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
Active
$374,500
1126 2nd St SE, Wadena, MN 56482
6beds
4baths
3,377sqft
Triplex
Built in 1891
-- sqft lot
$-- Zestimate®
$111/sqft
$-- HOA
What's special
Enclosed dog runImpressively clean
- 31 days
- 215
- 10
Zillow last checked:
Listing updated:
Listed by:
Bonnie Dykhoff 218-298-2869,
Centennial Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7141317
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Radiant
Features
- Basement: Block,Finished
Interior area
- Total structure area: 3,377
- Total interior livable area: 3,377 sqft
- Finished area above ground: 2,294
- Finished area below ground: 1,083
Property
Parking
- Parking features: Gravel, Parking Lot, Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
Lot
- Size: 0.32 Acres
- Dimensions: 100 x 140
Details
- Foundation area: 1083
- Parcel number: 225400040
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1891
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Pickars
Location
- Region: Wadena
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $243,800
- Annual tax amount: $4,282
- Date on market: 9/10/2026
- Tenant pays: Broadband, Cable TV
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $374,500+21.2%$111/sqft |
Source: | ||
| 3/26/2025 | Sold | $309,000+23.6%$92/sqft |
Source: Public Record Report a problem | ||
| 12/15/2021 | Listing removed | -- |
Source: | ||
| 12/1/2021 | Listed for sale | $249,900$74/sqft |
Source: | ||
| 7/30/2021 | Listing removed | -- |
Source: MWMMLS Report a problem | ||
| 6/15/2021 | Listed for sale | $249,900+1370%$74/sqft |
Source: MWMMLS #20-34070 Report a problem | ||
| 4/14/2014 | Sold | $17,000-43.1%$5/sqft |
Source: | ||
| 1/4/2014 | Listed for sale | $29,900-53.2%$9/sqft |
Source: Keller Williams Realty Professionals #20-12040 Report a problem | ||
| 9/12/2005 | Sold | $63,827$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,880 +4.8% | $243,800 +12% |
| 2024 | $3,702 +3.8% | $217,700 +12.2% |
| 2023 | $3,566 +43.8% | $194,100 +16.5% |
| 2022 | $2,480 -3.3% | $166,600 +101.5% |
| 2021 | $2,564 +8.1% | $82,700 -5.9% |
| 2020 | $2,372 +46.8% | $87,900 +69.7% |
| 2018 | $1,616 +2.9% | $51,800 +5.9% |
| 2017 | $1,570 -3% | $48,900 +2% |
| 2016 | $1,618 +57.1% | $47,922 |
| 2015 | $1,030 | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment





