Are you looking for a high yielding investment property? How does $4,000+ per month sound? Well, here it is! There is endless income generating opportunity with this property located in Dresbach, across from the Mississippi River! This property offers a 3 bed, 2 bath, 2200+ sq ft house, w/opportunity to duplex. It is currently rented until April, for $1,500/month. A 50 x 100 heated workshop w/office space, 12x40 heated space, & an additional 20x30 cold storage. Which could provide even more storage income. Shop currently is set up for auto repair, with a 6-month lease for one bay, & the office for $1500/month, but could be used for a variety of different businesses. The Tiny House, w/bathroom & kitchenette, has averaged $16k in annual income the last 3 yrs in short term rental. Located across from the city park and boat landing. Excellent owner occupy opportunity. Call for your private showing today!
Closed
$450,000
46855 Riverview Dr, La Crescent, MN 55947
4beds
2,213sqft
Single Family Residence
Built in 1965
0.56 Acres Lot
$470,100 Zestimate®
$203/sqft
$2,560 Estimated rent
Home value
$470,100
$447,000 - $494,000
$2,560/mo
Zestimate® history
Owner options
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$2,560/mo
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$2,560/mo
Rent Zestimate®
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$2,792/mo
Est. payment
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$2,792/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Aaron Bartsch 507-272-9645,
Castle Realty, LLC
Bought with:
Aaron Bartsch
Castle Realty, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6368813
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,213
- Total interior livable area: 2,213 sqft
- Finished area above ground: 2,213
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Detached Garage
- Garage spaces: 5
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: River View
Lot
- Size: 0.56 Acres
- Dimensions: 127 x 200
Details
- Foundation area: 2213
- Parcel number: 00000000000
- Zoning description: Other
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Gas: Propane
- Sewer: Private Sewer
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: La Crescent
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $396,500
- Annual tax amount: $2,862
- Date on market: 5/11/2023
- Cumulative days on market: 255 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/4/2026 | Listing removed | $2,540$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/21/2025 | Price change | $2,540+5.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/7/2025 | Listed for rent | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/5/2024 | Sold | $450,000-10%$203/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6368813 Report a problem | ||
| 3/4/2024 | Pending sale | $499,900$226/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6368813 Report a problem | ||
| 1/10/2024 | Price change | $499,900-4.8%$226/sqft |
Source:  WIREX MLS #1792548 Report a problem | ||
| 9/8/2023 | Listed for sale | $525,000$237/sqft |
Source: WIREX MLS #1792548 Report a problem | ||
| 7/25/2023 | Pending sale | $525,000$237/sqft |
Source: WIREX MLS #1792548 Report a problem | ||
| 5/16/2022 | Listed for sale | $525,000$237/sqft |
Source: WIREX MLS #1792548 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,276 -5.9% | $396,500 +1.5% |
| 2024 | $4,546 +57.8% | $390,800 -0.4% |
| 2023 | $2,880 +0.6% | $392,300 +75.1% |
| 2022 | $2,862 -4.7% | $224,100 |
| 2021 | $3,002 +5.9% | $224,100 |
| 2020 | $2,836 +9.4% | -- |
| 2019 | $2,592 +4.7% | $215,400 +2.5% |
| 2018 | $2,476 -9.3% | $210,200 |
| 2017 | $2,730 | -- |
| 2016 | $2,730 | -- |
| 2015 | $2,730 -0.2% | -- |
| 2014 | $2,736 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 55947
Nearby homes
- $146,6001 bd1 ba942 sqft46908 Riverview Dr, La Crescent, MN 55947Off Market
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Nearby schools
GreatSchools rating
- 7/10Lacrescent-Hokah Elementary SchoolGrades: PK-4Distance: 5.2 mi
- 6/10Lacrescent-Hokah Middle SchoolGrades: 5-8Distance: 5.7 mi
- 7/10Lacrescent Senior High SchoolGrades: 9-12Distance: 5.7 mi
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- Minnesota
- Winona County
- La Crescent
- 55947
- 46855 Riverview Dr
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