Owatonna Homes under $750,000

Welcome to Owatonna, Minnesota – a charming city nestled in Steele County that beautifully blends small-town warmth with modern conveniences. Known for its rich history and vibrant community spirit, Owatonna offers residents a unique lifestyle characterized by friendly neighborhoods and a plethora of recreational opportunities. With its picturesque parks, scenic trails, and a bustling downtown area, Owatonna is the perfect place for families, retirees, and everyone in between.

For those seeking a new home in this delightful city, you’ll find a variety of options under $750,000 that cater to diverse tastes and needs. From cozy bungalows to spacious family homes, Owatonna’s real estate market is brimming with opportunities for buyers at every stage of life. Many of these homes feature beautiful architectural details, modern amenities, and generous outdoor spaces, making them ideal for entertaining or simply enjoying the tranquility of your own backyard.

Living in Owatonna means being part of a vibrant community that values education, culture, and outdoor activities. The city is home to excellent schools, engaging community events, and a rich array of local shops and restaurants that showcase the best of Minnesota’s hospitality. Whether you’re strolling through the historic downtown, exploring the stunning parks, or participating in local festivals, there’s always something to do in Owatonna.

If you're looking to make Owatonna your home, you’ll be delighted by the variety of affordable options available. Discover the charm and warmth of this wonderful city, where your dream home awaits under $750,000!

Newest Owatonna Homes under $750,000

$189,500

3 Beds ⋅ 1 Baths ⋅ 7163206 MLS

NEED GARAGE SPACE? This well maintained 3 bedroom home offers a 2 stall garage PLUS an additional 1 stall garage, along with a large concrete driveway providing plenty of extra parking! Inside, you'll find a bright and inviting living room featuring large windows, natural woodwork and an attractive tongue and groove wood ceiling. The spacious kitchen offers abundant oak cabinetry, generous counter space and updated flooring. A main floor bedroom, updated full bath and convenient laundry/mudroom provide everyday convenience, while two additional bedrooms are located upstairs. Outside, enjoy the welcoming covered front porch, spacious deck and nice sized yard. Additional highlights include metal siding, central air and a NEW ROOF IN 2025! Walk to Morehouse Park and enjoy nearby access to miles of city trails! Conveniently located with easy access to I-35, shopping and restaurants. A great combination of space, convenience and value!

423 Walnut Avenue S, Owatonna

Listing courtesy of Re/Max Advantage Plus.

$182,000

3 Beds ⋅ 2 Baths ⋅ 7163654 MLS

Step inside and discover the unexpected! A three-season porch and an open front porch offer inviting spaces for morning coffee or evening relaxation. The open-concept kitchen and dining area features a long, raised breakfast bar for casual dining and entertaining. A generously sized living room sits just off the dining area, along with a flexible main-floor room offering options for a bedroom, home office, or additional living space. Main-floor laundry and a convenient half bath add everyday functionality. Upstairs are two bedrooms and a full bathroom. The large backyard offers room for gardening, landscaping, and outdoor enjoyment. A two-car garage with alley access includes a walk-up attic for additional storage. With versatile spaces throughout, this home offers plenty of opportunities to add your personal touch!

222 Phelps Street, Owatonna

Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate.

$600,000

4 Beds ⋅ 2 Baths ⋅ 7163588 MLS

Discover a property that truly offers the best of both worlds! Enjoy the space, privacy, and peaceful feel of country living while being just seconds from the conveniences and amenities of Owatonna. Set on an impressive 9.86 acres, this unique property offers room to spread out, explore, and create a lifestyle all your own. With a charming granary, a machine shed for your storage needs, and a detached three-stall garage, this property offers character, versatility, and plenty of space for hobbies, projects, equipment, and more. Adding to its appeal, a portion of the acreage is enrolled in the Conservation Reserve Program (CRP), providing an income-generating opportunity while you enjoy the benefits of owning your own piece of land. Inside, you'll find four bedrooms, two bathrooms, and over 2,000 square feet of living space, offering plenty of room to spread out and make yourself at home. Whether you're dreaming of peaceful mornings outdoors, space for your hobbies, room to enjoy the country lifestyle, or simply a property with character and possibilities, this one is worth a closer look.

3074 St. Paul Road, Owatonna

Listing courtesy of eXp Realty.

$299,900

3 Beds ⋅ 2 Baths ⋅ 7163140 MLS

Stylish Updates, Flexible Living & a 3 season porch to Enjoy! This well cared for 3 bed, 2 bath split-level home combines eye catching finishes with a layout that works for everyday. The living room makes a statement with an electric fireplace, modern slat wall, floating mantle, and media center. In the kitchen, hard-surface countertops, a waterfall island, undercabinet lighting, and stainless steel appliances bring style and function together. The porch offers a relaxing spot to enjoy the view of the backyard, with direct access to the deck for outdoor enjoyment. The primary bedroom is located on the main level, while the lower level features two additional bedrooms and a family room with flexibility for movie nights, hobbies, or a home office. Outside, tiered landscaping adds character to the backyard, and a storage shed provides extra space for outdoor gear. If you're looking for a home with thoughtful details, comfortable living spaces, and room to make it your own, this one is worth a look!

841 Mosher Avenue, Owatonna

Listing courtesy of RE/MAX Venture.

$162,000

2 Beds ⋅ 1 Baths ⋅ 7162565 MLS

Adorable Starter Home with Updates and Outdoor Charm! Why rent when you could own your own home? This adorable 2-bedroom, 1-bath home is the perfect opportunity for first-time buyers or anyone looking for a low-maintenance place to call their own! Both bedrooms are generously sized, offering plenty of room to relax and unwind. Enjoy peace of mind with several important updates, including windows updated in 2006, a new furnace in 2022, a new cabinet and shower surround in 2025, updated walls and carpet in the upstairs bedroom in 2025, and a new water heater in 2026. Looking for a little outdoor enjoyment without spending all your time mowing? This home has minimal lawn to maintain, plus a beautiful, fenced-in private outdoor area perfect for grilling, container or raised-bed gardening, or gathering around a cozy fire pit. Need extra storage? You'll love the numerous outdoor sheds that provide plenty of space for tools, equipment, hobbies, and more! Inside, you'll also find a bonus space in the hallway with endless possibilities. Make it a convenient home office, a small hobby area, or explore the option of bringing laundry up to the main floor. Affordable, adorable, and full of possibilities! Stop renting and start building equity in a home of your own. This charming starter home is ready for its next owner to make it their own!

124 W Fremont Street, Owatonna

Listing courtesy of ERA Gillespie Real Estate.

$205,000

3 Beds ⋅ 1 Baths ⋅ 7156679 MLS

Welcome to 1147 S Grove Ave in Owatonna! This charming story-and-a-half home offers a comfortable and functional layout with inviting living spaces and plenty of versatility. The home features a spacious main-level living area, a practical kitchen, and a convenient layout that offers flexibility for a variety of lifestyles. A standout feature is the bonus room located off the garage. Heated and air conditioned, this versatile space can be enjoyed year-round as a home office, hobby room, workout space, playroom, or additional gathering area. Additional storage is available in the detached shed, providing a convenient place for tools, lawn equipment, bikes, and seasonal items. Come see the possibilities!

1147 S Grove Avenue, Owatonna

Listing courtesy of Edina Realty, Inc..

$500,000

3 Beds ⋅ 3 Baths ⋅ 7162107 MLS

Discover the charm of country living with this wonderful property situated on 3.33 acres! Featuring a spacious 3-bedroom, 3-bathroom home, this property offers plenty of room to spread out and enjoy the peaceful surroundings. Recent updates include new siding and new windows, adding fresh appeal to the home. With its generous acreage and inviting country setting, this property offers a great opportunity to enjoy space, privacy, and the best of rural living. A huge shed 60x80 is also right in your backyard so you have plenty of space for vehicles, hobbies, or equipment. Don’t miss your chance to make this country property your own!

4205 SW 28th Street, Owatonna

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

$600,000

5 Beds ⋅ 3 Baths ⋅ 7160492 MLS

Make This Home Yours! This beautiful home offers comfort, style, and functionality in every detail. The custom-built kitchen features soft-close drawers and doors, stainless steel appliances, a large center island, and plenty of storage space. Relax by the gorgeous fireplace in the spacious living room, perfect for cozy evenings at home. The primary bathroom boasts a stunning walk-in tiled shower for a luxurious spa-like experience. The lower level offers a large family room with a fireplace, two additional bedrooms, and a full bathroom. There’s also flexible space for a craft room, exercise area, or whatever fits your lifestyle—plus plenty of extra storage throughout. With its open, bright floor plan and thoughtful design, this home is ready to welcome you. Schedule your showing today! This Builder has 2-additional new construction to-be-built homes in the neighborhood priced from $560-$600 either walk-out or full basements. Call with questions!

1239 Bellflower Lane, Owatonna

Listing courtesy of Edina Realty, Inc..

$355,900

3 Beds ⋅ 2 Baths ⋅ 7158446 MLS

Welcome to this beautifully cared-for 3-bedroom, 2-bath rambler in a highly desirable Owatonna neighborhood and sought-after Lincoln School District! Situated on a spacious corner lot, this super-clean home features an open floor plan, vaulted ceilings, and a bright, inviting main level with a primary bedroom. The lower level offers a large family room with sunny lookout windows, an additional bedroom, and plenty of space to relax or entertain. A triple garage provides incredible room for vehicles, storage, or hobbies. Enjoy the backyard complete with apple trees! Great location, great neighborhood, and a home that has been lovingly maintained and is truly move-in ready! Price adjustment! And exceptional opportunity to make it this beautiful property your own now offered at an improved price.

1210 Jadden Lane SE, Owatonna

Listing courtesy of EXIT Realty Springside.

$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.

$354,900

3 Beds ⋅ 2 Baths ⋅ 7149774 MLS

Welcome to this beautifully renovated ranch-style home offering comfortable living spaces, thoughtful updates, and a functional layout! The main level has been completely renovated, showcasing an updated kitchen and an updated bathroom featuring a custom walk-in shower. Two bedrooms and convenient main-floor laundry complete the main level, making everyday living easy and efficient. The finished lower level provides additional living space with a spacious family room, a third bedroom with a walk-in closet, and a full bathroom, ideal for guests or additional living needs. You'll also appreciate the abundance of storage space throughout the home. Step outside to enjoy the deck overlooking the fenced-in backyard, offering a great space for relaxing, entertaining, or enjoying time outdoors. A two-car garage provides added convenience and storage for vehicles and outdoor equipment. Conveniently located near schools and the local waterpark, with easy access to I-35 for commuting and travel. With extensive main-level updates, additional finished living space, and a convenient location, this home is ready for its next owner to enjoy!

910 Lee Street NE, Owatonna

Listing courtesy of RE/MAX Venture.

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Owatonna Homes under $750,000

Newest Owatonna Homes under $750,000

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