Is $192,900 a good price for a home in Thief River Falls?

According to BuyPulse, 405 Riverside Avenue S rates Excellent Value — at $94/sqft it's priced 28% below the typical Thief River Falls single-family home of $130/sqft. Powered by the Realgorithm™.

Does 405 Riverside Avenue S have a basement?

Yes, 405 Riverside Avenue S has a basement.

What type of heating and cooling does 405 Riverside Avenue S have?

405 Riverside Avenue S has Forced Air heating and Central Air cooling.

Where is 405 Riverside Avenue S located?

405 Riverside Avenue S is in the Porters neighborhood of Thief River Falls, MN 56701, in Pennington County.

Is 405 Riverside Avenue S still available?

405 Riverside Avenue S is currently pending. The seller may still accept backup offers — contact us to learn more.

When was 405 Riverside Avenue S built?

405 Riverside Avenue S was built in 1930. It features frame construction, an asphalt roof, and a block foundation.

Does 405 Riverside Avenue S have main-floor laundry?

Yes — the laundry at 405 Riverside Avenue S is on the main level.

How many homes like 405 Riverside Avenue S are for sale in Thief River Falls?

15 similar homes (single-family homes between $145K and $241K in Thief River Falls) are for sale right now — you have options.

How fast do homes like 405 Riverside Avenue S sell in Thief River Falls?

Homes like this one (single-family homes between $145K and $241K in Thief River Falls) went pending in a median 20 days over the last 90 days — 1 of the last 9 went under contract within 4 days.

Do homes in Thief River Falls sell for asking price?

65% of the last 17 comparable Thief River Falls sales closed at or over list price — Thief River Falls doesn't discount. Based on real NorthstarMLS closings, not estimates.

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.

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 1 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 2 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 3 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 4 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 5 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 6 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 7 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 8 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 9 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 10 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 11 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 12 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 13 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 14 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 15 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 16 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 17 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 18 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 19 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 20 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 21 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 22 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 23 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 24 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 25 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 26 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 27 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 28 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 29 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 30 of 31)

1930 single family home for sale at 405 Riverside Avenue S in Thief River Falls, MN — 4 bed, 2 bath (photo 31 of 31)

405 Riverside Avenue S, Thief River Falls, MN 56701

4 Beds | 2 Baths | 2,050 Sq Ft | Single Family Home | MLS# 7027208

$192,900

Is 405 Riverside Avenue S a Good Deal?

BuyPulse Verdict

Excellent Value

At $94/sqft — This home is priced 28% below the typical Thief River Falls single-family home of $130/sqft.

$1,351/month Estimated

Principal & interest: $975
Property taxes: $263
Home insurance (est.): $113
HOA dues: None

20% down ($38,580) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Thief River Falls, MN Pending

Located in Porters Add, Thief River Falls, MN.

About This Home

Experience the comfort of small-town living in this spacious 4 bedroom, 2 bath home featuring an oversized 2-stall detached garage and a fully enclosed backyard fence -- perfect for privacy, pets, or entertaining. The main floor bedroom offers convenience and comfort with a walk-in closet. You'll love the homes vaulted wood ceiling that adds warmth and character, along with lighted stairs leading to the upper level for an upgraded touch. Recent updates include a new furnace (2024), plus new flooring and fresh paint (2025), giving the home a clean, modern feel. Relax on the nicely sized front deck and enjoy peaceful surroundings, friendly neighborhoods, and the charm that makes small-town living so special. A home alarm system adds extra peace of mind. This well-maintained property offers space, style, functionality, and the welcoming lifestyle you've been looking for -- all ready for its next owner!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $145K and $241K in Thief River Falls:

The field: 15 similar Thief River Falls homes for sale — you have options.
Tempo: homes like this went pending in a median 20 days — 1 of the last 9 inside 4 days.
Negotiation: 65% of the last 17 sales here closed at or over list — Thief River Falls doesn't discount.

Key Features

Built: 1930
Garage: 2-Car Detached
Style: More Than 2 Stories
HOA: None
Annual Taxes: $3,156 (2025)

Property Details

Property Type: Single Family
Above Grade Sq Ft: 2,050
Lot Size: 6,450 sqft
Basement: Yes
Roof: Asphalt
Construction: Frame
County: Pennington
List Date: 2026-02-27
Days on Market: 227 days
Parcel ID: 2500508020

Financial

Total Tax incl. Assessments: $3,156

Home Systems & Utilities

Heating: Forced Air
Cooling: Central Air
Electric: 200+ Amp Service
Water: City Water/Connected
Sewer: City Sewer/Connected
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Interior Features

Laundry: Main Level

Construction & Exterior

Construction & Structure

Foundation Type: Block
Foundation Area: 1,218 sqft
Total Building Area: 2,746 sqft

Exterior Features

Exterior Features: Other
Fenced Area: Yes
Accessibility Features: None

Parking & Garage

Parking Features: Detached Garage

Lot & Land

Zoning Description: Residential-Single Family

Agent & Office

List Office: Greenberg Realty

Price History

Listed at $192,900 on Feb 27, 2026 — No price changes

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

Showing — 405 Riverside 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.

See all Thief River Falls homes ›

Listed by Greenberg Realty · 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# 7027208 · Data refreshed September 15, 2026

Similar Homes for Sale Near 405 Riverside Avenue S, Thief River Falls, MN

See all homes for sale in Thief River Falls, MN →

Frequently Asked Questions About 405 Riverside Avenue S

Is $192,900 a good price for a home in Thief River Falls?: According to BuyPulse, 405 Riverside Avenue S rates Excellent Value — at $94/sqft it's priced 28% below the typical Thief River Falls single-family home of $130/sqft. Powered by the Realgorithm™. Browse Thief River Falls homes for sale to compare.
Does 405 Riverside Avenue S have a basement?: Yes, 405 Riverside Avenue S has a basement.
What type of heating and cooling does 405 Riverside Avenue S have?: 405 Riverside Avenue S has Forced Air heating and Central Air cooling.
Where is 405 Riverside Avenue S located?: 405 Riverside Avenue S is in the Porters neighborhood of Thief River Falls, MN 56701, in Pennington County.
Is 405 Riverside Avenue S still available?: 405 Riverside Avenue S is currently pending. The seller may still accept backup offers — contact us to learn more.
When was 405 Riverside Avenue S built?: 405 Riverside Avenue S was built in 1930. It features frame construction, an asphalt roof, and a block foundation.
Does 405 Riverside Avenue S have main-floor laundry?: Yes — the laundry at 405 Riverside Avenue S is on the main level.
How many homes like 405 Riverside Avenue S are for sale in Thief River Falls?: 15 similar homes (single-family homes between $145K and $241K in Thief River Falls) are for sale right now — you have options.
How fast do homes like 405 Riverside Avenue S sell in Thief River Falls?: Homes like this one (single-family homes between $145K and $241K in Thief River Falls) went pending in a median 20 days over the last 90 days — 1 of the last 9 went under contract within 4 days.
Do homes in Thief River Falls sell for asking price?: 65% of the last 17 comparable Thief River Falls sales closed at or over list price — Thief River Falls doesn't discount. Based on real NorthstarMLS closings, not estimates.
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, 6:31 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.