237 Markley Avenue N, Thief River Falls, MN 56701
3 Beds | 2 Baths | 1,529 Sq Ft | Single Family Home | MLS# 7110234
M Markdowns — Price Reduced — was $257,900 (↓ $8,000)
Is 237 Markley Avenue N a Good Deal?
BuyPulse Verdict
Premium Pricing
At $163/sqft — This home is priced 25% above the typical Thief River Falls single-family home of $130/sqft.
Your Negotiating Position
88 — Strong buyer leverage
Day 90 — Thief River Falls homes overall typically go under contract by day ~20. This one is past that window.
12 similar homes for sale — alternatives if they won't move.
This seller already cut $8,000 — motivation showing.
Powered by the Realgorithm™ — 38 active Thief River Falls listings · NorthstarMLS
$1,762/month Estimated
- Principal & interest
- $1,264
- Property taxes
- $268
- Home insurance (est.)
- $146
- Special assessments
- $84
- HOA dues
- None
20% down ($49,980) · 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.
Located in Red Lake Rapids Add, Thief River Falls, MN.
About This Home
Nestled along the river, this charming 3-bedroom, 2-bath home offers the perfect blend of comfort, scenic beauty, and everyday convenience. Wake up to peaceful water views and enjoy your morning coffee while overlooking the river from your own backyard. Step outside and experience everything riverfront living has to offer—whether it's fishing, kayaking, or simply soaking in the tranquil setting. The yard provides plenty of space for outdoor gatherings, gardening, or enjoying evenings by the water. If you've been dreaming of a home with beautiful views and the peaceful lifestyle that only riverfront property can provide, this is an opportunity you won't want to miss. Schedule your private showing today and discover all this waterfront gem has to offer!
Virtual Tour
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $187K and $312K in Thief River Falls:
- The field: 12 similar Thief River Falls homes for sale — you have options.
Powered by the Realgorithm™ — real Thief River Falls closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1922
- Garage
- 2-Car Detached
- Style
- One and One Half
- HOA
- None
- Annual Taxes
- $3,214.64 (2025)
- Specials/yr
- $1,011
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,529
- Lot Size
- 0.336 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Concrete
- County
- Pennington
- List Date
- 2026-07-15
- Days on Market
- 90 days
- Parcel ID
- R2500624210
Financial
- Total Tax incl. Assessments
- $4,226
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air, Fireplace(s)
- Cooling
- Central Air, Window Unit(s)
- Electric
- 200+ Amp Service
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Interior Features
- Fireplace
- 2 fireplaces
Construction & Exterior
Construction & Structure
- Foundation Type
- Poured Concrete
- Foundation Area
- 1,257 sqft
- Total Building Area
- 2,618 sqft
Exterior Features
- Exterior Features
- Vinyl
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage, Concrete
Lot & Land
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Hometown Realty
Price History
- Price reduced to $249,900 — Aug 18, 2026
237 Markley Avenue N is listed in Thief River Falls, MN, part of Pennington County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 237 Markley Avenue N
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.
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Listed by Hometown 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# 7110234 · Data refreshed August 18, 2026
Similar Homes for Sale Near 237 Markley Avenue N, Thief River Falls, MN
Frequently Asked Questions About 237 Markley Avenue N
- Is $249,900 a good price for a home in Thief River Falls?
- According to BuyPulse, 237 Markley Avenue N rates Premium Pricing — at $163/sqft it's priced 25% above the typical Thief River Falls single-family home of $130/sqft. Its negotiating-position score is 88/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Thief River Falls homes are closing versus list. Powered by the Realgorithm™. Browse Thief River Falls homes for sale to compare.
- What are the special assessments at 237 Markley Avenue N — and what do they mean?
- This property has $1,011/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 $3,214.64/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
- Does 237 Markley Avenue N have a basement?
- Yes, 237 Markley Avenue N has a basement.
- What type of heating and cooling does 237 Markley Avenue N have?
- 237 Markley Avenue N has Forced Air, Fireplace(s) heating and Central Air, Window Unit(s) cooling.
- Where is 237 Markley Avenue N located?
- 237 Markley Avenue N is in the Red Lake Rapids neighborhood of Thief River Falls, MN 56701, in Pennington County.
- Is 237 Markley Avenue N still available?
- Yes — 237 Markley 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 237 Markley Avenue N built?
- 237 Markley Avenue N was built in 1922. It features concrete construction, an asphalt roof, and a poured concrete foundation.
- How walkable is 237 Markley Avenue N?
- 237 Markley Avenue N has a Walk Score of 66/100 (Somewhat Walkable) and a Bike Score of 49/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 237 Markley Avenue N are for sale in Thief River Falls?
- 12 similar homes (single-family homes between $187K and $312K 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 10:29 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.
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