Listed By
Agency Name: eXp Realty
Agency Phone: 612-751-9303
Shown By
Agent Name: Pete Rathjen, Broker
Agent Phone: (651) 308-4550
Agency Title: Counselor Realty
Property Description
**INVESTOR OPPORTUNITY ? INCOME-PRODUCING FOURPLEX IN PINE RIVER! **This 4-unit property has 3 occupied units generating $3,250/month in current gross rental income, or $39,000 annualized, based on seller-provided rents. Current rents: Unit 1 ? $1,700/month; Unit 3 ? $700/month; Unit 4 ? $850/month. Unit 2 is currently vacant and not included in the income figures. Offered at $334,900, the property provides immediate rental income, an established tenant base, and additional upside. Features include 6 bedrooms, 4 bathrooms, approx. 2,508 finished sq. ft., a spacious in-town lot, 2-stall garage, new deck, new kitchen flooring, remote-controlled ceiling fans, and more than $15,000 in recent updates. Conveniently located near downtown Pine River, Pine River-Backus Schools, the Paul Bunyan State Trail, and nearby Norway Lake with public recreational access. Rental figures are seller-provided; buyers and agents to verify rents, leases, expenses, licensing, unit configuration, and measurements.
Property Features
Feature Descriptions
Local Schools
450 Murray Avenue, Pine River, MN 56474
I will get in touch with you shortly.
Estimate Your Payment
Estimated Payment
$ 2,231.32 per month $1,782.48 Principal & Interest $351.17 Property Tax $97.68 Homeowner's InsuranceChange Payment Information
Near By
Demographics
450 Murray Avenue, Pine River, MN 56474
Send an email with a link to
450 Murray Avenue, Pine River, MN 56474.
Select a format below, new window will open and will prompt you to print.
By searching Listing Data you agree to this End User License Agreement
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Terms of Use
Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 08/23/2026. The listing information on this page last changed on 08/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 08/23/2026 12:08:45 AM EST) or RMLS-MN MLS (last updated Sun 08/23/2026 12:02:26 AM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
By searching Listing Data you agree to this End User License Agreement
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
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.
Privacy Policy / DMCA Notice / ADA Accessibility
450 Murray Avenue | MLS# 7130852
This multi-family property located at 450 Murray Avenue, Pine River, MN 56474 is currently listed for sale with an asking price of $334,900. Murray Avenue is located within the Pine River-Backus school district. Search Pine River real estate on prathjen.counselorrealty.com today.