$305,000

409 Meadow Dr McGregor, MN 55760

Estimated payment $1,769/month

Total Views 91
5 Beds
4 Baths
3,500 Sq Ft
$87 Price per Sq Ft

Highlights

  • No Interior Steps
  • Forced Air Heating System
  • Wood Siding
  • 1-Story Property
  • Baseboard Heating

About This Home

Check out this incredible investment opportunity in the heart of McGregor. This rare 4-plex offers incredible cash flow from day 1 along with value add possibilities offering incredible upside potential for the new owner. This is one you won't want to miss. Schedule your showing today! Listing agent is owner.

Listing Agent

Dillon Dale

eXp Realty Brokerage Phone: 5079958477 Listed on: 05/26/2026

eXp Realty

Co-Listing Agent

Alyssa Dale

eXp Realty Brokerage Phone: 5079958477

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,374

Year Built

  • Built in 1974

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Accessible Home Design

  • No Interior Steps
  • Accessible Pathway

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Propane

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for gas, grounds care, snow removal, trash collection, water
  • Assessor Parcel Number 140043005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,374

Year Built

Built in 1974

Lot Details

2.43 Acres

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Fourplex
  • Outside Features: Wood
  • Accessibility Features: No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 3500
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 5079958477
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 3500
  • Owner Pays: Gas, Grounds Care, Snow Removal, Trash Collection, Water
  • Basement YN: No
  • Total Rooms: 2
  • Total Rooms: 3

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Foundation Details: Slab

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric, Propane

Schools

  • Junior High Dist: McGregor
  • SchoolDistrictPhone: 2187682111

Lot Info

  • Waterfront YN: No
  • Lot Size: irregular
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 4

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 140043005
  • Tax Annual Amount: 1374
  • TaxWithAssessments: 1374

Multi Family

  • TenantPays: Electricity
  • ElectricExpense: 4106
  • FuelExpense: 2300
  • Number Of Refrigerators: Four

Map

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Tax History

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 $1,190 $210,100 $47,200 $162,900
2024 $1,187 $179,300 $47,200 $132,100
2023 $692 $174,900 $42,800 $132,100
2022 $942 $93,200 $42,800 $50,400
2021 $972 $92,200 $41,800 $50,400
2020 $2,646 $92,200 $41,800 $50,400
2019 $1,446 $92,200 $41,800 $50,400
2018 $1,032 $92,200 $41,800 $50,400
2017 $1,820 $92,200 $41,800 $50,400
2016 $1,856 $92,200 $41,800 $50,400
2014 $1,958 $98,600 $48,200 $50,400
2012 $18 $101,200 $50,800 $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2026 05/26/26 For Sale $305,000 -- $87 / Sq Ft
Source: NorthstarMLS

Purchase 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 Type Sale Price Title Company
Deed $240,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $239,000 New Conventional
Source: Public Records

Source: NorthstarMLS

MLS Number: 7080759

NorthstarMLS

APN: 14-0-043005

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