725 S Cedar Avenue Owatonna, MN $ 240,000
725 S Cedar Avenue
$ 240,000
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725 S Cedar Avenue

Owatonna, MN, 55060
$ 240,000
Bedrooms6 Baths2.0 Sq 2,709

Monthly Estimate*

$ 1,658

725 S Cedar Avenue, Owatonna, MN 55060 - Image 1
725 S Cedar Avenue, Owatonna, MN 55060 - Image 2
725 S Cedar Avenue, Owatonna, MN 55060 - Image 3
725 S Cedar Avenue, Owatonna, MN 55060 - Image 4
725 S Cedar Avenue, Owatonna, MN 55060 - Image 5
725 S Cedar Avenue, Owatonna, MN 55060 - Image 6
725 S Cedar Avenue, Owatonna, MN 55060 - Image 7
725 S Cedar Avenue, Owatonna, MN 55060 - Image 8

Multi-Family Home for sale in Owatonna, MN

for $240,000 with 6 bedrooms and 2 full baths. This 2,709 square foot home was built in 1894 on a lot size of 0.25.

Great investment opportunity in a convenient Owatonna location! This spacious two-unit property offers has a total of 6 bedrooms and 2 bathrooms, providing excellent potential for rental income or owner-occupancy. Each unit offers generous living space and comfortable bedroom accommodations, making this a versatile property for investors or owner occupant. The property sits on a desirable corner lot and includes a detached 2-car garage for additional parking and storage. Conveniently located near schools, parks, shopping, dining and downtown Owatonna. Bring your vision and take advantage of the opportunity to add value to this established multifamily property!

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Multi-Family Active

Price

$ 240,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,832

Style

Duplex Side by Side

Lot Size

0.25

Year Built

1894

Town/City

Owatonna

County/Region

Steele

MLS | Web ID

7106277

Features
General
Living Area 2709
Sewer City Sewer/Connected
Heating Boiler
Garage Spaces 2
Year Built 1894
Levels Two
Property Subtype Duplex Side by Side
Tax Year 2026
Gross Income 0
Accessibility None
County Steele
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name Phelps Add
Directions I35 Take Bridge Street Exit Go East to Cedar Ave Turn South on Cedar 725 on East Side
City Owatonna
High School District Owatonna
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 3832
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Unfinished
Basement (Y/N) Y
Above Grade Finished Area 2709
Total Bedrooms 6
Below Grade Finished Area 0
Total Baths 2
Fuel Natural Gas
Garage Square Feet 576
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Exterior
Parking Features Detached Garage
Water Source City Water/Connected
Lot Size Area 0.25
Building Area Total 2709
Lot Dimensions common
Waterfront Y/N N
Foundation Area 1369
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Internal Only
Street Number 1 725
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* Excluded Features
List By
Re/Max Advantage Plus

Broker

MichelleM@mnrealestateteam.com

Email

Affordability Calculator

$1,977
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,658
Monthly Property Taxes
$319
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.
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Nearby
708449 Elementary School
708755 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/14/2026$240,000 Listed Price

Map


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725 S Cedar Avenue, Owatonna, MN, 55060 is a Multi-Family Home for sale at $240,000 with 2,709 sqft and a lot size of 0.25. 725 S Cedar Avenue has 6 bedrooms, 2.0 baths, and was built in 1894. The property's zip code is 55060 which is in Owatonna, MN