401 NE 7th Street, Grand Rapids, MN 55744
2 Beds | 1 Bath | 1,593 Sq Ft | Single Family Home | MLS# 7121943
BuyPulse Grade
Well Below Market
At $116/sqft — This home is priced 43% below the typical Grand Rapids single-family home of $205/sqft.
Powered by the Realgorithm™ — 77 active Grand Rapids listings · NorthstarMLS
$1,220/month Estimated
- Principal & interest
- $935
- Property taxes
- $170
- Home insurance (est.)
- $108
- Special assessments
- $7
- HOA dues
- None
20% down ($37,000) · 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 Adams Add To Grand Rapids, Grand Rapids, MN.
About This Home
Located at the bottom of "Murphy Hill", 401 NE 7th Street is full of character, functionality, and room to grow. Hardwood floors bring warmth to the main level, which includes a comfortable living room, dining area, kitchen, a spacious full bathroom oasis, and a welcoming front entry. Upstairs, you’ll find two bedrooms with ample storage and charming dormer spaces that add personality and versatility. The basement offers an opportunity to create additional living space, a home office, recreation room, future bedroom, or hobby area while still leaving plenty of room for storage. Outside, the oversized garage provides valuable space for vehicles, tools, toys, a workshop, or additional storage. Conveniently located near schools, parks, shopping, and downtown Grand Rapids, this home offers a solid combination of charm, practical space, and future potential.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $139K and $231K in Grand Rapids:
- The field: 13 similar Grand Rapids homes for sale — you have options.
Powered by the Realgorithm™ — real Grand Rapids closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1938
- Above Grade
- 1,449 sq ft
- Below Grade
- 144 sq ft
- Lot Size
- 0.26 acres
- Lot Features
- Tree Coverage - Medium
- Garage
- 2-car (Detached Garage, Concrete, Garage Door Opener)
- Heating
- Forced Air
- Cooling
- Window Unit(s)
- Basement
- Yes
- Appliances
- Dishwasher, Dryer, Humidifier, Gas Water Heater, Range, Refrigerator, Washer
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $2,045
- Special Assessments
- $81
- County
- Itasca
- Days on Market
- 7
401 NE 7th Street is listed in Grand Rapids, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 401 NE 7th Street
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 GRAND PROPERTIES REAL ESTATE · 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# 7121943 · Data refreshed August 6, 2026
More Homes for Sale in Grand Rapids, MN
Frequently Asked Questions About 401 NE 7th Street
- Is $185,000 a good price for a home in Grand Rapids?
- At $116/sqft, this home is priced significantly below the typical Grand Rapids single-family home of $205/sqft (43% lower), according to our BuyPulse comparison of comparable active listings. Browse Grand Rapids homes for sale to compare.
- What are the special assessments at 401 NE 7th Street — 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 $2,045/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 401 NE 7th Street have a basement?
- Yes, 401 NE 7th Street has a basement with 144 sq ft of below-grade space.
- What type of heating and cooling does 401 NE 7th Street have?
- 401 NE 7th Street has Forced Air heating and Window Unit(s) cooling.
- Where is 401 NE 7th Street located?
- 401 NE 7th Street is in the Adams Add neighborhood of Grand Rapids, MN 55744, in Itasca County.
- Is 401 NE 7th Street still available?
- Yes — 401 NE 7th Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 401 NE 7th Street built?
- 401 NE 7th Street was built in 1938. It features an asphalt roof and a block foundation.
- Does 401 NE 7th Street have main-floor laundry?
- No — the laundry at 401 NE 7th Street is in the lower level.
- How walkable is 401 NE 7th Street?
- 401 NE 7th Street has a Walk Score of 56/100 (Somewhat Walkable) and a Bike Score of 37/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 401 NE 7th Street are for sale in Grand Rapids?
- 13 similar homes (single-family homes between $139K and $231K in Grand Rapids) are for sale right now — you have options.
- 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.