Lori Gustafson

145 5th Street Nw

Perham, MN
$ 225,000 Beds 3 Baths 1.5 Sq 1,893
Monthly Estimate* How much can I afford?

Warm, welcoming, and full of possibility — this 3-bedroom, 1¼-bath home is ready to be discovered. Step inside to a modern, inviting kitchen that sets the tone for the rest of the home. At the heart of it all is a spacious family room, perfectly suited for quiet relaxing evenings or lively game nights with family and friends. All three bedrooms are conveniently located on the main level, with the two secondary bedrooms sharing access to a bonus space ideal for a home office or playroom — flexible living for however your family needs it most. Downstairs offers even more potential, with ample room to create an additional bedroom or family room to fit a growing household. Outside, a fully fenced backyard keeps the patio private and peaceful — perfect for a relaxed Sunday grill-out with the ones you love. Tucked just minutes from town and local shops, this home offers the perfect balance of comfort, convenience, and everyday charm.

Single Family

  • Price
  • $ 225,000
  • City
  • Perham
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • OTTER TAIL
  • Half Bathrooms
  • 1
  • Area
  • Newcombs 2nd Add
  • Lot Size
  • 0.144 Acres
  • Zip
  • 56573
  • Sqr Footage
  • 1,893
  • Year Built
  • 1958
  • Taxes
  • $ 2096
  • Style
  • Single Family
  • MLS#
  • 7140636
Listed By: eXp Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1893
Sewer City Sewer/Connected
Heating Boiler
Cooling Window Unit(s)
Garage Spaces 1
Year Built 1958
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Otter Tail
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Newcombs 2nd Add
Full Baths 1
Directions From Downtown Perham. Go north on 1st Ave N. Turn left on 5th st NW.
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 2096
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Perham

Interior Features

Basement Block
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1493
Half Baths 1
Total Bedrooms 3
Below Grade Finished Area 400
Total Baths 2
Foundation Dimensions 28 x 54
Fuel Natural Gas
Garage Square Feet 360

Exterior Features

Parking Features Attached Garage,Concrete
Water Source City Water/Connected
Lot Size Area 0.144
Building Area Total 2986
Lot Dimensions 90 x 70
Waterfront Y/N No
Foundation Area 1493

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

9/9/2026 Listed $225,000

Property vs Zip Code Average in 56573

Price
AVG $830K
$230K
Taxes
AVG $3,478
$2,096
Year Built
AVG 1986
1958
Visits
AVG 78
30
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

145 5th Street Nw Perham, MN is a Single Family Home for sale at $225000 with 1893 sqft and a lot size of 0.144 Acres Acre(s). 145 5th Street Nw Perham has 3 bedrooms, 1 baths and was built in 1958. 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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