Date
Details
Price
Change
Source
3/27/2026
Listed
$384,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/35
$384,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/35
Property Description
This multi-family residential property has loads of potential. Previous owner lived in one unit as a primary residence, and rented out the others allowing for homestead tax status. Currently all units are rented on a month-to-month basis. Currently set up with two 2-bedroom, units and one 1-bedroom unit, with a strong potential for a 4th efficiency or larger unit with minimal modifications. Laundry available in each unit. 1 tuck-under attached garage, and 3 additional detached garage stalls, plus insulated 24 x 16 workshop/storage area and 8x10 storage shed.
Full Property Details
Full Property Details for 700 E Summit Ave
General
- Price: $384,000
- Taxes: $4,114 (2025)
- Status: Active
- Type: Triplex
- Source: NorthStarMLS_RMLS
- MLS ID: 7044870
- Updated: 3/29/2026
- Added to Site: 3 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Unit, In Unit
Parking
- Garage: Yes
- Garage Description: 12 x 20
- Garage Spaces: 4
- Parking Features: Detached Garage, Gravel, Tuckunder Garage
Location
- County: Otter Tail
- Township: Fergus Falls
- Subdivision: North Division/Fergus Falls
- Driving Directions: Take Union Ave to East Summit Ave to property on the south side of the road.
School Information
- School District: 1944 - Fergus Falls
- High School District: Fergus Falls
Heating & Cooling
- Heating Type: Baseboard, Boiler
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Block
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Block, Egress Window(s), Finished, Full, Single Tenant Access
- Foundation Size: 2228
- Roof: Asphalt
- Disability Access: Grab Bars In Bathroom
- Square Feet: 4,216
- Above Ground: 2,228 Sq. Ft.
- Below Ground: 2,228 Sq. Ft.
- Finished Down/Base.: 4,456 Sq. Ft.
- Year Built: 1961
Unit Information
- Units w/Refrigerators: 4
Lot Features
- Lot Size (Acres): 0.387
- Lot Dimensions: 75 x 142
- Frontage: City Street, Paved Streets, Sidewalks
- Zoning: Residential-Multi-Family, Residential-Single Family
- Lot Description: Light Tree Coverage
Financial Considerations
- Operating Expenses: $13,128
- Tax Amount: $4,114
- Tax Year: 2025
- Terms: Conventional, Cash
- Owner Pays: Heat, Insurance, Repairs, Roof Maintenance, Trash Collection, Water
- Tenant Pays: Cable TV, Electricity, Telephone
- Pays Cable: Tenant Pays
- Pays Electric: Tenant Pays
- Pays Heat: Owner Pays
- Pays Trash: Owner Pays
- Pays Water: Owner Pays
Disclosures and Reports
- Legal Description: SECT-35 TWP-133 RANGE-043 NORTH DIVISION LOT 1 BLK 21 & N1/2 OF VAC ALLEY ADJ & E1/2 VAC ARLINGTON ST ADJ
- Property ID: 71002990931000
Listed by Trilogy Real Estate
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 700 E Summit Ave —
Trilogy Real Estate
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 700 E Summit Ave
School District:Fergus Falls Public School District
| Name | Grades | Distance |
|---|---|---|
Cleveland Elementary School, Fergus Falls, MN 919 Northern Avenue, Fergus Falls, MN 56537 | 3-5 | 0.5 mi |
Adams Elementary School, Fergus Falls, MN 301 West Bancroft Avenue, Fergus Falls, MN 56537 | 1-2 | 1 mi |
McKinley Elementary School, Fergus Falls, MN 724 West Laurel Street, Fergus Falls, MN 56537 | PK-K | 1.1 mi |
iQ Academy Minnesota 340 Friberg Avenue, Fergus Falls, MN 56537 | K-12 | 0.2 mi |
Kennedy High School 601 Randolph Avenue, Fergus Falls, MN 56537 | 6-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 E Summit Ave
Tax History
Tax History for 700 E Summit Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,114
10%
$377,100
10%
2023
$3,756
—
$341,900
11%
2023
$3,756
7%
$307,700
21%
2022
$3,524
14%
$253,800
22%
2020
$3,094
12%
$208,800
12%
2019
$2,768
10%
$187,100
8%
2018
$2,506
3%
$173,300
2%
2017
$2,440
6%
$169,400
5%
2016
$2,308
4%
$160,800
2%
2015
$2,214
7%
$157,500
-1%
2014
$2,068
—
$159,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 700 E Summit Ave
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 2,600Sq. Ft.
Listed by Dane Arthur Real Estate Agency-Crosslake
- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 780Sq. Ft.
Listed by LPT Realty, LLC
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,160Sq. Ft.
Listed by Century 21 Atwood
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,512Sq. Ft.
Listed by Park Co., REALTORS®
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 1,106Sq. Ft.
Listed by HomeAvenue Inc
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 3Total Baths
- 1,881Sq. Ft.
Listed by Gallery of Homes
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 2,412Sq. Ft.
Listed by Century 21 Atwood
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 3,376Sq. Ft.
Listed by eXp Realty
Sold by eXp Realty
Sold by eXp Realty
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,583Sq. Ft.
Listed by Keller Williams Realty Professionals
Sold by Century 21 Atwood
Sold by Century 21 Atwood
- Single Family
- Closed
- 4Beds
- 2Total Baths
- 2,472Sq. Ft.
Listed and Sold by Keller Williams Realty Professionals
- Single Family
- Closed
- 5Beds
- 4Total Baths
- 3,360Sq. Ft.
Listed by Trilogy Real Estate
Sold by Trilogy Real Estate
Sold by Trilogy Real Estate
700 E Summit Avenue, Fergus Falls, MN 56537 (MLS# 7044870) is a Triplex property with 5 bedrooms and 0 full bathrooms. 700 E Summit Avenue is currently listed for $384,000 and was received on March 27, 2026. Want to learn more about 700 E Summit Avenue? Do you have questions about finding other Triplex real estate for sale in Fergus Falls? You can browse all Fergus Falls real estate or contact a Coldwell Banker agent to request more information.