434 5th Street SW, Perham, MN 56573
5 Beds | 3 Baths | 2,624 Sq Ft | Single Family Home | MLS# 7132070
Price Drop on M Markdowns — was $219,900 (↓ $10,000)
$1,418/month Estimated
- Principal & interest
- $1,061
- Property taxes
- $235
- Home insurance (est.)
- $122
- HOA dues
- None
20% down ($41,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Hertels Add, Perham, MN.
About This Home
Don’t let the modest exterior fool you—this spacious Perham home offers over 2,600 finished square feet with five bedrooms, three bathrooms, including a comfortable owner’s suite. Enjoy three levels of flexible living space and a large fenced backyard. Conveniently located just blocks from schools, parks, healthcare, shopping, dining, and the PACC, this home delivers the space and location buyers need at an attainable value.
BuyPulse · Live market read
Is 434 5th Street SW a Good Deal?
At $80/sqft, this home is priced $93/sqft below the typical Perham single-family home of $173/sqft.
The median list price in Perham is $369,700.
Verdict: Excellent Value
Homes like this one — single-family homes between $157K and $262K in Perham:
- The field: 6 similar Perham homes for sale — a short list right now.
- Price cuts: 4 of 6 similar homes have trimmed asking — median trim $15,000. This one already cut $10,000.
- 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 Perham closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1954
- Garage
- 1-Car Attached
- Style
- One and One Half
- HOA
- None
- Annual Taxes
- $2,818 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,632
- Below Grade Sq Ft
- 992
- Lot Size
- 0.258 acres
- Basement
- Yes
- County
- Otter Tail
- List Date
- 2026-08-23
- Days on Market
- 55 days
- Parcel ID
- 77000990211003
Financial
- Total Tax incl. Assessments
- $2,818
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 992 sqft
- Total Building Area
- 3,264 sqft
Exterior Features
- Exterior Features
- Steel Siding
- Fenced Area
- Yes
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- eXp Realty
Price History
- Price reduced to $209,900 — Sep 23, 2026
434 5th Street SW is listed in Perham, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 434 5th Street 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# 7132070 · Data refreshed September 23, 2026
Similar Homes for Sale Near 434 5th Street SW, Perham, MN
Frequently Asked Questions About 434 5th Street SW
- Is $209,900 a good price for a home in Perham?
- According to BuyPulse, 434 5th Street SW rates Excellent Value — at $80/sqft it's priced 54% below the typical Perham single-family home of $173/sqft. Powered by the Realgorithm™. Browse Perham homes for sale to compare.
- Does 434 5th Street SW have a basement?
- Yes, 434 5th Street SW has a finished basement with 992 sq ft of below-grade space.
- What type of heating and cooling does 434 5th Street SW have?
- 434 5th Street SW has Forced Air heating and Central Air cooling.
- Where is 434 5th Street SW located?
- 434 5th Street SW is in the Hertels neighborhood of Perham, MN 56573, in Otter Tail County.
- Is 434 5th Street SW still available?
- Yes — 434 5th Street SW is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 434 5th Street SW built?
- 434 5th Street SW was built in 1954. It features a block foundation.
- How walkable is 434 5th Street SW?
- 434 5th Street SW has a Walk Score of 59/100 (Somewhat Walkable) and a Bike Score of 45/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 434 5th Street SW are for sale in Perham?
- 6 similar homes (single-family homes between $157K and $262K in Perham) are for sale right now — a short list right now.
- 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 Perham area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/17/2026, 6:09 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.
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