331 4th Avenue SW, Perham, MN 56573
2 Beds | 2 Baths | 1,184 Sq Ft | Single Family Home | MLS# 7141011
Is 331 4th Avenue SW a Good Deal?
BuyPulse Verdict
Fair Market Value
At $190/sqft — This home is priced right at the typical Perham single-family home of $185/sqft.
Your Negotiating Position
46 — Balanced market
Day 11 — Perham homes overall typically go under contract by day ~23, so this one is early in its window.
12 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 43 active Perham listings · NorthstarMLS
$1,432/month Estimated
- Principal & interest
- $1,138
- Property taxes
- $163
- Home insurance (est.)
- $131
- HOA dues
- None
20% down ($45,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in A A Whites Add, Perham, MN.
About This Home
Simplicity, comfort, and easy living come together in this charming 2-bedroom, 1¼-bath single-level home — a perfect fit for first-time buyers or anyone ready to downsize without compromise. At the center of it all is an open-concept kitchen flowing seamlessly into the living room, creating a bright and inviting space for everyday living and effortless entertaining. A sunroom offers a peaceful retreat overlooking the well-maintained backyard and garden area, mostly fenced for privacy — a lovely spot to enjoy your morning coffee or watch the seasons change. Downstairs, a storm shelter with a convenient ¼ bath adds valuable peace of mind and extra functionality. Outside, a detached 2-stall garage provides ample storage and parking, rounding out this thoughtfully designed home. This is easy living, done right.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $169K and $281K in Perham:
- The field: 12 similar Perham homes for sale — you have options.
Powered by the Realgorithm™ — real Perham closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1930
- Above Grade
- 1,112 sq ft
- Below Grade
- 72 sq ft
- Lot Size
- 0.14 acres
- Garage
- 2-car (Detached Garage, Asphalt)
- Heating
- Baseboard, Ductless Mini-Split
- Cooling
- Ductless Mini-Split
- Basement
- Yes
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $1,958
- County
- Otter Tail
- Days on Market
- 11
331 4th Avenue SW is listed in Perham, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 331 4th Avenue SW
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# 7141011 · Data refreshed September 15, 2026
Similar Homes for Sale Near 331 4th Avenue SW, Perham, MN
Frequently Asked Questions About 331 4th Avenue SW
- Is $225,000 a good price for a home in Perham?
- According to BuyPulse, 331 4th Avenue SW rates Fair Market Value — at $190/sqft it's priced right at the typical Perham single-family home of $185/sqft. Its negotiating-position score is 46/100 (Balanced market), weighed on days on market, comparable inventory, and how Perham homes are closing versus list. Powered by the Realgorithm™. Browse Perham homes for sale to compare.
- Does 331 4th Avenue SW have a basement?
- Yes, 331 4th Avenue SW has a basement with 72 sq ft of below-grade space.
- What type of heating and cooling does 331 4th Avenue SW have?
- 331 4th Avenue SW has Baseboard, Ductless Mini-Split heating and Ductless Mini-Split cooling.
- Where is 331 4th Avenue SW located?
- 331 4th Avenue SW is in the A A Whites neighborhood of Perham, MN 56573, in Otter Tail County.
- Is 331 4th Avenue SW still available?
- Yes — 331 4th Avenue SW is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 331 4th Avenue SW built?
- 331 4th Avenue SW was built in 1930. It features a block foundation.
- How walkable is 331 4th Avenue SW?
- 331 4th Avenue SW has a Walk Score of 66/100 (Somewhat Walkable) and a Bike Score of 48/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 331 4th Avenue SW are for sale in Perham?
- 12 similar homes (single-family homes between $169K and $281K in Perham) are for sale right now — you have options.
- 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 Perham area.