Incredible Investment Opportunity! 3-Lot Property with Endless Potential!
Don’t miss your chance to own this one-of-a-kind property that offers space, character, and income potential! Situated on three separate lots, this unique opportunity includes a vacant lot that is perfect for future development, added privacy, or outdoor expansion and a second lot featuring a spacious shop, ideal for the hobbyist, small business owner, or extra recreational storage.
The charming 3-bedroom, 1-bath home is bursting with personality, showcasing arched doorways, original hardwood floors, and other distinctive architectural details that set it apart. An addition to the home, previously used as a hair salon, features a separate entrance, a perfect setup for an in-home business, studio, or guest suite with minimal modification.
Whether you’re looking to invest, run a business from home, or simply enjoy the flexibility of extra space, this property checks all the boxes.
A fantastic opportunity awaits. Call today for your private tour!
Closed
$115,000
45 Center Ave N, Elgin, MN 55932
3beds
1,108sqft
Single Family Residence
Built in 1900
0.31 Acres Lot
$117,500 Zestimate®
$104/sqft
$1,492 Estimated rent
Home value
$117,500
Estimated sales range
Not available
$1,492/mo
Zestimate® history
Owner options
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$591/mo
Est. payment
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$591/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Heidi Novak 507-358-0821,
Re/Max Results
Bought with:
Tracie Fogelson
Property Brokers of Minnesota
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6727754
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Upper
- Area: 154 Square Feet
- Dimensions: 14X11
Bedroom 2
- Level: Upper
- Area: 150 Square Feet
- Dimensions: 15X10
Bedroom 3
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12X11
Deck
- Level: Main
Den
- Level: Main
- Area: 77 Square Feet
- Dimensions: 11X7
Dining room
- Level: Main
- Area: 198 Square Feet
- Dimensions: 18X11
Flex room
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12X8
Kitchen
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15X15
Living room
- Level: Main
- Area: 209 Square Feet
- Dimensions: 19X11
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Block,Drain Tiled,Full
- Has fireplace: No
Interior area
- Total structure area: 1,108
- Total interior livable area: 1,108 sqft
- Finished area above ground: 1,108
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
- Details: Garage Dimensions (36X26)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.31 Acres
- Dimensions: 100 x 150 x 82 x 150
Details
- Foundation area: 554
- Parcel number: R190012200
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Bryants Add
HOA
- Has HOA: No
Location
- Region: Elgin
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $95,800
- Annual tax amount: $796
- Date on market: 6/10/2025
- Cumulative days on market: 60 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2025 | Sold | $115,000-22.8%$104/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6727754 Report a problem | ||
| 8/12/2025 | Pending sale | $149,000$134/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6727754 Report a problem | ||
| 6/22/2025 | Price change | $149,000-6.8%$134/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6727754 Report a problem | ||
| 6/13/2025 | Listed for sale | $159,900$144/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6727754 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $796 -5.2% | $95,800 +4.5% |
| 2024 | $840 +0.2% | $91,700 +4% |
| 2023 | $838 +16.4% | $88,200 +17.4% |
| 2022 | $720 -2.4% | $75,100 |
| 2021 | $738 -1.3% | $75,100 -0.5% |
| 2020 | $748 -15.4% | $75,500 -0.8% |
| 2019 | $884 | $76,100 -8% |
| 2018 | $884 +24.9% | $82,700 -0.8% |
| 2017 | $708 -4.3% | $83,400 |
| 2016 | $740 | -- |
| 2015 | $740 -15.3% | -- |
| 2012 | $874 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 55932
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Nearby schools
GreatSchools rating
- 7/10Plainview-Elgin-Millville 4-6Grades: 4-6Distance: 0.3 mi
- 7/10Plainview-Elgin-Millville JuniorGrades: 7-8Distance: 0.2 mi
- 9/10Plainview-Elgin-Millville High SchoolGrades: 9-12Distance: 4.6 mi
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Estimated market value
$117,500
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Estimated market value
$117,500
- Minnesota
- Wabasha County
- Elgin
- 55932
- 45 Center Ave N
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