424 Water Street E Cannon Falls, MN ^$ 339,000

424 Water Street E

^$ 339,000

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Recently Listed

424 Water Street E

Cannon Falls, MN, 55009

^$ 339,000

Bedrooms3 Baths2.0 Sq 2,274

Monthly Estimate*

^$ 2,341

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424 Water Street E, Cannon Falls, MN 55009 - Image 9

424 Water Street E, Cannon Falls, MN 55009 - Image 10

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Single Family Home for sale in Cannon Falls, MN

for $339,000 with 3 bedrooms and 2 full baths. This 2,274 square foot home was built in 1885 on a lot size of 0.19.

Updated 3-bedroom, 2-bath home featuring a newer roof, appliances, siding, and flooring. Perfectly situated in a prime location just blocks from local schools (4 blocks), the Cannon Valley Bike Trail (2 blocks), and a neighborhood park (1 block). Enjoy a spacious, private backyard ideal for relaxing or entertaining. The lower-level unit includes a separate entry and flexibility to serve as a rental or mother-in-law suite.

Single Family Active

Price

^$ 339,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,868

Style

Single Family

Lot Size

0.19

Year Built

1885

Town/City

Cannon Falls

County/Region

Goodhue

MLS | Web ID

7159636

Features

General

Living Area 2274

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Roof Age 8 Years or Less

Appliances Dishwasher Dryer Electric Water Heater Range Refrigerator Stainless Steel Appliances Washer Water Softener Owned

HOA Fee 0

Garage Spaces 2

Construction Materials Block

Year Built 1885

Electric Circuit Breakers

Levels One

Property Subtype Single Family

Tax Year 2026

Accessibility None

County Goodhue

New Construction N

Property Type Residential

HOA N

Contingency None

Subdivision Name Cannon Falls City Add

Other Structures Garage(s) Storage Shed

Full Baths 0

Directions HWY 19 TO WATER ST. TO VINE. NORTH ON VINE TO PROPERTY

City Cannon Falls

High School District Cannon Falls

Zoning Description Residential-Single Family

Lot Size Units Acres

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 2868

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Block Daylight/Lookout Windows Egress Window(s) Finished Kitchenette Tile Shower

Total Fireplaces 0

Basement (Y/N) Y

Fireplace Y/N N

Above Grade Finished Area 1182

Half Baths 0

1/4 Baths 0

3/4 Baths 2

Laundry Features Laundry Room Main Level

Total Bedrooms 3

Below Grade Finished Area 1092

Total Baths 2

Bath Desc 3/4 Basement Main Floor 3/4 Bath

Dining Room Description Kitchen/Dining Room

Fuel Natural Gas

Garage Square Feet 728

Exterior

Parking Features Detached Garage Asphalt Garage Door Opener

Lot Features Corner Lot

Water Source City Water/Connected

Lot Size Area 0.19

Building Area Total 2364

Lot Dimensions 142x60

Waterfront Y/N N

Foundation Area 1182

Road Frontage Type City Street Paved Streets

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 424

* Excluded Features

List By

Trust Realty

Broker

jima.pru@gmail.com

Affordability Calculator

$2,580

Per Month

Monthly Principal & Interest: $2,341
Monthly Property Taxes: $239
Monthly Home Insurance: --

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Down Payment

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 Cannon Falls, MN

Average List Price ^$563,538

Percent of Sale Price 66%

About Cannon Falls, MN

4,355 Population

6% Since 2002

^$58,416 Median Income

41.71 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708705 Elementary School

708561 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/14/2026	$339,000		Listed Price

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424 Water Street E, Cannon Falls, MN, 55009 is a Single Family Home for sale at $339,000 with 2,274 sqft and a lot size of 0.19. 424 Water Street E has 3 bedrooms, 2.0 baths, and was built in 1885. The property's zip code is 55009 which is in Cannon Falls, 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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424 Water Street E

Single Family Home for sale in Cannon Falls, MN

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