415 1st St E, Thief River Falls, MN 56701
Property image
Property image
PENDING

$113,000

  • 4 Beds
  • 4 Baths
  • 2,088 sqft

415 1st St E, Thief River Falls, MN 56701

Est. Mortgage $774/mo*
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Home Highlights

Multi-Family
Built in 1890
$54/sqft
1 Car Garage

Local Information

  • Map ViewExplore the area around 415 1st St E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Home Details for 415 1st St E

Active Status

MLS Status: Pending

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 8Days on Market: 24

Property Information

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

Price & Status

Price
List Price: $113,000Price Per Sqft: $54
Status Change & Dates
Off Market Date: Tue Aug 18 2026

Location

Direction & Address
City: Thief River FallsCommunity: Red Lake Rapids Add
School Information
High School District: Thief River Falls

Agent Information

Listing Agent
Listing ID: 7122358

Building

Building Area
Building Area: 2936 Square Feet

Lot Information

Lot Area: 8537.76 sqft

Offer

Contingencies: None

Business

Expense
Tenant Pays: All Utilities

Rental Terms, Policies & Fees

Owner Pays: Taxes

Miscellaneous

BasementMls Number: 7122358Above Grade Unfinished Area: 2088

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.
  • Carl E.
    "My neighborhood is quiet and a good place for children. Ample parks and recreation in the area. Shopping downtown is lacking but Grand Forks is only around 50 miles away."
  • Cody j
    "We have a park a block away and a convenience store close by. Great neighbors who are always willing to help you with anything. "
  • Mikew
    "nice and quiet and safe. Friendly neighbors. good schools and a rural area where i can have my pets, including chickens."

Market trends in Thief River Falls

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
67
14
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
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

DateEventPrice
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

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

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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.