This charming home on Union Avenue is already set up as an investment property to add to your potential income! Whether you'd like to take the first step into rentals, or you would like to add to your investment portfolio, it's ready to go! This 1910 home is laid out with four apartments (a two bedroom, a studio and 2 one bedroom apartments). All units are currently under lease. Main floor apartment has new paint, updated bathroom, new kitchen sink and counter, new flooring and new back steps. The woodwork is gorgeous with original 10 inch base moldings and impressive board and batten details in the foyer. This home could also be returned to lovely single family living.
Closed
$135,000
703 N Union Ave, Fergus Falls, MN 56537
4beds
4baths
2,100sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$64/sqft
$2,437 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,437/mo
Zestimate® history
Owner options
List your home for rent
$2,437/mo
Rent Zestimate®
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$2,437/mo
Rent Zestimate®
Refinance and save
$862/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$862/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Lisa Swenson 319-321-5559,
Trilogy Real Estate
Bought with:
Zachary Good
Lakes Family Real Estate/Otter Tail Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6401971
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Radiator
Features
- Basement: Shared Access
Interior area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
- Finished area above ground: 2,100
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 7,492 sqft
- Dimensions: 50 x 150
Details
- Foundation area: 840
- Parcel number: 71003990606000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: Power Company: Ottertail Power
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Fergus Falls
- Subdivision: Cutlers 4th Add
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Listing removed | $540 |
Source: Zillow Rentals Report a problem | ||
| 2/4/2026 | Listed for rent | $540 |
Source: Zillow Rentals Report a problem | ||
| 12/7/2023 | Sold | $135,000-10%$64/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6401971 Report a problem | ||
| 11/20/2023 | Pending sale | $150,000$71/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6401971 Report a problem | ||
| 11/16/2023 | Price change | $150,000-6.3%$71/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6401971 Report a problem | ||
| 10/19/2023 | Price change | $160,000-13.5%$76/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6401971 Report a problem | ||
| 10/11/2023 | Price change | $185,000-5.1%$88/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6401971 Report a problem | ||
| 8/30/2023 | Price change | $195,000-7.1%$93/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6401971 Report a problem | ||
| 7/24/2023 | Listed for sale | $210,000$100/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6401971 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,652 +0.2% | $142,000 -20.9% |
| 2024 | $2,646 +24.2% | $179,600 +24.4% |
| 2023 | $2,130 +44.9% | $144,400 +90.5% |
| 2022 | $1,470 +18.2% | $75,800 |
| 2021 | $1,244 -0.2% | -- |
| 2020 | $1,246 +13.1% | $75,800 +6.2% |
| 2018 | $1,102 -23.6% | $71,400 +9% |
| 2017 | $1,442 +17% | $65,500 -0.3% |
| 2016 | $1,232 | $65,700 |
| 2015 | $1,232 +1.1% | -- |
| 2014 | $1,218 | $67,300 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | $1,062 +1.7% | -- |
| 2010 | $1,044 | -- |
Find assessor info on the county website
Neighborhood: 56537
Nearby schools
GreatSchools rating
- 8/10Cleveland Elementary SchoolGrades: 4-5Distance: 0.4 mi
- 4/10iQ Academy 6-8Grades: 6-8Distance: 0.5 mi
- 4/10IQ Academy 9-12Grades: 9-12Distance: 0.5 mi
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- Minnesota
- Otter Tail County
- Fergus Falls
- 56537
- 703 N Union Ave
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