Welcome to this lucrative opportunity in the heart of Stewartville, Minnesota. This well-maintained
duplex offers a prime investment opportunity with each unit featuring 2 bedrooms, 1 bathroom, and a fully
equipped kitchen. Ideal for both rental income and future appreciation, this property boasts a consistent
cash flow for its current owners. Coin operated washer and dryer add additional income. Current tenants
are month to month but have been at the property for over two years without a rent increase! Updated
flooring, new roof in 2016, updated exterior/gutters in 2018. Reach out today for a tour of this great
property!
Closed
$271,500
605 2nd Ave NE, Stewartville, MN 55976
4beds
2baths
1,794sqft
Multi Family
Built in 1971
-- sqft lot
$286,600 Zestimate®
$151/sqft
$1,535 Estimated rent
Home value
$286,600
$272,000 - $304,000
$1,535/mo
Zestimate® history
Owner options
List your home for rent
$1,535/mo
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$1,535/mo
Rent Zestimate®
Refinance and save
$1,725/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,725/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Matt Humphrey 507-513-8167,
Engel & Volkers - Rochester,
Jacob Waldman 612-281-4313
Bought with:
Mindy Grabau
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6566259
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: Common Area
Features
- Basement: Block,Egress Window(s),Finished,Storage Space
Interior area
- Total structure area: 1,794
- Total interior livable area: 1,794 sqft
- Finished area above ground: 944
- Finished area below ground: 850
Property
Parking
- Total spaces: 1
- Parking features: Attached, Concrete
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Patio & porch: Rear Porch
- Pool features: None
- Fencing: Partial
Lot
- Size: 8,999 Square Feet
- Dimensions: 60 x 150
- Features: Near Public Transit, Tree Coverage - Light
Details
- Foundation area: 944
- Parcel number: 543412030007
- Zoning description: Residential-Multi-Family,Residential-Single Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Riverside Add
HOA
- Amenities included: Porch
Location
- Region: Stewartville
Financial & listing details
- Price per square foot: $151/sqft
- Tax assessed value: $227,300
- Annual tax amount: $3,082
- Date on market: 7/10/2024
- Cumulative days on market: 59 days
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2024 | Sold | $271,500-1.2%$151/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6566259 Report a problem | ||
| 9/9/2024 | Pending sale | $274,900$153/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6566259 Report a problem | ||
| 7/12/2024 | Listed for sale | $274,900$153/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6566259 Report a problem | ||
| 7/3/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/24/2024 | Listed for sale | $274,900+134%$153/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/20/2018 | Listing removed | $750 |
Source: Owner Report a problem | ||
| 7/16/2018 | Price change | $750-21.1% |
Source: Owner Report a problem | ||
| 7/3/2018 | Listed for rent | $950+26.7%$1/sqft |
Source: Owner Report a problem | ||
| 11/9/2017 | Listing removed | $750 |
Source: Owner Report a problem | ||
| 11/1/2017 | Price change | $750-5.1% |
Source: Owner Report a problem | ||
| 9/14/2017 | Listed for rent | $790 |
Source: Owner Report a problem | ||
| 1/22/2013 | Sold | $117,500+4.9%$65/sqft |
Source: Public Record Report a problem | ||
| 1/29/2010 | Sold | $112,000$62/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1136359 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,024 +8.2% | $227,300 +11.8% |
| 2024 | $2,794 | $203,300 +4.5% |
| 2023 | -- | $194,600 +6.3% |
| 2022 | $2,555 +4.3% | $183,100 +19.7% |
| 2021 | $2,449 -0.2% | $153,000 +3.9% |
| 2020 | $2,454 +7.7% | $147,200 +5.6% |
| 2019 | $2,278 -15.9% | $139,400 +7.1% |
| 2017 | $2,710 +6.4% | $130,200 +4.2% |
| 2016 | $2,546 | $125,000 +11.1% |
| 2015 | $2,546 +5.1% | $112,500 -0.9% |
| 2014 | $2,422 +1.3% | $113,500 -0.5% |
| 2012 | $2,390 | $114,100 -0.4% |
| 2011 | -- | $114,600 +0.3% |
| 2010 | $2,138 +62.2% | $114,300 +7.7% |
| 2008 | $1,318 | $106,100 |
Find assessor info on the county website
Neighborhood: 55976
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Nearby schools
GreatSchools rating
- NABonner Elementary SchoolGrades: K-2Distance: 0.8 mi
- 6/10Stewartville Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Stewartville Senior High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$286,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$286,600
- Minnesota
- Olmsted County
- Stewartville
- 55976
- 605 2nd Ave NE
Nearby cities
Nearby zip codes
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