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Sold on 07/07/2026
  • Exterior
  • Other
  • Kitchen
  • Dining
  • Living
  • Bedroom
  • Bath
  • Entry Way

150 2nd Ave SW, Elgin, MN 55932

  • $349,900

    Last sold 07/07/2026 after 16 Days

  • 8

    bed

  • 4

    bath

  • 3,552

    Sqft ($99/Sqft)

Multi-family not for sale
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About 150 2nd Ave SW

Property type Multi-family
Neighborhood
Year built 1979
HOA fee $0/month
Lot size 0.28 Acre
Property description
Excellent investment opportunity in Elgin! This well-maintained 4-plex features numerous updates, including a new roof in 2023 and updated windows, siding, and boiler in 2016. Additional improvements include a new coin-operated washer and dryer, providing added convenience and income potential. Tenants enjoy off-street parking, while owners will appreciate the storage shed for lawn equipment and additional storage needs. Situated on a desirable corner lot directly across from the school, park, and ball fields, this property offers a great location with easy access to nearby walking trails and community amenities. Water softener is rented through Culligan and located in the utility room. Strong rental appeal, major mechanical updates, and a prime location make this a fantastic addition to any investment portfolio!
Listed by
Listing Agent - Donna Sylvester
Listing Office - RE/MAX Advantage Plus
Source: Northstar MLS mls logo
MLS#7093939 • last updated 3 days ago
Movoto checked Northstar MLS for data 27 minutes ago
Overview
Heating Baseboard, Boiler
Levels/Style Split Entry (Bi-Level)
Virtual Tour N/A
MLS # 7093939
Type Residential Income
SubType Fourplex
Property Tax 5186
Tax Assessment 5186
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
Total # of Bathrooms 4
# Bedrooms 8
Laundry Laundry Room
Accessibility Features None
Exterior
Parking Desc Gravel, Parking Lot
Lot Desc Tree Coverage - Light
Amenities / Utilities
Water Source City Water/Connected
HOA Amenities Coin-op Laundry Owned, Deck
Location
County Wabasha
Subdivision Millers Add
High School District Plainview-Elgin-Millville
APN R190025300
Multifamily Details
Tenant Pays Broadband, Cable TV, Electricity, Telephone
Owner Pays Common Area Maintenance, Exterior Maintenance, Fuel, Grounds Care, Heat, HVAC Maintenance, Insurance, Repairs, Roof Maintenance, Sewer, Snow Removal, Water
Total # of Units 4
Expense: Trash 1396.08
Expense: Water/ Sewer 1354
Expense: Fuel 1644
Lot/ Land Details
Present Use Yearly
We are not permitted to show value estimates for this property.
  • Aug 2026
    mls logo MLS # 7093939
  • Aug 21, 2026 Sold
    $349,900 (+37.8%)
  • Jul 7, 2026 Pending
    —
  • Jul 6, 2026 Listed
    —
  • Jul 1, 2026 Sold
    $254,000 (-27.4%)
  • Jun 16, 2026 Coming Soon
    $349,900
  • Year Property taxes Tax assessment
  • 2025
    $4,926 +5.3%
    $314,500 +6.86%
  • 2024
    $4,676
    $294,300
  • 2023
    $4,676 +11.1%
    $294,300 +7.8%
  • 2022
    $4,208 +22.7%
    $273,000 +19.89%
  • 2021
    $3,430
    $227,700
  • 150 2nd Ave SW
    $349K
  • Millers Add
    —
  • 55932
    $349K +2% y/y
  • Elgin
    $349K -2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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