1 day on Rocket
$4,370 Closing Credit¹
#6684920, Listing Office: Our Area Homes
$379,900 List price
406 Rum River Dr Princeton, MN 55371
$4,511
Closing credit¹
2 beds
1 full
2,968 sqft
$128 / sqft
House
Property details
About 406 Rum River Dr
Unique opportunity!!! Right in the heart of downtown Princeton. This property is zoned commercial/business or could be used as multigenerational as it is currently grandfathered in as residential with a mother -in law addition. The opportunities are endless! There are two-bedroom suites with a bath in each one and entertainment area on the upper level totally separate from each other. The main level has kitchen two dining areas, two living rooms, laundry, two baths, den/bedroom with closet outside of the room. Large four car tandem attached garage. If you should need more space the addition has a full basement with an egress window. Wrap around deck and the yard is well manicured and landscaped with beautiful plants. There is a private patio area, and a detached single car garage and storage shed in the back yard.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,968 sqft
BasementYes
Year built1920
ParkingAttached Garage, Detached, Asphalt, Tandem
MLS #6632747
Attached garage5 spaces
Summary
- MLS Number: 6632747
- MLS Name: NORTHSTAR
- Office Name: Princeton Realty
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$379,900
406 Rum River Dr
$4,511
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Princeton North Elementary
Public District 3-5
1.4 mi
•1202 7th Ave N
7
Westwood Elementary School
Public District 3-5
8.8 mi
•13651 4th Ave S
6
Milaca Elementary School
Public District PK-6
13.4 mi
•500 Highway 23 W
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 $39,850. The most common annual income of people living in Princeton, MN is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
44%
<35k
45%
35k-100k
9%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
49%
Single, No Kids
11%
Single, with Kids
25%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
20%
18-34 yrs old
33%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Extreme Sports
Pro Wrestling
Where do the neighbors shop?
Kmart
Stein Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Dominos Pizza
What do the neighbors drive?
Buick
Chevrolet
Ford
What do the neighbors listen to?
Oldies
Adult Standards
Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 406 Rum River Dr
This home is located at 406 Rum River Dr in Princeton, MN and zip code 55371. This 2,968 square foot home was built in 1920. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $379,900.
Over 4 listings were sold over their listed price in February 2025 in Princeton, MN. In the same period over 3 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Princeton, MN between January and February 2025 increased by 3.6%. In February 2025 median list price was $345,000 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.