1954 single family home for sale at 434 5th Street SW in Perham, MN — 5 bed, 3 bath (photo 1 of 5)

434 5th Street SW, Perham, MN 56573

5 Beds | 3 Baths | 2,624 Sq Ft | Single Family Home | MLS# 7132070

$219,900

Is 434 5th Street SW a Good Deal?

BuyPulse Verdict

Excellent Value

At $84/sqft — This home is priced 55% below the typical Perham single-family home of $185/sqft.

Your Negotiating Position

40 — Seller-leaning market

Day 9 — Perham homes overall typically go under contract by day ~28, so this one is early in its window.

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

Powered by the Realgorithm™ — 37 active Perham listings · NorthstarMLS

$1,475/month Estimated

Principal & interest
$1,112
Property taxes
$235
Home insurance (est.)
$128
HOA dues
None

20% down ($43,980) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Perham, MN Active

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

Homes like this one — single-family homes between $165K and $275K in Perham:

  • The field: 6 similar Perham homes for sale — a short list right now.

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

Key Features

Property Type
Single Family
Year Built
1954
Above Grade
1,632 sq ft
Below Grade
992 sq ft
Lot Size
0.26 acres
Garage
1-car (Attached Garage)
Heating
Forced Air
Cooling
Central Air
Basement
Finished
Sewer
City Sewer/Connected
Water
City Water/Connected
Annual Taxes
$2,818
County
Otter Tail
Days on Market
9

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

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®

Schedule a Home Tour View Full Listing & Photos

MLS# 7132070 · Data refreshed August 28, 2026

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Frequently Asked Questions About 434 5th Street SW

Is $219,900 a good price for a home in Perham?
According to BuyPulse, 434 5th Street SW rates Excellent Value — at $84/sqft it's priced 55% below the typical Perham single-family home of $185/sqft. Its negotiating-position score is 40/100 (Seller-leaning 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 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 many homes like 434 5th Street SW are for sale in Perham?
6 similar homes (single-family homes between $165K and $275K in Perham) are for sale right now — a short list right now.
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.