155 4th Ave  SW, Perham, MN 56573
Property image
Property image
FOR SALE
0.26 ACRES

$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*
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Home Highlights

Multi-Family
Built in 1886
0.26 acre lot
$139/sqft
4 Car Garage

Local Information

  • Map ViewExplore the area around 155 4th Ave SW.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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
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

Home Details for 155 4th Ave SW

Active Status

MLS Status: Active with Contingency

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 168Days on Market: 51

Property Information

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

Price & Status

Price
List Price: $334,900Price Per Sqft: $139

Location

Direction & Address
City: Perham
School Information
High School District: Perham-Dent

Agent Information

Listing Agent
Listing ID: 7119012

Building

Building Area
Building Area: 2912 Square Feet

Lot Information

Lot Area: 0.26 acres

Offer

Contingencies: Sale of Another Property

Miscellaneous

BasementMls Number: 7119012Above Grade Unfinished Area: 2412

Additional Information

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.
  • Wereade
    "Summer turtle races. Lots of community things done every season. Perham crazy days in the summer, county fair, lots of parks"
  • Sarah
    "The town has family based events through the year. Employment is obtainable almost right away. Lots of parks and walking trails. I wish there were more day cares and affordable department stores available within the community. "
  • Purple87
    "Perham is a great community to raise a family. People are close and the school is outstanding. Summer is busy with all kind of local options and lake life is awesome."

Market trends in Perham

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
47
1
MoM

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

DateEventPrice
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

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
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

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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.