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614 Main Ave N, Park Rapids, MN, 56470

$229,900

Home List Price

$2,730*

Closing Credit

0 Baths
4,032 SqFt
$57/SqFt
House
Schools Nearby

Location

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614 Main Ave N, Park Rapids$229,900

Buyer Closing Credits

$2,730*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAsphalt, Open
Year Built1900
HeatingBaseboard, Forced Air
BasementYes
MLS #6503426
StatusActive

About 614 Main Ave N

Buy the triplex and get a duplex for free! If you are looking for an income producer then look no further. The location is ideal and the rental history is extremely consistent. The triplex includes 2800+ finished sq ft with (2) two bedroom units and (1) one bedroom unit. The duplex includes 1200+ finished sq ft with (2) one bedroom units. In total there are 5 units with 5 baths and over 4000 (above grade) finished sq ft. Each has natural gas or electric heat. All units are metered individually for electricity. The rental demand is as high as it has ever been with no slow down in sight. 614 Main Avenue N in beautiful downtown Park Rapids, MN is a great hedge for anyone looking to invest in the tangibles of real estate.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 4,032 SqFt

Listing Office:

  • Office Name: Affinity Real Estate Inc.

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Asphalt, Open

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air

School Info

Assigned Schools Information:

  • Park Rapids Senior High School, Public District Grades 9-12
  • Park Rapids Area Century Middle School, Public District Grades 5-8
  • Park Rapids Area Century Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Main Ave @ Hwy 34: Go North on Main Ave 6 Blocks to property on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,900
  • Price Per SqFt: $57/SqFt

Tax Information:

  • Annual Amount: $3,982
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Park Rapids, MN.

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Park Rapids, MN

City

Med. Sold Price

$290K

Med. Price/SqFt

$175

Avg. Days On Market

56

# of Sold Homes

12

614 Main Ave N vs Park Rapids

44 DAYS ON ROCKET

-12 Days

$229,900

-$60.1K Less

$57/SqFt

-$118 Less

KEY TAKEAWAY

This property is $60.1K less than the Median Sold Price and $118/SqFt less than other homes in Park Rapids, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6503426

Listing Office:

  • Office Name: Affinity Real Estate Inc.

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Last updated on: 4/28/2024, 12:52:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,982$154,800
2019$3,826$139,500
2018$3,844$139,600

History based on county public records data.

Payment Calculator

$1,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1998345
7
/10

  • Park Rapids Area Century Elementary School

  • 501 Helten Ave

  • 0.46 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1998346
3
/10

  • Park Rapids Area Century Middle School

  • 501 Helten Ave

  • 0.46 miles

  • Public District Grades 5-8

High School

school-card-donut-1998347
4
/10

  • Park Rapids Senior High School

  • 401 Huntsinger Ave

  • 0.24 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,764. The majority of Park Rapids, MN residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 614 Main Ave N

What is the listing price of this property?

The listing price of 614 Main Ave N property is $229,900.

What type of property is this?

The property 614 Main Ave N is a house located in Park Rapids, Minnesota, 56470.

Is this property for sale now?

Active Listing: 614 Main Ave N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 614 Main Ave N are:
Park Rapids Area Century Elementary School: GreatSchools Rating 7/10
Park Rapids Area Century Middle School: GreatSchools Rating 3/10
Park Rapids Senior High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,982 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 614 Main Ave N is 4,032 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 614 Main Ave N is 1900.

Rocket Homes›Minnesota›Hubbard County›Park Rapids›56470›614 Main Ave N

This home is located at 614 Main Ave N in Park Rapids, MN and zip code 56470. This 4,032 square foot home was built in 1900. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $229,900.

In March 2024 more than 5 listings in Park Rapids, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 6 were sold below. In March 2024 in Park Rapids, MN there were 28% more homes for sale than in February 2024. In March 2024 median list price was $290,000 and the average listing age was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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