623 Horace Avenue N Thief River Falls, MN ^$ 105,000

623 Horace Avenue N

^$ 105,000

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623 Horace Avenue N

Thief River Falls, MN, 56701

^$ 105,000

Bedrooms5 Baths3.0 Sq 1,691

Monthly Estimate*

^$ 725

623 Horace Avenue N, Thief River Falls, MN 56701 - Image 1

623 Horace Avenue N, Thief River Falls, MN 56701 - Image 2

623 Horace Avenue N, Thief River Falls, MN 56701 - Image 3

623 Horace Avenue N, Thief River Falls, MN 56701 - Image 4

623 Horace Avenue N, Thief River Falls, MN 56701 - Image 5

623 Horace Avenue N, Thief River Falls, MN 56701 - Image 6

623 Horace Avenue N, Thief River Falls, MN 56701 - Image 7

623 Horace Avenue N, Thief River Falls, MN 56701 - Image 8

Multi-Family Home for sale in Thief River Falls, MN

for $105,000 with 5 bedrooms and 3 full baths. This 1,691 square foot home was built in 1910 on a lot size of 0.16.

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.

Multi-Family Active

Price

^$ 105,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,714

Style

Triplex

Lot Size

0.16

Year Built

1910

Town/City

Thief River Falls

County/Region

Pennington

MLS | Web ID

7123798

Features

General

Living Area 1691

Sewer City Sewer/Connected

Heating Boiler

Roof Asphalt

Garage Spaces 1

Year Built 1910

Tenant Pays All Utilities

Levels One and One Half

Property Subtype Triplex

Tax Year 2026

Gross Income 0

Accessibility None

County Pennington

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

New Construction N

Property Type Residential Income

Contingency None

MaintenanceExpense 0

Subdivision Name Highland Add

Directions From the corner of 8th St E and Horace Ave go one block S to the property on your right.

City Thief River Falls

High School District Thief River Falls

Zoning Description Residential-Multi-Family

Number Of Units Total 3

Lot Size Units Acres

Carport Spaces 0

Land Lease Y/N N

Tax Annual Amount 2714

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Finished

Basement (Y/N) Y

Above Grade Finished Area 1691

Total Bedrooms 5

Below Grade Finished Area 0

Total Baths 3

Foundation Dimensions 27x24

Fuel Natural Gas

Garage Dimensions 18x18

Garage Square Feet 324

Exterior

Water Source City Water/Connected

Lot Size Area 0.16

Building Area Total 2191

Lot Dimensions 50x140

Waterfront Y/N N

Foundation Area 1147

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 623

* Excluded Features

List By

Usa Realty

Broker

jkofstad106@gmail.com

Affordability Calculator

$951

Per Month

Monthly Principal & Interest: $725
Monthly Property Taxes: $226
Monthly Home Insurance: --

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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 Thief River Falls, MN

Average List Price ^$101,540

Percent of Sale Price 3%

About Thief River Falls, MN

9,094 Population

8% Since 2002

^$46,800 Median Income

38.72 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3226809 Elementary School

3226814 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/1/2026	$105,000	-11.02%	Price Down
8/10/2026	$118,000		Listed Price

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623 Horace Avenue N, Thief River Falls, MN, 56701 is a Multi-Family Home for sale at $105,000 with 1,691 sqft and a lot size of 0.16. 623 Horace Avenue N has 5 bedrooms, 3.0 baths, and was built in 1910. The property's zip code is 56701 which is in Thief River Falls, 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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623 Horace Avenue N

Multi-Family Home for sale in Thief River Falls, MN

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