155 4th Ave SW

Perham, MN 56573

$350,000
Price
5
Beds
3
Baths
2,412 Sq. Ft.
$145 / Sq. Ft.
2,412
Sq. Ft.
$145
per Sq. Ft.

Description

Three-Unit Apartment Building for Sale in Downtown Perham. This three-unit apartment building in the heart of downtown Perham is a strong investment opportunity in a growing community with consistent rental demand. Each unit features its own private entrance, giving tenants added privacy and a true at-home feel. Dedicated off-street parking adds everyday convenience and increases long-term tenant retention. The downtown location makes this property an easy rental option. Tenants can walk to local...Three-Unit Apartment Building for Sale in Downtown Perham. This three-unit apartment building in the heart of downtown Perham is a strong investment opportunity in a growing community with consistent rental demand. Each unit features its own private entrance, giving tenants added privacy and a true at-home feel. Dedicated off-street parking adds everyday convenience and increases long-term tenant retention. The downtown location makes this property an easy rental option. Tenants can walk to local shops, restaurants, services, and employers. That central positioning helps reduce vacancy and keeps demand steady year-round. The sellers are related to the selling agent.

Property Details for 155 4th Avenue Southwest

Subdivision Name
A A Whites Add
LISTING UPDATED: 12/16/2025 05:04 AM

Property Details for 155 4th Avenue Southwest

StatusActive
MLS #7000245
Days on Compass4
Taxes$3,544 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1886
Lot Size0.26 AC / 11,238 SF
CountyOtter Tail County

Location

Listing Courtesy of eXp Realty
Add your commute

Building Information for 155 4th Avenue Southwest

Stories-Residences3Year Built1886Building Size-Lot Size0.26 AC / 11,238 SF

Payment Calculator

$2,025 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,729

Property Taxes

$295

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 155 4th Avenue Southwest

Summary
Location and General Information
  • City Name: Perham
  • County Or Parish: Otter Tail
  • County: Otter Tail-MN
  • Directions: From Main Street. Behind United Community Bank in Perham
  • Latitude: 46.595535
  • Longitude: -95.576789
  • Map Coordinate: 999-A1
  • City and Location: Perham
  • City and Location Text: Perham(MN)
  • Postal Code: 56573
  • State Or Province: MN
  • Public Survey Township: 136
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 77000990686000
  • Tax Annual Amount: $3,544.00
  • Tax Legal Description: SECT-15 TWP-136 RANGE-039 A A WHITE'S ADDN W 75' OF LOTS 7, 8 & 9 BLK 1
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 3544
School Information
  • High School District: 1955 - Perham-Dent
  • School District Number: 1955
  • School District Phone: 2183464501
Property
Lot Information
  • Above Grade Fin SQFT: 2412.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 2412.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.258
  • Lot Size Dimensions: 150 x 75
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • SQFT Main Total: 1206
  • Above Grade SqFt Total: 2412
  • Below Grade SqFt Total: 500
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1206.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Metal
Interior Features
  • Basement Type: Block
  • Bathrooms Total Count: 3
  • Bedrooms Total: 5
  • DP Resource: Yes
  • Garage Dimensions: 28 x 20
  • Garage Square Feet: 1136
  • Heating: Boiler, Hot Water
  • Levels: Two
  • Number of Refrigerator: Three
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath Full: 1
  • Unit Rooms Total: 4
  • Unit SqFt: 1206
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Unit Is Leased: Y
  • Unit Level: Main Level
  • Unit Type Total Rent: 850
Unit 2
  • Unit Bath Full: 1
  • Unit Rooms Total: 4
  • Unit SqFt: 723
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Unit Is Leased: Y
  • Unit Type Total Rent: 775
Unit 3
  • Unit Bath 3Qtr: 1
  • Unit Rooms Total: 3
  • Unit SqFt: 483
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Is Leased: Y
  • Unit Type Total Rent: 750

Property History for 155 4th Avenue Southwest

DateEvent & SourcePriceAppreciation
Dec 15, 2025

Price Change

NorthStar #7000245

$350,000—
Dec 15, 2025

Listed (Active)

NorthStar #7000245

—
Mar 29, 2019

Off Market

NorthStar #6062119

—
Jan 2, 2019

Listed (Active)

NorthStar #6062119

$180,000—
Nov 30, 2018

Off Market

NorthStar #6053872

—
Aug 3, 2018

Listed (Active)

NorthStar #6053872

$230,000—
Oct 29, 2010

Listed (Active)

Lake Superior Area REALTORS #1695717

$184,900—
DateEvent & SourcePrice
12/15/2025

Price Change

NorthStar #7000245

$350,000
12/15/2025

Listed (Active)

NorthStar #7000245

—
03/29/2019

Off Market

NorthStar #6062119

—
01/02/2019

Listed (Active)

NorthStar #6062119

$180,000
11/30/2018

Off Market

NorthStar #6053872

—
08/03/2018

Listed (Active)

NorthStar #6053872

$230,000
10/29/2010

Listed (Active)

Lake Superior Area REALTORS #1695717

$184,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 155 4th Avenue Southwest

Taxable ValueLand$16,400Additions$269,800Total$286,200
Tax Record2024$3,544 ($295 / month)
Home Facts
Total Finished SqFt1,206 SqFtAbove Grade Finished SqFt1,206 SqFtStories2Lot Size10,890 SqFtStyleDuplexYear Built1886CountyOTTER TAILAPN77000990686000

Schools near 155 4th Avenue Southwest

This home is within Perham-Dent Public School District.
Rating
School
Type
Grades
Distance
Heart Of The Lake Elementary School
Public - PK to 4
Perham Area Learning Center
Public - 8 to 12
Perham Senior High School
Public - 9 to 12
Prairie Wind Middle School
Public - 5 to 8
Rating
School
Distance
Heart Of The Lake Elementary School
PublicPK to 4

Perham Area Learning Center
Public8 to 12

Perham Senior High School
Public9 to 12

Prairie Wind Middle School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 155 4th Avenue Southwest, Perham, MN 56573

155 4th Avenue Southwest is a multi-family home for sale in Perham, MN 56573. This property was listed for sale on December 15, 2025 by eXp Realty, it's currently listed at $350,000. This listing's school district is Perham-Dent Public School District. Nearby schools include Heart Of The Lake Elementary School, Perham Area Learning Center and Perham Senior High School. 155 4th Avenue Southwest is a 5-bed, 3-bath, 2,412 sqft multi-family home built in 1886.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/21/2025 04:55 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.