Date
Details
Price
Change
Source
8/10/2026
Listed
$113,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$113,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 415 1st St E
General
- Price: $113,000
- Taxes: $1,928 (2026)
- Status: Active
- Type: Multi-Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7122358
- Updated: 8/11/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Parking Features: Attached Garage
Location
- County: Pennington
- Township: Thief River Falls
- Subdivision: Red Lake Rapids Add
- Driving Directions: From the North Dale gas station by Hugos, go East across the railroad tracks, to the first house on the N side of the road.
School Information
- School District: 564 - Thief River Falls
- High School District: Thief River Falls
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Basement Desc.: Full
- Foundation Size: 1108
- Roof: Asphalt
- Disability Access: None
- Square Feet: 2,088
- Above Ground: 2,088 Sq. Ft.
- Below Ground: 848 Sq. Ft.
- Finished Down/Base.: 2,936 Sq. Ft.
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.196
- Lot Dimensions: 90 x 75
- Frontage: City Street
Financial Considerations
- Tax Amount: $1,928
- Tax Year: 2026
- Owner Pays: Taxes
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: RED LAKE RAPIDS ADDITION KNOX'S REARRANGEMENT LOTS A, B, C & PART OF LOTS 35 THRU 38 & PART OF RESERVE BLK 24
- Property ID: 2500626240
Listed by USA Realty
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— 415 1st St E —
USA Realty
NMLS#: 1598647
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Schools
Schools serving 415 1st St E
School District:Thief River Falls School District
| Name | Grades | Distance |
|---|---|---|
Challenger Elementary School 601 County Road 61, Thief River Falls, MN 56701 | PK-5 | 1.5 mi |
Franklin Middle School 300 Spruce Avenue South, Thief River Falls, MN 56701 | 6-8 | 0.7 mi |
Lincoln Senior High School 101 Knight Avenue South, Thief River Falls, MN 56701 | 9-12 | 0.4 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 415 1st St E
Tax History
Tax History for 415 1st St E
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,928
29%
$74,100
—
2024
$1,494
7%
$74,100
—
2023
$1,394
2%
$74,100
6%
2022
$1,364
-13%
$69,900
1%
2021
$1,572
5%
$69,300
6%
2020
$1,500
4%
$65,600
1%
2019
$1,438
8%
$65,100
3%
2018
$1,328
20%
$63,000
14%
2017
$1,110
10%
$55,200
5%
2015
$1,008
—
$52,500
—
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 415 1st St E
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- Single Family
- Active
- Updated 7 hours ago
- 4Beds
- 1Total Bath
- 1,248Sq. Ft.
Listed by McMullen Realty
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- Single Family
- Active
- Updated 19 hours ago
- 5Beds
- 2Total Baths
- 3,604Sq. Ft.
Listed by Hometown Realty
- Single Family
- Active
- Updated 16 hours ago
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- Active
- Updated 6 days ago
- 3Beds
- 1Total Bath
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Listed by USA Realty
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,730Sq. Ft.
Listed by Hometown Realty
Sold by USA Realty
Sold by USA Realty
- Single Family
- Closed
- 2Beds
- 1Total Bath
- 776Sq. Ft.
Listed and Sold by Nordin Realty Inc.
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,652Sq. Ft.
Listed by Century 21 First Realty, Inc.
Sold by Nordin Realty Inc.
Sold by Nordin Realty Inc.
- Single Family
- Closed
- 2Beds
- 1Total Bath
- 794Sq. Ft.
Listed by Nordin Realty Inc.
Sold by Hometown Realty
Sold by Hometown Realty
415 1st Street E, Thief River Falls, MN 56701 (MLS# 7122358) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 415 1st Street E is currently listed for $113,000 and was received on August 10, 2026. Want to learn more about 415 1st Street E? Do you have questions about finding other Multi-Family real estate for sale in Thief River Falls? You can browse all Thief River Falls real estate or contact a Coldwell Banker agent to request more information.