$350,000
Price
672 Sq. Ft.
$521 / Sq. Ft.
672
Sq. Ft.
$521
per Sq. Ft.

Description

This unique property offers incredible versatility and income potential for the entrepreneurial-minded buyer. Located directly across the road from the Leech Lake Federal Dam Recreation Area, it is perfectly positioned to capture steady visitor traffic. The main home features a functional floor plan and an oversized attached garage. Two fully renovated and furnished one-bedroom cabins (taken down to the studs in 2022) currently operate as short-term rentals, generating excellent cash flow. Complementing...This unique property offers incredible versatility and income potential for the entrepreneurial-minded buyer. Located directly across the road from the Leech Lake Federal Dam Recreation Area, it is perfectly positioned to capture steady visitor traffic. The main home features a functional floor plan and an oversized attached garage. Two fully renovated and furnished one-bedroom cabins (taken down to the studs in 2022) currently operate as short-term rentals, generating excellent cash flow. Complementing the accommodations are two commercial spaces: a bait shop (completely renovated in 2024) and a gift shop, along with an RV pad and established firewood sales. Additional upgrades include new roofs on all buildings (garage to be completed within the next few weeks), new appliances, a new water softener, a new furnace in the main home, and many other improvements throughout. The sale also includes existing inventory, making this a true turnkey opportunity. Whether you’re looking to expand a resort business, launch multiple income streams, or simply enjoy living and working near the lake, this property presents a rare chance to own a ready-to-go investment in one of Minnesota’s most sought-after recreation areas. Don’t miss it!
  1. Listed by Real Broker,LLC

Property Details for 2 4th Street East

Subdivision Name
Original
Zoning Jurisdiction
Business/Commercial,Residential-Single Family
LISTING UPDATED: 10/18/2025 01:18 PM

Property Details for 2 4th Street East

StatusActive
MLS #6790165
Days on Compass112
Taxes$492 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1950
Lot Size0.51 AC / 22,215 SF
CountyCass County

Location

Listing Courtesy of Real Broker,LLC
Add your commute

Building Information for 2 4th Street East

Stories-Year Built1950Building Size-Lot Size0.51 AC / 22,215 SF

Payment Calculator

$1,747 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,706

Property Taxes

$41

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2 4th Street East

Summary
Location and General Information
  • City Name: Federal Dam
  • County Or Parish: Cass
  • County: Cass-MN
  • Directions: From US Hwy 2, go south on Co Rd 8 NE to sign on left.
  • Latitude: 47.244389
  • Longitude: -94.217384
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Federal Dam
  • City and Location Text: Federal Dam(MN)
  • Postal Code: 56641
  • State Or Province: MN
  • Public Survey Township: 144
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: TBD
  • Tax Annual Amount: $492.00
  • Tax Legal Description: LOTS 7 THRU 10 BLK 14
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 642.0000
School Information
  • High School District: 118 - Northland Community Schools
  • School District Number: 118
  • School District Phone: 218-566-2351
Property
Lot Information
  • Above Grade Fin SQFT: 672.0
  • Below Grade Fin SQFT: 0.0
  • Cultivated Area: 0.0
  • SQFT Total: 672.0
  • Lot Features: Corner Lot
  • Lot Size Area: 0.51
  • Lot Size Dimensions: 120x200
  • Lot Size Square Feet: 21997.8
  • Lot Size Units: Acres
  • Other Structures: Additional Garage, Other, Storage Shed
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 672.0000
  • Building Area Total: 672.0
  • Wooded Area: 0.0
  • Above Grade SqFt Total: 672.0000
  • Below Grade SqFt Total: 0.0000
Property and Assessments
  • Age Of Property: 75
Utilities
  • Electric: Circuit Breakers, 200+ Amp Service
  • Sewer: City Sewer/Connected
  • Water Source: Private
Interior and Exterior Features
Exterior Features
  • Accessibility Features: No Stairs Internal
  • Fencing: Chain Link, Partial, Wood
  • Foundation Area: 672.0
  • Fuel: Electric,Propane
  • Pasture Area: 0.0
  • Pool Features: None
  • Road Frontage Type: Paved Streets
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less, Asphalt, Metal, Pitched
  • Patio Porch Type: Deck
Interior Features
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Basement Type: Crawl Space
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork
  • Bath Desc: Main Floor 3/4 Bath,Main Floor Full Bath
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Count: 3
  • Bedrooms Total: 3
  • Fireplaces Total: 0
  • FireplaceYN: No
  • Cooling: Ductless Mini-Split
  • Dining Room Description: Kitchen/Dining Room
  • DP Resource: Y
  • Garage Dimensions: 24x40
  • Garage Door Height: 9
  • Garage Door Width: 8
  • Garage Square Feet: 960
  • Heating: Ductless Mini-Split, Forced Air
  • Levels: One
  • Room Type: Kitchen, Living Room, Bathroom
  • Room List: Kitchen, Living Room, Bathroom
  • Basement YN: No
Room Information
Room 1
  • Room Level: Main
  • Room Type: Kitchen
Room 2
  • Room Level: Main
  • Room Type: Living Room
Room 3
  • Room Level: Main
  • Room Type: Bathroom

Property History for 2 4th Street East

DateEvent & SourcePriceAppreciation
Sep 29, 2025

Price Change

NorthStar #6790165

$350,000
Sep 29, 2025

Listed (Active)

NorthStar #6790165

DateEvent & SourcePrice
09/29/2025

Price Change

NorthStar #6790165

$350,000
09/29/2025

Listed (Active)

NorthStar #6790165

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2 4th Street East

This home is within Northland Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
Remer Elementary School
PublicPK to 6

Northland Secondary
Public7 to 12

Little Sand
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2 4th Street East is a single family home for sale in Federal Dam, MN 56641. This property was listed for sale on September 29, 2025 by Real Broker,LLC, it's currently listed at $350,000. This listing's school district is Northland Community Schools. Nearby schools include Remer Elementary School, Northland Secondary and Little Sand. 2 4th Street East is a 3-bed, 3-bath, 672 sqft single family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker,LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/07/2026 04:19 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.