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Active
  • Price cut: $20K (5/22)
    $175,000

    301 Elmwood St E, Lanesboro, MN 55949

    4beds
    3baths
    2,520sqft
    : 
    Triplex
    Built in 1890
    -- sqft lot
    $171,300 Zestimate®
    $69/sqft
    $-- HOA

    What's special

    Come take advantage of this income-producing Triplex in the heart of Lanesboro, MN! Sitting in a great location in the center of historic Lanesboro, MN; this versatile triplex offers a fantastic opportunity for both investors and owner-occupants! With two active rental units and an opening for another tenant; this property offers a possibility of $1650 of rental in come per month. Featuring four total spacious bedrooms and three total bathrooms, each dwelling is thoughtfully designed for comfort and functionality. The large lot provides ample space for outdoor enjoyment, whether it's gardening, entertaining, or simply taking in the beauty of this charming town! Located just moments from downtown shops, dining, the Root River State Trail, and cultural attractions, tenants and owners alike will appreciate the convenience and vibrant community atmosphere. Whether your looking to expand your investment portfolio or find a home with rental income, this property is a rare find in one of Minnesota's most sought-after small towns. Schedule a showing today!
    139 days
    on Zillow
    |
    444
    |
    14
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: May 22, 2025 at 10:07am

    Listed by:

    Kris Lindahl 763-292-4455,

    Kris Lindahl Real Estate,

    Ryan Ernest Kelley 507-513-1231

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6658278MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 301 Elmwood St E.

    Next available tour time:Tomorrow at 9:30am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Forced Air
    Features
    • Basement: Block
    Interior area
    • Total structure area: 2,520
    • Total interior livable area: 2,520 sqft
    • Finished area above ground: 1,512
    • Finished area below ground: 848

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    Lot
    • Size: 0.32 Acres
    • Dimensions: 140 x 100
    • Features: Corner Lot
    Details
    • Foundation area: 1008
    • Parcel number: 190232000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Wood Siding
    Condition
    • Age of Property: 135
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Lanesboro Original
    Location
    • Region: Lanesboro

    Financial & listing details

    • Price per square foot: $69/sqft
    • Tax assessed value: $160,300
    • Annual tax amount: $2,182
    • Date on market: 3/6/2025
    • Tenant pays: Electricity, Sewer, Trash Collection
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