Unique opportunity!!! Right in the heart of downtown Princeton.
This property is zoned commercial/business or could be used as multigenerational as it is currently grandfathered in as residential with a mother -in law addition. The opportunities are endless! There are two-bedroom suites with a bath in each one and entertainment area on the upper level totally separate from each other. The main level has kitchen two dining areas, two living rooms, laundry, two baths, den/bedroom with closet outside of the room. Large four car tandem attached garage.
If you should need more space the addition has a full basement with an egress window.
Wrap around deck and the yard is well manicured and landscaped with beautiful plants. There is a private patio area, and a detached single car garage and storage shed in the back yard. See supplements for zoning information.
Active
Price cut: $20K (4/15)
$359,900
406 S Rum River Dr, Princeton, MN 55371
2beds
3,982sqft
Est.:
Single Family Residence
Built in 1920
0.3 Acres Lot
$359,000 Zestimate®
$90/sqft
$-- HOA
What's special
Wrap around deckDetached single car garageTwo-bedroom suitesTwo dining areasPrivate patio areaEntertainment area
- 158 days
- on Zillow |
- 1,038 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: April 16, 2025 at 08:32am
Listed by:
Shelly Botzek 612-802-2784,
Princeton Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6632747

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 3
Rooms
- Room types: Kitchen, Living Room, Dining Room, Bedroom 3, Four Season Porch, Laundry, Office, Great Room, Bedroom 1, Bedroom 2, Sitting Room
Bedroom 1
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 2
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 11x12
Bedroom 3
- Level: Main
- Area: 104.5 Square Feet
- Dimensions: 9.5x11
Dining room
- Level: Main
- Area: 126.5 Square Feet
- Dimensions: 11.5x11
Dining room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Other
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Great room
- Level: Upper
- Area: 266 Square Feet
- Dimensions: 19x14
Kitchen
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Laundry
- Level: Main
- Area: 66 Square Feet
- Dimensions: 11x6
Living room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Living room
- Level: Main
- Area: 266 Square Feet
- Dimensions: 19x14
Office
- Level: Upper
- Area: 60 Square Feet
- Dimensions: 7.5x8
Sitting room
- Level: Upper
- Area: 127.5 Square Feet
- Dimensions: 15x8.5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned
Features
- Basement: Block,Egress Window(s),Partial,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,982
- Total interior livable area: 3,982 sqft
- Finished area above ground: 2,968
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Attached, Detached, Asphalt, Tandem
- Attached garage spaces: 5
- Details: Garage Dimensions (34x20)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch, Patio
Lot
- Size: 0.3 Acres
- Dimensions: 89 x 148 x 89 x 148
Details
- Additional structures: Additional Garage, Storage Shed
- Foundation area: 1484
- Parcel number: 247610060
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Block, Frame
- Roof: Age 8 Years or Less
Condition
- Age of Property: 105
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, 200+ Amp Service, Power Company: Princeton Public Utilities
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Ross-Mere
HOA
- Has HOA: No
Location
- Region: Princeton
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $358,300
- Annual tax amount: $5,514
- Date on market: 11/20/2024
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