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501 Prospect Street, Milroy, MN 56263

New Listing

$144,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,265 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $144,000 List Date: 6/24/2026 Last Modified: 6/24/2026

Overview

Description

Open floor plan offering 2 bedrooms, full bath and laundry on upper/main level - also accessible via chair stair lift. Seller will remove prior to closing if not requested in offer. Main level bedroom (#3), office and bonus or family room plus 3/4 bath. Emjoy the deck off of dining area or the paver patio out back (which features electrical for hot tub!) Shed is spacious 12' x 15' with overhead roller door. Propane tank is owned. You will love all of the gorgeous perennials, establish rhubarb, raspberries grapes and red currants! Check out the peace and quite of small town living. Neighborhood bar and grill, gas station/mini mart and post office make life easy!

Open Houses

Today, 4:30 pm - 6:30 pm

Listing Details MLS# 7089346

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Other Parking Spaces: 3
Waterfront YN: No
Year Built: 2000
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Main Floor Total SqFt: 840
Above Grd Total SqFt: 1265
Total SqFt: 1265
Total Finished Sqft: 1265.00
FireplaceYN: No
Style: (SF) Single Family
Foundation Size: 840
Garage Stalls: 2
Lot Dimensions: 65 x 140
Acres: 0.16
Assessment Pending: No
Number of Fireplaces: 0
Bath Half: 0
Bath Quarter: 0
Below Grd Total SqFt: 0
Association Fee: 0

Property Features

Accessible: Stair Chair Lift Air Conditioning: Central Air Amenities Unit: Cable; Ceiling Fan(s); Deck; Kitchen Window; Natural Woodwork; Patio; Tile Floors; Washer/Dryer Hookup Appliances: Disposal; Dryer; Fuel Tank - Owned; Range; Refrigerator; Washer Basement: None Bath Description: Main Floor 3/4 Bath; Upper Level Full Bath Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Kitchen/Dining Room Electric: 200+ Amp Service Exterior: Wood Fencing: Full; Wire Foundation: Concrete Block Fuel: Electric; Propane Heating: Forced Air; Other Laundry: Laundry Closet Lock Box Type: SentriLock Lot Description: Tree Coverage - Light Parking Characteristics: Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage; Tuckunder Garage Road Frontage: Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; Rural Development; VA Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; Main Floor Bedroom Stories: Bi-Level Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 244000
ListPrice: 144000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 501
Street Name: Prospect
Street Suffix: Street
Postal City: Milroy
County: Redwood
State: MN
Zip Code: 56263

Assessments

Assessment Balance: 68
Tax With Assessments: 2222

Building Information

Finished SqFt Above Ground: 1265

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 11.5x1 and11.5x29
Garage Square Feet: 540
Floor Drain: Yes
Garage Door Opener: Yes
Heated Garage: Yes
Insulated Garage: Yes
Tuckunder Garage: Yes

Office/Member Info

Association: WCAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: Lot 5 & N 15 ft of Lot 6
Listing City: Milroy
Map Page: 999
Municipality: Milroy
School District: Tracy Area
School District Phone: 507-629-5500
Property ID Number: 852000500
Tax Year: 2026
Tax Amount: 2154
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Open floor plan offering 2 bedrooms, full bath and laundry on upper/main level - also accessible via chair stair lift. Seller will remove prior to closing if not requested in offer. Main level bedroom (#3), office and bonus or family room plus 3/4 bath. Emjoy the deck off of dining area or the paver patio out back (which features electrical for hot tub!) Shed is spacious 12' x 15' with overhead roller door. Propane tank is owned. You will love all of the gorgeous perennials, establish rhubarb, raspberries grapes and red currants! Check out the peace and quite of small town living. Neighborhood bar and grill, gas station/mini mart and post office make life easy!
Directions: Approaching Milroy Minnesota on Hwy 68, turn west on Superior Str and then north onto Prospect Street. Property will be on your left.

Accessible

Stair Chair Lift: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Cable: Yes
Ceiling Fan(s): Yes
Deck: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Patio: Yes
Tile Floors: Yes
Washer/Dryer Hookup: Yes

Appliances

Disposal: Yes
Dryer: Yes
Fuel Tank - Owned: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Basement

None: Yes

Bath Description

Main Floor 3/4 Bath: Yes
Upper Level Full Bath: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Eat In Kitchen: Yes
Kitchen/Dining Room: Yes

Electric

200+ Amp Service: Yes

Exterior

Wood: Yes

Fencing

Full: Yes
Wire: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes
Propane: Yes

Heating

Forced Air: Yes
Other: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Laundry Closet: Yes

Lock Box Type

SentriLock: Yes

Lot Description

Tree Coverage - Light: Yes

Patio, Porch and Deck Features

Deck: Yes
Patio: Yes

Road Frontage

Paved Streets: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Rural Development: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Special Search

2nd Floor Laundry: Yes
Main Floor Bedroom: Yes

Stories

Bi-Level: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Bathroom	7'10 x 6'	Upper
Bonus Room	18' x 11'7"	Main
First (1st) Bedroom	11.7 x 11'7"	Upper
Kitchen	15 x 10'8"	Upper
Living Room	14 x 11.5	Main
Office	10'2 x 11'7"	Main
Second (2nd) Bedroom	11'5 x 9	Upper
Third (3rd) Bedroom	11'7" x 8'7"	Main

Listing Office: Keller Williams Preferred Realty

Last Updated: June - 24 - 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.