505 4th Street S
Princeton, MN, 55371 $ 320,000
Bedrooms4 Baths2.0 Sq 2,654 Monthly Estimate*
$ 2,210
for $320,000 with 4 bedrooms and 2 full baths. This 2,654 square foot home was built in 1963 on a lot size of 0.2.
Princeton MN home for sale with space, character, and a corner lot are hard to find, and this 4 bedroom, 2 bathroom rambler delivers all three. With 2,654 finished square feet, this single story home in Princeton, Minnesota features original hardwood floors, classic built ins, and abundant storage throughout. The updated kitchen offers ample cabinetry with an informal dining and breakfast area, perfect for everyday living and entertaining. The finished basement expands your living space with a spacious recreation room, dedicated laundry and utility areas, and a fourth bedroom that flexes as a home office or gym. Outside, enjoy a private fenced backyard with mature trees on a generous corner lot (155x70), ideal for bonfires, gardening, and pets. The attached 2 car garage is both heated and insulated, a rare find for Minnesota winters. Located near historic downtown Princeton with easy access to schools, parks, shopping, dining, and Highway 169 for commuters. Ask about the assumable mortgage opportunity on this Princeton home for sale. At $320,000, this move in ready rambler near the Rum River won't last. Schedule your private showing today.
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FeaturesGeneralLiving Area 2654
Sewer City Sewer/Connected
Heating Boiler Hot Water
Cooling Ductless Mini-Split Window Unit(s)
Roof Age Over 8 Years Asphalt
Appliances Cooktop Dishwasher Dryer Freezer Gas Water Heater Microwave Refrigerator Wall Oven Washer Water Softener Owned
HOA Fee 0
Garage Spaces 2
Year Built 1963
Electric Circuit Breakers
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Mille Lacs
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Ross-Mere
Full Baths 1
Directions S Rum River Dr to 4th St S.
City Princeton
High School District Princeton
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4086
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Cable Ceiling Fan(s) Hardwood Floors Kitchen Window Patio
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InteriorBasement Finished Full
Total Fireplaces 0
Basement (Y/N) Y
Fireplace Y/N N
Above Grade Finished Area 1500
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Laundry Features In Basement
Total Bedrooms 4
Below Grade Finished Area 1154
Total Baths 2
Bath Desc Main Floor Full Bath
Dining Room Description Breakfast Area Informal Dining Room
Fuel Natural Gas
Garage Dimensions 25x22
Garage Square Feet 550
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ExteriorFencing Wood
Parking Features Attached Garage Gravel Heated Garage Insulated Garage
Lot Features Corner Lot Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.2
Building Area Total 3000
Lot Dimensions 155x70
Waterfront Y/N N
Foundation Area 1500
Road Frontage Type City Street
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* Excluded FeaturesList Bytamara@graceandgrithomegrp.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,210
- Monthly Property Taxes
- $341
- 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 Princeton, MN
Average List Price $358,670
Percent of Sale Price 12%
About Princeton, MN 5,175 Population
25% Since 2002
$ 44,676 Median Income
38.66 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
708419 Elementary School
709067 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/1/2026 | $320,000 | | Listed Price |