1958 single family home for sale at 1403 SW 1st Avenue in Grand Rapids, MN — 3 bed, 2 bath (photo 1 of 26)

1403 SW 1st Avenue, Grand Rapids, MN 55744

M Premiere — Just Listed — listed October 14, 2026

3 Beds | 2 Baths | 1,698 Sq Ft | Single Family Home | MLS# 7159878

$224,000

$1,460/month Estimated

Principal & interest
$1,133
Property taxes
$189
Home insurance (est.)
$131
Special assessments
$7
HOA dues
None

20% down ($44,800) · 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.

Grand Rapids, MN Active

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

Is 1403 SW 1st Avenue a Good Deal?

At $132/sqft, this home is priced $61/sqft below the typical Grand Rapids single-family home of $193/sqft.

The median list price in Grand Rapids is $339,900.

Verdict: Excellent Value

Your negotiating position

40 Seller-leaning market

Seller's market · Balanced · Buyer leverage

Day 3 — similar homes typically go under contract by day ~22, so this one is early in its window.

52% of recent sales closed at or over asking — about half hold full price.

27 similar homes for sale — alternatives if they won't move.

Homes like this one — single-family homes between $168K and $280K in Grand Rapids:

  • The field: 27 similar Grand Rapids homes for sale — you have options.
  • Tempo: homes like this went pending in a median 22 days — 3 of the last 16 inside 4 days.
  • Negotiation: 52% of the last 25 sales here closed at or over list — about half hold full price.
  • Price cuts: 14 of 27 similar homes have trimmed asking — median trim $12,000. This one hasn't budged.

Powered by the Realgorithm™ — 25 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
2026-10-14
Days on Market
3 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

Listed at $224,000 on Oct 14, 2026 — No price changes

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

Shannon Barnum

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®

Schedule a Home Tour View Full Listing & Photos

MLS# 7159878 · Data refreshed October 15, 2026

Similar Homes for Sale Near 1403 SW 1st Avenue, Grand Rapids, MN

See all homes for sale in Grand Rapids, MN →

Frequently Asked Questions About 1403 SW 1st Avenue

Is $224,000 a good price for a home in Grand Rapids?
According to BuyPulse, 1403 SW 1st Avenue rates Excellent Value — at $132/sqft it's priced 32% below the typical Grand Rapids single-family home of $193/sqft. Its negotiating-position score is 40/100 (Seller-leaning market), 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?
27 similar homes (single-family homes between $168K and $280K 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 $168K and $280K in Grand Rapids) went pending in a median 22 days over the last 90 days — 3 of the last 16 went under contract within 4 days.
Do homes in Grand Rapids sell for asking price?
52% of the last 25 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 Premiere" mean?
M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
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.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/17/2026, 6:09 PM 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.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.