1207 1st Street E, Park Rapids, MN 56470
Just Listed — listed August 3, 2026 · M Premiere
2 Beds | 2 Baths | 1,206 Sq Ft | Single Family Home | MLS# 7121455
BuyPulse Grade
Below Market
At $174/sqft — This home is priced 22% below the typical Park Rapids single-family home of $223/sqft.
Powered by the Realgorithm™ — 73 active Park Rapids listings · NorthstarMLS
$1,296/month Estimated
- Principal & interest
- $1,061
- Property taxes
- $93
- Home insurance (est.)
- $122
- Special assessments
- $20
- HOA dues
- None
20% down ($41,980) · 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.
Deciding Week · Day 3 of 7
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
About This Home
Enjoy the timeless charm of this meticulously maintained 1948 Park Rapids city home, where beautiful hardwood floors and classic archway opening preserve the authentic character of a true 1940s gem while thoughtful, as-needed updates keep it comfortable for today's living. This inviting 2-bedroom, 2-bathroom home sits on two lots for extra space and flexibility, and features a spacious 22x28 detached garage with plenty of room for vehicles, toys, and storage. Located just minutes from the scenic Heartland Trail, close to shopping and everyday conveniences, and with quick access to UTV and snowmobile trails for year-round adventure, this home offers the perfect blend of vintage appeal and practical comfort.
BuyPulse — Live Market Read
Homes like this one — single-family homes between $157K and $262K in Park Rapids:
- The field: 15 similar Park Rapids homes for sale — you have options.
Powered by the Realgorithm™ — real Park Rapids closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1948
- Above Grade
- 828 sq ft
- Below Grade
- 378 sq ft
- Lot Size
- 0.49 acres
- Lot Features
- Corner Lot, Tree Coverage - Light
- Garage
- 2-car (Detached Garage, Concrete, Electric, Garage Door Opener)
- Heating
- Forced Air
- Cooling
- Central Air, Dual
- Basement
- Finished
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Range, Refrigerator, Washer
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected, Drilled, Well
- Annual Taxes
- $1,110
- Special Assessments
- $245
- County
- Hubbard
- Days on Market
- 2
1207 1st Street E is listed in Park Rapids, MN, part of Hubbard County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1207 1st Street E
Shannon Barnum
Associate Broker · Modern Market REALTORS®
Your Park Rapids real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Coldwell Banker Crown Realtors · 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# 7121455 · Data refreshed August 5, 2026
More Homes for Sale in Park Rapids, MN
Frequently Asked Questions About 1207 1st Street E
- Is $209,900 a good price for a home in Park Rapids?
- At $174/sqft, this home is priced below the typical Park Rapids single-family home of $223/sqft (22% lower), according to our BuyPulse comparison of comparable active listings. Browse Park Rapids homes for sale to compare.
- What are the special assessments at 1207 1st Street E — and what do they mean?
- This property has $245/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 $1,110/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 1207 1st Street E have a basement?
- Yes, 1207 1st Street E has a finished basement with 378 sq ft of below-grade space.
- What type of heating and cooling does 1207 1st Street E have?
- 1207 1st Street E has Forced Air heating and Central Air, Dual cooling.
- Where is 1207 1st Street E located?
- 1207 1st Street E is in Park Rapids, MN 56470, in Hubbard County.
- Is 1207 1st Street E still available?
- Yes — 1207 1st Street E is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1207 1st Street E built?
- 1207 1st Street E was built in 1948. It features block, frame construction and a block foundation.
- Does 1207 1st Street E have main-floor laundry?
- No — the laundry at 1207 1st Street E is in the lower level.
- How walkable is 1207 1st Street E?
- 1207 1st Street E has a Walk Score of 44/100 (Car-Dependent) and a Bike Score of 38/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1207 1st Street E are for sale in Park Rapids?
- 15 similar homes (single-family homes between $157K and $262K in Park Rapids) are for sale right now — you have options.
- What does "M Premiere" mean?
- M Premiere is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
- 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 Park Rapids area.