002020
Tax Year: 2026
Tax Amount: 1788
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Investment Opportunity. All three units are rented Close to parks, the golf course, and the bike trails run all the way from Grand Rapids to Ely! Located right on the bus line for easy and inexpensive commute to work, shopping, schools, and medical facilities.
Directions: In Town
Accessible
None: 1
Amenities Shared
Coin-op Laundry Leased: 1
Assessments
Assessment Balance: 0
Assessment Installment: 0
Tax With Assessments: 1788
Basement
Foundation Dimensions: 24x48
Partial: 1
Shared Access: 1
Storage/Locker: 1
Sump Pump: 1
Building Information
Finished SqFt Above Ground: 1800
Construction Materials
Frame: 1
Construction Status
Previously Owned: 1
Electric
100 Amp Service: 1
Exterior
Engineered Wood: 1
Fencing
Chain Link: 1
Partial: 1
Foundation
Concrete Block: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Internet Options
Fiber Optic: 1
Laundry
Common Area: 1
Lower Level: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Gravel Lot: 1
Patio, Porch and Deck Features
Porch: 1
Sellers Terms
Conventional: 1
Sewer
City Sewer/Connected: 1
Stories
Two: 1
Unit 1
Furnished?: No
Lease Expiration Date: 2026-10-01
Leased?: Yes
Level: Main Level
Unit Number: 1
Monthly Rent: 1025
Total Rooms: 6
3/4 Baths: 1
Annual Rent: 12500
Finished SqFt: 800
Monthly Expense: 178
No. of Units Like This: 1
Oth Parking Spaces: 1
Total Baths: 1
Total Bedrooms: 2
Unit Details
Total Units: 3
Water
City Water/Connected: 1
Income and Expenses
Annual Caretaker Expense: 0
Annual Electric Expense: 6473.6
Annual Fuel Expense: 0
Annual Gross Expenses: 30
Annual Gross Income: 27614.98
Annual Insurance Expense: 3249
Annual Maintenance Expense: 200
Annual Repair Expense: 600
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 11323.11
No. of Ranges
Three: 1
No. of Refrigerators
Three: 1
Unit 1 Cooling
Window: 1
Unit 2
Furnished?: No
Lease Expiration Date: 2026-10-01
Leased?: Yes
Level: 2nd Level
Unit Number: 2
3/4 Baths: 1
Annual Rent: 10800
Finished SqFt: 650
Monthly Expense: 179
Monthly Rent: 900
No. of Units Like This: 1
Oth Parking Spaces: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 4
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Cooling
Window: 1
Unit 3
Furnished?: No
Lease Expiration Date: 2026-10-01
Leased?: Yes
Level: 3rd Level
Unit Number: 3
3/4 Baths: 1
Annual Rent: 6000
Finished SqFt: 350
Monthly Expense: 179
Monthly Rent: 500
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 3
Location Tax and Other Information
House Number: 1105
Street Name: 16th
Street Suffix: Avenue
Street Direction Suffix: E
Postal City: Hibbing
County: St. Louis
State: MN
Zip Code: 55746
Complex/Dev/Subdivision: Brooklyn
Property Features
Accessible: None
Amenities Shared: Coin-op Laundry Leased
Basement: Partial; Shared Access; Storage/Locker; Sump Pump
Construction Materials: Frame
Construction Status: Previously Owned
Electric: 100 Amp Service
Exterior: Engineered Wood
Fencing: Chain Link; Partial
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Internet Options: Fiber Optic
Laundry: Common Area; Lower Level
Parking Characteristics: Gravel Lot
Sellers Terms: Conventional
Sewer: City Sewer/Connected
Stories: Two
Unit 1 Cooling: Window
Unit 2 Appliances: Range; Refrigerator
Unit 2 Cooling: Window
Water: City Water/Connected

IDX
Listing Office: COLDWELL BANKER NORTHWOODS

Last Updated: August - 15 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.


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