Address
155 Sw 4th, Perham, MN
Price
$ 334,900
Property Attributes
  • ID#7119012
  • TypeMulti-Family
  • Listing Status Contingent
  • CountyOTTER TAIL
  • CityPerham
  • Zip56573
  • StyleTriplex
  • Year Built1886
  • Taxes$ 3532
  • Price$ 334,900
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2412
  • Lot Size0.26 Acres
Data Source:
Northstar MLS (NSTAR)
Property 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 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

Price History
7/31/2026 Listed $334,900

General Features

Living Area 2412
Sewer City Sewer/Connected
Heating Boiler,Hot Water
Garage Spaces 4
Construction Materials Frame
Year Built 1886
Levels Two
Property Subtype Triplex
Tax Year 2026
Gross Income 28488
Accessibility None
County Otter Tail
Operating Expense 3500
Insurance Expense 2400
New Construction No
Property Type Residential Income
Association Amenities None
Contingency Sale of Another Property
Directions From Main Street. Behind United Community Bank in Perham
City Perham
High School District Perham-Dent
Zoning Description Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N No
Tax Annual Amount 3532
Fuel Expense 900
Trash Expense 600
Water Sewer Expense 1500
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Perham

Interior Features

Basement Block
Basement (Y/N) Yes
Above Grade Finished Area 2412
Total Bedrooms 1
Total Baths 1
Foundation Dimensions 50 x 32
Fuel Natural Gas
Garage Dimensions 28x20
Garage Square Feet 1136

Exterior Features

Fencing None
Parking Features Attached Garage,Detached Garage
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.26
Building Area Total 2912
Lot Dimensions 150 x 75
Waterfront Y/N No
Foundation Area 1206
Road Frontage Type City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 56573

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