502 NE 4th Avenue, Grand Rapids, MN 55744
3 Beds | 2 Baths | 1,591 Sq Ft | Single Family Home | MLS# 7106850
M Markdowns — Price Reduced — was $209,900 (↓ $4,000)
Is 502 NE 4th Avenue a Good Deal?
BuyPulse Verdict
Excellent Value
At $129/sqft — This home is priced 33% below the typical Grand Rapids single-family home of $193/sqft.
Your Negotiating Position
70 — Strong buyer leverage
Day 96 — similar homes typically go under contract by day ~12. This one is past that window.
63% of recent sales closed at or over asking — Grand Rapids sellers rarely discount.
23 similar homes for sale — alternatives if they won't move.
This seller already cut $4,000 — motivation showing.
Powered by the Realgorithm™ — 84 active Grand Rapids listings · NorthstarMLS
$1,346/month Estimated
- Principal & interest
- $1,041
- Property taxes
- $185
- Home insurance (est.)
- $120
- HOA dues
- None
20% down ($41,180) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Grand Rapids First Div, Grand Rapids, MN.
About This Home
This is a very nice three-bedroom home with stainless steel appliances , updated kitchen cabinets, lighting, and countertop. Large dining area with bay window and a bright and airy living room with a wood banister to upper-level bedrooms and an updated bath with ceramic tile shower and built in cabinets. Lower level features a L shaped family room with office space and a ¾ bath that is partially finished. There is an attached one stall garage with access from the main floor and lower level, private patio, newer built handicap ramp, and a galvanized fenced area for your pets. All on a double corner lot.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $154K and $257K in Grand Rapids:
- The field: 23 similar Grand Rapids homes for sale — you have options.
- Tempo: homes like this went pending in a median 12 days — 2 of the last 9 inside 4 days.
- Negotiation: 63% of the last 16 sales here closed at or over list — Grand Rapids doesn't discount.
Powered by the Realgorithm™ — 16 real Grand Rapids closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1925
- Garage
- 1-Car Attached
- Style
- Two
- HOA
- None
- Annual Taxes
- $2,224 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,291
- Below Grade Sq Ft
- 300
- Lot Size
- 0.16 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Frame
- County
- Itasca
- List Date
- 2026-07-09
- Days on Market
- 96 days
- Parcel ID
- 914152025
Financial
- Total Tax incl. Assessments
- $2,224
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Electric
- 100 Amp Service
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Range, Refrigerator
Interior Features
- Laundry
- Lower Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 625 sqft
- Total Building Area
- 1,916 sqft
Exterior Features
- Exterior Features
- Other
- Pool
- Yes
- Fenced Area
- Yes
- Accessibility Features
- Partially Wheelchair
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Lot Features
- Corner Lot
- Road Surface
- City Street
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM
Price History
Reduced $9,000 (4.2%)
- Price reduced to $214,900 — Aug 3, 2026
- Price reduced to $209,900 — Aug 18, 2026
- Price reduced to $205,900 — Sep 21, 2026
502 NE 4th Avenue is listed in Grand Rapids, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 502 NE 4th 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 MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM · 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# 7106850 · Data refreshed September 21, 2026
Similar Homes for Sale Near 502 NE 4th Avenue, Grand Rapids, MN
Frequently Asked Questions About 502 NE 4th Avenue
- Is $205,900 a good price for a home in Grand Rapids?
- According to BuyPulse, 502 NE 4th Avenue rates Excellent Value — at $129/sqft it's priced 33% below the typical Grand Rapids single-family home of $193/sqft. Its negotiating-position score is 70/100 (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.
- Does 502 NE 4th Avenue have a basement?
- Yes, 502 NE 4th Avenue has a basement with 300 sq ft of below-grade space.
- What type of heating and cooling does 502 NE 4th Avenue have?
- 502 NE 4th Avenue has Forced Air heating and Central Air cooling.
- Where is 502 NE 4th Avenue located?
- 502 NE 4th Avenue is in the Grand Rapids First Div neighborhood of Grand Rapids, MN 55744, in Itasca County.
- Is 502 NE 4th Avenue still available?
- Yes — 502 NE 4th Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 502 NE 4th Avenue built?
- 502 NE 4th Avenue was built in 1925. It features frame construction, an asphalt roof, and a block foundation.
- Does 502 NE 4th Avenue have main-floor laundry?
- No — the laundry at 502 NE 4th Avenue is in the lower level.
- How walkable is 502 NE 4th Avenue?
- 502 NE 4th Avenue has a Walk Score of 67/100 (Somewhat Walkable) and a Bike Score of 57/100 (Somewhat Bikeable). Scores provided by Walk Score® →
- How many homes like 502 NE 4th Avenue are for sale in Grand Rapids?
- 23 similar homes (single-family homes between $154K and $257K in Grand Rapids) are for sale right now — you have options.
- How fast do homes like 502 NE 4th Avenue sell in Grand Rapids?
- Homes like this one (single-family homes between $154K and $257K in Grand Rapids) went pending in a median 12 days over the last 90 days — 2 of the last 9 went under contract within 4 days.
- Do homes in Grand Rapids sell for asking price?
- 63% of the last 16 comparable Grand Rapids sales closed at or over list price — Grand Rapids doesn't discount. 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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