$349,900
PENDING

150 2nd Ave SW Elgin, MN 55932

Estimated payment $2,321/month

Total Views 763
8 Beds
4 Baths
3,552 Sq Ft
$99 Price per Sq Ft

Highlights

  • Laundry Room
  • Baseboard Heating
  • Community Deck or Porch
  • Plainview-Elgin-Millville Elementary School (PK-3) Rated A-
  • Coin Laundry

About This Home

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!

Listing Agent

Donna Sylvester

RE/MAX Advantage Plus Listed on: 06/16/2026

RE/MAX Advantage Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,186

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 82x150
  • Few Trees

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Bi-Level Home
  • Block Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Basement

  • Walk-Out Basement
  • Block Basement Construction

Utilities

  • Baseboard Heating
  • Boiler Heating System

Listing and Financial Details

  • The owner pays for common area maintenance, exterior maintenance, fuel, grounds care, heat, HVAC maintenance, insurance, repairs, roof maintenance, sewer, snow removal, water
  • Assessor Parcel Number R190025300

Community Details

Overview

  • 4 Units
  • Millers Add Subdivision

Amenities

  • Community Deck or Porch
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,186

Year Built

Built in 1979

Lot Details

0.28 Acres

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Fourplex
  • Outside Features: Vinyl
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned, Deck
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 1776
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Walkout
  • Living Area: 3552
  • Below Grade Finished Sq Ft: 1776
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Fuel, Grounds Care, Heat, HVAC Maintenance, Insurance, Repairs, Roof Maintenance, Sewer, Snow Removal, Water
  • Basement YN: Yes
  • Appliances: Microwave, Range, Refrigerator
  • Amenities: Kitchen Window
  • Appliances: Range, Refrigerator
  • Amenities: Kitchen Window
  • Appliances: Range, Refrigerator
  • Total Rooms: 4
  • Appliances: Range, Refrigerator
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Age 8 Years or Less
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Gravel, Parking Lot

Utilities

  • Heating: Baseboard, Boiler
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Laundry Room
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Plainview-Elgin-Millville
  • SchoolDistrictPhone: 5075343651

Lot Info

  • Waterfront YN: No
  • Lot Size: 82x150
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 4

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: R190025300
  • Tax Annual Amount: 5186
  • TaxWithAssessments: 5186

Multi Family

  • TenantPays: Broadband, Cable TV, Electricity, Telephone
  • FuelExpense: 1644

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,926 $314,500 $32,800 $281,700
2024 $4,676 $294,300 $32,800 $261,500
2023 $4,516 $292,800 $32,800 $260,000
2022 $4,208 $273,000 $32,800 $240,200
2021 $3,430 $227,700 $24,600 $203,100
2020 $3,482 $183,500 $24,600 $158,900
2019 $3,238 $184,500 $24,600 $159,900
2018 $2,988 $166,300 $22,600 $143,700
2017 $3,134 $160,500 $22,600 $137,900
2016 $3,604 $0 $0 $0
2015 $3,604 $0 $0 $0
2012 $3,488 $0 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2026 07/07/26 Pending -- -- --
07/06/2026 07/06/26 Price Changed $349,900 0.0% $99 / Sq Ft
07/06/2026 07/06/26 For Sale $349,900 +37.8% $99 / Sq Ft
06/30/2026 06/30/26 Sold $254,000 -27.4% $72 / Sq Ft
06/20/2026 06/20/26 For Sale $349,900 -- $99 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 7093939

NorthstarMLS

APN: 19.00253.00

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