$40,000

202 1st St NE Wadena, MN 56482

$475
Closing credit¹
2 beds
1 full
1,596 sqft
$25 / sqft
House

Property details

About 202 1st St NE

FIXER UPPEER ..This is a fantastic opportunity for those looking to purchase a property with great potential at a competitive price. Whether you're an investor seeking a high-return project, a buyer planning to add value through renovations, or someone looking for an affordable home with room for improvements, this property offers endless possibilities. Offered as-is, with no repairs or contingencies, it’s ideal for cash buyers only, and a quick closing is preferred. All reasonable offers will be considered, but the buyer must conduct their own independent due diligence, evaluations, and inspections before submitting an offer. For more information or to schedule a showing/walkthrough, please call or text 908-451-2752. Please do not show up to the property without an appointment. Opportunities like this don’t last—act now!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,596 sqft
BasementYes
Year built1905
ParkingOpen
MLS #6705474

Summary

  • MLS Number: 6705474
  • MLS Name: NORTHSTAR
  • Office Name: The Gores Company

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Last updated on: 4/20/2025, 3:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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back of house with a yard and a shingled roof

$40,000

202 1st St NE

$475

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$104,800$1,172
2023$88,100$1,156
2022$78,900$898
2021$44,600$896
2020$48,500$838
2019$45,700$806
2018$42,300$640

History based on county public records data.

Nearby schools

5

Wadena-Deer Creek Elementary School

Public District PK-4

0.5 mi

215 Colfax Ave SW

3

Verndale Elementary School

Public District PK-6

6.4 mi

411 SW Brown St

6

Bertha-Hewitt Elementary School

Public District PK-6

12.8 mi

310 Central Ave S

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 $23,000. Residents of Wadena, MN typically earn less than $<35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

66%
<35k
33%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
9%
Single, with Kids
21%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
4%
12-17 yrs old
20%
18-34 yrs old
30%
35-64 yrs old
36%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Monster TrucksMonster Trucks
  • NASCARNASCAR

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • DodgeDodge
  • ChevroletChevrolet
  • GMCGMC

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 202 1st St NE

This home is located at 202 1st St NE in Wadena, MN and zip code 56482. This 1,596 square foot home was built in 1905. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $40,000.

In March 2025, from all listings sold in Wadena, MN there were more than 0 sold above asking price, over 4 sold below and more than 2 were sold right at the asked price. Between February and March 2025, Wadena, MN real estate market has seen increase in the number of listings by 12%. The median list price of listings available in March 2025 was $175,000, while the average time on the real estate market was 58 days.

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

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