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301 4th Avenue NE, Waseca, MN 56093

$110,000

Property Type: Multi-Family Bedrooms: 3 Baths: 2 Square Footage: 1,813 Lot Size (sq. ft.): 5,227 Status: Pending

Current Price: $110,000 List Date: 5/08/2026 Last Modified: 6/10/2026

Overview

Description

Calling all investors!! Here is a side by side duplex to add to your portfolio. One side has one bedroom/1 bathroom/living room and kitchen all on the main floor. Other side has kitchen/dining room and large living room on the main floor and both bedrooms/bathroom upstairs. Larger unit has a bonus attic space also. Live in one side and rent out the other!

Listing Details MLS# 7070164

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1878
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1084
Above Ground SqFt: 1327
Below Grd Total SqFt: 486
Total SqFt: 1813
Foundation Size: 486
Style: (MF) Duplex Side X Side
Total Finished Sqft: 1327.00
Lot Dimensions: 74x72
Acres: 0.12
Assessment Pending: Unknown
Garage Stalls: 0

Property Features

Accessible: None Amenities Shared: Common Laundry Facility Basement: Partial Construction Status: Previously Owned Exterior: Slate Fencing: Partial; Wood Foundation: Stone Fuel: Natural Gas Heating: Forced Air Laundry: In Basement Lock Box Type: None Owner Pays: Trash Collection; Water Rental License Type: Standard Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: One and One Half Tenant Pays: Electricity; Gas Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor 3/4 Bath Unit 1 Cooling: None Unit 1 Dining Room Description: Eat In Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: None Unit 2 Dining Room Description: Living/Dining Room Water: City Water/Connected

Contract Information

Off Market Date: 2026-06-09
Contingency: None
Original List Price: 119900
ListPrice: 110000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 301
Street Name: 4th
Street Suffix: Avenue
Street Direction Suffix: NE
Postal City: Waseca
County: Waseca
State: MN
Zip Code: 56093
Complex/Dev/Subdivision: Jenkins Add

Assessments

Tax With Assessments: 2114
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1327

More Information

Income and Expenses

Annual Gross Expenses: 1500
Annual Gross Income: 15000
Annual Insurance Expense: 1700
Annual Maintenance Expense: 1000
Annual Net Income: 13500
Annual Repair Expense: 1000
Annual Trash Expense: 450
Annual Water/Sewer Expense: 1000
Total Annual Expenses: 1500
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: Main Level
Unit Number: Yes
3/4 Baths: Yes
Annual Rent: 6000
Finished SqFt: 598
Monthly Expense: 250
Monthly Rent: 500
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 2

Furnished?: No
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 9750
Finished SqFt: 729
Full Baths: Yes
Monthly Expense: 300
Monthly Rent: 750
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 7

Unit Details

Total Units: 2

Office/Member Info

Association: SEMR

Location, Tax and Other Information

Legal Description: JENKINS ADDITION - S 72 1/2 FT OF LOT 1 BLK 16
Listing City: Waseca
Map Page: 999
Municipality: Waseca
School District: Waseca
School District Phone: 507-835-2500
Zip Plus 4: 2027
Property ID Number: 173760850
Tax Year: 2026
Tax Amount: 2114
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Calling all investors!! Here is a side by side duplex to add to your portfolio. One side has one bedroom/1 bathroom/living room and kitchen all on the main floor. Other side has kitchen/dining room and large living room on the main floor and both bedrooms/bathroom upstairs. Larger unit has a bonus attic space also. Live in one side and rent out the other!
Directions: Highway 14, north on 4th Avenue N.E.

Accessible

None: Yes

Amenities Shared

Common Laundry Facility: Yes

Basement

Partial: Yes

Construction Status

Previously Owned: Yes

Exterior

Slate: Yes

Fencing

Partial: Yes
Wood: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Laundry

In Basement: Yes

Lock Box Type

None: Yes

Owner Pays

Trash Collection: Yes
Water: Yes

Patio, Porch and Deck Features

Covered: Yes
Front Porch: Yes
Rear Porch: Yes

Rental License Type

Standard: Yes

Roof

Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Stories

One and One Half: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor 3/4 Bath: Yes

Unit 1 Cooling

None: Yes

Unit 1 Dining Room Description

Eat In Kitchen: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Bath Description

Upper Level Full Bath: Yes

Unit 2 Cooling

None: Yes

Unit 2 Dining Room Description

Living/Dining Room: Yes

Listing Office: eXp Realty

Last Updated: June - 10 - 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.