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

$118,000

Is 623 Horace Avenue N a Good Deal?

BuyPulse Grade

Well Below Market

At $70/sqft — This home is priced 40% below the Thief River Falls median of $117/sqft.

Powered by the Realgorithm™ — 46 active Thief River Falls listings · NorthstarMLS

$892/month Estimated

Principal & interest
$597
Property taxes
$226
Home insurance (est.)
$69
HOA dues
None

20% down ($23,600) · 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

Property Type
Triplex
Year Built
1910
Above Grade
1,691 sq ft
Lot Size
0.16 acres
Garage
1-car
Heating
Forced Air
Basement
Finished
Sewer
City Sewer/Connected
Water
City Water/Connected
Annual Taxes
$2,714
County
Pennington
Days on Market
10

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 August 11, 2026

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Frequently Asked Questions About 623 Horace Avenue N

Is $118,000 a good price for a home in Thief River Falls?
At $70/sqft, this home is priced significantly below the Thief River Falls median of $117/sqft (40% lower), according to our BuyPulse comparison of comparable active listings. 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 Forced Air 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® →

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.