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This home will be available soon!

407 1st Avenue NW

Forest Lake, MN 55025

4 beds
2 baths
1,900 sqft
7,448 sqft lot
$184 per sqft
1890 build
– on site

Attractive home with over $60,000 in updates and renovations done since 2020 including new roof and siding. This home is currently being used as a rental unit with a 3-bedroom 1 bath unit on the main level and a 1-bedroom 1 bath unit upstairs. This is a great opportunity to live and have a tenant pay your mortgage! Convenient in town location close to all city amenities including the bike trail and Lakeside Memorial Park all within walking distance.

Listing courtesy of NORTHSTAR / R. Kevin Marois / Keller Williams Premier Realty

Last checked: Checking… • Last updated Feb 22, 2025 •

MLS# 6670296 —

The Building

Year Built:

1890
New Construction:

false
Age Of Property:

135
Construction Materials:

Vinyl Siding, Wood Siding
Construction Materials Desc:

Insulating Concrete Forms
Roof:

Age 8 Years or Less, Pitched
Accessibility Features:

None
Levels:

One and One Half
Main Level Finished Area:

1350.0000
Basement:

Full, Unfinished
Basement:

true
Foundation Area:

1350
Manufactured Home:

No
Building Area Total:

3250
Above Grade Finished Area:

1900

Interior

Dining Room Description:

Eat In Kitchen
Fireplace:

false
Amenities:

Kitchen Window,Washer/Dryer Hookup

Room Dimensions

Living Area:

1900

Location

Directions:

Hwy 61 to Broadway Ave; WEST to 4th St NS; NORTH to home
Latitude:

45.280782
Longitude:

-92.988991

The Property

Parcel Number:

0803221210045
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Tree Coverage - Medium
Lot Size Area:

0.17
Lot Size Dimensions:

50x150
Lot Size SqFt:

7448.76
Lot Size Units:

Acres
Road Frontage Type:

City Street, Paved Streets
Road Responsibility:

Public Maintained Road
Fencing:

Partial
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

2853
Tax With Assessments:

2856.0000

Beds

Bedrooms Total:

4

Baths

Total Baths:

2
Bath Description:

Main Floor Full Bath,Upper Level Full Bath
Full Baths:

2

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Sewer:

City Sewer/Connected

Appliances

Appliances:

Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Schools

High School District:

Forest Lake

The Community

Subdivision Name:

Houles Jw Add
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Attached Garage, Concrete
Garage Spaces:

2
Garage Dimensions:

24x26
Garage SqFt:

624

Monthly cost estimate

Asking price

$350,000

Expense	Monthly cost
Mortgage	$1,874
Taxes	$237
Insurance	$96
Utilities	$238 See report
Total	$2,445/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
2/21/25 Feb 21, 2025	Coming Soon	NORTHSTAR	$350,000	45.9% (10.9% / YR)
11/25/24 Nov 25, 2024	Price Changed	NORTHSTAR
10/18/24 Oct 18, 2024	Listed / Active	NORTHSTAR

House

$350,000

Cost Est.

$2,445/mo.

Listing provided by broker:

R. Kevin Marois

Keller Williams Premier Realty

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This house is located in Forest Lake, MN 55025. 407 1st Avenue NW is a 1,900 square foot house with 4 beds and 2 baths that has been on Estately for 0 days. This house is in the attendance area of Forest Lake Area High School, Century Junior High School, and Forest Lake Elementary School.

Listing Courtesy of: NORTHSTAR and Keller Williams Premier Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.