$629,500

1208 Elm Ave E Waseca, MN 56093

$7,475
Closing credit¹
3 beds
2 full
1,459 sqft
$431 / sqft
House

Property details

About 1208 Elm Ave E

3 bed home + 5 unit extended stay motel + 2.7 acres + lake views = ENDLESS POSSIBILITIES! Opportunity knocks! Welcome to Lodging at Lake Aire with incredible views of Clear Lake. Thriving business with month to month stays with many regular and seasonal clients. Motel has remodeled rooms and includes 3 efficiency, 2 one bedroom, on site laundry and private patios for each room…all nestled in a private tree lined setting. The charming main home features curved archways, stacked stone fireplace, updated kitchen & baths, hardwood floors, built in hutches and an oversized heated 2 car garage. Plenty of land to potentially add additional amenities or rentals & includes a 2nd curb cut off Elm Ave. Small investment = BIG rewards…let the business cover your mortgage. Located in the quaint small town of Waseca near numerous lakes, camping and bike paths. This property is meticulously maintained and ready for operation from day one! Call today for more information!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,459 sqft
BasementYes
Year built1946
ParkingDetached, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Parking Lot, Paved, RV Access/Parking
MLS #6562682
Garage2 spaces
WaterfrontLake
FireplaceGas, Living Room
ViewLake

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener
  • Basement: Yes
  • Fireplace: Gas, Living Room
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Parking Lot, Paved, RV Access/Parking
  • Waterfront: Lake
  • View: Lake
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $629,500
  • Price/SqFt: $431
  • HOA Amount: $0
  • Lot: Many Trees
  • Directions: Elm Ave E (Old US 14)....property between 13th St SE and 11th St SE
  • Year Built: 1946
  • Living Area: 1,459 SqFt
  • MLS Number: 6562682
  • MLS Name: NORTHSTAR
  • Office Name: Re/Max Advantage Plus

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1208 Elm Ave E, Waseca, MN 56093 - a file

$629,500

1208 Elm Ave E

$7,475

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 24, 2008
Home Sold
$84,600

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

4

Hartley Elementary School

Public District PK-3

0.7 mi

605 7th St NE

2

Team Academy

Public Charter KG-6

1.5 mi

220 17th Ave NE

3

Waterville Elementary School

Public District PK-4

10.4 mi

500 Paquin St E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $89,722. Typical income of Waseca, MN residents is between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

10%
<35k
51%
35k-100k
36%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
8%
Single, with Kids
42%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
16%
18-34 yrs old
47%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Old NavyOld Navy
  • Dick's Sporting GoodsDick's Sporting Goods
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • ArbysArbys
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • GMCGMC
  • LexusLexus
  • ChevroletChevrolet

What do the neighbors listen to?

  • New CountryNew Country
  • Adult HitsAdult Hits
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1208 Elm Ave E

The listing price of 1208 Elm Ave E property is $629,500.

The property 1208 Elm Ave E is a house located in Waseca, Minnesota, 56093.

Active Listing: 1208 Elm Ave E is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1208 Elm Ave E are: Hartley Elementary School (GreatSchools Rating 4/10), Team Academy (GreatSchools Rating 2/10), Waterville Elementary School (GreatSchools Rating 3/10), Waseca Junior High School (GreatSchools Rating 6/10), Waseca Intermediate School (GreatSchools Rating 5/10), Waterville - Elysian - Morristown Junior High School (GreatSchools Rating 6/10), Waseca Area Learning Center (GreatSchools Rating 1/10), Waseca Senior High School (GreatSchools Rating 5/10), Waterville High School (GreatSchools Rating 7/10).

The last sale was on October 24, 2008 for $84,600 (source: MLS/tax record).

The property at 1208 Elm Ave E has 3 bedrooms and 2 bathrooms.

The property 1208 Elm Ave E is 1,459 SqFt (source: MLS/tax record).

The year of construction for 1208 Elm Ave E is 1946.

This home is located at 1208 Elm Ave E in Waseca, MN and zip code 56093. This 1,459 square foot home was built in 1946. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 2, 2024 and is currently priced at $629,500.

While more than 5 listings in Waseca, MN in April 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 5 were sold below. Between March and April 2025, Waseca, MN real estate market has seen increase in the number of listings by 9.8%. The median list price of listings available in April 2025 was $226,130, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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