1126 2nd Street SE Wadena, MN $ 374,500
1126 2nd Street SE
$ 374,500
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1126 2nd Street SE

Wadena, MN, 56482
$ 374,500
Bedrooms6 Baths3.1 Sq 3,377

Monthly Estimate*

$ 2,587

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Multi-Family Home for sale in Wadena, MN

for $374,500 with 6 bedrooms and 3 full baths, 1 half bath. This 3,377 square foot home was built in 1891 on a lot size of 0.321.

Take advantage of this income earning opportunity! This 3 unit property is not only impressively clean, but has been immaculately maintained and updated. Everything from the interior to the exterior including: electrical, plumbing and water pipes have been redone in the last several years. The home was moved to a new block foundation and totally renovated in 1995. Since there there has been many updates and replacements consisting of paint, flooring, fixtures, decking, railings, appliances, mechanicals and block heater plug ins. The pipes for sewer and water were configured so that you could expand and tie in 2 additional units on this large lot. Two units have 2 bed and 1 bath and one unit has 2 bed an 1.5 bath. Large shared back yard that also has an enclosed dog run. A tri plex can be a powerful way to make home-ownership work when prices and interest rates make a traditional single family home feel unattainable. Buy a home that produces income. This would also make a great generational housing option. All 3 units are currently rented for immediate income potential

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Multi-Family Active

Price

$ 374,500

Bedrooms

6

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 4,282

Style

Triplex

Lot Size

0.321

Year Built

1891

Town/City

Wadena

County/Region

Wadena

MLS | Web ID

7141317

Features
General
Living Area 3377
Sewer City Sewer/Connected
Heating Radiant
Garage Spaces 0
Year Built 1891
Tenant Pays Broadband Cable TV
Levels One and One Half
Property Subtype Triplex
Tax Year 2026
Gross Income 36000
Accessibility None
County Wadena
Operating Expense 10853
Insurance Expense 2785
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name Pickars
Directions SOUTH ON HWY 71 TO WND ST SE
City Wadena
High School District Wadena-Deer Creek
Zoning Description Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 4282
Electric Expense 1781
Fuel Expense 1416
Trash Expense 1986
Water Sewer Expense 288510
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Block Finished
Basement (Y/N) Y
Above Grade Finished Area 2294
Total Bedrooms 6
Below Grade Finished Area 1083
Total Baths 4
Fuel Natural Gas
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Exterior
Parking Features Gravel Parking Lot Open
Water Source City Water/Connected
Lot Size Area 0.321
Building Area Total 3377
Lot Dimensions 100x140
Waterfront Y/N N
Foundation Area 1083
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Internal Only
Street Number 1 1126
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* Excluded Features
List By
Centennial Realty

Broker

centennialrealty@gmail.com

Email

Affordability Calculator

$2,943
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,587
Monthly Property Taxes
$357
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
709334 Elementary School
708825 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$374,500 Listed Price

Map


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1126 2nd Street SE, Wadena, MN, 56482 is a Multi-Family Home for sale at $374,500 with 3,377 sqft and a lot size of 0.321. 1126 2nd Street SE has 6 bedrooms, 3.1 baths, and was built in 1891. The property's zip code is 56482 which is in Wadena, MN