400 Riverside Avenue Park Rapids, MN ^$ 239,900

400 Riverside Avenue

^$ 239,900

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400 Riverside Avenue

Park Rapids, MN, 56470

^$ 239,900

Bedrooms6 Baths2.0 Sq 2,888

Monthly Estimate*

^$ 1,657

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Multi-Family Home for sale in Park Rapids, MN

for $239,900 with 6 bedrooms and 2 full baths. This 2,888 square foot home was built in 1901 on a lot size of 0.42.

Fantastic investment opportunity! This large duplex is located at 400 Riverside Avenue in Park Rapids. Neck deck installed on the back of the upper unit overlooking the river and the hydro dam. Wonderful location with 2 extra large rental units with separate entrances. Also includes a detached garage for use of each tenant. Great long term potential for a new landlord to take ownership.

Multi-Family Active

Price

^$ 239,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,276

Style

Duplex Up and Down

Lot Size

0.42

Year Built

1901

Town/City

Park Rapids

County/Region

Hubbard

MLS | Web ID

7115016

Features

General

Living Area 2888

Sewer City Sewer/Connected

Heating Forced Air

Roof Age Over 8 Years Asphalt Pitched

Garage Spaces 2

Pool Features None

Year Built 1901

Electric Circuit Breakers 100 Amp Service

Tenant Pays Electricity Heat

View East

Topography Level

Levels Two

Property Subtype Duplex Up and Down

Tax Year 2026

Gross Income 26400

Waterfront Features River View

Accessibility None

County Hubbard

Operating Expense 2826

Insurance Expense 1146

New Construction N

Property Type Residential Income

Contingency None

MaintenanceExpense 0

Directions From HWY 71 and 34 head East for 2 blocks to Riverside Ave then south (right) on Riverside for 4 blocks to the duplex property on the left.

City Park Rapids

High School District Park Rapids

Zoning Description Residential-Multi-Family

Number Of Units Total 2

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 3276.04

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 1680

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Other Partial Unfinished

Basement (Y/N) Y

Above Grade Finished Area 2888

Laundry Features In Unit

Total Bedrooms 6

Below Grade Finished Area 0

Total Baths 2

Foundation Dimensions 44 x 48

Fuel Natural Gas

Garage Dimensions 24 x 24

Garage Door Width 7

Garage Square Feet 576

Exterior

Fencing None

Parking Features Detached Garage Asphalt Concrete Driveway - Other Surface Paved Lot

Water Source City Water/Connected

Lot Size Area 0.42

Building Area Total 3738

Lot Dimensions 155 x 132 x 155 x 139

Waterfront Y/N N

Foundation Area 2112

Road Frontage Type City Street Paved Streets Sidewalks

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 400

* Excluded Features

List By

Keller Williams Realty Professionals

Broker

jgc@unitelc.com

Affordability Calculator

$1,930

Per Month

Monthly Principal & Interest: $1,657
Monthly Property Taxes: $273
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Park Rapids, MN

Average List Price ^$204,900

Percent of Sale Price 15%

About Park Rapids, MN

3,934 Population

12% Since 2002

^$35,932 Median Income

40.71 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709114 Elementary School

709313 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/27/2026	$239,900		Listed Price

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400 Riverside Avenue, Park Rapids, MN, 56470 is a Multi-Family Home for sale at $239,900 with 2,888 sqft and a lot size of 0.42. 400 Riverside Avenue has 6 bedrooms, 2.0 baths, and was built in 1901. The property's zip code is 56470 which is in Park Rapids, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/16/2026.

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400 Riverside Avenue

Multi-Family Home for sale in Park Rapids, MN

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