601 SW 1st Avenue, Grand Rapids, MN 55744
3 Beds | 2 Baths | 2,470 Sq Ft | Single Family Home | MLS# 7132353
Is 601 SW 1st Avenue a Good Deal?
BuyPulse Verdict
Excellent Value
At $81/sqft — This home is priced 59% below the typical Grand Rapids single-family home of $199/sqft.
Your Negotiating Position: 44 — Seller-leaning market
Powered by the Realgorithm™ — 83 active Grand Rapids listings · NorthstarMLS
$1,492/month Estimated
- Principal & interest
- $1,011
- Property taxes
- $364
- Home insurance (est.)
- $117
- HOA dues
- None
20% down ($40,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Deciding Week · Day 6 of 7
33% of the last 9 homes like this one went under contract within the first week.
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
Located in Central Div Of Grand Rapids, Grand Rapids, MN.
About This Home
Diamond in the Rough with Great Potential! This spacious 3-bedroom, 2-bath home offers plenty of room to make it your own. Features include a full walk-out basement with a recreation room, bar/kitchen area, and built-in wood-burning rock fireplace—perfect for entertaining or relaxing. Enjoy the convenience of a 2-car attached garage and a large deck located over the garage, providing an ideal outdoor space. Situated on a nearly 1/2-acre city lot with city sewer and water, this property offers a desirable combination of space and convenience. Its location puts shopping, dining, and area businesses just minutes away. The home is in need of TLC but presents an excellent opportunity for an investor, renovator, or buyer looking to build equity. Priced more than $100,000 below assessed value—bring your vision and unlock the potential!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $150K and $250K in Grand Rapids:
- The field: 18 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.
Powered by the Realgorithm™ — real Grand Rapids closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1969
- Above Grade
- 1,480 sq ft
- Below Grade
- 990 sq ft
- Lot Size
- 0.48 acres
- Garage
- 2-car (Attached Garage)
- Heating
- Baseboard, Boiler
- Cooling
- Ductless Mini-Split
- Basement
- Yes
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $4,370
- County
- Itasca
- Days on Market
- 4
601 SW 1st Avenue is listed in Grand Rapids, MN, part of Itasca County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 601 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 CENTURY 21 LAND OF LAKES · 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# 7132353 · Data refreshed August 25, 2026
Similar Homes for Sale Near 601 SW 1st Avenue, Grand Rapids, MN
Frequently Asked Questions About 601 SW 1st Avenue
- Is $200,000 a good price for a home in Grand Rapids?
- According to BuyPulse, 601 SW 1st Avenue rates Excellent Value — at $81/sqft it's priced 59% below the typical Grand Rapids single-family home of $199/sqft. Its negotiating-position score is 44/100 (Seller-leaning market), 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 601 SW 1st Avenue have a basement?
- Yes, 601 SW 1st Avenue has a basement with 990 sq ft of below-grade space.
- What type of heating and cooling does 601 SW 1st Avenue have?
- 601 SW 1st Avenue has Baseboard, Boiler heating and Ductless Mini-Split cooling.
- Where is 601 SW 1st Avenue located?
- 601 SW 1st Avenue is in the Central Div Of Grand Rapids neighborhood of Grand Rapids, MN 55744, in Itasca County.
- Is 601 SW 1st Avenue still available?
- Yes — 601 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 601 SW 1st Avenue built?
- 601 SW 1st Avenue was built in 1969. It features frame construction and a block foundation.
- How walkable is 601 SW 1st Avenue?
- 601 SW 1st Avenue has a Walk Score of 53/100 (Somewhat Walkable) and a Bike Score of 52/100 (Somewhat Bikeable). Scores provided by Walk Score® →
- How many homes like 601 SW 1st Avenue are for sale in Grand Rapids?
- 18 similar homes (single-family homes between $150K and $250K in Grand Rapids) are for sale right now — you have options.
- How fast do homes like 601 SW 1st Avenue sell in Grand Rapids?
- Homes like this one (single-family homes between $150K and $250K 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.
- 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.