Lori Gustafson

405 Sw 1st Avenue

Grand Rapids, MN
$ 250,000 Beds 4 Baths 2 Sq 1,728
Monthly Estimate* How much can I afford?

Welcome to this beautifully maintained 4-bedroom, 2-bath home offering the perfect combination of space, style, and convenience! Situated on a generously sized lot in a desirable Grand Rapids neighborhood, this move-in ready home features an open-concept upper level with rich hardwood floors, a spacious living room, and a bright kitchen and dining area designed for everyday living and entertaining. The private primary suite offers a walk-in closet and an attached full bath, creating a comfortable retreat at the end of the day. The finished walkout lower level includes three additional bedrooms, a second full bath, and a versatile bonus room complete with built-in cabinetry ideal for a home office, hobby space, or family room. Step outside to enjoy the fully fenced backyard, perfect for kids, pets, and summer gatherings, while the elevated deck provides a great spot for grilling or relaxing. A detached two-stall garage, attractive landscaping, and excellent curb appeal complete this fantastic property. Located just minutes from schools, parks, shopping, and all the amenities Grand Rapids has to offer, this home checks all the boxes for comfortable, convenient living. Don't miss your opportunity to make this exceptional property your next home!

Single Family

  • Price
  • $ 250,000
  • City
  • Grand Rapids
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • ITASCA
  • Half Bathrooms
  • 0
  • Area
  • Central Div Of Grand Rapids
  • Lot Size
  • 0.3 Acres
  • Zip
  • 55744
  • Sqr Footage
  • 1,728
  • Year Built
  • 1979
  • Taxes
  • $ 2675
  • Style
  • Single Family
  • MLS#
  • 7119663
Listed By: RE/MAX Advantage Plus
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1728
Sewer City Sewer/Connected
Heating Baseboard,Hot Water
Cooling Ductless Mini-Split
Roof Asphalt
Appliances Dryer,Electric Water Heater,Freezer,Microwave,Range,Refrigerator,Washer
Garage Spaces 2
Year Built 1979
Electric Circuit Breakers
Levels Split Entry (Bi-Level)
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Itasca
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Central Div Of Grand Rapids
Full Baths 2
Directions From the intersection of NE 4th Street & Great River Road head S on Great River Road for approx. .5 miles,Turn right on SW 4th Street,Turn left on 1st Avenue SW,Property is on the right.
City Grand Rapids
High School District Grand Rapids
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2675
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Tile Floors,Washer/Dryer Hookup
PostalCity Grand Rapids

Interior Features

Basement Egress Window(s),Finished,Full,Walkout
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 864
Total Bedrooms 4
Below Grade Finished Area 864
Total Baths 2
Bath Desc Full Basement,Private Primary,Separate Tub & Shower,Jetted Tub
Dining Room Description Informal Dining Room,Kitchen/Dining Room
Foundation Dimensions 25x35
Fuel Natural Gas
Garage Dimensions 24x24
Garage Square Feet 576

Exterior Features

Fencing Chain Link,Full,Wood
Parking Features Detached Garage,Gravel,Garage Door Opener
Lot Features Irregular Lot,Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.3
Building Area Total 1728
Lot Dimensions 140x100
Waterfront Y/N No
Foundation Area 864
Road Frontage Type City Street,Paved Streets
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
Adjust Payment Options
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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

7/31/2026 Listed $305,000
8/18/2026 5% - $290,000
8/25/2026 6% - $275,000
9/11/2026 10% - $250,000

Property vs Zip Code Average in 55744

Price
AVG $420K
$250K
Taxes
AVG $3,202
$2,675
Year Built
AVG 1982
1979
Visits
AVG 51
23
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

405 Sw 1st Avenue Grand Rapids, MN is a Single Family Home for sale at $250000 with 1728 sqft and a lot size of 0.3 Acres Acre(s). 405 Sw 1st Avenue Grand Rapids has 4 bedrooms, 2 baths and was built in 1979. The property's zip code is 55744 which is in Grand Rapids, 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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