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541 5th Street SE, Deer River, MN 56636

2 Beds | 2 Baths | 1,176 Sq Ft | Single Family Home | MLS# 7101681

$159,000
Deer River, MN Active

Located in Second Add To Itasca City, Deer River, MN.

About This Home

Fully renovated, fully furnished, and full of possibilities! This beautifully updated 2-bedroom, 2-bath home offers a flexible floor plan designed to fit a variety of needs. With kitchens and laundry on both the main and upper levels. There’s excellent potential to create separate living spaces, or explore a duplex conversion. Conveniently located just minutes from downtown Deer River, this move-in-ready property is perfect as a primary residence, vacation getaway, or investment opportunity. Don’t miss your chance to own a home where modern updates meet endless potential!

BuyPulse — Live Market Read

Homes like this one — single-family homes between $119K and $199K in Deer River:

  • The field: 10 similar Deer River homes for sale — you have options.

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Key Features

Property Type
Single Family
Year Built
1879
Above Grade
1,176 sq ft
Lot Size
0.16 acres
Heating
Forced Air
Cooling
None
Basement
Yes
Sewer
City Sewer/Connected
Water
City Water/Connected
Annual Taxes
$924.4
Special Assessments
$370
School District
Deer River
County
Itasca
Days on Market
12

541 5th Street SE is listed in Deer River, MN, part of Itasca. Browse all Minnesota homes for sale on Modern Market REALTORS®.

First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.

View Full Listing & Photos

MLS# 7101681

More Homes for Sale in Deer River, MN

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Frequently Asked Questions About 541 5th Street SE

Is $159,000 a good price for a home in Deer River?
At $135/sqft, this home is priced significantly below the typical Deer River single-family home of $294/sqft (54% lower), based on comparable active listings. Browse Deer River homes for sale to compare.
What are the special assessments at 541 5th Street SE — and what do they mean?
This property has $370/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $924.4/yr. Always factor both into your total monthly housing cost before making an offer.
How big is the lot at 541 5th Street SE?
The lot at 541 5th Street SE is 0.16 acres (6,970 sq ft).
Does 541 5th Street SE have a basement?
Yes, this home has a basement.
What type of heating and cooling does 541 5th Street SE have?
This home has Forced Air heating and None cooling.
How many homes like 541 5th Street SE are for sale in Deer River?
10 similar homes (single-family homes between $119K and $199K in Deer River) are for sale right now — you have options.