Tour
#6752434, Listing office: eXp Realty
$115,000 List price
706 5th St SW Pine Island, MN 55963
2 beds
1 full
1,948 sqft
$59 / sqft
House
Property details
About 706 5th St SW
This property sits on a beautiful ½-acre lot just in the outskirts of Pine Island. The home is in significant disrepair and will require extensive renovation—but with the right vision, it could be transformed or torn down to make way for your dream home. Whether you're an investor looking for your next project or a buyer ready to build new, this is your chance to own a prime piece of land in a great location. This home is also in city limits and can be annexed into city water and sewer. Cash offers only. Sold as-is.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,948 sqft
Year built1916
ParkingDriveway - Other Surface
MLS #6754437
Summary
- Full Bathrooms: 1
- Appliances: None
- Basement: No
- Total Bedroom Count: 2
- Parking: Driveway - Other Surface
- Heating: Forced Air
- Cooling: None
- List Price: $115,000
- Price/SqFt: $59
- HOA Amount: $0
- Annual Tax Amount: $1,760
- Tax Year: 2023
- Lot: Many Trees
- Directions: South on Main St to 5th St head west home is on the right hand side.
- Year Built: 1916
- Living Area: 1,948 SqFt
- MLS Number: 6754437
- MLS Name: NORTHSTAR
- Office Name: Edina Realty, Inc.
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Last updated on: 8/1/2025, 4:52:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $122,300 | $- |
| 2023 | $119,600 | $1,760 |
| 2022 | $104,600 | $1,744 |
| 2021 | $92,900 | $1,456 |
| 2020 | $82,400 | $1,414 |
| 2018 | $79,200 | $1,414 |
| 2017 | $74,000 | $1,340 |
History based on county public records data.
Nearby schools
7
Pine Island Elementary School
Public District PK-4
2.6 mi
•8749 County Road 5 NW
8
Zumbrota-Mazeppa Elementary School
Public District 3-6
7.8 mi
•343 3rd Ave NE
5
Kenyon-Wanamingo Elementary School
Public District PK-4
9.7 mi
•225 3rd Ave
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 $41,217. Residents of Pine Island, MN typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
45%
<35k
43%
35k-100k
11%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
13%
Single, with Kids
30%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
38%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Hunting
Pro Wrestling
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Dick's Sporting Goods
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Texas Roadhouse
What do the neighbors drive?
Chevrolet
Ram
Dodge
What do the neighbors listen to?
New Country
Classic Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 706 5th St SW
The listing price of 706 5th St SW property is $115,000.
The property 706 5th St SW is a house located in Pine Island, Minnesota, 55963.
Active Listing: 706 5th St SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 706 5th St SW are: Pine Island Elementary School (GreatSchools Rating 7/10), Zumbrota-Mazeppa Elementary School (GreatSchools Rating 8/10), Kenyon-Wanamingo Elementary School (GreatSchools Rating 5/10), Pine Island Middle School (GreatSchools Rating 6/10), Zumbrota-Mazeppa Middle School (GreatSchools Rating 3/10), Byron Middle School (GreatSchools Rating 7/10), Pine Island Secondary School (GreatSchools Rating 7/10), Zumbrota-Mazeppa Senior High School (GreatSchools Rating 6/10), Byron Senior High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $1,760 (source: MLS/based on county public records data).
The property at 706 5th St SW has 2 bedrooms and 1 bathroom.
The property 706 5th St SW is 1,948 SqFt (source: MLS/tax record).
The year of construction for 706 5th St SW is 1916.
This home is located at 706 5th St SW in Pine Island, MN and zip code 55963. This 1,948 square foot home was built in 1916. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 1, 2025 and is currently priced at $115,000.
Pine Island, MN housing market in July 2025 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. Between June and July 2025, Pine Island, MN real estate market has seen decrease in the number of listings by 3.6%. While the average time on the market in July 2025 was 66 days, the median list price was $326,250.
From Rocket Homes Real Estate and based on county public records data.