$3,545 Closing Credit¹
#6731416, Listing office: Coldwell Banker River Valley, REALTORS
$290,000 List price
123 Franklin Ave Owatonna, MN 55060
$3,444
Closing credit¹
3 beds
1 full
1,550 sqft
$187 / sqft
House
Property details
About 123 Franklin Ave
Nestled on Franklin Ave, this beautifully maintained 2-story stucco home offers the perfect blend of classic 1930s character and tasteful modern updates—all just a short walk from downtown Owatonna. Step inside to a warm and inviting main level featuring original hardwood floors, a spacious living and dining area and French doors leading to a cozy office/den. The highlight of the main floor is the stunning, fully updated kitchen—boasting floor-to-ceiling white cabinetry, stainless steel appliances, a cooktop and wall oven, center island with a sink, and sleek black granite countertops. You'll also find a full bath, a welcoming entryway, and a versatile sunroom/mudroom. Upstairs, you’ll discover three comfortable carpeted bedrooms, a tiled ¾ bath & two built-in hallway cabinets for extra storage. The unfinished basement provides even more storage space, a laundry area, and a convenient laundry chute! Step outside to enjoy the yard filled with perennial landscaping, a relaxing wood deck, and an aggregate patio—perfect for entertaining. The property also includes a two-stall detached garage, a storage shed, and a large concrete driveway. Updates: dishwasher 2025 & dryer 2023. Don’t miss your chance to own this charming home; call today to schedule your showing!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,550 sqft
BasementYes
Year built1936
ParkingDetached, Concrete
MLS #6739125
Garage2 spaces
Summary
- Full Bathrooms: 1
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Oven, Water Softener
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached, Concrete
- Heating: Forced Air
- Cooling: Central Air
- List Price: $290,000
- Price/SqFt: $187
- HOA Amount: $0
- Annual Tax Amount: $3,700
- Tax Year: 2024
- Lot: Many Trees
- Directions: W. Bridge St – South on Franklin Ave
- Year Built: 1936
- Living Area: 1,550 SqFt
- MLS Number: 6739125
- MLS Name: NORTHSTAR
- Office Name: Landmark Realtors, LLC
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$290,000
123 Franklin Ave
$3,444
closing credit¹
Sell your home with Rocket and save even more!
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 25, 2020 | Home Sold | $185,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $280,400 | $3,700 |
| 2023 | $256,300 | $3,668 |
| 2022 | $243,000 | $3,204 |
| 2021 | $194,824 | $2,570 |
| 2020 | $159,838 | $2,478 |
| 2019 | $149,450 | $2,284 |
| 2018 | $146,804 | $2,054 |
| 2017 | $134,456 | $1,928 |
History based on county public records data.
Nearby schools
4
Wilson Elementary School
Public District KG-5
0.4 mi
•325 Meadow Ln
6
Washington Elementary School
Public District KG-5
1.3 mi
•423 14th St NE
8
Lincoln Elementary School
Public District KG-5
1.5 mi
•747 Havana Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,183. Most Owatonna, MN residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
32%
<35k
53%
35k-100k
15%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
12%
Single, with Kids
29%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
37%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Figure Skating
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Stein Mart
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Arbys
What do the neighbors drive?
Chevrolet
Buick
GMC
What do the neighbors listen to?
Country
Oldies
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Owatonna, MN
Owatonna's transport infrastructure supports both private and public transit options, with a focus on convenience and accessibility. The city's layout and design promote walkability in several areas, and there are bike-friendly routes for cycling enthusiasts. Major roads and highways connect residents to neighboring cities and regions, facilitating easy commutes and travel. Public transportation schedules are designed to meet the needs of the community, ensuring that residents can move around the city efficiently.
The community is served by a robust educational system, with multiple public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare services are comprehensive, with a local hospital providing a range of care including emergency services. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining establishments reflect Owatonna's local culture, offering both familiar and unique experiences.
Owatonna prides itself on a rich historical heritage and a strong sense of community. The city is celebrated for its vibrant cultural scene, including annual festivals that highlight local traditions and bring residents together. The community's character is further defined by its well-maintained parks and public spaces, which serve as popular gathering spots and contribute to the city's welcoming atmosphere.
Owatonna's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from classic Victorian to more contemporary designs, reflecting the city's historical roots and modern growth. The market is balanced with a mix of older homes that exude character and newer constructions that offer modern amenities. While exact percentages of housing types are not specified, the variety caters to a range of preferences and needs.
About 123 Franklin Ave
The listing price of 123 Franklin Ave property is $290,000.
The property 123 Franklin Ave is a house located in Owatonna, Minnesota, 55060.
Active Listing: 123 Franklin Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 123 Franklin Ave are: Wilson Elementary School (GreatSchools Rating 4/10), Washington Elementary School (GreatSchools Rating 6/10), Lincoln Elementary School (GreatSchools Rating 8/10), Owatonna Middle School (GreatSchools Rating 5/10), Faribault Middle School (GreatSchools Rating 2/10), Waseca Junior High School (GreatSchools Rating 6/10), Choice Technical Academy (GreatSchools Rating 1/10), Owatonna Area Learning Center 9-12 (GreatSchools Rating 3/10), Owatonna High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $3,700 (source: MLS/based on county public records data).
The last sale was on August 25, 2020 for $185,000 (source: MLS/tax record).
The property at 123 Franklin Ave has 3 bedrooms and 2 bathrooms.
The property 123 Franklin Ave is 1,550 SqFt (source: MLS/tax record).
The year of construction for 123 Franklin Ave is 1936.
This home is located at 123 Franklin Ave in Owatonna, MN and zip code 55060. This 1,550 square foot home was built in 1936. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $290,000.
While more than 21 listings in Owatonna, MN in May 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 7 were sold below. In May 2025 in Owatonna, MN there were 3.4% more homes for sale than in April. While the average time on the market in May 2025 was 27 days, the median list price was $293,983.
From Rocket Homes Real Estate and based on county public records data.