1910 triplex for sale at 623 Horace Avenue N in Thief River Falls, MN — 5 bed, 3 bath (photo 1 of 8)

623 Horace Avenue N — Triplex, Thief River Falls, MN 56701

5 Beds | 3 Baths | 1,691 Sq Ft | Home | MLS# 7123798

Price Reduced — was $118,000 (↓ $13,000) · M Markdowns

$105,000

Is 623 Horace Avenue N a Good Deal?

BuyPulse Verdict

Excellent Value

At $62/sqft — This home is priced 52% below the Thief River Falls median of $129/sqft.

Powered by the Realgorithm™ — 40 active Thief River Falls listings · NorthstarMLS

$818/month Estimated

Principal & interest
$531
Property taxes
$226
Home insurance (est.)
$61
HOA dues
None

20% down ($21,000) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Thief River Falls, MN Active

Located in Highland Add, Thief River Falls, MN.

About This Home

Exceptional investment opportunity in Thief River Falls! This triplex is located in a great neighborhood and offers outstanding cash flow potential. Whether you're looking to expand your portfolio or purchase your first income-producing property, this is a fantastic opportunity to invest in a quality multifamily property with long-term value.

Key Features

Built
1910
Garage
1-Car
Style
One and One Half
HOA
None
Annual Taxes
$2,714 (2026)

Property Details

Property Type
Triplex
Above Grade Sq Ft
1,691
Lot Size
0.16 acres
Basement
Yes
Roof
Asphalt
County
Pennington
List Date
2026-08-10
Days on Market
64 days
Parcel ID
2501506200

Financial

Total Tax incl. Assessments
$2,714

Home Systems & Utilities

Heating
Boiler
Water
City Water/Connected
Sewer
City Sewer/Connected

Construction & Exterior

Construction & Structure

Foundation Type
Poured Concrete
Foundation Area
1,147 sqft
Total Building Area
2,191 sqft

Exterior Features

Exterior Features
Vinyl
Accessibility Features
None

Lot & Land

Road Surface
City Street
Zoning Description
Residential-Multi-Family

Agent & Office

List Office
USA Realty

Price History

  • Price reduced to $105,000 — Oct 1, 2026

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

Showing — 623 Horace Avenue N

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# 7123798 · Data refreshed October 1, 2026

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Frequently Asked Questions About 623 Horace Avenue N

Is $105,000 a good price for a home in Thief River Falls?
According to BuyPulse, 623 Horace Avenue N rates Excellent Value — at $62/sqft it's priced 52% below the Thief River Falls median of $129/sqft. Powered by the Realgorithm™. Browse Thief River Falls homes for sale to compare.
Does 623 Horace Avenue N have a basement?
Yes, 623 Horace Avenue N has a finished basement.
What type of heating and cooling does 623 Horace Avenue N have?
623 Horace Avenue N has Boiler heating.
Where is 623 Horace Avenue N located?
623 Horace Avenue N is in the Highland neighborhood of Thief River Falls, MN 56701, in Pennington County.
Is 623 Horace Avenue N still available?
Yes — 623 Horace 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 623 Horace Avenue N built?
623 Horace Avenue N was built in 1910. It features an asphalt roof and a poured concrete foundation.
How walkable is 623 Horace Avenue N?
623 Horace Avenue N has a Walk Score of 68/100 (Somewhat Walkable) and a Bike Score of 51/100 (Somewhat Bikeable). 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

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MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 9:31 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.