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305 6th Street NW, Adams, MN 55909

New Listing

$50,000

Property Type: Multi-Family Bedrooms: 6 Baths: 3 Square Footage: 2,308 Lot Size (sq. ft.): 117,612 Status: Active

Current Price: $50,000 List Date: 7/21/2026 Last Modified: 7/22/2026

Overview

Description

CASH ONLY. Investor opportunity—priced well below market value! This side-by-side, single-level duplex offers tremendous upside potential for the right buyer. Situated on 2.7 acres, the property features two spacious units: one with 3 bedrooms and 2 bathrooms and the other with 3 bedrooms and 1 bathroom. The property sustained flood damage on July 8, 2026, and will require repairs and rehabilitation. Buyers ready to roll up their sleeves will appreciate the opportunity to restore this property and capitalize on its future income-producing potential. The property's unique architecture adds to its character and style, setting it apart from traditional investment properties.

Listing Details MLS# 7113142

General Property Information

# Carport Spaces: 2
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1983
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 2308
Above Ground SqFt: 2308
Total SqFt: 2308
Foundation Size: 2308
Style: (MF) Duplex Side X Side
Total Finished Sqft: 1236.00
Garage Stalls: Yes
Lot Dimensions: 2.7 ACRES
Acres: 2.7
Assessment Pending: No
Below Grd Total SqFt: 0

Property Features

Accessible: No Stairs Internal Basement: None Construction Status: Previously Owned Electric: 100 Amp Service Exterior: Metal; Wood Foundation: Slab Fuel: Natural Gas Heating: Forced Air Laundry: Electric Dryer Hookup; Washer Hookup Lock Box Type: Combo Owner Pays: Sewer; Trash Collection; Water Parking Characteristics: Carport Road Frontage: City Street; Curbs; Paved Streets Road Responsibility: Public Maintained Road Roof: Metal; Rubber Sellers Terms: Cash Sewer: City Sewer/Connected Stories: One Tenant Pays: Electricity Topography: Flood Plain Unit 1 Amenities: Open Floor Plan; Walk-In Closet; Primary Bedroom Walk-in Closet; Tile Floors; Vaulted Ceiling(s); Washer/Dryer Hookup Unit 1 Bath Description: 3/4 Primary; Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Living/Dining Room Unit 1 Special Search: Main Floor Bedroom; 3 BR on One Level; Main Floor Laundry Unit 2 Amenities: Patio; Skylight; Tile Floors; Washer/Dryer Hookup Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: None Unit 2 Dining Room Description: Kitchen/Dining Room Unit 2 Special Search: Main Floor Bedroom Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 50000
ListPrice: 50000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 305
Street Name: 6th
Street Suffix: Street
Street Direction Suffix: NW
Postal City: Adams
County: Mower
State: MN
Zip Code: 55909

Assessments

Tax With Assessments: 4280
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1236

More Information

Income and Expenses

Annual Gross Expenses: 10800
Annual Gross Income: 17100
Annual Insurance Expense: 2104
Annual Maintenance Expense: 3209
Annual Repair Expense: 1509
Annual Water/Sewer Expense: 1968
Total Annual Expenses: 10800
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Trash Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 16X20
Garage Square Feet: 320
Carport: Yes

Unit 1

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: Yes
3/4 Baths: Yes
Annual Rent: 8700
Finished SqFt: 1236
Full Baths: Yes
Monthly Expense: 388
Monthly Rent: 725
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 9

Unit 2

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: 2
Annual Rent: 8400
Full Baths: Yes
Monthly Expense: 388
Monthly Rent: 700
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 6

Unit Details

Total Units: 2

Office/Member Info

Association: SEMR

Location, Tax and Other Information

Legal Description: VIL 11 101 16 SubdivisionCd 21009 2.7 AC SW1/4 NE1/4 NW1/4, SW & S OF SUBD
Listing City: Adams
Map Page: 999
Municipality: Adams
School District: Southland
School District Phone: 507-582-3283
Property ID Number: 210090060
Tax Year: 2026
Tax Amount: 4280
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: CASH ONLY. Investor opportunity—priced well below market value! This side-by-side, single-level duplex offers tremendous upside potential for the right buyer. Situated on 2.7 acres, the property features two spacious units: one with 3 bedrooms and 2 bathrooms and the other with 3 bedrooms and 1 bathroom. The property sustained flood damage on July 8, 2026, and will require repairs and rehabilitation. Buyers ready to roll up their sleeves will appreciate the opportunity to restore this property and capitalize on its future income-producing potential. The property's unique architecture adds to its character and style, setting it apart from traditional investment properties.
Directions: From Highway 56 turn onto 5th St NW, then left onto Lewison St. Lewison will become 6th St NW, house will be right on the curve.

Accessible

No Stairs Internal: Yes

Basement

None: Yes

Construction Status

Previously Owned: Yes

Electric

100 Amp Service: Yes

Exterior

Metal: Yes
Wood: Yes

Foundation

Slab: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Laundry

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Lock Box Type

Combo: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes
Water: Yes

Patio, Porch and Deck Features

Patio: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Metal: Yes
Rubber: Yes

Sellers Terms

Cash: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Topography

Flood Plain: Yes

Water

City Water/Connected: Yes

No. of Ranges

None: Yes

No. of Refrigerators

None: Yes

Tenant Pays

Electricity: Yes

Unit 1 Amenities

Open Floor Plan: Yes
Walk-In Closet: Yes
Primary Bedroom Walk-in Closet: Yes
Tile Floors: Yes
Vaulted Ceiling(s): Yes
Washer/Dryer Hookup: Yes

Unit 1 Bath Description

3/4 Primary: Yes
Main Floor Full Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 1 Dining Room Description

Living/Dining Room: Yes

Unit 1 Special Search

Main Floor Bedroom: Yes
3 BR on One Level: Yes
Main Floor Laundry: Yes

Unit 2 Amenities

Patio: Yes
Skylight: Yes
Tile Floors: Yes
Washer/Dryer Hookup: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Cooling

None: Yes

Unit 2 Dining Room Description

Kitchen/Dining Room: Yes

Unit 2 Special Search

Main Floor Bedroom: Yes

Listing Office: Dwell Realty Group LLC

Last Updated: July - 22 - 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.