5 days on Rocket
$3,913 Closing Credit¹
#6722071, Listing office: Edina Realty, Inc.
$349,000 List price
406 Rum River Dr Princeton, MN 55371
$4,144
Closing credit¹
3 beds
1 full
2,968 sqft
$118 / 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 residential 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. The main level has kitchen two dining areas, living room, laundry, two baths and bedroom. 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
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 5 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Detached, Asphalt, Tandem
- Heating: Forced Air
- Cooling: Central Air
- List Price: $349,000
- Price/SqFt: $117
- HOA Amount: $0
- Directions: Hwy 169 to Rum River Drive Exit to home on East side of Rum River Drive.
- Year Built: 1920
- Living Area: 2,968 SqFt
- MLS Number: 6632747
- MLS Name: NORTHSTAR
- Office Name: Princeton Realty
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$349,000
406 Rum River Dr
$4,144
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. Residents of Princeton, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area 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
The listing price of 406 Rum River Dr property is $349,000.
The property 406 Rum River Dr is a house located in Princeton, Minnesota, 55371.
Active Listing: 406 Rum River Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 406 Rum River Dr are: Princeton North Elementary (GreatSchools Rating 5/10), Westwood Elementary School (GreatSchools Rating 7/10), Milaca Elementary School (GreatSchools Rating 6/10), Princeton Middle School (GreatSchools Rating 6/10), Zimmerman Middle School (GreatSchools Rating 6/10), St. Francis Middle School (GreatSchools Rating 2/10), Princeton High School (GreatSchools Rating 5/10), Princeton Online Mn (GreatSchools Rating 4/10), Princeton Area Learning Center (GreatSchools Rating 4/10).
The property at 406 Rum River Dr has 3 bedrooms and 4 bathrooms.
The property 406 Rum River Dr is 2,968 SqFt (source: MLS/tax record).
The year of construction for 406 Rum River Dr is 1920.
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: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $349,000.
While more than 5 listings in Princeton, MN in May 2025 were sold above asking price, there were more than 7 listings sold at asking price, and more than 6 were sold below. Between April and May 2025, Princeton, MN real estate market has seen increase in the number of listings by 23.5%. In May 2025 median list price was $345,000 and the average listing age was 37 days.
From Rocket Homes Real Estate and based on county public records data.