1933 single family home for sale at 608 Park Avenue N, Unit 5 in Park Rapids, MN — 1 bed, 2 bath (photo 1 of 35)

608 Park Avenue N, Unit 5, Park Rapids, MN 56470

1 Bed | 2 Baths | 1,059 Sq Ft | Single Family Home | MLS# 7103361Waterfront on Fishhook River

M Markdowns — Price Reduced — was $214,000 (↓ $15,000)

$199,000

$1,370/month Estimated

Principal & interest
$1,006
Property taxes
$181
Home insurance (est.)
$116
HOA dues
$67/mo

20% down ($39,800) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Park Rapids, MN Active

Located in Cottages On The Rivers Bend, Park Rapids, MN.

About This Home

A rare chance to own a charming seasonal cabin on the Fishhook River. The cabin features a main-floor bedroom, a sleeping loft, and a living room set right along the water’s edge. With a covered riverside patio and easy access to downtown, it offers plenty of ways to relax and enjoy the area.

3D Home Tour

Take a 3D home tour of this home

BuyPulse · Live market read

How 608 Park Avenue N Compares to the Park Rapids Market

At $188/sqft, this home is priced $19/sqft below the typical Park Rapids single-family home of $207/sqft.

The median list price in Park Rapids is $419,000.

Verdict: Strong Value

Your negotiating position

80 Strong buyer leverage

Seller's market · Balanced · Buyer leverage

Day 118 — Park Rapids homes overall typically go under contract by day ~17. This one is past that window.

13 similar homes for sale — alternatives if they won't move.

This seller already cut $15,000 — the asking price has already moved.

Homes like this one — single-family homes between $149K and $249K in Park Rapids:

  • The field: 13 similar Park Rapids homes for sale — you have options.
  • Price cuts: 6 of 13 similar homes have trimmed asking — median trim $8,700. This one already cut $15,000.
  • Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.

Powered by the Realgorithm™ — real Park Rapids closings, zero guesses · NorthstarMLS

Key Features

Unit
5
Built
1933
Style
One
HOA
$800/Annually
HOA Includes
Dock, Lawn Care
Annual Taxes
$2,176 (2026)

Property Details

Property Type
Single Family
Above Grade Sq Ft
569
Below Grade Sq Ft
490
Lot Size
0.02 acres
Basement
Yes
Roof
Metal
Construction
Block, Frame
County
Hubbard
List Date
2026-07-01
Days on Market
118 days
Parcel ID
324790500

Financial

Total Tax incl. Assessments
$2,176
HOA Name
Cottages on the Rivers Bend

Home Systems & Utilities

Heating
Ductless Mini-Split
Cooling
Ductless Mini-Split
Water
City Water/Connected
Sewer
City Sewer/Connected
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator

Interior Features

Laundry
In Basement

Construction & Exterior

Construction & Structure

Foundation Type
Block
Foundation Area
490 sqft
Total Building Area
1,059 sqft

Exterior Features

Exterior Features
Block, Other
View
River
Accessibility Features
None

Parking & Garage

Parking Features
Shared Driveway

Lot & Land

Zoning Description
Shoreline,Residential-Single Family

Waterfront

Waterfront
Yes
Body of Water
Fishhook River

Agent & Office

List Office
Wolff & Simon Real Estate

Price History

Reduced $20,900 (9.5%)

  • Price reduced to $219,900 — Jul 23, 2026
  • Price reduced to $214,000 — Aug 19, 2026
  • Price reduced to $199,000 — Sep 4, 2026

608 Park Avenue N, Unit 5 is listed in Park Rapids, MN, part of Hubbard County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 608 Park Avenue N, Unit 5

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 Wolff & Simon Real Estate · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7103361 · Updated September 4, 2026

Similar Homes for Sale Near 608 Park Avenue N, Park Rapids, MN

See all homes for sale in Park Rapids, MN →

Frequently Asked Questions About 608 Park Avenue N, Unit 5

Is $199,000 a good price for a home in Park Rapids?
According to BuyPulse, 608 Park Avenue N rates Strong Value — at $188/sqft it's priced 9% below the typical Park Rapids single-family home of $207/sqft. Its negotiating-position score is 80/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Park Rapids homes are closing versus list. Powered by the Realgorithm™. Browse Park Rapids homes for sale to compare.
Does 608 Park Avenue N have a basement?
Yes, 608 Park Avenue N has a basement with 490 sq ft of below-grade space.
Does 608 Park Avenue N have an HOA?
Yes, 608 Park Avenue N has a homeowners association with dues of $800 annually. HOA includes: Dock, Lawn Care.
What type of heating and cooling does 608 Park Avenue N have?
608 Park Avenue N has Ductless Mini-Split heating and Ductless Mini-Split cooling.
Where is 608 Park Avenue N located?
608 Park Avenue N is in the Cottages On The Rivers Bend neighborhood of Park Rapids, MN 56470, in Hubbard County.
Is 608 Park Avenue N still available?
Yes — 608 Park Avenue N is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 608 Park Avenue N built?
608 Park Avenue N was built in 1933. It features block, frame construction, a metal roof, and a block foundation.
Does 608 Park Avenue N have main-floor laundry?
No — the laundry at 608 Park Avenue N is in the lower level.
How many homes like 608 Park Avenue N are for sale in Park Rapids?
13 similar homes (single-family homes between $149K and $249K in Park Rapids) are for sale right now — you have options.
What does "M Markdowns" mean?
M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
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.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/27/2026, 11:59 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.