155 4th Ave SW Perham, MN 56573
Estimated payment $2,117/month
About This Home
Three-Unit Apartment Building for Sale in Downtown Perham. This three-unit apartment building in the heart of downtown Perham is a strong investment opportunity in a growing community with consistent rental demand. Each unit features its own private entrance, giving tenants added privacy and a true at-home feel. Dedicated off-street parking adds everyday convenience and increases long-term tenant retention. The downtown location makes this property an easy rental option. Tenants can walk to local shops, restaurants, services, and employers. That central positioning helps reduce vacancy and keeps demand steady year-round. The sellers are related to the selling agent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,544
Year Built
- Built in 1886
Lot Details
- Lot Dimensions are 150 x 75
Parking
- 4 Car Garage
Home Design
- Frame Construction
- Metal Roof
Interior Spaces
- 2,412 Sq Ft Home
- 2-Story Property
- Basement
- Block Basement Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Utilities
- Hot Water Heating System
- Boiler Heating System
Community Details
- 3 Units
- A A Whites Add Subdivision
Listing and Financial Details
- The owner pays for gas, heat, insurance, grounds care, repairs, sewer, snow removal, trash collection, water
- Assessor Parcel Number 77000990686000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,544 | $286,200 | $16,400 | $269,800 |
| 2024 | $3,224 | $270,100 | $16,400 | $253,700 |
| 2023 | $3,186 | $221,700 | $12,300 | $209,400 |
| 2022 | $2,824 | $318,600 | $0 | $0 |
| 2021 | $2,874 | $221,700 | $12,300 | $209,400 |
| 2020 | $2,836 | $177,200 | $11,300 | $165,900 |
| 2019 | $2,742 | $166,800 | $11,300 | $155,500 |
| 2018 | $2,458 | $166,800 | $11,300 | $155,500 |
| 2017 | $2,254 | $145,700 | $11,300 | $134,400 |
| 2016 | $2,232 | $125,600 | $11,300 | $114,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2025 12/15/25 | For Sale | $350,000 | -- | $145 / Sq Ft |
Source: NorthstarMLS
MLS Number: 7000245
APN: 77000990686000
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Based on information submitted to the MLS GRID
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