715 8th St E Thief River Falls, MN 56701
Estimated payment $292/month
About This Home
Duplex with Spacious Lot – Great Investment Opportunity!
Discover the potential in this duplex situated on a generously sized lot. The property features two distinct units: a cozy 1-bedroom unit, perfect for singles or couples, and a 2-bedroom unit ideal for small families or roommates. Whether you're looking to live in one unit and rent out the other or expand your investment portfolio, this versatile property offers excellent value and flexibility. Don’t miss this opportunity to own a solid income-producing asset in a desirable location!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1890
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,052 Sq Ft Home
- 1.5-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Additional Features
- Lot Dimensions are 50x151
- Forced Air Heating System
Community Details
- 2 Units
- Riverside Add Subdivision
Listing and Financial Details
- Assessor Parcel Number R2501600510
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 |
|---|---|---|---|---|
| 2024 | $1,980 | $63,900 | $18,900 | $45,000 |
| 2023 | $1,918 | $63,900 | $0 | $0 |
| 2022 | $1,938 | $60,200 | $0 | $0 |
| 2021 | $1,884 | $51,900 | $0 | $0 |
| 2020 | $1,786 | $48,200 | $0 | $0 |
| 2019 | $1,762 | $44,400 | $0 | $0 |
| 2018 | $832 | $44,400 | $0 | $0 |
| 2017 | $784 | $39,000 | $0 | $0 |
| 2016 | $716 | $37,300 | $0 | $0 |
| 2014 | $656 | $31,700 | $0 | $0 |
| 2013 | $664 | $29,700 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Price Changed | $45,000 | -18.2% | $43 / Sq Ft |
| 06/30/2025 06/30/25 | Price Changed | $55,000 | -8.3% | $52 / Sq Ft |
| 04/30/2025 04/30/25 | For Sale | $60,000 | -- | $57 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $45,000 | -- |
Source: NorthstarMLS
MLS Number: 6726588
APN: R-25.01600510
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