Date
Details
Price
Change
Source
8/10/2026
Listed
$118,000
—
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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$118,000 Just Listed
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Property Description
Exceptional investment opportunity in Thief River Falls! This triplex is located in a great neighborhood and offers outstanding cash flow potential. Whether you're looking to expand your portfolio or purchase your first income-producing property, this is a fantastic opportunity to invest in a quality multifamily property with long-term value.
Full Property Details
Full Property Details for 623 Horace Ave N
General
- Price: $118,000
- Taxes: $2,714 (2026)
- Status: Active
- Type: Triplex
- Source: NorthStarMLS_RMLS
- MLS ID: 7123798
- Updated: 8/11/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Description: 18 x 18
- Garage Spaces: 1
Location
- County: Pennington
- Township: Thief River Falls
- Subdivision: Highland Add
- Driving Directions: From the corner of 8th St E and Horace Ave, go one block S to the property on your right.
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
- Finished basement: Yes
- Basement Desc.: Finished
- Foundation Size: 1147
- Roof: Asphalt
- Disability Access: None
- Square Feet: 1,691
- Above Ground: 1,691 Sq. Ft.
- Below Ground: 500 Sq. Ft.
- Finished Down/Base.: 2,191 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.16
- Lot Dimensions: 50 x 140
- Frontage: City Street
- Zoning: Residential-Multi-Family
Financial Considerations
- Tax Amount: $2,714
- Tax Year: 2026
- Owner Pays: Taxes
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: HIGHLAND ADDITION LOT-001 BLOCK-010
- Property ID: 2501506200
Listed by USA Realty
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— 623 Horace Ave N —
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NMLS#: 1598647
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Schools
Schools serving 623 Horace Ave N
School District:Thief River Falls School District
| Name | Grades | Distance |
|---|---|---|
Challenger Elementary School 601 County Road 61, Thief River Falls, MN 56701 | PK-5 | 2 mi |
Franklin Middle School 300 Spruce Avenue South, Thief River Falls, MN 56701 | 6-8 | 1 mi |
Lincoln Senior High School 101 Knight Avenue South, Thief River Falls, MN 56701 | 9-12 | 0.5 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 623 Horace Ave N
Tax History
Tax History for 623 Horace Ave N
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,714
3%
$130,700
—
2024
$2,634
7%
$130,700
—
2023
$2,460
4%
$130,700
8%
2022
$2,358
-1%
$120,800
15%
2021
$2,384
7%
$105,000
7%
2020
$2,232
7%
$97,700
4%
2019
$2,082
5%
$94,200
—
2018
$1,984
10%
$94,200
5%
2017
$1,810
9%
$90,000
4%
2015
$1,658
—
$86,400
—
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 623 Horace Ave N
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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 16 hours ago
- 4Beds
- 3Total Baths
- 2,800Sq. Ft.
Listed by American Legacy Land Co., LLC
- Single Family
- Active
- Updated 19 hours ago
- 5Beds
- 2Total Baths
- 3,604Sq. Ft.
Listed by Hometown Realty
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 1Total Bath
- 952Sq. Ft.
Listed by USA Realty
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 808Sq. Ft.
Listed by Hometown Realty
Sold by Hometown Realty
Sold by Hometown Realty
- Single Family
- Closed
- 2Beds
- 1Total Bath
- 1,192Sq. Ft.
Listed by Hometown Realty
Sold by Nordin Realty Inc.
Sold by Nordin Realty Inc.
- 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
- 889Sq. Ft.
Listed by Hometown Realty
Sold by Hometown Realty
Sold by Hometown Realty
623 Horace Avenue N, Thief River Falls, MN 56701 (MLS# 7123798) is a Triplex property with 5 bedrooms and 0 full bathrooms. 623 Horace Avenue N is currently listed for $118,000 and was received on August 10, 2026. Want to learn more about 623 Horace Avenue N? Do you have questions about finding other Triplex 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.