1930 single family home for sale at 508 NW 8th Avenue in Grand Rapids, MN — 3 bed, 2 bath (photo 1 of 11)

508 NW 8th Avenue, Grand Rapids, MN 55744

3 Beds | 2 Baths | 1,642 Sq Ft | Single Family Home | MLS# 7130764

$120,000

Is 508 NW 8th Avenue a Good Deal?

BuyPulse Verdict

Excellent Value

At $73/sqft — This home is priced 62% below the typical Grand Rapids single-family home of $193/sqft.

Powered by the Realgorithm™ — 84 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.

Grand Rapids, MN Active

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

Built
1930
Garage
1-Car Detached
Style
Two
HOA
None
Annual Taxes
$1,871 (2026)
Specials/yr
$81

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,642
Lot Size
0.2 acres
Basement
Yes
Roof
Age Over 8 Years, Asphalt
Construction
Frame
County
Itasca
List Date
2026-08-20
Days on Market
54 days
Parcel ID
914201235

Financial

Total Tax incl. Assessments
$1,952
Specials Pending
No

Home Systems & Utilities

Heating
Forced Air
Cooling
None
Electric
Circuit Breakers, 100 Amp Service
Water
City Water/Connected
Sewer
City Sewer/Connected
Appliances
Refrigerator

Interior Features

Laundry
Electric Dryer Hookup, In Kitchen, Main Level, Washer Hookup

Construction & Exterior

Construction & Structure

Foundation Type
Block
Foundation Area
821 sqft
Total Building Area
2,750 sqft

Exterior Features

Exterior Features
Fiber Board
Pool
Yes
Fenced Area
Yes
Other Structures
Garage(s)
Accessibility Features
None

Parking & Garage

Parking Features
Detached Garage

Lot & Land

Lot Features
Tree Coverage - Light
Road Surface
City Street, Paved Streets
Zoning Description
Residential-Single Family

Agent & Office

List Office
Real Broker,LLC

Price History

Listed at $120,000 on Aug 20, 2026 — No price changes

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®

Schedule a Home Tour View Full Listing & Photos

MLS# 7130764 · Data refreshed September 4, 2026

Similar Homes for Sale Near 508 NW 8th Avenue, Grand Rapids, MN

See all homes for sale in Grand Rapids, MN →

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 62% below the typical Grand Rapids single-family home of $193/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.

What special assessments cost in Fargo-Moorhead — live figures on every home for sale.

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.
How walkable is 508 NW 8th Avenue?
508 NW 8th Avenue has a Walk Score of 56/100 (Somewhat Walkable) and a Bike Score of 45/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →

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 10/13/2026, 9:31 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.

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.