155 SW 4th — Triplex, Perham, MN 56573
1 Bed | 1 Bath | 2,412 Sq Ft | Home | MLS# 7119012
Is 155 SW 4th a Good Deal?
BuyPulse Verdict
Excellent Value
At $139/sqft — This home is priced 27% below the Perham median of $191/sqft.
Powered by the Realgorithm™ — 48 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.
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
- Built
- 1886
- Garage
- 4-Car
- Style
- Two
- HOA
- None
- Annual Taxes
- $3,532 (2026)
- Specials/yr
- $204
Property Details
- Property Type
- Triplex
- Above Grade Sq Ft
- 2,412
- Lot Size
- 0.26 acres
- Basement
- Yes
- Construction
- Frame
- County
- Otter Tail
- List Date
- 2026-07-31
- Days on Market
- 74 days
- Parcel ID
- 77000990686000
Financial
- Total Tax incl. Assessments
- $3,736
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Boiler, Hot Water
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,206 sqft
- Total Building Area
- 2,912 sqft
Exterior Features
- Exterior Features
- Vinyl
- Fenced Area
- Yes
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Detached Garage
Lot & Land
- Lot Features
- Corner Lot
- Road Surface
- City Street
- Zoning Description
- Residential-Multi-Family
Agent & Office
- List Office
- eXp Realty
Price History
Listed at $334,900 on Jul 31, 2026 — No price changes
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
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 September 14, 2026
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Frequently Asked Questions About 155 SW 4th
- Is $334,900 a good price for a home in Perham?
- According to BuyPulse, 155 SW 4th rates Excellent Value — at $139/sqft it's priced 27% below the Perham median of $191/sqft. Powered by the Realgorithm™. 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.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
- 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® →
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Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 7:59 PM 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.