Lori Gustafson

447 2nd Ave Ne

Perham, MN
$ 219,000 Beds 3 Baths 1 Sq 1,161
Monthly Estimate* How much can I afford?

AFFORDABLE PERHAM STARTER HOME! Located on the northeast side of Perham, just blocks from Main Street, this charming home offers Comfort, Value, and Convenience in a great location. The Oversized Backyard provides plenty of room for a Swing Set, Garden, Outdoor Entertaining, or simply relaxing beneath the shade of Mature Trees. Inside, the home offers 1,782 SqFt across three levels, featuring a functional floorplan and abundant Natural Light throughout. The main level includes a comfortable Living Room, Kitchen, and updated Full Bath, while the upper level offers two spacious bedrooms with ample storage and elevated neighborhood views. Downstairs, the partially finished basement adds valuable flexibility with a Third Bedroom, Laundry/Utility Room, and additional storage. A major highlight is the bright 3-Season Porch/Sunroom overlooking the backyard, creating the perfect setting for morning coffee, casual entertaining, or quiet evenings at home. The Sunroom also serves as a convenient breezeway to the 14x20 Garage, offering excellent space for projects, tools, or extra storage. Whether you’re searching for an Entry-Level Home or a Solid Addition to your Investment Portfolio, this property offers Affordability and Potential in an Excellent Location!

Single Family

  • Price
  • $ 219,000
  • City
  • Perham
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • OTTER TAIL
  • Half Bathrooms
  • 0
  • Area
  • Newcombs 2nd Add
  • Lot Size
  • 0.164 Acres
  • Zip
  • 56573
  • Sqr Footage
  • 1,161
  • Year Built
  • 1947
  • Taxes
  • $ 1557
  • Style
  • Single Family
  • MLS#
  • 7053411
Listed By: Jack Chivers Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1161
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dryer,Electric Water Heater,Freezer,Range,Refrigerator,Washer
Garage Spaces 1
Construction Materials Block,Concrete,Frame
Year Built 1947
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility Other
County Otter Tail
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Newcombs 2nd Add
Other Structures Garage(s)
Full Baths 1
Directions From Main Street in Perham,head north on 1st Ave North. Continue until 4th Street North,then turn right. Take the First left onto 2nd Ave NE,and the property will be the third home on the left-hand s
City Perham
High School District Perham-Dent
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1557
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Window,Natural Woodwork,Patio,Porch
PostalCity Perham

Interior Features

Basement Block,Daylight/Lookout Windows,Egress Window(s),Full,Partially Finished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1041
Laundry Features Lower Level,Laundry Room,Sink
Total Bedrooms 3
Below Grade Finished Area 120
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Informal Dining Room,Kitchen/Dining Room
Foundation Dimensions Irregular
Fuel Natural Gas
Garage Dimensions 14 x 20
Garage Square Feet 280

Exterior Features

Fencing Partial
Parking Features Attached Garage,Concrete
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.164
Building Area Total 1782
Lot Dimensions 50 x 143
Waterfront Y/N No
Foundation Area 741
Road Frontage Type City Street,Paved Streets,Sidewalks
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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/9/2026 Listed $219,000

Property vs Zip Code Average in 56573

Price
AVG $830K
$220K
Taxes
AVG $3,478
$1,557
Year Built
AVG 1986
1947
Visits
AVG 78
8
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

447 2nd Ave Ne Perham, MN is a Single Family Home for sale at $219000 with 1161 sqft and a lot size of 0.164 Acres Acre(s). 447 2nd Ave Ne Perham has 3 bedrooms, 1 baths and was built in 1947. The property's zip code is 56573 which is in Perham, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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