301 Elmwood Street East
Lanesboro, MN 55949
$195,000
Price
—
Beds
—
Baths
2,360 Sq. Ft.
$83 / Sq. Ft.
2,360
Sq. Ft.
$83
per Sq. Ft.
Description
Come take advantage of this income-producing Triplex in the heart of Lanesboro, MN! Sitting in a great
location in the center of historic Lanesboro, MN; this versatile triplex offers a fantastic opportunity
for both investors and owner-occupants! With two active rental units and an opening for another tenant; this property offers a possibility of $1650 of rental in come per month. Featuring four total spacious bedrooms and three total bathrooms, each dwelling is thoughtfully designed for comfort and...Come take advantage of this income-producing Triplex in the heart of Lanesboro, MN! Sitting in a great
location in the center of historic Lanesboro, MN; this versatile triplex offers a fantastic opportunity
for both investors and owner-occupants! With two active rental units and an opening for another tenant; this property offers a possibility of $1650 of rental in come per month. Featuring four total spacious bedrooms and three total bathrooms, each dwelling is thoughtfully designed for comfort and functionality. The large lot provides ample space for outdoor enjoyment, whether it's gardening, entertaining, or simply taking in the beauty of this charming town! Located just moments from downtown shops, dining, the Root
River State Trail, and cultural attractions, tenants and owners alike will appreciate the convenience and
vibrant community atmosphere. Whether your looking to expand your investment portfolio or find a home
with rental income, this property is a rare find in one of Minnesota's most sought-after small towns. Schedule a showing today!
location in the center of historic Lanesboro, MN; this versatile triplex offers a fantastic opportunity
for both investors and owner-occupants! With two active rental units and an opening for another tenant; this property offers a possibility of $1650 of rental in come per month. Featuring four total spacious bedrooms and three total bathrooms, each dwelling is thoughtfully designed for comfort and...Come take advantage of this income-producing Triplex in the heart of Lanesboro, MN! Sitting in a great
location in the center of historic Lanesboro, MN; this versatile triplex offers a fantastic opportunity
for both investors and owner-occupants! With two active rental units and an opening for another tenant; this property offers a possibility of $1650 of rental in come per month. Featuring four total spacious bedrooms and three total bathrooms, each dwelling is thoughtfully designed for comfort and functionality. The large lot provides ample space for outdoor enjoyment, whether it's gardening, entertaining, or simply taking in the beauty of this charming town! Located just moments from downtown shops, dining, the Root
River State Trail, and cultural attractions, tenants and owners alike will appreciate the convenience and
vibrant community atmosphere. Whether your looking to expand your investment portfolio or find a home
with rental income, this property is a rare find in one of Minnesota's most sought-after small towns. Schedule a showing today!
- Listed by Kris Lindahl Real Estate
Property Details for 301 Elmwood Street East
Subdivision Name
Lanesboro Original
LISTING UPDATED: 03/10/2025 05:29 PM
Property Details for 301 Elmwood Street East
| Status | Active |
|---|---|
| MLS # | 6658278 |
| Days on Compass | 15 |
| Taxes | $2,182 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Triplex |
| Year Built | 1890 |
| Lot Size | 0.32 AC / 13,939 SF |
| County | Fillmore County |
Building Information for 301 Elmwood Street East
Stories-Residences3Year Built1890Building Size-Lot Size0.32 AC / 13,939 SF
Property Information for 301 Elmwood Street East
Summary
Location and General Information
- City Name: Lanesboro
- County Or Parish: Fillmore
- County: Fillmore-MN
- Directions: Highway 52 South to County Road 8, home is on your Right
- Latitude: 43.720657
- Longitude: -91.973818
- Map Coordinate: 999-A1
- Map Coordinate Source: King's Street Atlas
- City and Location: Lanesboro
- City and Location Text: Lanesboro(MN)
- Postal Code: 55949
- State Or Province: MN
Taxes and HOA Information
- Additional Parcels: No
- Parcel Number: 190232000
- Tax Annual Amount: $2,182.00
- Tax Legal Description: LANESBORO ORIGINAL PLAT LOT-5-6 BLOCK-021 LOTS 5-6 BLK 21
- Tax Other Annual Assessment Amount: $.00
- Tax Year: 2024
- Tax With Assessments: 2182.0000
School Information
- High School District: 229 - Lanesboro
- School District Number: 229
- School District Phone: 507-467-2229
Property
Lot Information
- Above Grade Fin SQFT: 1512.0
- Below Grade Fin SQFT: 848.0
- SQFT Total: 2360.0
- Lot Features: Corner Lot
- Lot Size Area: 0.32
- Lot Size Dimensions: 140x100
- Lot Size Units: Acres
- Present Use: Yearly
- Property Sub Type: Triplex
- Property Type: Residential Income
- SQFT Main Total: 1008.0000
- Building Area Total: 2520.0
- Above Grade SqFt Total: 1512.0000
- Below Grade SqFt Total: 1008.0000
Property and Assessments
- Age Of Property: 135
Utilities
- Sewer: City Sewer/Connected
- Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
- Accessibility Features: None
- Foundation Area: 1008.0
- Fuel: Natural Gas
- Road Frontage Type: City Street
- Road Responsibility: Public Maintained Road
Interior Features
- Basement Type: Block
- DP Resource: Y
- Heating: Forced Air
- Levels: Two
- Number of Refrigerator: Three
- Basement YN: Yes
Multi Family
Unit 1
- Unit Appl: Dryer
- Unit Bath 3Qtr: 0
- Unit Bath Full: 1
- Unit Bath Half: 0
- Unit Bath Qtr: 0
- Unit Monthly Expenses: 0.00
- Unit Rooms Total: 3
- Unit SqFt: 848
- Unit Type Actual Rent: $500.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 1
- Unit Type Units Total: 1
- Bedroom 1 Room Dimensions: 14x11
- Bedroom 1 Room Level: Basement
- Bedroom 2 Room Dimensions: 14x8
- Bedroom 2 Room Level: Lower
- Bedroom 3 Room Dimensions: 15x15
- Bedroom 3 Room Level: Lower
- Unit Level: Below Ground
- Unit Type Total Rent: 6000
Unit 2
- Unit Appl: Microwave,Range
- Unit Bath 3Qtr: 0
- Unit Bath Full: 1
- Unit Bath Half: 0
- Unit Bath Qtr: 0
- Unit Monthly Expenses: 0.00
- Unit Fireplace Num: 0
- Unit Rooms Total: 4
- Unit SqFt: 1008
- Unit Type Actual Rent: $650.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Type Units Total: 1
- Bedroom 1 Room Dimensions: 17x16
- Bedroom 1 Room Level: Main (Ground)
- Bedroom 2 Room Dimensions: 14x9
- Bedroom 2 Room Level: Main (Ground)
- Bedroom 3 Room Dimensions: 12x10
- Bedroom 3 Room Level: Main (Ground)
- Bedroom 4 Room Dimensions: 12x10
- Bedroom 4 Room Level: Main (Ground)
- Unit Level: Main Level
- Unit Type Total Rent: 7800
Unit 3
- Unit Appl: Microwave,Range
- Unit Bath 3Qtr: 0
- Unit Bath Full: 1
- Unit Bath Half: 0
- Unit Bath Qtr: 0
- Unit Monthly Expenses: 0.00
- Unit Fireplace Num: 0
- Unit Rooms Total: 3
- Unit SqFt: 504
- Unit Type Actual Rent: $500.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 1
- Unit Type Units Total: 1
- Bedroom 1 Room Dimensions: 17x13
- Bedroom 1 Room Level: Upper
- Bedroom 2 Room Dimensions: 14x8
- Bedroom 2 Room Level: Upper
- Bedroom 3 Room Dimensions: 13x8
- Bedroom 3 Room Level: Upper
- Unit Level: 2nd Level
- Unit Type Total Rent: 6000
Property History for 301 Elmwood Street East
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 301 Elmwood Street East
Taxable ValueLand$35,000Additions$116,800Total$151,800
Tax Record2024$2,182 ($182 / month)
Home Facts
Beds2Total Finished SqFt1,324 SqFtAbove Grade Finished SqFt1,324 SqFtStyleSingle Family ResidenceYear Built1890Year Renovated1940CountyFILLMOREAPN19.0232.000
Schools near 301 Elmwood Street East
This home is within Lanesboro Public School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 12 | |||
| Private - | 1 to 8 |
Rating | School | Distance |
|---|---|---|
Lanesboro Elementary School PublicPK to 6 | ||
Lanesboro Secondary Public7 to 12 | ||
Crab Essie School Private1 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Kris Lindahl Real Estate
Properties displayed may be listed or sold by various participants in the MLS.Based on information submitted to the MLS GRID as of 03/22/2025 04:06 AMAll data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.
