416 S Oak Avenue Owatonna, MN 55060

$198,000
Active
estimated monthly payment
2,538 Sq Ft  |  Duplex Up and Down  |  MLS # 6678627
  • Front
    Front
  • Front
    Front
  • South Side Exterior
    South Side Exterior
  • Unit 1 Entrance - New deck
    Unit 1 Entrance - New deck
  • New Deck
    New Deck
  • North side/back Exterior
    North side/back Exterior
  • 3 Stall Garage
    3 Stall Garage
  • Kitchen - Unit 1
    Kitchen - Unit 1
  • Kitchen
    Kitchen
  • Informal Dining
    Informal Dining
  • Living - Unit 1
    Living - Unit 1
  • Living Room
    Living Room
  • Sun soaked Living
    Sun soaked Living
  • Front Bedroom
    Front Bedroom
  • Bedroom 2
    Bedroom 2
  • Full Bath
    Full Bath
  • Back Bedroom
    Back Bedroom
  • Unit 2 Hallway
    Unit 2 Hallway
  • Unit 2 Kitchen
    Unit 2 Kitchen
  • Kitchen prep and storage
    Kitchen prep and storage
  • Unit 2 Living
    Unit 2 Living
  • Living room
    Living room
  • Large Living room
    Large Living room
  • Bedroom 1
    Bedroom 1
  • Bedroom 1
    Bedroom 1
  • Unit 2 - 3/4 Bath
    Unit 2 - 3/4 Bath
  • Bedroom 2
    Bedroom 2
  • Bedroom 2
    Bedroom 2

About The Listing

Income-Producing Property in the Heart of Owatonna! A Historic Gem with Recent Upgrades!

Located in the heart of Owatonna, this charming income-producing property offers an exceptional opportunity for investors or first-time buyers. Blending historic character with modern updates, this property is ready to deliver steady income with minimal maintenance.

The main floor unit has been thoughtfully updated, featuring a new roof (2022), energy-efficient windows (2023), brand new HVAC, fresh paint, and spacious bedrooms with daylight windows, ensuring long-term durability and appeal. The property also includes central air, and a brand-new deck (2024) adding to the comfort of tenants. The historic architecture shines through with unique details that lend the property its timeless charm. The upstairs unit can be rented as-is or remodeled to increase income potential, offering flexibility for the new owner.

With an excellent rent history and a prime location, this is an investment opportunity you won't want to miss. Own a piece of Owatonna's rich history while generating reliable income!

Contact us today for a private tour or more details!


Listing courtesy of Sophie Starks, Berkshire Hathaway Advantage Real Estate
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
Private Mortgage Insurance
Ask a Question
Your message has been sent.
Oops! that doesn't seem right.
SEND
Sign Up for a Free Monthly Market Report
Never miss out on the latest stats trends and homes in your community.
Get It Now

Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1885
MLS #: 6678627
Square Feet: 2,538
Price Per Square Foot: $78
Garage Spaces: 3
Parking Description: Detached, Gravel, Concrete, Shared Driveway
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Other
Basement: Full, Single Tenant Access, Stone/Rock, Storage Space, Unfinished
Construction Description: Brick/Stone
Roof Description: Age 8 Years or Less, Asphalt
Days On Market (Continuous): 1
Disability Features: None
Latest Update: 03/05/2025
List Date: 03/03/2025
Listing Agent ID: 503516849
Listing Office: Berkshire Hathaway Advantage Real Estate
Listing Office ID: 26905
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Lot Dimensions: 82.5 x 82.5
Lot Size: 0.25 Acres
Lot Features: Tree Coverage - Light
School District: Owatonna
Tax Year: 2024
Estimated Taxes: $1,934
Contingency Type: None
City: Owatonna
Zip: 55060
County: Steele
Subdivision: Original Town
State: MN

Similar Homes

Listing last updated: 03/05/25

® Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Digital Millennium Copyright Act (DMCA) Notice The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to Michael Bisping, Director, Customer Relations, Regional Multiple Listing Service of Minnesota, Inc, 2550 University Avenue West, Suite 259S Saint Paul, MN 55114 or by email to mbisping@northstarmls.com. Questions can be directed by phone to 651-251-3200. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Information Deemed Reliable but not guaranteed.