107 Minnesota Avenue E,Walker, MN 56484
Walker, MN 56484
Description
Exceptional investment opportunity in Walker, Minnesota, overlooking the shores of Leech Lake. This fully remodeled 14-unit apartment property offers strong income potential with a cap rate over 7% in one of northern Minnesota's most popular year-round destinations. The property features one spacious 3-bedroom, 1-bath unit, ten 1-bedroom, 1-bath units, and three efficiency units. All 14 units have been recently renovated with updated interiors and modern finishes, creating a turnkey opportunity with limited immediate capital improvements needed. Three units are currently operated as Airbnb rentals, providing a blend of long-term and short-term rental income and the opportunity to capitalize on Walker's strong tourism market. The setting offers scenic views of Leech Lake while providing convenient access to downtown Walker, dining, shopping, marina access, and area recreation. Boating, fishing, snowmobiling, biking, and trail systems draw visitors to the area throughout the year. With its remodeled condition, diversified rental strategy, lake views, and desirable Walker location, this property presents an attractive opportunity for investors seeking established cash flow with additional income and long-term growth potential.
Details
| MLS # | 7146450 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 14 |
| Listing Provided By | Coldwell Banker Realty | Daniel Jewell |
Features
| Bed(s) | 16 |
|---|---|
| Bath(s) | 14 |
| SQ Feet | 5,233 |
| Garage | 6 |
| Story(s) | 1 |
| Units | 14 |
| Zoning | Business/Commercial |
| Acreage | 1.50 |
| Water Front | Yes |
| Property View | North |
Interior
| Cooling | Wall Unit(s) |
|---|---|
| Heating | Baseboard |
Exterior
| Roof | Age 8 Years or Less |
|---|---|
| Construction Materials | Frame |
Parking
| Parking Features | Detached Garage, Asphalt, Parking Lot |
|---|
Utilities
| Utilities | Electric Common, Heating Common |
|---|
Taxes
| Property | 8596 |
|---|
Area Information
| State | MN |
|---|---|
| County | Cass |
| City | Walker |
| Zip Code | 56484 |
| Community Name | Commercial Clubs 1st Add |
| School District | 113 |
| High School | Walker-Hackensack-Akeley |
| Listing VS Median (in Commercial Clubs 1st Add) | |
Price: $1,150,000 low | high Med: $819,500 sqft: 5,233 low | high Med: 6,617 $ / sqft: $220 low | high Med: $140 On site: 14 low | high Med: 40.5 | |
Market Activity 56484
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 3, 2026 at 11:43:17 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
Contact
Learn More About This Property
| State | MN |
|---|---|
| County | Cass |
| City | Walker |
| Zip Code | 56484 |
| Community Name | Commercial Clubs 1st Add |
| School District | 113 |
| High School | Walker-Hackensack-Akeley |
| Listing VS Median (in Commercial Clubs 1st Add) | |
Price: $1,150,000 low | high Med: $819,500 sqft: 5,233 low | high Med: 6,617 $ / sqft: $220 low | high Med: $140 On site: 14 low | high Med: 40.5 | |
Coldwell Banker Crown Realtors | (320) 762-2172 | 40733026
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
