1920 single family home for sale at 111 Markley Avenue S in Thief River Falls, MN — 2 bed, 1 bath (photo 1 of 8)

111 Markley Avenue S, Thief River Falls, MN 56701

2 Beds | 1 Bath | 806 Sq Ft | Single Family Home | MLS# 7105538

Price Drop on M Markdowns — was $145,000 (↓ $6,000)

$139,000

Is 111 Markley Avenue S a Good Deal?

BuyPulse Verdict

Premium Pricing

At $172/sqft — This home is priced 39% above the typical Thief River Falls single-family home of $124/sqft.

Powered by the Realgorithm™ — 41 active Thief River Falls listings · NorthstarMLS

$868/month Estimated

Principal & interest
$703
Property taxes
$84
Home insurance (est.)
$81
HOA dues
None

20% down ($27,800) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Thief River Falls, MN Active

Located in Red Lake Rapids Add, Thief River Falls, MN.

About This Home

Completely remodeled and move-in ready, this charming 2 bedroom, 1 bath home offers convenient one-level living on a spacious lot with a very large yard. Recent updates include brand new siding, new shingles, newer windows, new appliances, and many additional improvements throughout. This beautifully updated home combines modern finishes with low-maintenance living—ready for you to move in and enjoy!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $104K and $174K in Thief River Falls:

  • The field: 13 similar Thief River Falls homes for sale — you have options.

Powered by the Realgorithm™ — real Thief River Falls closings, zero guesses · NorthstarMLS

Key Features

Property Type
Single Family
Year Built
1920
Above Grade
806 sq ft
Lot Size
0.15 acres
Heating
Boiler
Cooling
None
Appliances
Dryer, Range, Refrigerator, Washer
Sewer
City Sewer/Connected
Water
City Water/Connected
Annual Taxes
$1,012
County
Pennington
Days on Market
50

111 Markley Avenue S is listed in Thief River Falls, MN, part of Pennington County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 111 Markley Avenue S

Shannon Barnum

Associate Broker · Modern Market REALTORS®

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

Listed by USA Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7105538 · Data refreshed August 27, 2026

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Frequently Asked Questions About 111 Markley Avenue S

Is $139,000 a good price for a home in Thief River Falls?
According to BuyPulse, 111 Markley Avenue S rates Premium Pricing — at $172/sqft it's priced 39% above the typical Thief River Falls single-family home of $124/sqft. Powered by the Realgorithm™. Browse Thief River Falls homes for sale to compare.
What type of heating and cooling does 111 Markley Avenue S have?
111 Markley Avenue S has Boiler heating and None cooling.
Where is 111 Markley Avenue S located?
111 Markley Avenue S is in the Red Lake Rapids neighborhood of Thief River Falls, MN 56701, in Pennington County.
Is 111 Markley Avenue S still available?
Yes — 111 Markley Avenue S is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 111 Markley Avenue S built?
111 Markley Avenue S was built in 1920. It features an asphalt roof and a poured concrete foundation.
How walkable is 111 Markley Avenue S?
111 Markley Avenue S has a Walk Score of 62/100 (Somewhat Walkable) and a Bike Score of 47/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 111 Markley Avenue S are for sale in Thief River Falls?
13 similar homes (single-family homes between $104K and $174K in Thief River Falls) are for sale right now — you have options.
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 Thief River Falls area.