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!

Anchor 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.
McGregor Realty & Property is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of McGregor Realty & Property, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 3/15/2026 5:27:00 PM.