1,348 Sq. Ft.
$204 / Sq. Ft.
1,348
Sq. Ft.
$204
per Sq. Ft.

Description

Are you looking to add a vacation rental to your investment portfolio? Here is a rare opportunity to purchase a turnkey-fully furnished and renovated property, currently named 'The Northshore Escape'. This modern farmhouse style home is located on 7th Ave in one of the few locations that allows vacation rentals without going against the city cap. With the significant renovations completed in the last 3 years, this property is ready to welcome guests right away. Inside, you'll find a beautifully updated...Are you looking to add a vacation rental to your investment portfolio? Here is a rare opportunity to purchase a turnkey-fully furnished and renovated property, currently named 'The Northshore Escape'. This modern farmhouse style home is located on 7th Ave in one of the few locations that allows vacation rentals without going against the city cap. With the significant renovations completed in the last 3 years, this property is ready to welcome guests right away. Inside, you'll find a beautifully updated kitchen with extra countertop space for some eat in kitchen dining, along with a full dining room. There are beautiful, refinished hardwood floors throughout that make cleaning between guests a breeze. There are several new windows which will help keep those utility bills in check, along with an updated roof and forced air furnace. The full bathroom upstairs features a tile shower, and the 3/4 bath in the basement helps to secure guests looking for two bathrooms. This property comfortably accommodates up to 6 guests and offers convenient off-street parking. This home is being sold fully furnished and stocked for guests so you can literally start bookings immediately. Its prime location ensures easy access to nearby restaurants, shopping, and entertainment options.
  1. Listed by Alicia Lokke • Messina & Associates Real Estate
    P: (218)-590-0431 alicialokke@gmail.com

Property Details for 520 7th Avenue

Architectural Style
Traditional
Waterfront YN
No
LISTING UPDATED: 09/08/2025 06:19 PM

Property Details for 520 7th Avenue

StatusSold
MLS #6111421
Days on Compass19
Taxes$2,640 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Detached
Year Built1908
Lot Size0.12 AC / 5,227 SF
CountyLake County

Location

Listing Courtesy of Messina & Associates Real Estate

Sold By Edmunds Company, LLP

Add your commute

Building Information for 520 7th Avenue

Stories1Year Built1908Building Size-Lot Size0.12 AC / 5,227 SF

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$1,605 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,385

Property Taxes

$220

HOA Dues

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Property Information for 520 7th Avenue

Summary
Location and General Information
  • Directions: Take MN-61 N. Home is on the right.
  • Latitude: 47
  • Longitude: -92
  • MLSArea Major: LSAR
  • Road Frontage Type: City Street
Parking
  • Garage Spaces: 1.0
  • Garage Type: Detached
  • Parking Features: Gravel
School Information
  • High School District: Lake Superior #381
Taxes and HOA
  • Association YN: No
  • Parcel Number: 23-7661-36025
  • Tax Annual Amount: $2,640.00
  • Tax Legal Description: W1/2 OF LOT 2 BLOCK 36 1ST ADDITION MN IRON COMPANY'S CITY OF TWO HARBORS
  • Tax Year: 2023
Property
Lot Information
  • Above Grade Finished Area: 1278.0
  • Below Grade Finished Area: 70.0
  • Living Area: 1348.0
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Dimensions: 70x75
  • Basement Square Feet: ***
  • Construction Type: Frame/Wood
  • Foundation Dimensions: 16x26 + 14x17
Property and Assessments
  • Development Status: Previously Owned
  • Land Access: ***
  • Remodeled Addition: Yes
  • Possession: Close Escrow
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Year Built: 1908
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Slate
  • Foundation Details: Concrete
  • Roof: Asphalt Shingle
  • Stories Total: 1
Interior Features
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Full
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Cooling: Window Unit(s)
  • Fireplace YN: No
  • Heating: Forced Air, Natural Gas
  • Interior Features: Eat In Kitchen, Hardwood Floors, Dryer Hook-Ups, Washer Hookup
  • Basement Features: Partially Finished,Bath,Washer Hook-Ups,Dryer Hook-Ups
  • Bath Description: 3/4 Basement,Full Upper
  • Dining Room Type: Eat-In Kitchen,Informal Dining Room
  • Extra Rooms: Entry
  • Main Floor Bedroom: 0
Room Information
Room 1
  • RoomLength: 16.5
  • RoomLevel: Main
  • RoomType: Kitchen
  • RoomWidth: 15.2
Room 2
  • RoomLength: 13.11
  • RoomLevel: Main
  • RoomType: Dining Room
  • RoomWidth: 11.3
Room 3
  • RoomLength: 15.3
  • RoomLevel: Main
  • RoomType: Living Room
  • RoomWidth: 13.9
Room 4
  • RoomLength: 9.9
  • RoomLevel: Second
  • RoomType: Bedroom
  • RoomWidth: 7.7
Room 5
  • RoomLength: 9.2
  • RoomLevel: Second
  • RoomType: Bathroom
  • RoomWidth: 4.1
Room 6
  • RoomLength: 15.3
  • RoomLevel: Second
  • RoomType: Bedroom
  • RoomWidth: 10.6
Room 7
  • RoomLength: 11.1
  • RoomLevel: Second
  • RoomType: Bedroom
  • RoomWidth: 10.1
Room 8
  • RoomLength: 11.5
  • RoomLevel: Basement
  • RoomType: Bathroom
  • RoomWidth: 6.1
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2023-11-12
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Lake Country Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No
  • Rental License: Yes

Property History for 520 7th Avenue

DateEvent & SourcePriceAppreciation
May 12, 2026

Off Market

NorthStar #7037098

—
May 11, 2026

Off Market

Lake Superior Area REALTORS #6124043

$344,900—
Apr 13, 2026

Price Change

NorthStar #7037098

$344,900—
DateEvent & SourcePrice
05/12/2026

Off Market

NorthStar #7037098

—
05/11/2026

Off Market

Lake Superior Area REALTORS #6124043

$344,900
04/13/2026

Price Change

NorthStar #7037098

$344,900

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

Public Records for 520 7th Avenue

Taxable ValueLand$26,400Additions$239,000Total$265,400
Tax Record2025$3,768 ($314 / month)
Home Facts
Beds3Total Finished SqFt654 SqFtAbove Grade Finished SqFt654 SqFtStories2StyleSingle Family ResidenceYear Built1908Year Renovated2005CountyLAKEAPN23-7661-36025Fireplace TypeHas Fireplace

Schools near 520 7th Avenue

This home is within Lake Superior Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Private - K to 11
Rating
School
Distance
Minnehaha Elementary School
PublicPK to 5

Two Harbors Secondary
Public6 to 12

Northwoods Christian Academy
PrivateK to 11

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.

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Listing Courtesy of Messina & Associates Real Estate

Based on information submitted to the MLS GRID as of 09/08/2025 06:19 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information 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 data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.