541 5th St SE, Deer River, MN, 56636
About This Home
Fully renovated, fully furnished, and full of possibilities! This beautifully updated 2-bedroom, 2-bath home offers a flexible floor plan designed to fit a variety of needs. With kitchens and laundry on both the main and upper levels. There’s excellent potential to create separate living spaces, or explore a duplex conversion. Conveniently located just minutes from downtown Deer River, this move-in-ready property is perfect as a primary residence, vacation getaway, or investment opportunity. Don’t miss your chance to own a home where modern updates meet endless potential!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1879
Materials
- Roof: Age 8 Years or Less
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Laundry features: Main Level,Upper Level
Basement
- Has basement: Yes
- Basement: Block
Bathroom
- Level: Main
- Area: 32.39
- Dimensions: 7.9x4.10
Bathroom
- Level: Upper
- Area: 78
- Dimensions: 10.4x7.5
Bedroom
- Level: Main
- Area: 134.64
- Dimensions: 13.6x9.9
Bedroom2
- Level: Upper
- Area: 122.985
- Dimensions: 9.11x13.5
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Finished area below ground: 0
- Finished area above ground: 1,176
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,848
- Total interior livable area: 1,176 sqft
Kitchen
- Level: Main
- Area: 127.4
- Dimensions: 14x9.10
Kitchen2Nd
- Level: Upper
- Area: 120.64
- Dimensions: 10.4x11.6
Laundry
- Level: Main
- Area: 80.23
- Dimensions: 11.3x7.10
Living Room
- Level: Main
- Area: 151.8
- Dimensions: 13.2x11.5
Living Room
- Level: Upper
- Area: 122.985
- Dimensions: 13.5x9.11
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 894900266
- Zoning description: Residential-Single Family
- Foundation area: 672
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 6,969 sqft
- Lot size dimensions: 50 x 190
Parking
- Parking features: Driveway - Other Surface
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Heat Wave
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Itasca County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $702 | $8,424 |
| Home Insurance * | $111 | $1,332 |
| Property Taxes | $99 | $1,188 |
| Electricity | $170 | $2,050 |
| Total | $1,082 | $12,984 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-21 | Price change | $139,000 |
| 2026-07-03 | Listed for sale | $159,000 |
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