Savvy Avenue
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$950,000
Monthly Est:$4,728
11 Beds
7 Baths
6,892sqft
1311 Summit Ave, Detroit Lakes, MN 56501
$950,000
$4,728/moEst:
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Quadruplex
Built in 1949
$-- HOA
0.43 acre lot
$138/sq.ft
Description
This one-of-a-kind 4-plex is perfectly situated within the 1st block of the Detroit Lake City Beach and The Heartland State Trail, directly across the street from People’s Park and just up the street from Zorbaz, not to mention Kent Freeman Arena, The Becker County Fairgrounds, MN Flyers Gymnastics, and more — offering unbeatable convenience and appeal for tenants. Extensive renovations have been completed on multiple units in recent years, featuring modern appliances, updated flooring, kitchen remodels, bathroom updates, new lighting, and thoughtful insulation improvements. The property continues to benefit from strong rental performance and has established itself as a reliable source of income. The 5-bed/3-bath unit is fully furnished and turnkey for immediate occupancy. The 2-bed unit will be vacant and available at the end of the month. Whether you’re an investor looking for steady cash flow or someone seeking to live in a unique multi-family property with strong upside and increasing value in a high-demand area for future development, this is truly a standout opportunity.
- Houzeo last checked: 12 hours ago
- Listing updated: August 4, 2026 at 6:32 pm
- Listing Provided by: Christopher Howard Nord (218) 234-1357 | The Real Estate Company of Detroit Lakes (218) 844-8008
- Source: Northstar MLS-MN | MLS#: 7082979
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1949
HOA Fees
-
Finished Area
6,892 sqft
Lot Size
0.43 acre lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7082979
Days on Market
133
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 7
Interior
Sewer
City Sewer/connected
Heating
Baseboard, Forced Air, Fireplace(s)
Exterior Features
Steel Siding
Construction
Year Built
Year Built: 1949
Home type
Quadruplex
Foundation Details
Poured Concrete
Roof
Asphalt
Construction Materials
Frame
Utilities & Energy
Electric
200+ Amp Service
Water Source
City Water/connected
Basement
Partial, Partially Finished
Parking Features
Detached Garage, Concrete
Laundry Features
In Unit
Other Features
Lot Features
Tree Coverage Medium
Subdivision Name
Iversons Add
Price History
| Date | Event | Price |
|---|---|---|
08/04/2026 Source: | Listed for Sale | $950,000 +46.15% $138/sqft |
05/28/2024 Source: | Price Increased | $650,000 +4.00% $94/sqft |
02/02/2024 Source: | Price Decreased | $625,000 -3.85% $91/sqft |
02/15/2022 Source: | Sold | $650,000 $94/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 09, 2026, 02:31PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the 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.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Advertising Broker: Moe Mossa (Savvy Avenue) (612) 490-1268 | Savvy Avenue, LLC