405 SW 1st Avenue, Grand Rapids, MN 55744
4 Beds | 2 Baths | 1,728 Sq Ft | Single Family Home | MLS# 7119663
BuyPulse Grade
Below Market
At $177/sqft — This home is priced 14% below the typical Grand Rapids single-family home of $205/sqft.
Powered by the Realgorithm™ — 77 active Grand Rapids listings · NorthstarMLS
$1,950/month Estimated
- Principal & interest
- $1,542
- Property taxes
- $223
- Home insurance (est.)
- $178
- Special assessments
- $7
- HOA dues
- None
20% down ($61,000) · 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 Central Div Of Grand Rapids, Grand Rapids, MN.
About This Home
Welcome to this beautifully maintained 4-bedroom, 2-bath home offering the perfect combination of space, style, and convenience! Situated on a generously sized lot in a desirable Grand Rapids neighborhood, this move-in ready home features an open-concept upper level with rich hardwood floors, a spacious living room, and a bright kitchen and dining area designed for everyday living and entertaining. The private primary suite offers a walk-in closet and an attached full bath, creating a comfortable retreat at the end of the day. The finished walkout lower level includes three additional bedrooms, a second full bath, and a versatile bonus room complete with built-in cabinetry ideal for a home office, hobby space, or family room. Step outside to enjoy the fully fenced backyard, perfect for kids, pets, and summer gatherings, while the elevated deck provides a great spot for grilling or relaxing. A detached two-stall garage, attractive landscaping, and excellent curb appeal complete this fantastic property. Located just minutes from schools, parks, shopping, and all the amenities Grand Rapids has to offer, this home checks all the boxes for comfortable, convenient living. Don't miss your opportunity to make this exceptional property your next home!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $229K and $381K in Grand Rapids:
- The field: 25 similar Grand Rapids homes for sale — you have options.
- Tempo: homes like this went pending in a median 20 days — 3 of the last 15 inside 4 days.
- Negotiation: 61% of the last 28 sales here closed at or over list — Grand Rapids doesn't discount.
Powered by the Realgorithm™ — 28 real Grand Rapids closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1979
- Above Grade
- 864 sq ft
- Below Grade
- 864 sq ft
- Lot Size
- 0.30 acres
- Lot Features
- Irregular Lot, Tree Coverage - Medium
- Garage
- 2-car (Detached Garage, Gravel, Garage Door Opener)
- Heating
- Baseboard, Hot Water
- Cooling
- Ductless Mini-Split
- Basement
- Finished
- Appliances
- Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $2,675
- Special Assessments
- $81
- County
- Itasca
- Days on Market
- 12
405 SW 1st Avenue is listed in Grand Rapids, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 405 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®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7119663 · Data refreshed August 3, 2026
More Homes for Sale in Grand Rapids, MN
Frequently Asked Questions About 405 SW 1st Avenue
- Is $305,000 a good price for a home in Grand Rapids?
- At $177/sqft, this home is priced below the typical Grand Rapids single-family home of $205/sqft (14% lower), according to our BuyPulse comparison of comparable active listings. Browse Grand Rapids homes for sale to compare.
- What are the special assessments at 405 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 $2,675/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 405 SW 1st Avenue have a basement?
- Yes, 405 SW 1st Avenue has a finished basement with 864 sq ft of below-grade space.
- What type of heating and cooling does 405 SW 1st Avenue have?
- 405 SW 1st Avenue has Baseboard, Hot Water heating and Ductless Mini-Split cooling.
- Where is 405 SW 1st Avenue located?
- 405 SW 1st Avenue is in the Central Div Of Grand Rapids neighborhood of Grand Rapids, MN 55744, in Itasca County.
- Is 405 SW 1st Avenue still available?
- Yes — 405 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 405 SW 1st Avenue built?
- 405 SW 1st Avenue was built in 1979. It features an asphalt roof and a block foundation.
- How walkable is 405 SW 1st Avenue?
- 405 SW 1st Avenue has a Walk Score of 52/100 (Somewhat Walkable) and a Bike Score of 51/100 (Somewhat Bikeable). Scores provided by Walk Score® →
- How many homes like 405 SW 1st Avenue are for sale in Grand Rapids?
- 25 similar homes (single-family homes between $229K and $381K in Grand Rapids) are for sale right now — you have options.
- How fast do homes like 405 SW 1st Avenue sell in Grand Rapids?
- Homes like this one (single-family homes between $229K and $381K in Grand Rapids) went pending in a median 20 days over the last 90 days — 3 of the last 15 went under contract within 4 days.
- Do homes in Grand Rapids sell for asking price?
- 61% of the last 28 comparable Grand Rapids sales closed at or over list price — Grand Rapids doesn't discount. Based on real NorthstarMLS closings, not estimates.
- 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.