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41221 474th Avenue, Perham, MN 56573

Otter Tail County

Key Facts

3Beds
3Baths
5,056Sq Ft
1920Year Built
5.00Lot (acres)
2Garage
2Stories

Description

Major improvements have already been taken care of, including new siding, a new furnace, a new water heater, and a beautifully updated primary bathroom. With a walk-in shower. The windows throughout the home have been replaced in the last year. Set on 5 private, wooded acres just outside of Perham, this 3-bedroom home delivers the perfect mix of peaceful Northwoods living and modern updates. Inside, you will find spacious living areas with room to grow, while the unfinished basement offers endless possibilities for additional bedrooms, a family room, or the ultimate hangout space. Outside, the acreage provides flexibility to build a shop, expand, or simply enjoy the privacy and nature around you. Located just minutes from Perham, lakes, trails, and all the best of the area, this property gives you space, updates, and opportunity all in one. The heavy lifting is done. Now it is ready for your vision.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

(SF) Single Family

Year Built

1920

Stories

2

Living Area

5,056 sq ft

Lot Size

5.00 acres

Lot Dimensions

660 x 333

Garage Spaces

2

Zoning

Residential-Single Family

Days on Market

34

MLS® Listing#

7038767

Property Features

Cooling

Central Air

Heating

Forced Air

Basement

FullBlockConcrete

Laundry

Main Level

Patio

Front Porch

Water Source

Well

Financial Details

HOA

None

Annual Taxes

$2,254

Parcel Number

52000290209004

Directions

From Perham, head SE on Main St until Hwy 10, After 2.4 Miles, turn right onto 410th St, then take the first right onto 474th Ave. This home sits at the end of the road.

Affordability Calculator

$75,000

Estimated monthly payment

$1,996/mo

Principal $300,000 · Est. interest $418,527 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Perham, MN

$333,333
Median Listing Price
95
Median Days on Market
1,856
Median Sq Ft
$198
Median Price / Sq Ft
80
Active Listings
  • This home’s price is 13% above the area median.
  • Its price per sq ft is 63% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Perham, MN.

Location

Map showing the location of 41221 474th Avenue, Perham, MN 56573

Points of Interest in Perham, MN

Showing the Perham area map.

Nearby Schools

  • Perham School District

    Secondary · 3.9 mi away

  • Heart of the Lakes Elementary

    Elementary · 4.1 mi away

  • St. Henry's Area School

    School · 4.1 mi away

  • Prairie Wind Middle School

    Secondary · 4.1 mi away

  • Perham High School

    Secondary · 4.1 mi away

  • Perham Area Learning Center

    School · 4.2 mi away

  • Children's Corner

    School · 4.3 mi away

  • St Paul's Lutheran School

    School · 4.4 mi away

  • New York Mills Public School Isd 553

    Elementary · 6.6 mi away

  • New York Mills High School

    Secondary · 6.6 mi away

  • New York Mills Secondary

    Secondary · 6.6 mi away

  • Sunrise Christian School

    School · 12.7 mi away

  • Frazee Elementary

    Elementary · 14.8 mi away

  • Frazee High School

    Secondary · 14.8 mi away

  • Jesus Little Lambs

    School · 15.5 mi away

  • Henning Public School

    School · 16.9 mi away

  • Henning Secondary

    Secondary · 16.9 mi away

  • Wadena-Deer Creek High School

    Secondary · 19.0 mi away

  • Wadena-Deer Creek Public Schools

    School · 19.1 mi away

  • WDC Preschool/Ecfe

    Elementary · 19.2 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
411 6th Avenue SW, Perham, MN$275,000332,284
411 6th Avenue SW, Perham, MN$275,000332,284
720 6th Drive NW, Perham, MN$275,000422,300
621 6th Street NE, Perham, MN$294,500221,321
1012 NE 6th Avenue, Perham, MN$299,000421,848
612 5th Avenue SW, Perham, MN$299,900422,272

Moving Cost Estimate

EXIT Agents in Perham

Listing Courtesy: eXp Realty - 3205004397

Presented by: Stephen Sweere

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than EXIT Realty are marked with the listing office name. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by FargoMoorhead. MLS® Listing#7038767. © 2026EXIT Realty®. All rights reserved.