406 1st Street NE, Deer River, MN 56636
3 Beds | 2 Baths | 1,732 Sq Ft | Single Family Home | MLS# 7055195
Price Drop on M Markdowns — was $199,900 (↓ $5,900)
BuyPulse Grade
Well Below Market
At $112/sqft — This home is priced 63% below the typical Deer River single-family home of $304/sqft.
Powered by the Realgorithm™ — 31 active Deer River listings · NorthstarMLS
$1,333/month Estimated
- Principal & interest
- $981
- Property taxes
- $239
- Home insurance (est.)
- $113
- HOA dues
- None
20% down ($38,800) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Ingersolls Add To Itasca City, Deer River, MN.
About This Home
Welcome home to this charming and inviting 3-bedroom, 2-bath, one-and-a-half story property, perfect for comfortable living. Step into the spacious living room, where newly refinished hardwood floors create a cozy space for relaxing or entertaining. The main floor offers convenient laundry at the rear entry, complete with Whirlpool washer and dryer, as well as a bedroom and bathroom for easy access. Freshly painted interior on the main level adds a bright and cheerful touch. Upstairs you will find 2 nice size bedrooms and another full bathroom. The exterior is designed for easy maintenance with vinyl siding and windows. Enjoy ample parking and hobby space in the three-stall garage, —a special bonus is the insulated stall with a relaxing sauna tucked in the corner. Storage needs are met with a lean-to behind the garage and a small shed, perfect for garden tools. Plus, the spacious concrete area stretching from the back of the house to the garage provides a welcoming spot for patio furniture and a BBQ grill, making it perfect for relaxing or entertaining outdoors.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $146K and $243K in Deer River:
- The field: 11 similar Deer River homes for sale — you have options.
Powered by the Realgorithm™ — real Deer River closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1950
- Above Grade
- 1,732 sq ft
- Lot Size
- 0.30 acres
- Garage
- 3-car (Detached Garage)
- Heating
- Forced Air
- Cooling
- None
- Basement
- Yes
- Appliances
- Dryer, Refrigerator, Washer
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $2,868
- County
- Itasca
- Days on Market
- 117
406 1st Street NE is listed in Deer River, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 406 1st Street NE
Shannon Barnum
Associate Broker · Modern Market REALTORS®
Your Deer River real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by COLDWELL BANKER NORTHWOODS · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7055195 · Data refreshed August 4, 2026
More Homes for Sale in Deer River, MN
Frequently Asked Questions About 406 1st Street NE
- Is $194,000 a good price for a home in Deer River?
- At $112/sqft, this home is priced significantly below the typical Deer River single-family home of $304/sqft (63% lower), according to our BuyPulse comparison of comparable active listings. Browse Deer River homes for sale to compare.
- Does 406 1st Street NE have a basement?
- Yes, 406 1st Street NE has a basement.
- What type of heating and cooling does 406 1st Street NE have?
- 406 1st Street NE has Forced Air heating and None cooling.
- Where is 406 1st Street NE located?
- 406 1st Street NE is in the Ingersolls Add neighborhood of Deer River, MN 56636, in Itasca County.
- Is 406 1st Street NE still available?
- Yes — 406 1st Street NE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 406 1st Street NE built?
- 406 1st Street NE was built in 1950. It features frame construction, an asphalt roof, and a block foundation.
- Does 406 1st Street NE have main-floor laundry?
- Yes — the laundry at 406 1st Street NE is on the main level.
- How many homes like 406 1st Street NE are for sale in Deer River?
- 11 similar homes (single-family homes between $146K and $243K in Deer River) are for sale right now — you have options.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- What does "BuyPulse" mean?
- BuyPulse is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Deer River area.