$334,900
- 1 Bed
- 1 Bath
- 2,412 sqft (on 0.26 acres)
155 4th Ave SW, Perham, MN 56573
Est. Mortgage $2,106/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1886
0.26 acre lot
$139/sqft
4 Car Garage
Local Information
-- mins to
About this House
Three-Unit Apartment Building for Sale in Downtown Perham.
This three-unit apartment building in the heart of downtown Perham is a strong investment opportunity in a growing community with consistent rental demand.
Each unit features its own private entrance, giving tenants added privacy and a true at-home feel. Dedicated off-street parking adds everyday convenience and increases long-term tenant retention.
The downtown location makes this property an easy rental option. Tenants can walk to local shops, restaurants, services, and employers. That central positioning helps reduce vacancy and keeps demand steady year-round.
The sellers are related to the selling agent
This three-unit apartment building in the heart of downtown Perham is a strong investment opportunity in a growing community with consistent rental demand.
Each unit features its own private entrance, giving tenants added privacy and a true at-home feel. Dedicated off-street parking adds everyday convenience and increases long-term tenant retention.
The downtown location makes this property an easy rental option. Tenants can walk to local shops, restaurants, services, and employers. That central positioning helps reduce vacancy and keeps demand steady year-round.
The sellers are related to the selling agent
Last check for updates: about 5 hours ago
Listing courtesy of Stephen Sweere, (218) 298-0771
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#7119012

Also Listed on NorthstarMLS as distributed by MLS GRID, eXp Realty.
Home Details for 155 4th Ave SW
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MLS Status: Active with Contingency |
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Interior Details Basement: Block |
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 1 |
Dimensions and Layout Living Area: 2412 Square FeetFoundation Area: 1206 |
Heating & Cooling Heating: Boiler,Hot WaterHas HeatingHeating Fuel: Boiler |
Gas & Electric Gas: Natural Gas |
Levels, Entrance, & Accessibility Number of Stories: 2Levels: TwoAccessibility: None |
View No View |
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Exterior Home Features Fencing: None |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Other Parking: Garage Dimensions (28x20)No CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Attached,Detached Garage |
Frontage Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront |
Water & Sewer Sewer: City Sewer/Connected |
Finished Area Finished Area (above surface): 2412 Square Feet |
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Cumulative Days on Market: 168Days on Market: 51 |
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Year Built Year Built: 1886 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex |
Building Construction Materials: FrameNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 77000990686000 |
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Price List Price: $334,900Price Per Sqft: $139 |
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Direction & Address City: Perham |
School Information High School District: Perham-Dent |
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Listing Agent Listing ID: 7119012 |
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Building Area Building Area: 2912 Square Feet |
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Lot Area: 0.26 acres |
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Contingencies: Sale of Another Property |
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BasementMls Number: 7119012Above Grade Unfinished Area: 2412 |
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HOA Amenities: None |
Around this home
What Locals Say about Perham
At least 19 Trulia users voted on each feature.
100 % Say yards are well-kept
92 % Say there's holiday spirit
92 % Say kids play outside
87 % Say parking is easy
83 % Say car is needed
81 % Say people would walk alone at night
76 % Say streets are well-lit
71 % Say it's walkable to restaurants
70 % Say it's dog friendly
70 % Say there are sidewalks
68 % Say it's quiet
63 % Say it's walkable to grocery stores
54 % Say neighbors are friendly
47 % Say they plan to stay for at least 5 years
45 % Say there are community events
43 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in Perham
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
47
1MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
3.89 | Multi-Family Home | $559,000 | 10/24/25 | 3 | 2.5 | 1,694 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $225,100 | 3 | 1 | 1,240 | Off Market | |
0.07 | $120,000 | - | - | - | Recently Sold | |
0.06 | $190,000 | 3 | 1.5 | 3,378 | Recently Sold | |
0.04 | $359,700 | 7 | 4 | 4,593 | Off Market | |
0.09 | $191,100 | 3 | 1 | 1,368 | Off Market | |
0.08 | $184,500 | 3 | 2 | 1,804 | For Sale | |
0.05 | $280,200 | 3 | 2 | 3,020 | Off Market | |
0.08 | $227,700 | 3 | 2.5 | 1,806 | Off Market | |
0.12 | $225,000 | 2 | 1.5 | 1,184 | For Sale | |
0.17 | $216,700 | 3 | 2.5 | 2,126 | Off Market | |
0.18 | $161,300 | 3 | 2 | 1,120 | Off Market |
Price and Tax history
| Date | Event | Price |
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Jul 31, 2026 Source: NorthstarMLS as distributed by MLS GRID #7119012 | Listed For Sale | $334,900 |
Jun 1, 2026 Source: eXp Realty #7000245 | ListingRemoved | $350,000 |
Dec 15, 2025 Source: NorthstarMLS as distributed by MLS GRID #7000245 | Listed For Sale | $350,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,340 | $286,200 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Stephen Sweere, eXp Realty
Agent Phone: (218) 298-0771

Based on information submitted to the MLS GRID as of 2026-09-20 23:53:59 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
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New Listings near 155 4th Ave SW
155 4th Ave SW, Perham, MN 56573 is a 1 bedroom, 1 bathroom, 2,412 sqft multi-family built in 1886. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Jul 31, 2026. The MLS # for this home is MLS# 7119012.

