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Four-Unit Quadplex
For Sale
$113,000

415 1st St E, Thief River Falls, MN 56701

The property contains four residential units in a multifamily configuration.

Property Size2,088 SF
Price / SF$54.12
Days on Market11

Property Features for 415 1st St E

General Information

Standard status Active
Size 2,088 SF
Property subtype Residential Income

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $1,928
Listing Agency: USA Realty
Listed By: Joshua Kofstad
Source: Exprealty
Added: Aug 10 Changed: Aug 17 Last Checked: Aug 19 at 2:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of USA Realty

Investment Insights

Based on property information with market context.

This quadplex contains four residential units within a 2,088-square-foot property. The asset is located at 415 1st St E in Thief River Falls, Minnesota, providing a defined multifamily property profile for acquisition consideration.

Key Highlights

  • Four residential units
  • 2,088 square feet of property size
  • Located at 415 1st St E, Thief River Falls, MN

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

569
Businesses Nearby

Demographics for 56701, MN

12,798
Population
6,246
Households
2
Avg Household Size
40
Median Age
20%
College-Educated
95%
High-School Grad
383.0 sq mi
ZIP Area
33
Density / Sq Mi
$73,243
Median Household Income
$46,917
Median Earnings
$897
Median Rent
$189,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - The property contains four residential units in a multifamily configuration.
Where is this quadplex located?
The property is located at 415 1st St E Thief River Falls, MN.
What is the asking price?
The asking price for this property is $113,000.
What are key features of this property?
This property features: Four residential units; 2,088 square feet of property size; Located at 415 1st St E, Thief River Falls, MN
More about this property
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