$275,000

621 Elm Ave E Waseca, MN 56093

Estimated payment $1,864/month

Total Views 8,715
4 Beds
4 Baths
2,898 Sq Ft
$95 Price per Sq Ft

Highlights

  • Deck
  • Lower Floor Utility Room
  • Hot Water Heating System
  • Corner Lot
  • 3 Car Detached Garage
  • Coin Laundry

About This Home

Hard to find investment property! 4-plex fully occupied, well maintained over many years of ownership. Rents from $640 to $765. 2 main floor; 2 upper level. 3 of the tenants use garage stall. A value buy for the investor looking to grow their portfolio

Listing Agent

Marcia Berg

Edina Realty, Inc. Listed on: 11/13/2025

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,225

Year Built

  • Built in 1875

Lot Details

  • Lot Dimensions are 86 x 125
  • Corner Lot
  • Few Trees

Parking

  • 3 Car Detached Garage
  • Off-Site Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,898 Sq Ft Home
  • 2-Story Property
  • Lower Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Deck
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 172761210

Community Details

Overview

  • 4 Units
  • First Add Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,225

Year Built

Built in 1875

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1875
  • Above Grade Finished Sq Ft: 2898
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 2898
  • Owner Pays: All Utilities
  • Basement YN: Yes
  • Appliances: Range, Refrigerator

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Architectural Shingle
  • PoolFeatures: None
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached Garage, Concrete, Off Site

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Common Area, Lower Level
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Waseca
  • SchoolDistrictPhone: 5078352500

Lot Info

  • Lot Size: 86 x 125
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame
  • Units Total: 4

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 172761210
  • Tax Annual Amount: 5225
  • TaxWithAssessments: 5330

Multi Family

  • Number Of Refrigerators: Four

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $5,330 $269,900 $35,500 $234,400
2023 $4,764 $244,500 $35,500 $209,000
2022 $4,112 $186,500 $45,200 $141,300
2021 $4,048 $159,400 $39,400 $120,000
2020 $4,048 $155,900 $36,500 $119,400
2019 $2,924 $154,000 $34,900 $119,100
2018 $2,848 $109,600 $31,300 $78,300
2017 $2,608 $109,600 $31,300 $78,300
2016 $2,278 $107,700 $29,700 $78,000
2015 -- $92,500 $29,100 $63,400
2012 -- $107,100 $29,100 $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 For Sale $275,000 -- $95 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6817633

NorthstarMLS