641 Summit Avenue
Balaton, MN, 56115 $ 150,000
Bedrooms2 Baths1.0 Sq 1,080 Monthly Estimate*
$ 1,036
for $150,000 with 2 bedrooms and 1 full bath. This 1,080 square foot home was built in 1968 on a lot size of 0.38.
Move-in ready and packed with possibilities! This beautifully updated 2 bedroom, 1 bathroom home has been extensively renovated from top to bottom, featuring all new plumbing, electrical, fixtures, doors windows, siding, flooring, sheetrock, water heater complete bathroom renovation and even a new sewer line already in place. The thoughtfully optimized floor plan offers comfortable living with a perfect main floor location for a stackable washer and dryer, plus a bonus room in the 1/4 story that would make a great office, hobby room, guest space, or additional storage area. Outside is where this property really shines- the detached triple stall garage is extra deep and offers incredible flexibility. The oversized third stall features an impressive 12-foot door, making it ideal for campers, boats, trailers, toys or oversized equipment. A steel roof gives you peace of mind for decades to come. Whether you're looking for the perfect owner-occupied setup, extra storage space, or an investment opportunity, this property delivers. Rent the house and each garage stall separately for multiple income streams, or keep part of the garage space for yourself while generating rental income from the rest. Clean, updated, functional, and ready to go- move in and be done!
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FeaturesGeneralLiving Area 1080
Sewer City Sewer/Connected
Heating Forced Air
Cooling Window Unit(s)
HOA Fee 0
Garage Spaces 3
Year Built 1968
Levels One
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Lyon
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name 5th Railroad Add
Full Baths 0
Directions From highway 14 head south on 210th Ave then left on 1st Ave then south on Summit Ave. House is on the west side of the street
City Balaton
High School District Tracy Area
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1824
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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InteriorBasement None
Total Fireplaces 0
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 1080
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 1
Fuel Electric
Garage Dimensions 34x42
Garage Square Feet 1324
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ExteriorParking Features Detached Garage
Water Source City Water/Connected
Lot Size Area 0.38
Building Area Total 1080
Lot Dimensions 100x165
Waterfront Y/N N
Foundation Area 864
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* Excluded FeaturesList Bytaraonken@edinarealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,036
- Monthly Property Taxes
- $152
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Balaton, MN
Average List Price $241,986
Percent of Sale Price 61%
About Balaton, MN 648 Population
5% Since 2002
$ 52,692 Median Income
40 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
3048571 Elementary School
3048440 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/8/2026 | $150,000 | -3.23% | Price Down |
| 8/20/2026 | $155,000 | -1.90% | Price Down |
| 6/14/2026 | $158,000 | -4.24% | Price Down |
| 5/18/2026 | $165,000 | | Listed Price |