450 Murray Ave Pine River, MN 56474
Property details
About 450 Murray Ave
Instant cash producer. Multiple options for this fantastic property. For both investors seeking high cash flow or a multigenerational family wanting to live close but with independent space for each member. Think of the convenience of an estate that pays for itself. Doing as the current owner does, living comfortably in the four-bedroom, two-bathroom home while tenants pay the mortgage. Or renting out the whole four units to maximize profits. Seller currently uses two of the four units personally. High rental demand in the area ensures consistent occupancy. Great location close to the school, restaurants, and more. Schedule your showing today!
Highlights
Summary
- MLS Number: 6697392
- MLS Name: NORTHSTAR
- Office Name: eXp Realty
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Get an agent. Get a mortgage. Save big.¹
$349,900
450 Murray Ave
$4,155
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Residents of Pine River, MN typically earn less than $<35k each year. Residents typically live in single, no kids family. The most common level of education of people living 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
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.
In March 2025, from all listings sold in Pine River, MN there were more than 0 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price. In March 2025 in Pine River, MN there were 36.4% more homes for sale than in February. The median list price of listings available in March 2025 was $280,000, while the average time on the real estate market was 6 days.