$113,000
Thief River Falls, MN 56701
MLS# 7122358
Status: Pending
4 beds | 4 baths | 2936 sqft
1 / 9
Property Description
Exceptional investment opportunity! This four-plex is situated in a desirable location and offers excellent cash flow potential and a fantastic opportunity to build long-term wealth. Whether you're expanding your portfolio or purchasing your first multifamily property, this income-producing investment is one you won't want to miss.
Details
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Pending
Off Market Date: 2026-08-18
Contingency: None
Current Price: $113,000
Original List Price: 113000
ListPrice: 113000
List Date: 2026-08-10
Office/Member Info
Association: NWMAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1890
Yearly/Seasonal: Yearly
Lot Dimensions: 90x75
Acres: 0.19
Main Floor Total SqFt: 1108
Below Grd Total SqFt: 848
Above Ground SqFt: 2088
Total SqFt: 2936
Total Finished Sqft: 2088.00
Foundation Size: 1108
Style: (MF) Four Plex
Garage Stalls: 1
Assessment Pending: Unknown
Bedrooms: 4
Baths Total: 4
Location, Tax and Other Information
Legal Description: RED LAKE RAPIDS ADDITION KNOX'S REARRANGEMENT LOTS A, B, C & PART OF LOTS 35 THRU 38 & PART OF RESERVE BLK 24
Listing City: Thief River Falls
Map Page: 999
Municipality: Thief River Falls
School District: Thief River Falls
School District Phone: 218-681-8711
Zip Plus 4: 1834
Property ID Number: 2500626240
Tax Year: 2026
Tax Amount: 1928
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Exceptional investment opportunity! This four-plex is situated in a desirable location and offers excellent cash flow potential and a fantastic opportunity to build long-term wealth. Whether you're expanding your portfolio or purchasing your first multifamily property, this income-producing investment is one you won't want to miss.
Directions: From the North Dale gas station by Hugos, go East across the railroad tracks, to the first house on the N side of the road.
Accessible
None: 1
Assessments
Assessment Balance: 388.74
Tax With Assessments: 1928
Basement
Foundation Dimensions: 44x25
Full: 1
Building Information
Finished SqFt Above Ground: 2088
Construction Status
Previously Owned: 1
Exterior
Wood: 1
Foundation
Stone: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Owner Pays
Taxes: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 520
Road Frontage
City Street: 1
Road Responsibility
Public Maintained Road: 1
Roof
Asphalt Shingles: 1
Sewer
City Sewer/Connected: 1
Stories
Two: 1
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
Monthly Rent: 900
Full Baths: 1
Total Rooms: 4
Annual Rent: 10800
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Unit Details
Total Units: 4
Water
City Water/Connected: 1
Income and Expenses
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Misc Monthly Income: 0
Misc. Annual Income: 0
Total Annual Expenses: 0
Tenant Pays
All Utilities: 1
Unit 2
Furnished?: No
Leased?: No
Unit Number: 2
Full Baths: 1
No. of Units Like This: 1
Total Baths: 1
Total Rooms: 2
Unit 3
Furnished?: No
Leased?: Yes
Unit Number: 3
Annual Rent: 6000
Full Baths: 1
Monthly Rent: 500
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 3
Unit 4
Furnished?: No
Leased?: Yes
Unit Number: 4
Annual Rent: 6840
Full Baths: 1
Monthly Rent: 570
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 3
Location Tax and Other Information
House Number: 415
Street Name: 1st
Street Suffix: Street
Street Direction Suffix: E
Postal City: Thief River Falls
County: Pennington
State: MN
Zip Code: 56701
Complex/Dev/Subdivision: Red Lake Rapids Add
Property Features
Accessible: None
Basement: Full
Construction Status: Previously Owned
Exterior: Wood
Foundation: Stone
Fuel: Natural Gas
Heating: Forced Air
Owner Pays: Taxes
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: All Utilities
Water: City Water/Connected
Listing Office: USA Realty
Last Updated: August - 18 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.