$195,000

301 Elmwood St E Lanesboro, MN 55949

$2,316
Closing credit¹
2,360 sqft
$83 / sqft
Multi-Family

Property details

About 301 Elmwood St E

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!

Highlights

Home typeTriplex
HeatingForced Air
StatusActive
Size2,360 sqft
BasementYes
Year built1890
MLS #6658278

Summary

  • MLS Number: 6658278
  • MLS Name: NORTHSTAR
  • Office Name: Kris Lindahl Real Estate

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Last updated on: 4/18/2025, 12:52:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

exterior space featuring stone siding

$195,000

301 Elmwood St E

$2,316

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 31, 2021
Home Sold
$95,000

Tax history

YearAssessmentProperty Tax
2024$151,800$2,182
2023$151,800$2,466
2022$151,600$2,466
2021$115,800$1,960
2020$115,800$1,680
2019$95,900$1,680
2018$95,900$1,319
2017$91,900$1,319

History based on county public records data.

Nearby schools

4

Lanesboro Elementary School

Public District PK-6

0.3 mi

100 Kirkwood St E

6

Fillmore Central Elementary School

Public District PK-6

6.6 mi

702 Chatfield St NW

5

Chatfield Elementary School

Public District PK-6

12.9 mi

11555 Hillside Dr SE

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 $34,302. The most common annual income of people living in Lanesboro, MN is less than $<35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

51%
<35k
41%
35k-100k
8%
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?

45%
Single, No Kids
8%
Single, with Kids
33%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
15%
18-34 yrs old
43%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Figure SkatingFigure Skating
  • HuntingHunting

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • GMCGMC
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

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

This home is located at 301 Elmwood St E in Lanesboro, MN and zip code 55949. This 2,360 square foot home was built in 1890. Features: 0 bathroom. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $195,000.

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

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