450 Murray Avenue, Pine River, Minnesota image 1
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MLS: #7130852, Listed By: Radames Cruz, eXp Realty, Source:FargoMoorhead Area Association of REALTORS

450 Murray Avenue

Pine River, MN 56474
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$327,900 $1,382/Mo
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Bed 6

Bed

Bath 4

Bath

SqFt2,508

Sqft

Acres1.40

Acres(Lot)

INVESTMENT OPPORTUNITY WITH CURRENT RENTAL INCOME + ADDITIONAL POTENTIAL! Take a fresh look at 450 Murray Avenue in Pine River. Three occupied units currently generate seller-reported gross rents of $3,250/month ($39,000 annualized), while Unit 2 is vacant and not included in those income figures, offering additional potential for the next owner. Current rents are Unit 1: $1,700/month, leased through August 2027; Unit 3: $700/month, month-to-month; and Unit 4: $850/month, month-to-month. The property also has an updated rental license and offers an established tenant base from day one. Features include 6 bedrooms, 4 bathrooms, approximately 2,508 finished sq. ft., a spacious in-town lot, 2-stall garage, new deck, new kitchen flooring, remote-controlled ceiling fans, and more than $15,000 i n recent updates. Convenient Pine River location near downtown, Pine River-Backus Schools, the Paul Bunyan State Trail, and Norway Lake recreational access. Whether you're looking to expand an investment portfolio or step into your first income-producing property, this one deserves a closer look. Rental figures are seller-provided.

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Detail Ic Property Details

Property Type : Residential Income

Price : $327,900

AD Id : 89859948

MLS Id : 7130852

Beds : 6

Lot Size : 1.40 Acres

Living Area Size : 2,508 Sq. Ft

Tax Amount : $4,214

Year Built : 1972

Garage : 2

County : Cass

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4

    Room Information

    Has Basement: Yes Basement: Block, Concrete

  • Roofing Information

    Asphalt, Shingle

  • Interior Features

    Roof: Asphalt, Shingle Laundry Features: Main Level

  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Forced Air

  • Building Information

    Year Built: 1972 Building Area Total: 2508 Construction Materials: Block, Frame Stories: 2 Patio And Porch Features: Deck Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: irrx326x200x270 Main Square Feet: 1.4 Acres Lot Size Acres: 1.4 Lot Size Square Feet: 60984 Lot Description: Irregular Lot, Level

  • Listing Price Information

    Listing Price: $327900 Original Price: $334900 Cash, Conventional

  • Tax Information

    Parcel Number: 942313204 Tax Year: 2025 Annual Tax: $4214 Tax Legal Desc: PART OF GOV LOT 6, SEC 31-138-29

  • Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: From 371N continue on to a right on Main St. to a right on Murray Ave, property is on the right. WaterSource: Public
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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 ByOwner 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®.

ByOwner last updated this listing 10/08/2026 @ 07:57

MLS: 7130852 LISTED BY: Radames Cruz, eXp Realty 612-751-9303 SOURCE: FargoMoorhead Area Association of REALTORS

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