450 Murray Avenue, Pine River, MN 56474
6 Beds | 4 Baths | 2,508 Sq Ft | Home | MLS# 7130852
Is 450 Murray Avenue a Good Deal?
BuyPulse Verdict
Excellent Value
At $134/sqft — This home is priced 53% below the Pine River median of $283/sqft.
Powered by the Realgorithm™ — 26 active Pine River listings · NorthstarMLS
$2,245/month Estimated
- Principal & interest
- $1,693
- Property taxes
- $351
- Home insurance (est.)
- $195
- Special assessments
- $6
- 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
**INVESTOR OPPORTUNITY – INCOME-PRODUCING FOURPLEX IN PINE RIVER! ** This 4-unit property has 3 occupied units generating $3,250/month in current gross rental income, or $39,000 annualized, based on seller-provided rents. Current rents: Unit 1 – $1,700/month; Unit 3 – $700/month; Unit 4 – $850/month. Unit 2 is currently vacant and not included in the income figures. Offered at $334,900, the property provides immediate rental income, an established tenant base, and additional upside. Features include 6 bedrooms, 4 bathrooms, approx. 2,508 finished sq. ft., a spacious in-town lot, 2-stall garage, new deck, new kitchen flooring, remote-controlled ceiling fans, and more than $15,000 in recent updates. Conveniently located near downtown Pine River, Pine River-Backus Schools, the Paul Bunyan State Trail, and nearby Norway Lake with public recreational access. Rental figures are seller-provided; buyers and agents to verify rents, leases, expenses, licensing, unit configuration, and measurements.
3D Home Tour
Key Features
- Property Type
- Fourplex
- Year Built
- 1972
- Above Grade
- 1,584 sq ft
- Below Grade
- 924 sq ft
- Lot Size
- 1.40 acres
- Lot Features
- Irregular Lot, Tree Coverage - Light
- Garage
- 2-car (Attached Garage, Asphalt)
- Heating
- Baseboard, Forced Air
- Basement
- Finished
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $4,214
- Special Assessments
- $66
- County
- Cass
- Days on Market
- 29
450 Murray Avenue is listed in Pine River, MN, part of Cass County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 450 Murray Avenue
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Your Pine River 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®
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View Full Listing & PhotosMLS# 7130852 · Data refreshed September 8, 2026
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Frequently Asked Questions About 450 Murray Avenue
- Is $334,900 a good price for a home in Pine River?
- According to BuyPulse, 450 Murray Avenue rates Excellent Value — at $134/sqft it's priced 53% below the Pine River median of $283/sqft. Powered by the Realgorithm™. Browse Pine River homes for sale to compare.
- What are the special assessments at 450 Murray Avenue — and what do they mean?
- This property has $66/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 $4,214/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 450 Murray Avenue have a basement?
- Yes, 450 Murray Avenue has a finished basement with 924 sq ft of below-grade space.
- What type of heating and cooling does 450 Murray Avenue have?
- 450 Murray Avenue has Baseboard, Forced Air heating.
- Where is 450 Murray Avenue located?
- 450 Murray Avenue is in Pine River, MN 56474, in Cass County.
- Is 450 Murray Avenue still available?
- Yes — 450 Murray Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 450 Murray Avenue built?
- 450 Murray Avenue was built in 1972. It features block, frame construction, an asphalt roof, and a block foundation.
- Does 450 Murray Avenue have main-floor laundry?
- Yes — the laundry at 450 Murray Avenue is on the main level.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Pine River area.