111 2nd St
Aitkin, MN 56431
3 bd 2 ba 1,791 sqft Built 1940 Lot 7,492 sqft multi_family
Most recent sale
$162,500
Mar 15, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 15, 2024 | Sold | $162,500 | NorthstarMLS |
| Dec 29, 2023 | Price changed | $170,000 | NorthstarMLS |
| Oct 25, 2023 | Listed | $175,000 | NorthstarMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $123,463 | $41,665 | $165,128 | $1,668 |
| 2025 | $116,375 | $41,232 | $157,607 | $1,360 |
Property facts
Year built
1940
Property type
multi_family
Stories
2
Beds
3
Baths
2
Living area
1,791 sqft
Lot size
7,492 sqft
ZIP code
56431
City
Aitkin
Street
2nd St
Coordinates
46.53311, -93.70885
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$975
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 111 2nd St last sell?
111 2nd St most recently sold on Mar 15, 2024 for $162,500.
What is the current tax assessment for 111 2nd St?
The most recent total assessment for 111 2nd St (year 2026) is $165,128 with $1,668 in property tax.
How does 111 2nd St's assessment compare to its last sale price?
The current assessment is 1.6% above the last sale price of $162,500.
When was 111 2nd St built?
111 2nd St was built in 1940.
How does 111 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 111 2nd St?
111 2nd St is a 3 bed, 2 bath, 1,791 sqft, 7,492 sqft lot multi_family.
Is 111 2nd St a flip candidate?
No — 111 2nd St does not appear in our flips dataset.
Is 111 2nd St a tax-appeal candidate?
No — 111 2nd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$298.7K
2026 Q4
$298.7K
ZIP 56431 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd St