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MLS: #7093939, Listed By: Donna Sylvester, RE/MAX Advantage Plus, Source:FargoMoorhead Area Association of REALTORS

150 2nd Avenue

Elgin, MN 55932

$349,900

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Overview

Bed

Bath

3,552

Sqft

0.28

Acre(Lot)

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!

Property Details

Property Type : Residential Income

Price : $349,900

AD Id : 85014399

MLS Id : 7093939

Beds : 8

Lot Size : 0.28 Acre

Living Area Size : 3,552

Year Built : 1979

County : Wabasha

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Total Baths: 4

Room Information

Has Basement: Yes Basement: Block, Concrete
Heating & Cooling

Has Heating: Yes Heating: Baseboard

Building Information

Year Built: 1979 Building Area Total: 3552 Private Pool: No

Lot Information

Lot Dimensions: 82x150 Main Square Feet: 0.28 Acres Lot Size Acres: 0.28 Lot Size Square Feet: 12196.8

Property Information

Subdivision: Millers Add Source Property Type: Residential Income Property SubType: Quadruplex Property Age: 47

Listing Price Information

Listing Price: $349900

Tax Information

Parcel Number: R190025300 Annual Tax: $5186

Parking Information

Gravel, Parking Lot

Homeowners Association Information
Association Amenities: Coin Laundry

Location Information

Direction: Take Hwy 42 into Elgin, turn West on 1st St SE, go 4 blocks turn left on 2nd Ave SW, property down on the left. WaterSource: Public

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ByOwner last updated this listing 06/19/2026 @ 06:15

MLS: 7093939 LISTED BY: Donna Sylvester, RE/MAX Advantage Plus 952-226-7700 SOURCE: FargoMoorhead Area Association of REALTORS