$118,000
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
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $118,000
Original List Price: 118000
ListPrice: 118000
List Date: 2026-08-10
Office/Member Info
Association: NWMAR
General Property Information
# Carport Spaces: 0
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1910
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Lot Dimensions: 50x140
Acres: 0.16
Main Floor Total SqFt: 1147
Below Grd Total SqFt: 500
Above Ground SqFt: 1691
Total SqFt: 2191
Total Finished Sqft: 1691.00
Foundation Size: 1147
Style: (MF) Triplex
Garage Stalls: 1
Assessment Pending: Unknown
Bedrooms: 5
Baths Total: 3
Location, Tax and Other Information
Legal Description: HIGHLAND ADDITION LOT-001 BLOCK-010
Listing City: Thief River Falls
Map Page: 999
Municipality: Thief River Falls
School District: Thief River Falls
School District Phone: 218-681-8711
Zip Plus 4: 1834
Property ID Number: 2501506200
Tax Year: 2026
Tax Amount: 2714
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 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.
Directions: From the corner of 8th St E and Horace Ave, go one block S to the property on your right.
Accessible
None: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 2714
Basement
Foundation Dimensions: 27x24
Building Information
Finished SqFt Above Ground: 1691
Construction Status
Previously Owned: 1
Exterior
Vinyl: 1
Foundation
Poured Concrete: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Owner Pays
Taxes: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 18x18
Garage Square Feet: 324
Road Frontage
City Street: 1
Road Responsibility
Public Maintained Road: 1
Roof
Asphalt Shingles: 1
Sewer
City Sewer/Connected: 1
Stories
One and One Half: 1
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
Monthly Rent: 900
Full Baths: 1
Total Rooms: 5
Annual Rent: 10800
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Unit Details
Total Units: 3
Water
City Water/Connected: 1
Income and Expenses
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Misc Monthly Income: 0
Misc. Annual Income: 0
Total Annual Expenses: 0
Tenant Pays
All Utilities: 1
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: Forced Air
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: August - 11 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.