400 Riverside Avenue, Park Rapids, MN 56470
6 Beds | 2 Baths | 2,888 Sq Ft | Multi-Family | MLS# 7115016
BuyPulse Grade
Well Below Market
At $83/sqft — This home is priced 62% below the Park Rapids median of $220/sqft.
Powered by the Realgorithm™ — 76 active Park Rapids listings · NorthstarMLS
$1,805/month Estimated
- Principal & interest
- $1,213
- Property taxes
- $273
- Home insurance (est.)
- $140
- Special assessments
- $179 + pending
- HOA dues
- None
20% down ($47,980) · 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.
About This Home
Fantastic investment opportunity! This large duplex is located at 400 Riverside Avenue in Park Rapids. Neck deck installed on the back of the upper unit overlooking the river and the hydro dam. Wonderful location with 2 extra large rental units with separate entrances. Also includes a detached garage for use of each tenant. Great long term potential for a new landlord to take ownership.
Key Features
- Property Type
- Duplex Up and Down
- Year Built
- 1901
- Above Grade
- 2,888 sq ft
- Lot Size
- 0.42 acres
- Garage
- 2-car (Detached Garage, Asphalt, Concrete, Driveway - Other Surface, Paved Lot)
- Heating
- Forced Air
- Basement
- Yes
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $3,276.04
- Special Assessments
- $2,150
- County
- Hubbard
- Days on Market
- 9
400 Riverside Avenue is listed in Park Rapids, MN, part of Hubbard County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 400 Riverside Avenue
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 Keller Williams Realty Professionals · 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# 7115016 · Data refreshed July 28, 2026
More Homes for Sale in Park Rapids, MN
Frequently Asked Questions About 400 Riverside Avenue
- Is $239,900 a good price for a home in Park Rapids?
- At $83/sqft, this home is priced significantly below the Park Rapids median of $220/sqft (62% lower), according to our BuyPulse comparison of comparable active listings. Browse Park Rapids homes for sale to compare.
- What are the special assessments at 400 Riverside Avenue — and what do they mean?
- This property has $2,150/yr in annual special assessments with additional 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 $3,276.04/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 400 Riverside Avenue have a basement?
- Yes, 400 Riverside Avenue has a basement.
- What type of heating and cooling does 400 Riverside Avenue have?
- 400 Riverside Avenue has Forced Air heating.
- Where is 400 Riverside Avenue located?
- 400 Riverside Avenue is in Park Rapids, MN 56470, in Hubbard County.
- Is 400 Riverside Avenue still available?
- Yes — 400 Riverside Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 400 Riverside Avenue built?
- 400 Riverside Avenue was built in 1901. It features a poured concrete foundation.
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.