$113,000
- 4 Beds
- 4 Baths
- 2,088 sqft
415 1st St E, Thief River Falls, MN 56701
Est. Mortgage $774/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1890
$54/sqft
1 Car Garage
Local Information
-- mins to
About this House
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.
Last check for updates: about 4 hours ago
Listing courtesy of Joshua Kofstad, (218) 242-0606
USA Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#7122358

Also Listed on NorthstarMLS as distributed by MLS GRID.
Home Details for 415 1st St E
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MLS Status: Pending |
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 2088 Square FeetFoundation Area: 1108 |
Heating & Cooling Heating: Forced AirHas HeatingHeating Fuel: Forced Air |
Gas & Electric Gas: Natural Gas |
Levels, Entrance, & Accessibility Number of Stories: 2Levels: TwoAccessibility: None |
View No View |
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Exterior Home Features Roof: Asphalt |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Attached |
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): 2088 Square Feet |
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Cumulative Days on Market: 8Days on Market: 24 |
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Year Built Year Built: 1890 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Fourplex |
Building Not a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 2500626240 |
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Price List Price: $113,000Price Per Sqft: $54 |
Status Change & Dates Off Market Date: Tue Aug 18 2026 |
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Direction & Address City: Thief River FallsCommunity: Red Lake Rapids Add |
School Information High School District: Thief River Falls |
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Listing Agent Listing ID: 7122358 |
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Building Area Building Area: 2936 Square Feet |
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Lot Area: 8537.76 sqft |
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Contingencies: None |
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Expense Tenant Pays: All Utilities |
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Owner Pays: Taxes |
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BasementMls Number: 7122358Above Grade Unfinished Area: 2088 |
Around this home
What Locals Say about Thief River Falls
At least 9 Trulia users voted on each feature.
100 % Say it's dog friendly
92 % Say parking is easy
90 % Say car is needed
82 % Say yards are well-kept
79 % Say kids play outside
78 % Say it's quiet
70 % Say streets are well-lit
60 % Say people would walk alone at night
56 % Say neighbors are friendly
55 % Say there's holiday spirit
50 % Say there are sidewalks
47 % Say there's wildlife
42 % Say it's walkable to grocery stores
42 % Say they plan to stay for at least 5 years
25 % Say it's walkable to restaurants
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Thief River Falls
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
67
14MoM
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 |
|---|---|---|---|---|---|---|---|
0.48 | Multi-Family Home | $160,000 | 09/29/25 | 4 | 2 | 1,681 |
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 |
|---|---|---|---|---|---|---|
0.03 | $85,000 | 1 | - | 4,154 | Off Market | |
0.06 | $114,000 | 4 | 1 | 1,638 | Off Market | |
0.10 | $108,000 | 3 | 2 | 2,763 | Recently Sold | |
0.11 | $105,500 | 3 | 1.5 | 782 | Off Market | |
0.13 | $153,000 | 3 | 2 | 1,128 | For Sale | |
0.11 | $76,600 | 2 | 1 | 938 | Off Market | |
0.14 | $129,900 | 2 | 1 | 806 | For Sale | |
0.13 | $121,300 | 2 | 1 | 720 | Off Market | |
0.13 | $126,300 | 3 | 1 | 1,100 | Off Market | |
0.18 | $249,900 | 3 | 2 | 1,529 | For Sale | |
0.19 | $154,000 | 3 | 1 | 1,978 | Recently Sold | |
0.16 | $121,200 | 2 | 1 | 732 | Off Market |
Price and Tax history
| Date | Event | Price |
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Aug 18, 2026 Source: NorthstarMLS as distributed by MLS GRID #7122358 | Pending | $113,000 |
Aug 10, 2026 Source: NorthstarMLS as distributed by MLS GRID #7122358 | Listed For Sale | $113,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Joshua Kofstad, USA Realty
Agent Phone: (218) 242-0606

Based on information submitted to the MLS GRID as of 2026-09-03 12:58:22 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 415 1st St E
415 1st St E, Thief River Falls, MN 56701 is a 4 bedroom, 4 bathroom, 2,088 sqft multi-family built in 1890. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Aug 10, 2026. The MLS # for this home is MLS# 7122358.

