Excellent multi-family opportunity in the heart of Babbitt! This well-maintained 4-plex offers incredible flexibility — live in the spacious owner’s unit while generating income from the additional three units and detached garages or utilize the entire property as a strong investment opportunity.
The property features numerous updates, including a new roof on both buildings, new siding, and fresh paint, giving you peace of mind on major components. Tenants enjoy a shared laundry room, while the owner’s unit offers private laundry facilities and a beautiful gas fireplace for added comfort and charm. Additional updates include newer windows and other key improvements throughout.
Located close to lakes, parks, and recreational trails, this property combines strong income potential with an attractive location. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio, this property offers outstanding upside potential.
Opportunities like this don’t last — schedule your showing today!
Active
$449,000
12 Linney St, Babbitt, MN 55706
8beds
4baths
1,730sqft
Est.:
Fourplex
Built in 1977
-- sqft lot
$-- Zestimate®
$260/sqft
$-- HOA
What's special
New sidingDetached garagesBeautiful gas fireplacePrivate laundry facilitiesNewer windowsFresh paint
- 13 days |
- 1,399 |
- 27 |
Zillow last checked: 8 hours ago
Listing updated: March 23, 2026 at 03:00pm
Listed by:
Chessica L Olson 763-257-5080,
Anchor Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7036812
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air, Fireplace(s)
Appliances
- Laundry: Lower Level, Main Level, Coin-op Laundry Owned
Features
- Basement: None
Interior area
- Total structure area: 1,730
- Total interior livable area: 1,730 sqft
- Finished area above ground: 3,460
- Finished area below ground: 0
Property
Parking
- Total spaces: 12
- Parking features: Garage
- Garage spaces: 12
Accessibility
- Accessibility features: Other
Features
- Levels: Two
- Patio & porch: Deck, Patio
- Fencing: None
Lot
- Size: 1.1 Acres
- Dimensions: 200 x 188
- Features: Corner Lot
Details
- Foundation area: 1730
- Parcel number: 105008000054
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Block, Concrete, Frame
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Electric, Propane
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Babbitt Lands In The City
HOA
- Amenities included: Coin-op Laundry Owned, Deck
Location
- Region: Babbitt
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $224,100
- Annual tax amount: $4,290
- Date on market: 3/14/2026
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
$2,007/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2026 | Listed for sale | $449,000+95.2%$260/sqft |
Source: Range AOR #149615 Report a problem | ||
| 4/1/2022 | Sold | $230,000-7.6%$133/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6096273 Report a problem | ||
| 2/21/2022 | Contingent | $249,000$144/sqft |
Source: Range AOR #142275 Report a problem | ||
| 12/22/2021 | Pending sale | $249,000$144/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6099477 Report a problem | ||
| 9/3/2021 | Listed for sale | $249,000+53.2%$144/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6099477 Report a problem | ||
| 8/2/2004 | Sold | $162,500$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,644 +13.2% | $224,100 +7.5% |
| 2023 | $3,220 +15.2% | $208,400 +33.7% |
| 2022 | $2,794 -4.2% | $155,900 +23.2% |
| 2021 | $2,918 | $126,500 -5% |
| 2020 | $2,918 | $133,200 |
| 2019 | $2,918 +1% | $133,200 |
| 2018 | $2,890 +0.8% | $133,200 |
| 2017 | $2,866 -0.8% | $133,200 |
| 2016 | $2,890 +4.6% | $133,200 -7.8% |
| 2015 | $2,764 +21.2% | $144,400 +20.1% |
| 2014 | $2,280 +3.2% | $120,200 |
| 2013 | $2,209 +1.2% | $120,200 |
| 2012 | $2,184 +12.4% | $120,200 -16.8% |
| 2011 | $1,943 +3% | $144,400 |
| 2010 | $1,886 | $144,400 |
| 2009 | $1,886 +38.4% | $144,400 +12.1% |
| 2008 | $1,363 +27.9% | $128,800 +15% |
| 2007 | $1,066 +45.5% | $112,000 +20.3% |
| 2006 | $733 -6.6% | $93,100 +11.1% |
| 2004 | $785 +10.6% | $83,800 +5.5% |
| 2003 | $709 +17.4% | $79,400 +10% |
| 2002 | $604 -14.9% | $72,200 +0.8% |
| 2001 | $710 +0.4% | $71,600 +8.5% |
| 2000 | $707 | $66,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,644/mo
Principal & interest
$2244
Property taxes
$400
More affordability tools
Climate risks
Neighborhood: 55706
Nearby schools
GreatSchools rating
- 5/10Babbitt Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 6/10Northeast Range SecondaryGrades: 7-12Distance: 0.6 mi
Local experts in 55706
- Minnesota
- Saint Louis County
- Babbitt
- 55706
- 12 Linney St
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