$99,500
Thief River Falls, MN 56701
MLS# 7123798
5 beds | 3 baths | 2191 sqft
1 / 8
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.
Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: $99,500
Original List Price: 118000
ListPrice: 99500
List Date: 2026-08-10
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1910
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 5
Baths Total: 3
Main Floor Total SqFt: 1147
Above Ground SqFt: 1691
Below Grd Total SqFt: 500
Total SqFt: 2191
Foundation Size: 1147
Style: (MF) Triplex
Total Finished Sqft: 1691.00
Garage Stalls: 1
Lot Dimensions: 50x140
Acres: 0.16
Assessment Pending: Unknown
Assessments
Tax With Assessments: 2714
Basement
Foundation Dimensions: 27x24
Building Information
Finished SqFt Above Ground: 1691
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 18x18
Garage Square Feet: 324
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
Annual Rent: 10800
Full Baths: 1
Monthly Rent: 900
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Details
Total Units: 3
Unit 2
Furnished?: No
Leased?: No
Unit Number: 2
Full Baths: 1
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 3
Unit 3
Furnished?: No
Leased?: No
Unit Number: 3
Finished SqFt: 500
Full Baths: 1
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 4
Location Tax and Other Information
House Number: 623
Street Name: Horace
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Thief River Falls
County: Pennington
State: MN
Zip Code: 56701
Complex/Dev/Subdivision: Highland Add
Property Features
Accessible: None
Construction Status: Previously Owned
Exterior: Vinyl
Foundation: Poured Concrete
Fuel: Natural Gas
Heating: Boiler
Owner Pays: Taxes
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sewer: City Sewer/Connected
Stories: One and One Half
Tenant Pays: All Utilities
Water: City Water/Connected
Listing Office: USA Realty
Last Updated: October - 30 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.