Closed

$185,000

31507 195th Ave, Fergus Falls, MN 56537

8beds

4baths

4,000sqft

Quadruplex

Built in 1978

-- sqft lot

$287,600 Zestimate^®

$46/sqft

$1,202 Estimated rent

Home value

$287,600

$242,000 - $339,000

$1,202/mo

Zestimate^® history

Owner options

List your home for rent

$1,202/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,202/mo

Rent Zestimate^®

Refinance and save

$1,108/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$1,108/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Country 4 plex on 7+ acres overlooking wetlands offers a great investment opportunity. All units are 2 bed 1 bath. Newer windows in some units. Vinyl siding. Large deck for the upper two units to utilize. Lessee's in 3 of the 4 units. Don't miss this opportunity! Owner/Agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Baseboard, Forced Air, Fireplace(s)

Appliances

Laundry: In Unit

Features

Basement: Finished

Interior area

Total structure area: 4,000
Total interior livable area: 4,000 sqft
Finished area above ground: 2,000
Finished area below ground: 2,000

Property

Parking

Parking features: Parking Lot
Details: Garage Dimensions (0), Garage Door Height (0), Garage Door Width (0)

Accessibility

Accessibility features: Customized Wheelchair Accessible

Features

Levels: Two
Patio & porch: Deck

Lot

Size: 7.42 Acres
Dimensions: 7.42 Acres

Details

Foundation area: 2000
Parcel number: 22000150116004
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Frame
Roof: Asphalt

Condition

New construction: No
Year built: 1978

Utilities & green energy

Electric: Circuit Breakers, Power Company: Lake Region Electric Co-op
Gas: Electric, Propane
Sewer: Septic System Compliant - No
Water: Drilled

Community & HOA

HOA

Amenities included: None

Location

Region: Fergus Falls

Financial & listing details

Price per square foot: $46/sqft
Tax assessed value: $169,600
Annual tax amount: $2,696
Date on market: 3/18/2024
Cumulative days on market: 64 days
Tenant pays: Electricity

Price history

Date	Event	Price
7/26/2024	Sold	$185,000-7.5%$46/sqft
Source: NorthstarMLS as distributed by MLS GRID #6505277 Report a problem
5/21/2024	Pending sale	$199,900$50/sqft
Source: NorthstarMLS as distributed by MLS GRID #6505277 Report a problem
3/18/2024	Listed for sale	$199,900+73.8%$50/sqft
Source: NorthstarMLS as distributed by MLS GRID #6505277 Report a problem
8/31/2023	Listing removed	--
Source: Zillow Rentals Report a problem
8/23/2023	Listed for rent	$775
Source: Zillow Rentals Report a problem
10/3/2011	Sold	$115,000$29/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #1695685 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,450 -3.7%	$169,600 +0.4%
2024	$1,506 -44.1%	$168,900 -43.1%
2023	$2,696 +23.8%	$296,900 +60.7%
2022	$2,178 +7.6%	$184,700
2021	$2,024 -4.1%	--
2020	$2,110 +21.5%	$184,700 +18.4%
2018	$1,736 -12.5%	$156,000
2017	$1,984 +5.4%	$156,000 +2.6%
2016	$1,882	$152,000
2015	$1,882 +1%	--
2014	$1,864	$152,000
2013	--	--
2012	--	--