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38804 8th Ave, North Branch, MN, 55056

4beds
2baths
2,232sqft
$289,900
$130price/sqft
$2,109/moest. monthly cost
$84,360/yrincome needed

About This Home

Welcome to the best of both worlds — residential & commercial business. This versatile property is nestled in the heart of downtown North Branch that blends comfortable residential living with exciting commercial business potential. Zoned both B3 Commercial and Residential, this 1,820-square-foot gem offers a rare opportunity for homeowners, entrepreneurs, and savvy investors alike. Whether you dream of running a business from home and/or generating rental income or single family home with Studio Apartment, this property delivers flexibility that most homes simply cannot match. Step inside the main level and discover a three-bedroom residence designed for everyday living and comfort. The kitchen comes equipped with appliances ready to handle family meals and holiday feasts, while the living spaces provide a warm and inviting atmosphere for relaxing after a long day. The main level full bathroom ensures convenience for everyone under the roof, and the layout flows naturally from room to room with an easygoing charm that makes this house feel like home from the moment you walk through the door. Now, here is where things get truly interesting. Head downstairs to the lower level and you will find a fully functional Studio Apartment with its own kitchen, full bathroom, studio bedroom, and — perhaps most importantly — a separate entrance. This self-contained space is perfect for extended family, guests or a studio apartment that could generate supplemental income. Or better yet, run your Professional Business Office upstairs and live downstairs in Studio Apartment. Each floor operates independently with its own entrance, making this property a genuine live-and-work setup for anyone ready to turn their work-from-home dream into reality. Recent updates throughout the home mean you can move in with confidence. A newer furnace and air conditioner keep the climate comfortable year-round, while the water heater and water softener handle the essentials behind the scenes. The washer and dryer are included, saving you the hassle and expense of purchasing new laundry equipment. These thoughtful upgrades add real value and reduce the worry of unexpected maintenance costs right out of the gate. Outside, the property continues to impress. A solid concrete driveway leads to a spacious three-car garage — more than enough room for vehicles, workshop space, storage, or whatever your heart desires. The private in-town lot offers generous outdoor space with a peaceful atmosphere that belies its incredibly convenient location. Speaking of location, Central Park sits just steps away, providing green space and fresh air practically at your doorstep. North Branch Area Public Schools are nearby for families with children, and daily errands are a breeze with grocery shopping and public transit options all within a short distance. You get the tranquility of a private setting with every modern convenience right around the corner. This property is being sold as-is with cash or conventional financing accepted. Buyers with vision will immediately recognize the renovation potential waiting to be unlocked here. Whether you see a polished family home, a thriving home-based business, or a smart investment property, the possibilities are as wide open as your imagination. Do not let this unique opportunity slip away — schedule your showing today and see the potential for yourself.

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
85
BikeVery Bikeable

Schools

3/10
5/10

Construction

Condition

  • Year built: 1967

Materials

  • Construction materials: Block,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Washer,Water Softener Owned
  • Laundry features: Gas Dryer Hookup,Lower Level,Laundry Room,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Block,Finished,Single Tenant Access,Storage Space,Walk-Out Access

Bedroom

  • Level: Main
  • Area: 121
  • Dimensions: 11x11

Bedroom2

  • Level: Main
  • Area: 110
  • Dimensions: 10x11

Bedroom3

  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Bedroom4

  • Level: Lower
  • Area: 100
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Bonus Room

  • Level: Lower
  • Area: 240
  • Dimensions: 12x20

Dining Room

  • Level: Main
  • Area: 121
  • Dimensions: 11x11

Family Room

  • Level: Lower
  • Area: 170
  • Dimensions: 10x17

Features

  • Finished area below ground: 704
  • Finished area above ground: 1,116

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Ductless Mini-Split

Interior Area

  • Total structure area: 2,232
  • Total interior livable area: 2,232 sqft

Kitchen

  • Level: Main
  • Area: 99
  • Dimensions: 11x9

Kitchen2Nd

  • Level: Lower
  • Area: 144
  • Dimensions: 12x12

Living Room

  • Level: Main
  • Area: 220
  • Dimensions: 11x20

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 160039400
  • Zoning description: Business/Commercial,Residential-Single Family
  • Foundation area: 1116

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: None

Lot

  • Lot size: 0.26 Acres
  • Features: Irregular Lot
  • Lot size dimensions: 75 x 150

Parking

  • Total spaces: 3
  • Parking features: Detached Garage,Storage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Hail
Lightning
Strong Wind
Tornado
Winter Weather
Inland Flooding

FEMA Declared Disasters in Chisago County and Minnesota

Flood
Severe Storm
Straight Line Winds

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

MonthlyAnnual
Mortgage $1,465$17,580
Home Insurance *$184$2,208
Property Taxes $272$3,264
Electricity $188$2,259
Total$2,109$25,308
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,308/yr
40% on housing$63,270/yr
45% on housing$56,240/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

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.

Insurance Growth Rate5-year average: 11.0%
11.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$130This listing

vs Other Active Listings

Avg $/sqft

ZIP 55056$174
Chisago County$188

vs Homes Sold Last Month

Median $/sqft

ZIP 55056$197
Chisago County$213

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-16Listed for sale$295,000
2021-04-30Sold$244,000
2021-04-20Pending sale$239,900
2021-03-12Listed for sale$239,900
2019-10-25Sold$215,000
2019-09-09Pending sale$215,000
2019-08-09Listed for sale$215,000
2003-08-05Sold$170,000
2000-12-21Sold$127,500

For Sale by Agent

AgentDavid Saint Germain, MetroHomesMarket.com
BrokerageMetroHomesMarket.com

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