Date
Details
Price
Change
Source
5/04/2026
Listed
$379,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$379,000 Just Listed
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Property Description
Excellent investment opportunity in the heart of the Brainerd Lakes Area. This well-maintained 6-unit property offers a strong unit mix with three two bedroom apartments, two one-bedroom units and one efficiency unit. Property has good rental history all units are month to month at this time. Additional lot is included in this property and could be developed for future use. Current owner provides his own lawn care and snow removal and would be available to contract that out in the future for any new owners. This property offers strong income potential in the highly desirable Brainerd Lakes Area. 48 hour notice for all showings.
Full Property Details
Full Property Details for 1401 Norwood St
General
- Price: $379,000
- Taxes: $3,741 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7057390
- Updated: 5/4/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: Gravel
Location
- County: Crow Wing
- Township: Brainerd
- Driving Directions: From Hwy 210 in SE Brainerd, turn Right on SE 13th Street to Left on Norwood Street to #1401.
School Information
- School District: 181 - Brainerd
- High School District: Brainerd
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Separate
Structural Information
- Basement: Yes
- Foundation Size: 1788
- Roof: Age Over 8 Years, Asphalt
- Disability Access: None
- Current Bldg. Use: Residential
- Year Built: 1938
Lot Features
- Lot Size (Acres): 7,500
- Lot Dimensions: 50 x 150 x 50 x 150
- Frontage: City Street
- Zoning: Business/Commercial
- Lot Description: Corner Lot
Financial Considerations
- Operating Expenses: $14,850
- Tax Amount: $3,741
- Tax Year: 2026
- Terms: Conventional, Cash
- Owner Pays: Common Area Maintenance, Gas, Grounds Care, Repairs, Trash Collection
- Tenant Pays: Cable TV, Electricity, Sewer, Water
- Pays Cable: Tenant Pays
- Pays Electric: Tenant Pays
- Pays Gas: Owner Pays
- Pays Trash: Owner Pays
- Pays Water: Tenant Pays
Disclosures and Reports
- Legal Description: Lot 7 Block 11 Lot 8 Block 11
- Inclusions: Building, Leases
- Property ID: 413006545
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Schools
Schools serving 1401 Norwood St
School District:Brainerd Public School District
| Name | Grades | Distance |
|---|---|---|
Harrison Elementary School 1515 Oak Street, Brainerd, MN 56401 | K-4 | 0.1 mi |
Forestview Middle School 12149 Knollwood Drive, Baxter, MN 56425 | 5-8 | 4.7 mi |
Brainerd Senior High School 702 South 5th Street, Brainerd, MN 56401 | 7-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1401 Norwood St
Tax History
Tax History for 1401 Norwood St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,610
14%
$274,000
12%
2024
$3,180
23%
$244,100
—
2023
$2,582
—
$244,100
33%
2023
$2,582
-44%
$183,200
14%
2021
$4,608
55%
$160,100
4%
2020
$2,970
-36%
$154,000
-4%
2020
$4,633
67%
$160,400
4%
2019
$2,776
6%
$154,000
8%
2018
$2,616
1%
$142,400
-1%
2017
$2,592
1%
$143,300
2%
2016
$2,568
—
$140,300
—
2015
$2,560
20%
$140,900
12%
2014
$2,126
10%
$125,400
4%
2013
$1,927
—
$120,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1401 Norwood St
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- Lots/Land
- Active
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Listed by eXp Realty
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,365Sq. Ft.
Listed by Northstar Lakes Realty
Sold by LPT Realty, LLC.
Sold by LPT Realty, LLC.
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,328Sq. Ft.
Listed by Edina Realty, Inc.
Sold by Ashworth Real Estate
Sold by Ashworth Real Estate
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,621Sq. Ft.
Listed by Basswood Real Estate LLC
Sold by eXp Realty
Sold by eXp Realty
- Single Family
- Closed
- 2Beds
- 1Total Bath
- 1,023Sq. Ft.
Listed by Edina Realty, Inc.
Sold by Edina Realty, Inc.
Sold by Edina Realty, Inc.
1401 Norwood St, Brainerd, MN 56401 (MLS# 7057390) is a Commercial property. 1401 Norwood St is currently listed for $379,000 and was received on May 04, 2026. Want to learn more about 1401 Norwood St? Do you have questions about finding other Commercial real estate for sale in Brainerd? You can browse all Brainerd real estate or contact a Coldwell Banker agent to request more information.