315 Summit Ave N, Crookston, MN, 56716
About This Home
Looking for a solid investment opportunity? This spacious property offers 3 separate units, each with their own laundry and separate utilities. The lower unit is a one bed/one bath with an office while the two upstairs units each have three bedrooms and two bathrooms. All units are currently rented. This turnkey property provides a great opportunity for both seasoned investors and those just starting to build their real estate portfolio! Included in this sale is a .253 acre vacant lot directly to the east.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1976
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 5
Features
- Finished area above ground: 3,799
Interior Area
- Total structure area: 3,799
- Total interior livable area: 3,799 sqft
Property
Details
- Parcel number: 820158600
- Zoning: A-1
- Zoning description: Limited Development
Lot
- Lot size: 0.32 Acres
- Lot size dimensions: 95 x 147
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Inland Flooding
- Winter Weather
- Strong Wind
- Hail
- Ice Storm
- Lightning
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Polk County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,365 | $16,380 |
| Home Insurance * | $172 | $2,064 |
| Property Taxes | $227 | $2,724 |
| Electricity | $320 | $3,844 |
| Total | $2,084 | $25,008 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Listed for sale | $270,000 |
| 2025-12-15 | Listing removed | $295,000 |
| 2025-02-27 | Listed for sale | $295,000 |
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