Closed

$160,000

720 S Grove Ave, Owatonna, MN 55060

5beds

2baths

2,382sqft

Duplex Up and Down

Built in 1930

-- sqft lot

$215,400 Zestimate^®

$67/sqft

$1,409 Estimated rent

Home value

$215,400

$196,000 - $237,000

$1,409/mo

Zestimate^® history

Owner options

List your home for rent

$1,409/mo

Rent Zestimate^®

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$1,409/mo

Rent Zestimate^®

Refinance and save

$838/mo

Est. payment

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$838/mo

Est. payment

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What's special

Enhance your real estate portfolio with this 2-unit property, offering both immediate rental income and long-term equity growth. The main floor unit has 3 bedrooms, while the upper level unit features 2 comfortable bedrooms—each equipped with a full bathroom, a kitchen, and a generously sized living room. Whether you choose to live in one unit and rent the other, or lease both, this property provides a smart investment opportunity that can align with your financial goals. Take the next step in real estate today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Heating

Forced Air

Appliances

Laundry: In Basement, Common Area

Features

Basement: Unfinished

Interior area

Total structure area: 2,382
Total interior livable area: 2,382 sqft
Finished area above ground: 1,636
Finished area below ground: 0

Property

Accessibility

Accessibility features: None

Features

Levels: Two
Patio & porch: Front Porch

Lot

Size: 4,965 Square Feet
Dimensions: 126 x 39
Features: Tree Coverage - Light

Details

Foundation area: 746
Parcel number: 171010613
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex Up and Down

Materials

Block, Concrete
Roof: Asphalt

Condition

New construction: No
Year built: 1930

Utilities & green energy

Electric: Service - 60 Amp, Power Company: Other
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Phelps Add

Location

Region: Owatonna

Financial & listing details

Price per square foot: $67/sqft
Annual tax amount: $2,542
Date on market: 9/4/2024
Cumulative days on market: 7 days
Tenant pays: All Utilities, Grounds Care

Price history

Date	Event	Price
8/29/2025	Listing removed	$1,000
Source: Zillow Rentals Report a problem
8/12/2025	Listed for rent	$1,000
Source: Zillow Rentals Report a problem
2/21/2025	Listing removed	$1,000
Source: Zillow Rentals Report a problem
2/4/2025	Listed for rent	$1,000
Source: Zillow Rentals Report a problem
1/23/2025	Listing removed	$1,000
Source: Zillow Rentals Report a problem
1/2/2025	Listed for rent	$1,000
Source: Zillow Rentals Report a problem
9/19/2024	Sold	$160,000+6.7%$67/sqft
Source: NorthstarMLS as distributed by MLS GRID #6596281 Report a problem
9/10/2024	Pending sale	$149,900$63/sqft
Source: NorthstarMLS as distributed by MLS GRID #6596281 Report a problem
9/4/2024	Listed for sale	$149,900$63/sqft
Source: NorthstarMLS as distributed by MLS GRID #6596281 Report a problem