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 58% below the typical Grand Rapids single-family home of $193/sqft.
Your Negotiating Position
62 — Balanced market
Day 49 — similar homes typically go under contract by day ~18. This one is past that window.
69% of recent sales closed at or over asking — Grand Rapids sellers rarely discount.
22 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 84 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.
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: 22 similar Grand Rapids homes for sale — you have options.
- Tempo: homes like this went pending in a median 18 days — 2 of the last 10 inside 4 days.
- Negotiation: 69% 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
- 1969
- Garage
- 2-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $4,370 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,480
- Below Grade Sq Ft
- 990
- Lot Size
- 0.48 acres
- Basement
- Yes
- Roof
- Age Over 8 Years, Asphalt
- Construction
- Frame
- County
- Itasca
- List Date
- 2026-08-24
- Days on Market
- 49 days
- Parcel ID
- 914803710
Financial
- Total Tax incl. Assessments
- $4,370
Home Systems & Utilities
- Heating
- Baseboard, Boiler
- Cooling
- Ductless Mini-Split
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Interior Features
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,320 sqft
- Total Building Area
- 2,800 sqft
Exterior Features
- Exterior Features
- Other
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Road Surface
- City Street
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- CENTURY 21 LAND OF LAKES
Price History
Listed at $200,000 on Aug 24, 2026 — No price changes
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
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 September 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 58% below the typical Grand Rapids single-family home of $193/sqft. Its negotiating-position score is 62/100 (Balanced 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?
- 22 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 18 days over the last 90 days — 2 of the last 10 went under contract within 4 days.
- Do homes in Grand Rapids sell for asking price?
- 69% 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 "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, 12:00 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.