508 NW 8th Avenue, Grand Rapids, MN 55744
3 Beds | 2 Baths | 1,642 Sq Ft | Single Family Home | MLS# 7130764
Is 508 NW 8th Avenue a Good Deal?
BuyPulse Verdict
Excellent Value
At $73/sqft — This home is priced 63% below the typical Grand Rapids single-family home of $199/sqft.
Powered by the Realgorithm™ — 83 active Grand Rapids listings · NorthstarMLS
$840/month Estimated
- Principal & interest
- $607
- Property taxes
- $156
- Home insurance (est.)
- $70
- Special assessments
- $7
- HOA dues
- None
20% down ($24,000) · 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 Grand Rapids Second Div, Grand Rapids, MN.
About This Home
Opportunity awaits in Northwest Grand Rapids! This 3-bedroom, 2-bath home offers an affordable opportunity for a buyer ready to bring some ideas and build equity. All three bedrooms are located together on the upper level, while the main floor offers plenty of living space and a functional kitchen ready for your personal touch. Some of the big-ticket items have already been addressed, including a newer natural gas forced-air furnace and new water heater. Outside, you’ll also find a detached one-stall garage. Conveniently located near downtown Grand Rapids with easy access to shopping, restaurants, parks and other area amenities. Whether you’re looking for an affordable home to make your own or your next renovation project, there’s plenty of potential here. Bring your ideas and make it yours!
Key Features
- Property Type
- Single Family
- Year Built
- 1930
- Above Grade
- 1,642 sq ft
- Lot Size
- 0.20 acres
- Lot Features
- Tree Coverage - Light
- Garage
- 1-car (Detached Garage)
- Heating
- Forced Air
- Cooling
- None
- Basement
- Yes
- Appliances
- Refrigerator
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $1,871
- Special Assessments
- $81
- County
- Itasca
- Days on Market
- 8
508 NW 8th Avenue is listed in Grand Rapids, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 508 NW 8th 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 Real Broker,LLC · 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# 7130764 · Data refreshed August 21, 2026
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Frequently Asked Questions About 508 NW 8th Avenue
- Is $120,000 a good price for a home in Grand Rapids?
- According to BuyPulse, 508 NW 8th Avenue rates Excellent Value — at $73/sqft it's priced 63% below the typical Grand Rapids single-family home of $199/sqft. Powered by the Realgorithm™. Browse Grand Rapids homes for sale to compare.
- What are the special assessments at 508 NW 8th 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 $1,871/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 508 NW 8th Avenue have a basement?
- Yes, 508 NW 8th Avenue has a basement.
- What type of heating and cooling does 508 NW 8th Avenue have?
- 508 NW 8th Avenue has Forced Air heating and None cooling.
- Where is 508 NW 8th Avenue located?
- 508 NW 8th Avenue is in the Grand Rapids Second Div neighborhood of Grand Rapids, MN 55744, in Itasca County.
- Is 508 NW 8th Avenue still available?
- Yes — 508 NW 8th Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 508 NW 8th Avenue built?
- 508 NW 8th Avenue was built in 1930. It features frame construction and a block foundation.
- Does 508 NW 8th Avenue have main-floor laundry?
- Yes — the laundry at 508 NW 8th Avenue is on the main level.
Local Companies to Help You Settle In
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