155 SW 4th, Perham, MN 56573
1 Bed | 1 Bath | 2,412 Sq Ft | Multi-Family | MLS# 7119012
BuyPulse Grade
Well Below Market
At $139/sqft — This home is priced 37% below the Perham median of $222/sqft.
Powered by the Realgorithm™ — 45 active Perham listings · NorthstarMLS
$2,199/month Estimated
- Principal & interest
- $1,693
- Property taxes
- $294
- Home insurance (est.)
- $195
- Special assessments
- $17
- HOA dues
- None
20% down ($66,980) · 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 6 of 7
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
About This Home
Three-Unit Apartment Building for Sale in Downtown Perham. This three-unit apartment building in the heart of downtown Perham is a strong investment opportunity in a growing community with consistent rental demand. Each unit features its own private entrance, giving tenants added privacy and a true at-home feel. Dedicated off-street parking adds everyday convenience and increases long-term tenant retention. The downtown location makes this property an easy rental option. Tenants can walk to local shops, restaurants, services, and employers. That central positioning helps reduce vacancy and keeps demand steady year-round. The sellers are related to the selling agent
Key Features
- Property Type
- Triplex
- Year Built
- 1886
- Above Grade
- 2,412 sq ft
- Lot Size
- 0.26 acres
- Lot Features
- Corner Lot
- Garage
- 4-car (Attached Garage, Detached Garage)
- Heating
- Boiler, Hot Water
- Basement
- Yes
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $3,532
- Special Assessments
- $204
- County
- Otter Tail
- Days on Market
- 5
155 SW 4th is listed in Perham, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 155 SW 4th
Shannon Barnum
Associate Broker · Modern Market REALTORS®
Your Perham real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by eXp Realty · 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# 7119012 · Data refreshed August 4, 2026
More Homes for Sale in Perham, MN
Frequently Asked Questions About 155 SW 4th
- Is $334,900 a good price for a home in Perham?
- At $139/sqft, this home is priced significantly below the Perham median of $222/sqft (37% lower), according to our BuyPulse comparison of comparable active listings. Browse Perham homes for sale to compare.
- What are the special assessments at 155 SW 4th — and what do they mean?
- This property has $204/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 $3,532/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 155 SW 4th have a basement?
- Yes, 155 SW 4th has a basement.
- What type of heating and cooling does 155 SW 4th have?
- 155 SW 4th has Boiler, Hot Water heating.
- Where is 155 SW 4th located?
- 155 SW 4th is in Perham, MN 56573, in Otter Tail County.
- Is 155 SW 4th still available?
- Yes — 155 SW 4th is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 155 SW 4th built?
- 155 SW 4th was built in 1886. It features frame construction and a block foundation.
- How walkable is 155 SW 4th?
- 155 SW 4th has a Walk Score of 68/100 (Somewhat Walkable) and a Bike Score of 51/100 (Somewhat Bikeable). Scores provided by Walk Score® →
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Perham area.