Is $89,000 a good price for a home in Red Lake Falls?

According to BuyPulse, 301 Main Avenue N rates Excellent Value — at $87/sqft it's priced 33% below the typical Red Lake Falls single-family home of $130/sqft. Powered by the Realgorithm™.

Does 301 Main Avenue N have a basement?

Yes, 301 Main Avenue N has a basement.

What type of heating and cooling does 301 Main Avenue N have?

301 Main Avenue N has Forced Air heating and Ductless Mini-Split cooling.

Where is 301 Main Avenue N located?

301 Main Avenue N is in the Rlf-ots neighborhood of Red Lake Falls, MN 56750, in Red Lake County.

Is 301 Main Avenue N still available?

Yes — 301 Main Avenue N is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.

When was 301 Main Avenue N built?

301 Main Avenue N was built in 1900. It features a block foundation.

How walkable is 301 Main Avenue N?

301 Main Avenue N has a Walk Score of 30/100 (Car-Dependent) and a Bike Score of 19/100 (Minimal Bike Infrastructure).

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.

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 1 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 2 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 3 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 4 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 5 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 6 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 7 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 8 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 9 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 10 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 11 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 12 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 13 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 14 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 15 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 16 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 17 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 18 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 19 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 20 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 21 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 22 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 23 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 24 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 25 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 26 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 27 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 28 of 29)

1900 single family home for sale at 301 Main Avenue N in Red Lake Falls, MN — 3 bed, 2 bath (photo 29 of 29)

301 Main Avenue N, Red Lake Falls, MN 56750

3 Beds | 2 Baths | 1,019 Sq Ft | Single Family Home | MLS# 7145598

M Markdowns — Price Reduced — was $95,000 (↓ $6,000)

$89,000

Is 301 Main Avenue N a Good Deal?

BuyPulse Verdict

Excellent Value

At $87/sqft — This home is priced 33% below the typical Red Lake Falls single-family home of $130/sqft.

$617/month Estimated

Principal & interest: $450
Property taxes: $115
Home insurance (est.): $52
HOA dues: None

20% down ($17,800) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Red Lake Falls, MN Active

Located in Rlf-Ots Add, Red Lake Falls, MN.

About This Home

Well-maintained 3-bedroom, 1.5-bath home in Red Lake Falls with extensive updates completed by the current owners. Previously used as a rental, this home has been thoughtfully improved with updated electrical throughout, added AFCI/GFCI outlets, conversion from an oil furnace to natural gas, mini-split systems, a radon mitigation system, new water heater, removal of galvanized pipes, and a pressure regulator added to the water supply. The basement has also been treated with concrete densifier on the walls and floors and features a soundproof studio/TV room. Plus, enjoy newer kitchen appliances, washer and dryer, and plenty of additional improvements throughout!

Key Features

Built: 1900
Style: One and One Half
HOA: None
Annual Taxes: $1,378 (2026)

Property Details

Property Type: Single Family
Above Grade Sq Ft: 1,019
Lot Size: 0.218 acres
Basement: Yes
County: Red Lake
List Date: 2026-09-17
Days on Market: 25 days
Parcel ID: 173281000

Financial

Total Tax incl. Assessments: $1,378

Home Systems & Utilities

Heating: Forced Air
Cooling: Ductless Mini-Split
Water: City Water/Connected
Sewer: City Sewer/Connected

Construction & Exterior

Construction & Structure

Foundation Type: Block
Foundation Area: 612 sqft
Total Building Area: 1,631 sqft

Exterior Features

Exterior Features: Vinyl
Accessibility Features: None

Parking & Garage

Parking Features: Detached Garage

Lot & Land

Road Surface: City Street
Zoning Description: Residential-Single Family

Agent & Office

List Office: REAL (405 FGO)

Price History

Price reduced to $89,000 — Sep 29, 2026

301 Main Avenue N is listed in Red Lake Falls, MN, part of Red Lake County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 301 Main Avenue N

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Red Lake Falls real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

See all Red Lake Falls homes ›

Listed by REAL (405 FGO) · Shown by Modern Market REALTORS®

Schedule a Home Tour

First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.

View Full Listing & Photos

MLS# 7145598 · Data refreshed September 29, 2026

Frequently Asked Questions About 301 Main Avenue N

Is $89,000 a good price for a home in Red Lake Falls?: According to BuyPulse, 301 Main Avenue N rates Excellent Value — at $87/sqft it's priced 33% below the typical Red Lake Falls single-family home of $130/sqft. Powered by the Realgorithm™. Browse Red Lake Falls homes for sale to compare.
Does 301 Main Avenue N have a basement?: Yes, 301 Main Avenue N has a basement.
What type of heating and cooling does 301 Main Avenue N have?: 301 Main Avenue N has Forced Air heating and Ductless Mini-Split cooling.
Where is 301 Main Avenue N located?: 301 Main Avenue N is in the Rlf-ots neighborhood of Red Lake Falls, MN 56750, in Red Lake County.
Is 301 Main Avenue N still available?: Yes — 301 Main Avenue N is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 301 Main Avenue N built?: 301 Main Avenue N was built in 1900. It features a block foundation.
How walkable is 301 Main Avenue N?: 301 Main Avenue N has a Walk Score of 30/100 (Car-Dependent) and a Bike Score of 19/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
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.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Red Lake Falls area.

Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 1:17 AM 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.