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Multifamily Property with Electric Heat
New
For Sale
$174,619

510 Arnold Avenue N, Thief River Falls, MN 56701

Residential multifamily property offering 3,692 square feet in Thief River Falls.

Property Size3,692 SF
Price / SF$47.30
Days on Market3

Property Features for 510 Arnold Avenue N

General Information

Standard status Active
Size 3,692 SF
Property subtype Residential Income
Zoning Residential-Multi-Family

Taxes and HOA fees

Annual Taxes $3,298

Amenities

Electric, Hot Water
Full

Building Details

Building Size 3,692 SF
Year Built 1934
Stories 2
Listing Agency:
Listed By: Joshua Kofstad
Source: Evrealestate
Added: Aug 10 Changed: Aug 12 Last Checked: Aug 12 at 6:12AM

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 Joshua Kofstad

Investment Insights

Based on property information with market context.

This multifamily property contains 3,692 square feet and was built in 1934. The building includes electric service and hot-water heating, with a full interior feature noted in the property details.

Located at 510 Arnold Avenue N in Thief River Falls, the property is positioned 2 1/2 blocks north of 3rd St W and Arnold Ave N. The asset is designated Residential-Multi-Family and is situated in Pennington County.

Key Highlights

  • 3,692‑square‑foot multifamily property
  • Built in 1934
  • Residential‑Multi‑Family zoning

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Kitchen & Bath Showroom Parking Lot & Garage Skin Care Clinic HVAC Service Barber Shop Butcher

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

Location Intelligence

Trade Area within ½ mile

454
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Residential multifamily property offering 3,692 square feet in Thief River Falls.
Where is this multifamily property located?
The property is located at 510 Arnold Avenue N Thief River Falls, MN.
What is the asking price?
The asking price for this property is $174,619.
What are key features of this property?
This property features: 3,692‑square‑foot multifamily property; Built in 1934; Residential‑Multi‑Family zoning
More about this property
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