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For Sale:  Owatonna MLS# 7111527

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Active NEW!
$300,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1975
1,791 sqft • 0.243 acres
Owatonna schools
MLS# 7111527
763-576-8286
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         4:30p - 6p
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    Property Description

    Exceptionally well-maintained up/down duplex offering two spacious 2-bedroom, 1-bath units. This clean, move-in-ready property showcases true pride of ownership and has been meticulously cared for. Recent updates include new furnaces and a new water heater for added peace of mind. Separate gas and electric utilities make management convenient, while the shared laundry area and attached two-car garage add everyday functionality. Originally built as a split-level home, the layout could easily be converted back to a single-family residence if desired, providing excellent flexibility for future use. The current owner occupied the property and did not rent the lower unit, so no rental income history is available. Whether you're looking to owner-occupy, invest, or create a single-family home, this property offers endless potential in a well-maintained package.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $300,000
    Price per sq ft: $168
    Property Type: Multi-family
    City: Owatonna
    Garage Spaces: 2
    County: Steele
    Year Built: 1975
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55060
    Subdivision Name: Dobberstein & Berghs Add

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,791 ft2
    Living Area: 1,791 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Single Tenant Access

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 2
    Garage Dimensions: 24 x 24
    Garage Size: 576 ft2
    Foundation Size: 943 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Attached Garage
    Shared Amenities:
    • Laundry
    • Lobby Entrance
    Road Frontage: City Street
    Roof Details: Age Over 8 Years

    Rooms

    Laundry: Common Area

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.243
    Geolocation: 44.068178, -93.21017
    Lot Dimensions: 80 x 132
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 761
    District Phone: 5074448610

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,014
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,078

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.