502 Prospect Street Milroy, MN ^$ 140,000

502 Prospect Street

^$ 140,000

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Recently Listed

502 Prospect Street

Milroy, MN, 56263

^$ 140,000

Bedrooms2 Baths1.0 Sq 988

Monthly Estimate*

^$ 967

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502 Prospect Street, Milroy, MN 56263 - Image 11

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Single Family Home for sale in Milroy, MN

for $140,000 with 2 bedrooms and 1 full bath. This 988 square foot home was built in 1965 on a lot size of 0.439.

Welcome to 502 Prospect St in Milroy! This 2BD, 1BA home is both well maintained move in ready with some recent upgrades like fresh paint inside, and a newer water heater and furnace (2021). The lot is spacious and well tended!

Single Family Active

Price

^$ 140,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,056

Style

Single Family

Lot Size

0.439

Year Built

1965

Town/City

Milroy

County/Region

Redwood

MLS | Web ID

7154634

Features

General

Living Area 988

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Appliances Dishwasher Range Refrigerator Water Softener Owned

HOA Fee 0

Garage Spaces 1

Year Built 1965

Levels One

Property Subtype Single Family

Tax Year 2026

Accessibility None

County Redwood

New Construction N

Property Type Residential

HOA N

Contingency None

Full Baths 1

Directions SW Milroy on Prospect St

City Milroy

High School District Milroy

Zoning Description Residential-Single Family

Lot Size Units Acres

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 2056

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Full

Total Fireplaces 0

Basement (Y/N) Y

Fireplace Y/N N

Above Grade Finished Area 988

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 2

Below Grade Finished Area 0

Total Baths 1

Dining Room Description Kitchen/Dining Room

Fuel Propane

Garage Square Feet 364

Exterior

Parking Features Attached Garage

Water Source City Water/Connected

Lot Size Area 0.439

Building Area Total 1508

Lot Dimensions 19 125

Waterfront Y/N N

Foundation Area 988

Internal Only

Street Number 1 502

* Excluded Features

List By

Marshall Area Homes

Broker

cheri@marshallareahomes.com

Affordability Calculator

$1,138

Per Month

Monthly Principal & Interest: $967
Monthly Property Taxes: $171
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

Single family listings in Milroy, MN

Average List Price ^$224,500

Percent of Sale Price 60%

About Milroy, MN

214 Population

-11% Since 2002

^$58,500 Median Income

42.65 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4877178 Elementary School

4877180 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/3/2026	$140,000		Listed Price

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502 Prospect Street, Milroy, MN, 56263 is a Single Family Home for sale at $140,000 with 988 sqft and a lot size of 0.439. 502 Prospect Street has 2 bedrooms, 1.0 baths, and was built in 1965. The property's zip code is 56263 which is in Milroy, 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 10/15/2026.

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502 Prospect Street

Single Family Home for sale in Milroy, MN

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