1311 Summit Avenue, Detroit Lakes, MN 56501
11 Beds | 7 Baths | 6,892 Sq Ft | Home | MLS# 7082979
Is 1311 Summit Avenue a Good Deal?
BuyPulse Verdict
Excellent Value
At $138/sqft — This home is priced 47% below the Detroit Lakes median of $258/sqft.
Powered by the Realgorithm™ — 143 active Detroit Lakes listings · NorthstarMLS
$6,073/month Estimated
- Principal & interest
- $4,804
- Property taxes
- $715
- Home insurance (est.)
- $554
- HOA dues
- None
20% down ($190,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Iversons Add, Detroit Lakes, MN.
About This Home
This one-of-a-kind 4-plex is perfectly situated within the 1st block of the Detroit Lake City Beach and The Heartland State Trail, directly across the street from People’s Park and just up the street from Zorbaz, not to mention Kent Freeman Arena, The Becker County Fairgrounds, MN Flyers Gymnastics, and more — offering unbeatable convenience and appeal for tenants. Extensive renovations have been completed on multiple units in recent years, featuring modern appliances, updated flooring, kitchen remodels, bathroom updates, new lighting, and thoughtful insulation improvements. The property continues to benefit from strong rental performance and has established itself as a reliable source of income. The 5-bed/3-bath unit is fully furnished and turnkey for immediate occupancy. The 2-bed unit will be vacant and available at the end of the month. Whether you’re an investor looking for steady cash flow or someone seeking to live in a unique multi-family property with strong upside and increasing value in a high-demand area for future development, this is truly a standout opportunity.
Virtual Tour
Key Features
- Built
- 1949
- Garage
- 2-Car Detached
- Style
- Two
- HOA
- None
- Annual Taxes
- $8,584 (2025)
Property Details
- Property Type
- Fourplex
- Above Grade Sq Ft
- 5,892
- Below Grade Sq Ft
- 1,000
- Lot Size
- 0.43 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Frame
- County
- Becker
- List Date
- 2026-05-29
- Days on Market
- 136 days
- Parcel ID
- 491535000
Financial
- Total Tax incl. Assessments
- $8,584
Home Systems & Utilities
- Heating
- Baseboard, Forced Air, Fireplace(s)
- Electric
- 200+ Amp Service
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Interior Features
- Laundry
- In Unit
Construction & Exterior
Construction & Structure
- Foundation Type
- Poured Concrete
- Foundation Area
- 3,048 sqft
- Total Building Area
- 7,284 sqft
Exterior Features
- Exterior Features
- Steel Siding
- Fenced Area
- Yes
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage, Concrete
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Road Surface
- City Street, Curbs, Sidewalks, Storm Sewer
- Zoning Description
- Residential-Multi-Family
Agent & Office
- List Office
- The Real Estate Company of Detroit Lakes
Price History
Listed at $950,000 on May 29, 2026 — No price changes
1311 Summit Avenue is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1311 Summit Avenue
Associate Broker · Modern Market REALTORS®
Your Detroit Lakes real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by The Real Estate Company of Detroit Lakes · Shown by Modern Market REALTORS®
Buying a home in Detroit Lakes? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7082979 · Data refreshed August 4, 2026
Similar Homes for Sale Near 1311 Summit Avenue, Detroit Lakes, MN
- 129 Altavista Drive — $950,000 · 4 bed · 3 bath
- 24047 Sandy Beach Drive — $995,000 · 4 bed · 4 bath
- 25190 E Cozy Cove Road — $849,900 · 4 bed · 3 bath
- 26536 Lake Hills Road — $845,000 · 5 bed · 4 bath
- 32360 SW Pickerel Lake Road — $840,000 · 4 bed · 3 bath
- 13280 Fairhaven Lane — $799,000 · 2 bed · 2 bath
Frequently Asked Questions About 1311 Summit Avenue
- Is $950,000 a good price for a home in Detroit Lakes?
- According to BuyPulse, 1311 Summit Avenue rates Excellent Value — at $138/sqft it's priced 47% below the Detroit Lakes median of $258/sqft. Powered by the Realgorithm™. Browse Detroit Lakes homes for sale to compare.
- Does 1311 Summit Avenue have a basement?
- Yes, 1311 Summit Avenue has a basement with 1,000 sq ft of below-grade space.
- What type of heating and cooling does 1311 Summit Avenue have?
- 1311 Summit Avenue has Baseboard, Forced Air, Fireplace(s) heating.
- Where is 1311 Summit Avenue located?
- 1311 Summit Avenue is in the Iversons neighborhood of Detroit Lakes, MN 56501, in Becker County.
- Is 1311 Summit Avenue still available?
- Yes — 1311 Summit Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1311 Summit Avenue built?
- 1311 Summit Avenue was built in 1949. It features frame construction, an asphalt roof, and a poured concrete foundation.
- How walkable is 1311 Summit Avenue?
- 1311 Summit Avenue has a Walk Score of 46/100 (Car-Dependent) and a Bike Score of 52/100 (Somewhat Bikeable). Scores provided by Walk Score® →
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Detroit Lakes area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 1:17 AM CDT. 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.
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.