This late 1800s duplex offers a prime investment opportunity with high rental demand. Each unit features 2 bedrooms, a full bathroom, and separate laundry, ensuring tenant comfort. Recent updates including paint, washer/dryer installations, sewer repair, and toilet installation enhance its appeal. Modern flooring and furnace seamlessly blend with historic charm. Situated near Waverly Lake and Waterfront Park, residents enjoy easy access to outdoor activities. Whether pursued as a traditional rental or through house hacking, this property promises excellent returns in a thriving rental market. Don't miss out on this chance to maximize your investment potential while enjoying the benefits of homeownership.
Closed
$202,000
302 4th St N, Waverly, MN 55390
4beds
2baths
1,680sqft
Duplex Up and Down
Built in 1890
-- sqft lot
$225,200 Zestimate®
$120/sqft
$1,384 Estimated rent
Home value
$225,200
$209,000 - $243,000
$1,384/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 05:53am
Listed by:
Desrochers Realty Group 612-688-7024,
eXp Realty,
Carter Nelson 612-469-7019
Bought with:
Jesse Isaiah Rock
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6489545
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard, Forced Air
Features
- Basement: Partial,Single Tenant Access,Unfinished
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
- Finished area above ground: 1,680
- Finished area below ground: 0
Property
Parking
- Parking features: Concrete
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 6,969 sqft
- Dimensions: 85 x 80
- Features: Corner Lot
Details
- Foundation area: 909
- Parcel number: 116010015080
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Wood Siding
- Foundation: Stone
Condition
- Age of Property: 135
- New construction: No
- Year built: 1890
Utilities & green energy
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Waverly
- Subdivision: Original Waverly
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2024 | Sold | $202,000-8.2%$120/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6489545 | ||
| 3/1/2024 | Pending sale | $220,000$131/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6489545 | ||
| 2/16/2024 | Listed for sale | $220,000+65.4%$131/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6489545 | ||
| 12/2/2021 | Listing removed | -- |
Source: Zillow Rental Manager | ||
| 11/30/2021 | Listed for rent | $900$1/sqft |
Source: Zillow Rental Manager | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,066 +11.4% | $163,500 +5.6% |
| 2024 | $1,854 -3% | $154,900 +6.5% |
| 2023 | $1,912 +5.1% | $145,400 -1.5% |
Find assessor info on the county website
Neighborhood: 55390
Nearby schools
GreatSchools rating
- 4/10Humphrey Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 5/10Howard Lake Middle SchoolGrades: 5-8Distance: 5.6 mi
- 8/10Howard Lake-Waverly-Winsted Sec.Grades: 9-12Distance: 5.6 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$225,200
2% more+ $4,504
With Zillow Showcase(estimated)
$229,704