450 Murray Ave Pine River, MN 56474
Property details
About 450 Murray Ave
New deck, new kitchen flooring, new remote controlled ceiling fans, over 15K of upgrades/improvements made in the last few weeks. Consider the convenience of a fantastic property that pays for itself! This versatile property features three interconnected units, allowing it to be used as a single 5-bedroom, 3-bathroom home, while the detached fourth unit can be used as an income-generating rental. Alternatively, all four units can be rented out independently to maximize profits. The current owner uses two of the units for personal living, renting out the other two one-bedroom, one-bathroom each. The high rental demand in the area ensures stable occupancy. Excellent location near the school, restaurants, and more. Schedule your showing now!
Highlights
Summary
- Basement: Yes
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Asphalt
- Heating: Baseboard, Forced Air
- List Price: $349,900
- Price/SqFt: $139
- Annual Tax Amount: $3,900
- Tax Year: 2022
- Lot: Irregular Lot
- Directions: From 371N continue on to a right on Main St. to a right on Murray Ave, property is on the right.
- Year Built: 1972
- Living Area: 2,508 SqFt
- MLS Number: 6697392
- MLS Name: NORTHSTAR
- Office Name: eXp Realty
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 26, 2021 | Home Sold | $280,000 |
| May 07, 2018 | Home Sold | $135,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $265,600 | $3,900 |
| 2021 | $172,500 | $2,962 |
| 2020 | $147,500 | $2,664 |
| 2019 | $136,200 | $1,736 |
| 2018 | $120,100 | $1,574 |
| 2017 | $93,669 | $1,574 |
History based on county public records data.
Nearby schools
4
Pine River-Backus Elementary School
Public District PK-6
0.2 mi
•401 Murray Ave
8
Eagle View Elementary School
Public District PK-4
11.1 mi
•6539 County Road 11
7
Nisswa Elementary School
Public District PK-4
15.3 mi
•5533 Lakers Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,467. Typical income of Pine River, MN residents is less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
NASCAR
Pro Wrestling
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Applebees
Hardee's
Jimmy Johns
What do the neighbors drive?
Cadillac
GMC
Dodge
What do the neighbors listen to?
Classic Country- Country
New Country
Frequently asked questions
About 450 Murray Ave
The listing price of 450 Murray Ave property is $349,900.
The property 450 Murray Ave is a multi located in Pine River, Minnesota, 56474.
Active Listing: 450 Murray Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 450 Murray Ave are: Pine River-Backus Elementary School (GreatSchools Rating 4/10), Eagle View Elementary School (GreatSchools Rating 8/10), Nisswa Elementary School (GreatSchools Rating 7/10), Pequot Lakes Middle School (GreatSchools Rating 6/10), Crosslake Community Charter School (GreatSchools Rating 7/10), Middle Level Alternative Program (GreatSchools Rating 2/10), Pine River-Backus High School (GreatSchools Rating 5/10), Pine River-Backus Area Learning Center (GreatSchools Rating 2/10), Pequot Lakes Senior High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2022 is $3,900 (source: MLS/based on county public records data).
The last sale was on August 26, 2021 for $280,000 (source: MLS/tax record).
The property 450 Murray Ave is 2,508 SqFt (source: MLS/tax record).
The year of construction for 450 Murray Ave is 1972.
This home is located at 450 Murray Ave in Pine River, MN and zip code 56474. This 2,508 square foot home was built in 1972. Features: 0 bathroom. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $349,900.
While more than 1 listings in Pine River, MN in June 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below. The number of listings in Pine River, MN increased by 16.2% between May and June 2025. In June 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $278,000.