1028 S Cedar Avenue Owatonna, MN ^$ 235,000

1028 S Cedar Avenue

^$ 235,000

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Recently Listed

1028 S Cedar Avenue

Owatonna, MN, 55060

^$ 235,000

Bedrooms5 Baths2.2 Sq 2,894

Monthly Estimate*

^$ 1,562

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Multi-Family Home for sale in Owatonna, MN

for $235,000 with 5 bedrooms and 2 full baths, 2 half baths. This 2,894 square foot home was built in 1900 on a lot size of 0.39.

Discover this charming two-story duplex, perfect for both living and investing. With one unit for you and the other to rent out, this property offers a spacious lifestyle and potential income. Features include a large two-stall garage, new windows and siding, updated bathrooms, and ample parking space. Enjoy comfort and convenience while earning an income from your home!

Multi-Family Active

Price

^$ 235,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 2,872

Style

Duplex Side by Side

Lot Size

0.39

Year Built

1900

Town/City

Owatonna

County/Region

Steele

MLS | Web ID

6550793

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Roof Age Over 8 Years Architecural Shingle

Garage Spaces 2

Construction Materials Vinyl Siding

Year Built 1900

Electric 100 Amp Service 200+ Amp Service

Levels Two

Property SubType Duplex Side by Side

Tax Year 2024

Gross Income 0

Accessibility None

County Steele

Operating Expense 0

Insurance Expense 0

New Construction N

Property Type Residential Income

Contingency None

Directions From Hwy 14 exit North onto S Cedar Ave. Continue North and property will be on the left.

City Owatonna

Buyer Agent Compensation 2.50

High School District Owatonna

Zoning Description Residential-Multi-Family

NumberOfUnitsTotal 2

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 2872

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 1

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Stone/Rock

Basement (Y/N) Y

Above Grade Finished Area 2894

Below Grade Finished Area 0

Fuel Natural Gas

Garage Dimensions 24 x 30

Garage Square Feet 720

Exterior

Fencing None

Parking Features Detached Gravel Garage Door Opener Shared Garage/Stall

Water Source City Water/Connected

Lot Size Area 0.39

Lot Dimensions 99 x 168

Foundation Area 1003

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 1028

* Excluded Features

List By

Re/Max Venture

Broker

rachel.gasner@remax.net

Affordability Calculator

$1,801

Per Month

Monthly Principal & Interest: $1,562
Monthly Property Taxes: $239
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Owatonna, MN

Average List Price ^$242,967

Percent of Sale Price 3%

About Owatonna, MN

25,733 Population

13% Since 2002

^$56,594 Median Income

38.9 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708449 Elementary School

708755 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/10/2024	$235,000		Listed Price

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1028 S Cedar Avenue, Owatonna, MN, 55060 is a Multi-Family Home for sale at $235,000 with 2,894 sqft and a lot size of 0.39. 1028 S Cedar Avenue has 5 bedrooms, 2.2 baths, and was built in 1900. The property's zip code is 55060 which is in Owatonna, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is 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.

Data is updated as of 6/21/2024.

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1028 S Cedar Avenue

Multi-Family Home for sale in Owatonna, MN

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