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  • $122,000

    248 Main St W, Wabasha, MN 55981

    1beds
    675sqft
    (CC) Low Rise (3- Levels)
    Built in 1884
    -- sqft lot
    $114,400 Zestimate®
    $181/sqft
    $1,074 Estimated rent

    Home value

    $114,400

    $109,000 - $120,000

    $1,074/mo

    Zestimate® history
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    $738/mo

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    What's special

    This location is hard to beat. Set in the heart of downtown Wabasha and just one block from the Mississippi River, this condo is within easy walking distance of the river front, the National Eagle Center, the amphitheater, the library, coffee shops, restaurants, local boutiques, Under the Bridge concerts, and Slippery’s, made famous by Grumpy Old Men. A laundromat is conveniently located across the street. From the living room, you can even catch a view of the bridge. Located steps above Main Street in a beautiful brick building that has long been a downtown staple, this clean and charming condo has a personality all its own. The spacious kitchen offers plenty of cabinet space, a pantry, and name brand appliances. The living room includes a dry bar area, space for a dining table, and a beautiful two sided, stone accented gas fireplace. Vinyl plank flooring runs throughout the main living areas and bedroom, with no carpet anywhere in the unit. On the other side of the fireplace is a cozy bonus space with a mantel and jetted tub. It is an unexpected little retreat that could be used as a spa room, reading nook, yoga space, or sitting room. Marble tile surrounds the tub. Whether you are looking for an affordable place to call your own or are interested in exploring rental possibilities, this is a genuinely special opportunity to own a little piece of downtown Wabasha. Rental use is subject to buyer verification of all applicable association and local requirements. Most furnishings may be available with an acceptable offer, making this an easy turnkey option. Massage chair and bed frame are excluded. Owning this affordable home could be cheaper than renting! The association fee is only $111 per month and includes gas, heat, water, sewer, trash, and insurance; the owner currently pays only electric and internet.

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Lynn Barker 763-567-0917,

    Exit Northstar Realty,

    Gregory W Schmidt 612-919-0213

    Bought with:

    Heather Lynn Barker

    Exit Northstar Realty

    Gregory W Schmidt

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7089496MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 99.75 Square Feet
    • Dimensions: 9'6x10'6
    Bathroom
    • Level: Main
    • Area: 45 Square Feet
    • Dimensions: 9'x5'
    Kitchen
    • Level: Main
    • Area: 115 Square Feet
    • Dimensions: 9'7x12'
    Living room
    • Level: Main
    • Area: 221 Square Feet
    • Dimensions: 13'x17'
    Sitting room
    • Level: Main
    • Area: 169 Square Feet
    • Dimensions: 13'x13'
    Heating
    • Fireplace(s)
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Freezer, Microwave, Range, Refrigerator
    • Laundry: Other
    Features
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Double Sided, Gas, Living Room, Stone
    Interior area
    • Total structure area: 675
    • Total interior livable area: 675 sqft
    • Finished area above ground: 675
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 696 Square Feet
    Details
    • Foundation area: 675
    • Parcel number: R270160300
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: (CC) Low Rise (3- Levels)
    • Attached to another structure: Yes
    Materials
    • Roof: Flat,Rubber
    Condition
    • New construction: No
    • Year built: 1884

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Hoffman House Condo Cic
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Structure, Gas, Heating, Maintenance Grounds, Professional Mgmt, Sanitation, Sewer, Water
    • HOA fee: $111 monthly
    • HOA name: Hoffman House Condominiums
    • HOA phone: 612-940-6173
    Location
    • Region: Wabasha

    Financial & listing details

    • Price per square foot: $181/sqft
    • Tax assessed value: $95,400
    • Annual tax amount: $518
    • Date on market: 6/10/2026
    • Cumulative days on market: 75 days

    Price history

    DateEventPrice
    8/21/2026Sold$122,000$181/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7089496 Report a problem
    7/21/2026Price change$122,000-2.4%$181/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7089496 Report a problem
    6/10/2026Listed for sale$125,000+76.3%$185/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7089496 Report a problem
    5/29/2020Sold$70,900+66.8%$105/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5332861 Report a problem
    11/5/2013Sold$42,500$63/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2095841 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$310 +18.3%$95,400 +39.5%
    2024$262 +12%$68,400 +23.5%
    2023$234 -7.9%$55,400 +0.5%
    2022$254 -51.9%$55,100
    2021$528 $55,100 +6.2%
    2020-- $51,900 -28%
    2019$570 $72,100 +85.8%
    2018$570 +6.7%$38,800 +7.2%
    2017$534 -6.3%$36,200
    2016$570 --
    2015$570 -51.4%--
    2012$1,174 --
    Find assessor info on the county website

    Neighborhood: 55981

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $114,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $114,400