409 Meadow Drive McGregor, MN ^$ 275,000

409 Meadow Drive

^$ 275,000

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409 Meadow Drive

McGregor, MN, 55760

^$ 275,000

Bedrooms5 Baths4.0 Sq 3,500

Monthly Estimate*

^$ 1,899

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Multi-Family Home for sale in McGregor, MN

for $275,000 with 5 bedrooms and 4 full baths. This 3,500 square foot home was built in 1974 on a lot size of 2.43.

Check out this incredible investment opportunity in the heart of McGregor. This rare 4-plex offers incredible cash flow from day 1 along with value add possibilities offering incredible upside potential for the new owner. This is one you won't want to miss. Schedule your showing today! Listing agent is owner.

Multi-Family Active

Price

^$ 275,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,374

Style

Fourplex

Lot Size

2.43

Year Built

1974

Town/City

McGregor

County/Region

Aitkin

MLS | Web ID

7080759

Features

General

Living Area 3500

Sewer City Sewer/Connected

Heating Baseboard Forced Air

Garage Spaces 0

Year Built 1974

Electric Circuit Breakers

Tenant Pays Electricity

Levels One

Property Subtype Fourplex

Tax Year 2026

Gross Income 45828

Accessibility No Stairs External No Stairs Internal

County Aitkin

Net Operating Income 33047

Operating Expense 12781

Insurance Expense 2243

New Construction N

Property Type Residential Income

Contingency None

MaintenanceExpense 289

Directions From 210 enter town then head north on 65. Property is almost immediately on your left located between Fireside Inn and Crossroads Hotel.

City McGregor

High School District McGregor

Number Of Units Total 4

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 1374

Electric Expense 4106

Fuel Expense 2300

Trash Expense 1909

Water Sewer Expense 1838

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement None

Basement (Y/N) N

Above Grade Finished Area 3500

Total Bedrooms 5

Below Grade Finished Area 0

Total Baths 4

Fuel Electric Propane

Exterior

Water Source City Water/Connected

Lot Size Area 2.43

Building Area Total 3500

Lot Dimensions irregular

Waterfront Y/N N

Foundation Area 3500

Internal Only

Street Number 1 409

* Excluded Features

List By

Exp Realty

Broker

dillon.dale@exprealty.com

Affordability Calculator

$2,014

Per Month

Monthly Principal & Interest: $1,899
Monthly Property Taxes: $115
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 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.

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Nearby

Trends
Schools

Multi-family listings in McGregor, MN

Average List Price ^$275,000

Percent of Sale Price 0%

About McGregor, MN

331 Population

4% Since 2002

^$26,607 Median Income

43.7 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709390 Elementary School

708377 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/30/2026	$275,000	-6.78%	Price Down
7/20/2026	$295,000	-3.28%	Price Down
5/26/2026	$305,000		Listed Price

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409 Meadow Drive, McGregor, MN, 55760 is a Multi-Family Home for sale at $275,000 with 3,500 sqft and a lot size of 2.43. 409 Meadow Drive has 5 bedrooms, 4.0 baths, and was built in 1974. The property's zip code is 55760 which is in McGregor, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 10/16/2026.

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409 Meadow Drive

Multi-Family Home for sale in McGregor, MN

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