FOR SALE BY OWNER
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2 4th Ave E, Federal Dam, MN 56641
2 4th Ave E, Federal Dam, MN 56641, Federal Dam, MN 56641
$290,000
$112/sq ft
3 Beds
4.0 Baths
2,600 Sq Ft
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About This Property
Five Cabins currently ran as a nightly rental business on a .49 acre lot.
If desired- Business name transfer and domain website name (www.damcabins.com) and transfer of ownership of Airbnb and Vrbo bookings. There are bookings for 2027 already.
Four Cabins plus full RV hook-up parking spot with deck and other outbuildings.
Cabin 1 – Bear Den Cabin
• Currently renting for $129 per night for 1-2 guests, $65 for each additional person up to 4 guests. Been operating open beginning of May to mid October since 2022.
• 400 sq ft
• One bedroom with queen bed, twin bed in main living area, couch, tv, kitchen table, full kitchen, and ¾ bath.
• Completely renovated from studs in 2022 – new electric, insulation, floors, walls, ceiling, stove, microwave, fridge, bathroom, water lines, and new ac/heat mini split.
• Cabin will come furnished and with linens used in rentals.
Cabin 2 – Fox Hollow Cabin
• Currently renting for $129 per night for 1-2 guests, $65 for each additional person up to 4 guests. Been operating open beginning of May to mid October since 2022.
• 400 sq ft
• One bedroom with queen bed, twin bed in main living area, couch, tv, kitchen table, full kitchen, and ¾ bath.
• Completely renovated from studs in 2022 – new electric, insulation, floors, walls, ceiling, stove, microwave, fridge, bathroom, water lines, and new ac/heat mini split.
• Cabin will come furnished and with linens used in rentals.
Cabin 3 – Rental Office
• 305 sq ft
• Features two main rooms- on is currently used as Rental Office, other half is utility for rental cabins.
• Completely renovated from studs in 2024 including new mini split, electric, walls, floors, ceiling.
• Unfinished bathroom with shower basin and hookups for toilet/sink.
Cabin 4 – Wolf Den Cabin
• Opened for rental in August 2026. Currently rents for $260 per night for 1 – 4 guests. Current season will end in Mid November. This cabin can be rented/lived in year round.
• 515 sq ft
• Full renovation in 2026 including water lines, electric, refrigerator, stove, microwave, and mini-split.
• Features full kitchen, four twin beds with privacy curtain, ¾ bathroom and closet.
Cabin 5 with attached Garage
• Current owner occupied. Lived in year round.
• Cabin is 710 sq ft
• Features full bathroom, two closets and two main rooms.
• New flooring in entire home, new dishwasher, kitchen cabinets, kitchen windows, new water lines, new water heater, full bathroom renovation all in 2024
• New furnace and fridge in 2021
• New insulation in crawl space and in attic in 2021
• Washer and dryer new in 2025
• Garage is 960 per level with two stories and cement pad.
Pump House:
• 55 sq ft
• New water softener in 2025
Storage Trailer:
• 336 sq ft
RV PAD
• Full Hook up with sewer, water, and 30 or 50 amp camper outlet.
• Moveable deck.
Property Type
Other
Year Built
1950
Lot Size
0.49 Acres
Heating
Forced air; Wall; Electric; Propane / Butane
Cooling
Wall
Features & Amenities
Interior Features
- Carpet
- Dryer
- Electric
- Forced air
- Garage - Attached
- Linoleum / Vinyl
- Metal
- Microwave
- None
- Off-street
- Propane / Butane
- Range / Oven
- Refrigerator
- Wall
- Washer
- Wood
Kitchen & Appliances
- Dishwasher
Property Owner
PO
Property Owner
Property Owner
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Complete the form below to get pre-approved for your home loan. This will help you understand your budget and show sellers you're a serious buyer.
Mortgage Calculator
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Estimated Monthly Payment
$1,934
Payment Breakdown
Principal & Interest
$1,544
Property Tax
$290
Home Insurance
$100
HOA Fees
$0
Loan Amount
$232,000
Total Interest Paid
$323,661
Total Cost
$555,661