1403 SW 1st Avenue, Grand Rapids, MN 55744
3 Beds | 2 Baths | 1,698 Sq Ft | Single Family Home | MLS# 7105596
M Markdowns — Price Reduced — was $259,000 (↓ $20,000)
Is 1403 SW 1st Avenue a Good Deal?
BuyPulse Verdict
Excellent Value
At $141/sqft — This home is priced 27% below the typical Grand Rapids single-family home of $193/sqft.
Your Negotiating Position
76 — Strong buyer leverage
Day 98 — similar homes typically go under contract by day ~20. This one is past that window.
52% of recent sales closed at or over asking — about half hold full price.
24 similar homes for sale — alternatives if they won't move.
This seller already cut $20,000 — motivation showing.
Powered by the Realgorithm™ — 84 active Grand Rapids listings · NorthstarMLS
$1,544/month Estimated
- Principal & interest
- $1,209
- Property taxes
- $189
- Home insurance (est.)
- $139
- Special assessments
- $7
- HOA dues
- None
20% down ($47,800) · 30-yr fixed, 6.5% · Can I afford this home?
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
Located in Mcgowans Addto Grand Rapids, Grand Rapids, MN.
About This Home
Affordable story and a half home in the SW neighborhood close to schools, shopping, parks, and hospitals! You will love the practical layout of this home which includes 2 bedrooms and a full bath on the main level, kitchen, living room with large bay window and a convenient dining area off to the back porch. The upper level is comprised of a large master bedroom area with half bath and access to large private porch area above the carport. The backyard is fully fenced with plenty of plants, garden areas, and fruit trees to harvest the summer/fall! Don't miss your chance to make this convenient location your next home!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $179K and $299K in Grand Rapids:
- The field: 24 similar Grand Rapids homes for sale — you have options.
- Tempo: homes like this went pending in a median 20 days — 2 of the last 13 inside 4 days.
- Negotiation: 52% of the last 23 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 23 real Grand Rapids closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1958
- Garage
- 1-Car Detached
- Style
- Two
- HOA
- None
- Annual Taxes
- $2,267 (2026)
- Specials/yr
- $81
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,382
- Below Grade Sq Ft
- 316
- Lot Size
- 0.25 acres
- Basement
- Yes
- Roof
- Asphalt
- County
- Itasca
- List Date
- 2026-07-07
- Days on Market
- 98 days
- Parcel ID
- 916000250
Financial
- Total Tax incl. Assessments
- $2,348
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Range, Refrigerator
Interior Features
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 952 sqft
- Total Building Area
- 2,334 sqft
Exterior Features
- Exterior Features
- Vinyl
- Fenced Area
- Yes
- Other Structures
- Storage Shed
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Carport, Detached Garage, Asphalt
Lot & Land
- Lot Features
- Tree Coverage - Light
- Road Surface
- City Street, Paved Streets
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- RE/MAX Advantage Plus
Price History
- Price reduced to $239,000 — Aug 30, 2026
1403 SW 1st Avenue is listed in Grand Rapids, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1403 SW 1st Avenue
Associate Broker · Modern Market REALTORS®
Your Grand Rapids real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by RE/MAX Advantage Plus · 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# 7105596 · Data refreshed August 30, 2026
Similar Homes for Sale Near 1403 SW 1st Avenue, Grand Rapids, MN
Frequently Asked Questions About 1403 SW 1st Avenue
- Is $239,000 a good price for a home in Grand Rapids?
- According to BuyPulse, 1403 SW 1st Avenue rates Excellent Value — at $141/sqft it's priced 27% below the typical Grand Rapids single-family home of $193/sqft. Its negotiating-position score is 76/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Grand Rapids homes are closing versus list. Powered by the Realgorithm™. Browse Grand Rapids homes for sale to compare.
- What are the special assessments at 1403 SW 1st Avenue — and what do they mean?
- This property has $81/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 $2,267/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
- Does 1403 SW 1st Avenue have a basement?
- Yes, 1403 SW 1st Avenue has a basement with 316 sq ft of below-grade space.
- What type of heating and cooling does 1403 SW 1st Avenue have?
- 1403 SW 1st Avenue has Forced Air heating and Central Air cooling.
- Where is 1403 SW 1st Avenue located?
- 1403 SW 1st Avenue is in the Mcgowans Addto Grand Rapids neighborhood of Grand Rapids, MN 55744, in Itasca County.
- Is 1403 SW 1st Avenue still available?
- Yes — 1403 SW 1st Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1403 SW 1st Avenue built?
- 1403 SW 1st Avenue was built in 1958. It features an asphalt roof and a block foundation.
- How walkable is 1403 SW 1st Avenue?
- 1403 SW 1st Avenue has a Walk Score of 57/100 (Somewhat Walkable) and a Bike Score of 44/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1403 SW 1st Avenue are for sale in Grand Rapids?
- 24 similar homes (single-family homes between $179K and $299K in Grand Rapids) are for sale right now — you have options.
- How fast do homes like 1403 SW 1st Avenue sell in Grand Rapids?
- Homes like this one (single-family homes between $179K and $299K in Grand Rapids) went pending in a median 20 days over the last 90 days — 2 of the last 13 went under contract within 4 days.
- Do homes in Grand Rapids sell for asking price?
- 52% of the last 23 comparable Grand Rapids sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- 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 Grand Rapids area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 10:29 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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