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MLS# 7083985 - 30 Graceson Avenue S Akeley, MN 56433
Investment opportunity in the heart of Akeley! This well-maintained 8-unit apartment complex offers an excellent chance to own a fully occupied income-producing property in one of northern Minnesota's most desirable lake regions. Situated on a convenient half-acre city lot, the property features eight 1-bedroom, 1-bath units with updated flooring, spacious layouts, city water and sewer, separate electric service, and ample off-street parking. Tenants enjoy easy access to downtown Akeley, Walker, Leech Lake, and the area's endless outdoor recreation opportunities including boating, fishing, ATV trails, snowmobiling, hunting, and public land access. The property is located just minutes from local restaurants, shopping, parks, and area employers, making it an attractive housing option year-round. The building consists of approximately 7,200 finished square feet and has demonstrated strong rental demand with stable occupancy. Utilities are separately metered for electric, while the property benefits from low-maintenance vinyl siding and a straightforward management structure. Whether you're looking to expand your investment portfolio or acquire a turnkey multifamily asset in a growing recreational market, this property delivers immediate cash flow and long-term upside potential. Financial information available upon request.

Coldwell Banker Realty is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Jill Macnamara is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Jill Macnamara, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 6/2/2026 5:01:00 PM.

Investment opportunity in the heart of Akeley! This well-maintained 8-unit apartment complex offers an excellent chance to own a fully occupied income-producing property in one of northern Minnesota's most desirable lake regions. Situated on a convenient half-acre city lot, the property features eight 1-bedroom, 1-bath units with updated flooring, spacious layouts, city water and sewer, separate electric service, and ample off-street parking. Tenants enjoy easy access to downtown Akeley, Walker, Leech Lake, and the area's endless outdoor recreation opportunities including boating, fishing, ATV trails, snowmobiling, hunting, and public land access. The property is located just minutes from local restaurants, shopping, parks, and area employers, making it an attractive housing option year-round. The building consists of approximately 7,200 finished square feet and has demonstrated strong rental demand with stable occupancy. Utilities are separately metered for electric, while the property benefits from low-maintenance vinyl siding and a straightforward management structure. Whether you're looking to expand your investment portfolio or acquire a turnkey multifamily asset in a growing recreational market, this property delivers immediate cash flow and long-term upside potential. Financial information available upon request.

Coldwell Banker Realty is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Jill Macnamara is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Jill Macnamara, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 6/2/2026 5:01:00 PM.