406 Rum River Dr Princeton, MN 55371
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. See supplements for zoning information.
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener
- Basement: Yes
- Total Bedroom Count: 2
- Garage Space: 5 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Detached, Asphalt, Tandem
- Heating: Forced Air
- Cooling: Central Air
- List Price: $359,900
- Price/SqFt: $121
- 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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$359,900
406 Rum River Dr
$4,274
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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. Typical income of Princeton, MN residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
Frequently asked questions
About 406 Rum River Dr
The listing price of 406 Rum River Dr property is $359,900.
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 2 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: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $359,900.
In April 2025 more than 3 listings in Princeton, MN were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 6 were sold below. The number of listings in Princeton, MN increased by 13.1% between March and April 2025. The median list price of listings available in April 2025 was $349,950, while the average time on the real estate market was 40 days.