204 W Franklin Street, Morristown, MN 55052

$26,000
Property Type: Residential Bedrooms: 5 Baths: 1 Square Footage: 1,512 Lot Size (sq. ft.): 12,197 Status: Closed
Current Price: $26,000 List Date: 2/03/2026 Last Modified: 3/13/2026

Overview

Description

Opportunity awaits on this .29-acre lot. The existing 1900-built home is not habitable and is unsafe to enter; therefore, the property is being sold AS-IS for land value only. No interior access allowed. Priced accordingly at $26,000. Ideal for investors or builders seeking a future project. Buyer responsible for all due diligence regarding zoning, utilities, and redevelopment options.

Listing Details MLS# 7015645

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront YN
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Main Floor Total SqFt
901
Above Grd Total SqFt
1008
Below Grd Total SqFt
504
Total SqFt
1512
Total Finished Sqft
901.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
901
Lot Dimensions
80 x 155
Acres
0.28
Number of Fireplaces
0
Bath Three Quarters
0
Bath Half
0
Bath Quarter
0
Garage Stalls
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: None Basement: Partial; Unfinished Construction Status: Previously Owned Exterior: Other Financing Terms: Cash Foundation: Concrete Block; Stone Fuel: Other Heating: None Lock Box Type: None Parking Characteristics: Other Sellers Terms: Cash Sewer: City Sewer - In Street Stories: Two Water: City Water - In Street

Contract Information

Off Market Date
2026-02-10
Contingency
None
Closed Date
2026-03-13
Original List Price
26000
Sales Close Price
26000
ListPrice
26000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
204
Street Direction Prefix
W
Street Name
Franklin
Street Suffix
Street
Postal City
Morristown
County
Rice
State
MN
Zip Code
55052
Complex/Dev/Subdivision
Adams' & Allen's Add

Assessments

Assessment Balance
40
Tax With Assessments
1514
Assessment Installment
0

Building Information

Finished SqFt Above Ground
901

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SEMR
None
Yes

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Office/Member Info

Association
SEMR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
ADAMS & ALLENS L4 & L5 B23
Listing City
Morristown
Map Page
999
Municipality
Morristown
School District
Waterville-Elysian-Morristown
School District Phone
507-275-3115
Zip Plus 4
3604
Property ID Number
2022476069
Tax Year
2025
Tax Amount
1474
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Opportunity awaits on this .29-acre lot. The existing 1900-built home is not habitable and is unsafe to enter; therefore, the property is being sold AS-IS for land value only. No interior access allowed. Priced accordingly at $26,000. Ideal for investors or builders seeking a future project. Buyer responsible for all due diligence regarding zoning, utilities, and redevelopment options.
Directions
Traveling North on Division St S, Turn west on Franklin St. Home is on the south side of the road.

Accessible

None
Yes

Air Conditioning

None
Yes

Basement

Partial
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Other
Yes

Financing Terms

Cash
Yes

Foundation

Concrete Block
Yes
Stone
Yes

Fuel

Other
Yes

Heating

None
Yes

Insurance Fee

Insurance Fee
0

Parking Characteristics

Other
Yes

Sellers Terms

Cash
Yes

Sewer

City Sewer - In Street
Yes

Stories

Two
Yes

Water

City Water - In Street
Yes
IDX
Listing Office: Berkshire Hathaway HomeServices Advantage Real Estate
Last Updated: March - 13 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.