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237 Markley Ave N, Thief River Falls, MN, 56701

3beds
2baths
1,529sqft
$257,900
$169price/sqft
$1,999/moest. monthly cost
$79,960/yrincome needed

About This Home

Nestled along the river, this charming 3-bedroom, 2-bath home offers the perfect blend of comfort, scenic beauty, and everyday convenience. Wake up to peaceful water views and enjoy your morning coffee while overlooking the river from your own backyard. Step outside and experience everything riverfront living has to offer—whether it's fishing, kayaking, or simply soaking in the tranquil setting. The yard provides plenty of space for outdoor gatherings, gardening, or enjoying evenings by the water. If you've been dreaming of a home with beautiful views and the peaceful lifestyle that only riverfront property can provide, this is an opportunity you won't want to miss. Schedule your private showing today and discover all this waterfront gem has to offer!

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

5/10
5/10
Franklin Middle SchoolGrades 6-80.6 mi
5/10

Construction

Condition

  • Year built: 1922

Materials

  • Roof: Asphalt
  • Construction materials: Concrete

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Full

Bathroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom2

  • Level: Main

Bedroom3

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Deck

  • Level: Main

Dining Room

  • Level: Main

Features

  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,529

Garage

  • Level: Main
  • Area: 624
  • Dimensions: 24x26

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 2,618
  • Total interior livable area: 1,529 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Upper

Living Room

  • Level: Main

Primary Bathroom

  • Level: Upper

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: R2500624210
  • Zoning description: Residential-Single Family
  • Foundation area: 1257

Features

  • Levels: One and One Half
  • Stories: 1
  • On waterfront: Yes
  • Waterfront features: River Front
  • Frontage length: Water Frontage: 75

Lot

  • Lot size: 0.34 Acres
  • Lot size dimensions: 75 x 128, 50 x 40

Parking

  • Total spaces: 2
  • Parking features: Detached Garage,Concrete
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Inland Flooding
    Inland FloodingVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Hail
Ice Storm
Lightning
Strong Wind
Tornado
Wildfire

FEMA Declared Disasters in Pennington County and Minnesota

Flood
Severe Storm
Straight Line Winds

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

MonthlyAnnual
Mortgage $1,304$15,648
Home Insurance *$164$1,968
Property Taxes $361$4,332
Electricity $170$2,050
Total$1,999$23,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,537/yr
40% on housing$59,970/yr
45% on housing$53,306/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

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.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$169This listing

vs Other Active Listings

Avg $/sqft

ZIP 56701$117
Pennington County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 56701
Pennington County$143

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)

Price History

DateEventPrice
2026-08-18Price change$249,900
2026-07-16Listed for sale$257,900
2021-02-04Sold$194,000
2020-12-06Pending sale$199,000
2020-09-21Price change$199,000
2020-08-15Price change$209,900
2020-07-15Listed for sale$215,000

For Sale by Agent

AgentAngie Westling
BrokerageHometown Realty

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