Fantastic investment opportunity! This large duplex is located at 400 Riverside Avenue in Park Rapids. Neck deck installed on the back of the upper unit overlooking the river and the hydro dam. Wonderful location with 2 extra large rental units with separate entrances. Also includes a detached garage for use of each tenant. Great long term potential for a new landlord to take ownership.
Active
$239,900
400 Riverside Ave, Park Rapids, MN 56470
6beds
2baths
2,888sqft
:
Get pre-qualified$1,569/mo
Duplex Up and Down
Built in 1901
-- sqft lot
$236,200 Zestimate®
$83/sqft
$-- HOA
What's special
- 11 days |
- 366 |
- 19 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Justin G Clack 218-252-4682,
Keller Williams Realty Professionals
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7115016
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: In Unit
Features
- Basement: Other,Partial,Unfinished
Interior area
- Total structure area: 3,738
- Total interior livable area: 2,888 sqft
- Finished area above ground: 2,888
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Asphalt, Concrete, Driveway - Other Surface, Paved Lot
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (24 x 24), Garage Door Height (7), Garage Door Width (9)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Covered, Deck
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: East, River
- Has water view: Yes
- Water view: River
- Waterfront features: River View
Lot
- Size: 0.42 Acres
- Dimensions: 155 x 132 x 155 x 139
- Topography: Level
Details
- Foundation area: 2112
- Parcel number: 322504200
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Roof: Age Over 8 Years,Asphalt,Pitched
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Power Company: Minnesota Power
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Location
- Region: Park Rapids
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $173,700
- Annual tax amount: $3,276
- Date on market: 7/27/2026
- Tenant pays: Electricity, Heat
- Road surface type: Paved
Estimated market value
$236,200
$224,000 - $248,000
$1,262/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Listed for sale | $239,900$83/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7115016 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,719 +12.1% | $173,700 -2.5% |
| 2023 | $2,426 -3% | $178,100 +12.1% |
| 2022 | $2,501 -47.9% | $158,900 +8.6% |
| 2021 | $4,800 -2.7% | $146,300 +0.2% |
| 2020 | $4,934 | $146,000 |
| 2019 | $4,934 -7.3% | $146,000 -9.1% |
| 2018 | $5,322 +0.3% | $160,600 +0.1% |
| 2016 | $5,306 +107.1% | $160,500 +9.8% |
| 2015 | $2,562 +8% | $146,200 +8.3% |
| 2014 | $2,372 +8.9% | $135,000 -2% |
| 2011 | $2,178 -9.1% | $137,800 -5% |
| 2010 | $2,396 | $145,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 56470
Nearby schools
GreatSchools rating
- 7/10Park Rapids Area Century Elementary SchoolGrades: PK-6Distance: 1.1 mi
- 3/10Park Rapids Area Century Middle SchoolGrades: 7-8Distance: 1.1 mi
- 5/10Park Rapids Senior High SchoolGrades: 9-12Distance: 0.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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