Building Details

Buildings 1

Listing Agency: USA Realty j***@gmail.com Show Phone

Listed By: Joshua Kofstad Show Phone

Source: Exprealty

Added: Aug 10 Changed: Aug 18 Last Checked: Aug 20 at 11:21AM

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Investment Insights

Based on property information with market context.

This multifamily property is configured as a triplex at 623 Horace Ave N in Thief River Falls, Minnesota. The building offers three residential units within a single property.

Key Highlights

• Triplex configuration with three residential units
• Located at 623 Horace Ave N, Thief River Falls, MN
• Multifamily property in northwest Minnesota

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Kitchen & Bath Showroom HVAC Service Parking Lot & Garage

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

3

Residential units

Location Intelligence

Trade Area within ½ mile

568

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Triplex - Three-unit residential property at 623 Horace Ave N in Thief River Falls, Minnesota.

Where is this triplex located?

The property is located at 623 Horace Ave N Thief River Falls, MN.

What is the asking price?

The asking price for this property is $118,000.

What are key features of this property?

This property features: Triplex configuration with three residential units; Located at 623 Horace Ave N, Thief River Falls, MN; Multifamily property in northwest Minnesota