Owatonna Homes under $250,000

Welcome to Owatonna, Minnesota—where charm meets opportunity! Nestled in Steele County, Owatonna is a vibrant city that beautifully blends small-town warmth with modern amenities. Known for its picturesque parks, friendly neighborhoods, and a strong sense of community, Owatonna offers a welcoming atmosphere for families, young professionals, and retirees alike.

One of the standout features of Owatonna is its affordability in the housing market. For those seeking a home under $250,000, this city presents a wealth of options. From cozy bungalows to spacious family homes, you’ll find properties that cater to various lifestyles and preferences. Imagine settling into a charming residence that not only fits your budget but also offers the comfort and space you’ve always desired.

Owatonna boasts a rich history, exemplified by its stunning architecture and cultural landmarks, including the renowned Steele County Historical Society. The city is also home to a thriving downtown area filled with unique shops, delightful eateries, and community events that bring residents together throughout the year.

With excellent schools, plentiful recreational opportunities, and a strong local economy, Owatonna is an ideal place to call home. Whether you’re looking to invest in your first property or searching for a family-friendly neighborhood, Owatonna’s real estate market under $250,000 is brimming with possibilities. Come explore the charm of Owatonna and discover the perfect place to create lasting memories!

Newest Owatonna Homes under $250,000

$246,900

3 Beds ⋅ 1 Baths ⋅ 7160332 MLS

This inviting home features 3 bedrooms all conveniently located on one level and 1 full bathroom. Beautifully refinished hardwood floors and new flooring in the kitchen and bedrooms add a fresh, updated feel throughout. The updated kitchen features stainless steel appliances, a new backsplash, ample cabinet space, and built-in cabinetry for additional storage. Updated double-hung windows provide added comfort and efficiency. A 1-car garage offers convenient parking and storage, while the unfinished lower level provides plenty of potential and is ready to be finished in the future for additional living space.

615 Hillcrest Avenue, Owatonna

Listing courtesy of Tracy Sells LLC.

$212,500

3 Beds ⋅ 1 Baths ⋅ 7160003 MLS

Welcome to this charming story-and-a-half home, where timeless character meets thoughtful modern updates. Fresh blue siding, crisp white trim, and a covered front porch with warm wood accents create an inviting first impression. Inside, beautiful hardwood floors add warmth and character, while the updated kitchen and bathroom offer a fresh, modern feel. Major improvements, including newer windows, central air, water heater, and plumbing, provide added peace of mind. The versatile upper level offers additional space to make your own, whether for a home office, cozy retreat, or creative space. Outside, the spacious backyard provides plenty of room to relax, entertain, and enjoy the outdoors. Full of charm and thoughtfully updated, this home is ready for its next chapter.

1031 S Cedar Avenue, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

$210,000

2 Beds ⋅ 1 Baths ⋅ 7159266 MLS

Welcome to 547 East Main Street in Owatonna! This 2-bedroom, 1-bathroom home offers a great opportunity for first-time buyers, those looking to downsize, or investors seeking their next property. Featuring a functional layout, a 1-car garage, and a convenient location near a park, this home has plenty of potential to make it your own. Recent improvements include a new roof and foundation corrections, providing added value and peace of mind. Whether you're ready to transition from renting to homeownership or looking for a property to add your personal touches, this home is worth a look. Schedule your showing today and explore the possibilities!

547 E Main Street, Owatonna

Listing courtesy of American Way Realty.

$249,900

3 Beds ⋅ 2 Baths ⋅ 7158177 MLS

Welcome to 840 Mineral Springs Road! This inviting 3-bedroom rambler offers the perfect blend of comfort, updates, and space s to enjoy both inside and out. Step inside to discover an updated kitchen, two beautifully remodeled bathrooms, and a functional layout designed for everyday living. The lower level provides additional finished living space, including a spacious family room and a versatile room with potential for a fourth bedroom, home office, or hobby space. An attached one-car garage adds everyday convenience, while the nearly half-acre, fully fenced backyard offers plenty of room for entertaining, gardening. pets, and outdoor activities. Situated in a great Owatonna location, this home offers the space you’ve been looking for with updates already completed. Don't miss your opportunity to make it space yours!

840 Mineral Springs Road NE, Owatonna

Listing courtesy of Weichert, REALTORS- Heartland.

$229,900

2 Beds ⋅ 1 Baths ⋅ 7154754 MLS

Charming 800 sq. ft home and do not let this square footage fool you! This home has been beautifully redone from top to bottom, inside and out, and located on a quiet street with fantastic curb appeal. Step inside to find beautiful hardwood floors, new cabinets, granite countertops, updated plumbing fixtures, doors, millwork, light fixtures, fresh wall and ceiling paint, and a completely refreshed bathroom. This home has it ALL. The updates continue throughout the home with new appliances and a dedicated laundry area featuring new cabinets & countertops for your washer and dryer. The basement has been upgraded with a durable floor coating. Outside, you’ll appreciate the two-car garage with a coated floor and patio area; along with the home’s inviting exterior and attractive curb appeal. Thoughtful updates and charm make this home the perfect opportunity for a first-time buyer looking for a beautiful, move-in-ready property.

221 Bryan Avenue, Owatonna

Listing courtesy of RE/MAX Advantage Plus.

$247,500

2 Beds ⋅ 1 Baths ⋅ 7150304 MLS

Lovely, quality-built rambler, lovingly cared for since the start. Attractive curb appeal showcases a well-maintained exterior highlighted by stone accents, new windows, and new front and garage doors. The living room is truly spacious, as is the large main-level naturally lit laundry room, and the expansive lower level is plumb full of possibilities. All of this, located in a truly wonderful neighborhood.

1530 Truman Avenue, Owatonna

Listing courtesy of ERA Gillespie Real Estate.

$239,900

3 Beds ⋅ 1 Baths ⋅ 7152877 MLS

Recently remodeled 3-bedroom home. Custom knotty alder cabinetry, stainless steel appliances, updated hardware showcase the kitchen. A fully renovated bathroom includes a new vanity, linen storage, and a custom-tiled tub/shower surround with modern fixtures. Interior updates include luxury vinyl plank flooring in main areas, new carpet in bedrooms and living room, fresh paint, and updated lighting throughout. Rest easy knowing you have a brand-new furnace and central air conditioning system. Exterior improvements include new windows, soffits, siding and bay window repairs, and a new rear storm door. The 24x22 detached garage offers plenty of parking and work space. Photos may have AI editing to include staging.

118 Franklin Avenue, Owatonna

Listing courtesy of Help-U-Sell Heritage Real Est..

$220,000

3 Beds ⋅ 2 Baths ⋅ 7150069 MLS

Fresh updates, functional spaces, and a location you'll love—this home checks the boxes! Conveniently located near Lincoln Elementary school, this home features three bedrooms all on main-level and a comfortable, easy-to-enjoy floor plan. Freshly painted with all-new flooring throughout, giving the home a fresh feel. Best of all—there’s not a stitch of carpet in the entire home! The home also features vinyl windows throughout for added efficiency and easy maintenance. The kitchen updates include new lower cabinets, new countertops & backsplash, and a newly added pantry that brings extra storage and function to the space. New dishwasher was added in 2026. Just off the dining room, a sliding glass door opens to the shaded backyard, creating an easy transition to outdoor living and entertainment. Downstairs, the basement adds even more usable space with durable epoxy flooring and plenty of flexibility for a family room, rec room, workout area, play space, or whatever best fits your needs. The updates are done, the space is ready—now it's your turn to make this house home!

841 14th Street SE, Owatonna

Listing courtesy of Edina Realty, Inc..

$249,900

3 Beds ⋅ 2 Baths ⋅ 7146360 MLS

Looking for a 3-bedroom, 2-bathroom home with a 2 plus car extended garage on the northeast side of Owatonna? This could be the one! This spacious home offers plenty of potential to add your personal updates and make it your own. Step inside to find a convenient mudroom area with room for coats and shoes, plus a sliding glass door leading to the backyard. The large, open kitchen features natural wood cabinets, plenty of space for a center island, and a window that brings in beautiful natural light. The spacious dining room offers flexibility to remain one large room or be divided into a living room and dining area. Two bedrooms are located on the main floor. Head upstairs to discover a huge family room or living room filled with natural sunlight, with access to a deck overlooking the flower garden. The lower level includes a flex area perfect for an office or workout space, along with the third bedroom. The lowest level offers abundant storage, an unfinished basement, and a mini kitchen that could be updated to create additional living space or a mother-in-law suite. With a new roof installed in 2022, this home is ready for your vision and finishing touches to bring out its full potential!

749 12th Street NE, Owatonna

Listing courtesy of Weichert, REALTORS- Heartland.

$239,999

5 Beds ⋅ 2 Baths ⋅ 7141077 MLS

This is truely a must see in person property, Priced to SEll !!! As soon as you walk in the fireplace to your right gives you a warm cozy feeling. This spacious home provides 5 bedrooms and 2 full bths. Harwood floors throughtout. Dinning room is spacious fits an extended table access and great for family gatherings. Large private fenced in Patio that gives you secured privacy All bedrooms convenitly are on one level. Updated bathroom upstairs. Come see this beautifull home in person you dont want to miss. So much home for a great price!!

533 E Academy Street, Owatonna

Listing courtesy of Real Broker, LLC.

$159,500

2 Beds ⋅ 2 Baths ⋅ 7142166 MLS

Opportunity awaits with this 1½-story home situated on a corner lot with mature trees, established flower beds, and plenty of room to make it your own. The main level offers a bright front sunroom, living room, dining room, versatile den or office, full bath, and a kitchen with a generously sized window bringing in natural light. Hardwood flooring can be found beneath portions of the existing carpet, offering additional potential as renovations are completed. Upstairs are two bedrooms along with additional flexible space and built-in storage. The basement includes an additional shower and space for storage or future improvements. Outside, a detached 2-car garage provides approximately 624 square feet, with additional paved parking alongside it. With updates needed throughout, this property offers a great opportunity to renovate at your own pace and make it your own.

250 W Holly Street, Owatonna

Listing courtesy of Re/Max Results.

$250,000

3 Beds ⋅ 2 Baths ⋅ 7138754 MLS

Check out this clean and spacious 3-bedroom, 2-bathroom home on Owatonna's south side! It is move-in ready and gives you quick access to Highway 14. The main level features three comfortable bedrooms, a full bath, and fresh updates including new kitchen and bathroom flooring, fresh paint, all main floor windows in 2023 , a newly installed backsplash in the kitchen. Downstairs you will find a fully sheet rocked basement featuring a second bathroom and is all set for you to finish and nearly double your living space.

2265 4th Avenue SE, Owatonna

Listing courtesy of Bridge Realty, LLC.

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Owatonna Homes under $250,000

Newest Owatonna Homes under $250,000

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