2328 1st Ave, Hibbing, MN, 55746
About This Home
What an opportunity to have your own retail/office or even converting this space for a 4th apartment combined with three 1 bedroom apartments, off street parking. Why rent when you can own and produce income. Tenants may be present during showing.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Concrete Perimeter,Stone
- Construction materials: Brick,Vinyl,Frame/Wood
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
Features
- Finished area below ground: 0
- Finished area above ground: 4,000
Heating
- Heating features: Hot Water,Natural Gas
Interior Area
- Total interior livable area: 4,000 sqft
Property
Details
- Parcel number: 140009003190
- Foundation area: 2000
Lot
- Lot size: 3,049 sqft
- Lot size dimensions: 25 x 125
Parking
- Parking features: None
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
- Winter Weather
- Lightning
- Hail
- Heat Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in St. Louis 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 | $505 | $6,060 |
| Home Insurance * | $149 | $1,788 |
| Property Taxes | $176 | $2,112 |
| Electricity | $337 | $4,048 |
| Total | $1,167 | $14,004 |
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 |
|---|---|---|
| 2025-12-04 | Price change | $125,000 |
| 2025-10-14 | Listed for sale | $149,000 |
| 2023-01-18 | Sold | $90,000 |
| 2018-04-04 | Sold | $30,000 |
| 2012-12-18 | Sold | $30,000 |
| 2004-09-20 | Sold | $140,000 |
View on Zillow