150 2nd Avenue SW, Elgin, MN 55932

$349,900
8
BD
4
BA
3,552
SqFt

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Sold Price
$349,900
List Price
$349,900
Closing Date
Aug 21, 2026
MLS#
7093939
Status
CLOSED
Type
Multifamily
Bedrooms
8
Bathrooms
4
Living Area
3,552
Acres
0.28
Subdivision
Millers Add
Year Built
1979

Property Description

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!

Additional Information

School District
Plainview-Elgin-Millville
Amenities Shared
Coin-op Laundry Owned, Deck
Tax Year
2026
Fuel
Natural Gas
Lot Description
Tree Coverage - Light
Sewer
City Sewer/Connected
Roof
Age 8 Years or Less
Heating
Baseboard, Boiler
Water
City Water/Connected
Basement
Block, Walkout
Parking
Gravel, Parking Lot

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Advantage Plus.

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