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Want to see this property?

163 W Iowa Avenue W

Newfolden, MN 56738

– beds
– baths
3,200 sqft
$55 per sqft
1973 build
– on site

Looking to invest in a very nice piece of property? Look no further. This 4 plex apartment has been in Newfolden since 1973. The boiler system is only 3 years old and the roof is less than 5 years old. With a few repairs you could make this building shine! Call today for a showing.

Listing courtesy of NORTHSTAR / Shelly Guzek / Hometown Realty

Last checked: Checking… • Last updated Mar 21, 2025 •

MLS# 6688780 —

The Building

Year Built:

1973
New Construction:

false
Age Of Property:

52
Construction Materials:

Vinyl Siding
Construction Materials Desc:

Timber/Post & Beam
Roof:

Age 8 Years or Less, Asphalt
Accessibility Features:

Other
Levels:

Split Entry (Bi-Level)
Main Level Finished Area:

1600.0000
Basement:

None
Basement:

false
Foundation Area:

1600
Foundation Dimensions:

32 x 50
Building Area Total:

3200
Above Grade Finished Area:

1600
Below Grade Finished Area:

1600

Room Dimensions

Living Area:

3200

Location

Directions:

Turn onto Iow Ave W from Hwy 59 N. Apartment is right behind New Hope Church
Latitude:

48.358351
Longitude:

-96.330301

The Property

Parcel Number:

540008000
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Duplex Up and Down
Additional Parcels:

false
Lot Features:

Irregular Lot
Lot Size Area:

0.69
Lot Size Dimensions:

150 x 200 approx
Lot Size Units:

Acres
Road Frontage Type:

City Street, Unpaved Streets
Road Responsibility:

Public Maintained Road
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

1202
Tax With Assessments:

1202.0000

Heating & Cooling

Heating:

Boiler

Utilities

Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Four

Schools

High School District:

Marshall County Central Schools

The Community

Subdivision Name:

Newfolden
Association Amenities:

Common Laundry, Coin-op Laundry Owned
Assessment Pending:

No

Extra Units

# of Units Total:

4

Explore the Area

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Bike Score®

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Sale history

Date	Event	Source	Price	% Change
3/20/25 Mar 20, 2025	Listed / Active	NORTHSTAR	$176,000

Multifamily For Sale

$176,000

Listing provided by broker:

Shelly Guzek

Hometown Realty

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This multifamily located in Newfolden, MN 56738 is currently for sale for $176,000. 163 W Iowa Avenue W is a 3,200 square foot multifamily with – beds and – baths that has been on Estately for 9 days. This multifamily is in the attendance area of Viking Elementary School, Marshall County Central High School, and Newfolden Elementary School.

Listing Courtesy of: NORTHSTAR and Hometown Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by 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.