516 W Minnesota Avenue, Mahnomen, MN 56557
1 Bed | 1 Bath | 780 Sq Ft | Single Family Home | MLS# 7034668
Is 516 W Minnesota Avenue a Good Deal?
BuyPulse Verdict
Excellent Value
At $53/sqft — This home is priced 55% below the Mahnomen median of $119/sqft.
Powered by the Realgorithm™ — 4 active Mahnomen listings · NorthstarMLS
$269/month Estimated
- Principal & interest
- $207
- Property taxes (est.)
- $38
- Home insurance (est.)
- $24
- HOA dues
- None
20% down ($8,200) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Johnsons First Add To Mahnomen, Mahnomen, MN.
About This Home
This 1-bedroom, 1-bath rambler sits on a spacious lot and offers a great opportunity for buyers looking to add value through improvements. The property provides a simple layout and manageable size, making it a practical option for those interested in renovation projects. With its single-level design and larger lot, the property offers flexibility for a variety of potential updates and future improvements. The home also presents the potential to be converted into a 2-bedroom by adding a proper egress window to an additional room, creating added functionality and value. Whether you are looking for a project property, a potential rental, or a home where you can build equity through updates, this property offers plenty of possibilities. Conveniently located within Mahnomen, the property provides access to local amenities while still offering the space of a larger lot. If you are looking for a property with potential and room for improvements, this could be a great opportunity to consider. Property being sold as-is. Personal property in house will be left with the house. Will not go FHA, VA, or USDA.
Key Features
- Property Type
- Single Family
- Year Built
- 1940
- Above Grade
- 780 sq ft
- Lot Size
- 0.32 acres
- Lot Features
- Corner Lot
- Heating
- Forced Air
- Cooling
- None
- Basement
- Yes
- Appliances
- Range, Refrigerator
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- County
- Mahnomen
- Days on Market
- 171
516 W Minnesota Avenue is listed in Mahnomen, MN, part of Mahnomen County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 516 W Minnesota Avenue
Shannon Barnum
Associate Broker · Modern Market REALTORS®
Your Mahnomen real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by eXp Realty (3523 FGO) · 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# 7034668 · Data refreshed July 31, 2026
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Frequently Asked Questions About 516 W Minnesota Avenue
- Is $41,000 a good price for a home in Mahnomen?
- According to BuyPulse, 516 W Minnesota Avenue rates Excellent Value — at $53/sqft it's priced 55% below the Mahnomen median of $119/sqft. Powered by the Realgorithm™. Browse Mahnomen homes for sale to compare.
- Does 516 W Minnesota Avenue have a basement?
- Yes, 516 W Minnesota Avenue has a basement.
- What type of heating and cooling does 516 W Minnesota Avenue have?
- 516 W Minnesota Avenue has Forced Air heating and None cooling.
- Where is 516 W Minnesota Avenue located?
- 516 W Minnesota Avenue is in the Johnsons First Add neighborhood of Mahnomen, MN 56557, in Mahnomen County.
- Is 516 W Minnesota Avenue still available?
- Yes — 516 W Minnesota Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 516 W Minnesota Avenue built?
- 516 W Minnesota Avenue was built in 1940. It features an architectural shingle roof and a concrete perimeter foundation.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Mahnomen area.