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$650,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 8.607 Acres
  • Updated 5 days ago
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Investors-this one is ready to go! This cash-flowing 8-unit apartment building has had over $125,000 in recent improvements, including four completely renovated units and increased rents. With strong rental income, a solid tenant base, and major updates already completed, this is a great opportunity to step into a well-performing property without taking on a big renovation project. There's also potential for additional income through storage and other opportunities. Whether you're looking to add to your portfolio or jump into a solid investment property, this one is worth a look. Don't miss out!

Full Property Details for 403 W St George Ave

General

  • Price: $650,000
  • Taxes: $5,378 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7123125
  • Updated: 8/8/2026
  • Added to Site: 5 day(s) ago

Interior

  • Appliances: Range, Refrigerator

Parking

  • Parking Features: Asphalt, Paved Lot

Location

  • County: Burnett
  • Township: Grantsburg
  • Driving Directions: From Twin Cities: I-35 N to exit 165 for MN- 70 E Rock Creek/Grantsburg. Follow MN-70 E and WI-70 E. Turn Left on S. Russel St. Turn left onto W. St George Ave. Immediate Left into parking lot.

School Information

  • School District: 2233 - Grantsburg
  • High School District: Grantsburg

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Hot Water Common

Structural Information

  • Exterior Const.: Block
  • Basement: Yes
  • Basement Desc.: Block
  • Foundation Size: 5539
  • Disability Access: None
  • Current Bldg. Use: Residential
  • Year Built: 1962

Lot Features

  • Lot Size (Acres): 8.607
  • Lot Dimensions: 187 x 200
  • Frontage: City Street
  • Zoning: Residential-Multi-Family
  • Lot Description: Corner Lot

Financial Considerations

  • Operating Expenses: $18,898
  • Tax Amount: $5,378
  • Tax Year: 2025
  • Owner Pays: Grounds Care, Snow Removal
  • Tenant Pays: Electricity
  • Pays Electric: Tenant Pays

Disclosures and Reports

  • Legal Description: PCL SE SE
  • Inclusions: Building
  • Property ID: 71312381915404000017000

Listed by RE/MAX Synergy

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Listing agents

— 403 W St George Ave —

  • RE/MAX Synergy

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 403 W St George Ave

School District:Grantsburg School District
NameGradesDistance
Grantsburg Elementary School
475 East James Avenue, Grantsburg, WI 54840
1-30.9 mi
Grantsburg Middle School
500 East James Avenue, Grantsburg, WI 54840
4-81.1 mi
Nelson Elementary School
11486 State Road 70, Grantsburg, WI 54840
PK-K5.7 mi
Grantsburg High School
480 East James Avenue, Grantsburg, WI 54840
9-120.9 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 403 W St George Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/08/2026
Listed
$650,000
145.28%
MLS
4/19/2016
Sold
$265,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 403 W St George Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,378
13%
$441,600
85%
2024
$4,766
6%
$239,000
—
2023
$4,512
-4%
$239,000
—
2022
$4,685
-3%
$239,000
—
2021
$4,840
11%
$239,000
—
2020
$4,365
-5%
$239,000
—
2019
$4,613
13%
$239,000
—
2018
$4,087
-3%
$239,000
—
2017
$4,235
41%
$239,000
30%
2016
$3,014
-5%
$183,300
—
2015
$3,167
—
$183,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RE/MAX Synergy

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403 W Saint George Avenue, Grantsburg, WI 54840 (MLS# 7123125) is a Commercial property. 403 W Saint George Avenue is currently listed for $650,000 and was received on August 08, 2026. Want to learn more about 403 W Saint George Avenue? Do you have questions about finding other Commercial real estate for sale in Grantsburg? You can browse all Grantsburg real estate or contact a Coldwell Banker agent to request more information.

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