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541 Prospect Street, Owatonna, MN 55060

New Listing

$250,000

Virtual Tour

https://mls.ricoh360.com/9d90d8a1-8cda-4218-9b0a-11726d917878

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,028 Lot Size (sq. ft.): 7,405 Status: Active

Current Price: $250,000 List Date: 7/23/2026 Last Modified: 7/23/2026

Overview

Description

Character filled 1955 multi level home featuring 3 bedrooms, 2 baths, and a 1 car tuck-under garage. Enjoy vaulted ceilings with exposed wood beams that highlight its classic 1950s character. Recent updates include a freshly painted exterior, new landscaping, new front walkway and entry steps, remodeled primary bath, new gutters, and many additional improvements. A wonderful blend of timeless charm and modern updates, ready for you to call home!

Listing Details MLS# 7114005

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Waterfront YN: No
Year Built: 1955
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Half: Yes
Main Floor Total SqFt: 624
Above Grd Total SqFt: 1326
Below Grd Total SqFt: 702
Total SqFt: 2028
Total Finished Sqft: 1602.00
FireplaceYN: No
Style: (SF) Single Family
Foundation Size: 1326
Power Company: Other
Garage Stalls: Yes
Lot Dimensions: 95x80
Acres: 0.17
Assessment Pending: No
# Carport Spaces: 0
Number of Fireplaces: 0
Other Parking Spaces: 0
Bath Three Quarters: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Kitchen Window; Vaulted Ceiling(s); Washer/Dryer Hookup Appliances: Disposal; Dryer; Range; Refrigerator; Washer Basement: Concrete Block; Partially Finished; Storage Space; Sump Pump Bath Description: Upper Level 1/2 Bath; Upper Level Full Bath Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Kitchen/Dining Room Electric: 100 Amp Service Exterior: Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Lower Level Lock Box Type: Supra Lot Description: Tree Coverage - Medium Parking Characteristics: Garage Door Opener; Tuckunder Garage Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Special Search: 3 BR on One Level Stories: Three Level Split Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 250000
ListPrice: 250000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 541
Street Name: Prospect
Street Suffix: Street
Postal City: Owatonna
County: Steele
State: MN
Zip Code: 55060

Assessments

Tax With Assessments: 2690
Assessment Balance: 0

Basement

Foundation Dimensions: 24x53x26x53
Concrete Block: Yes
Partially Finished: Yes
Storage Space: Yes
Sump Pump: Yes

More Information

Building Information

Finished SqFt Above Ground: 1326
Finished SqFt Below Ground: 276

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: SEMR
Supra: Yes

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 13x24
Garage Square Feet: 312
Garage Door Opener: Yes
Tuckunder Garage: Yes

Public Survey Info

Range#: 20
Section#: 15
Township#: 107

Office/Member Info

Association: SEMR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: COM ON S LN OF NW1/4 OF NE1/4 436.5' E OF W LN OF NE1/4 E ON S LN OF NW1/4 OF NE1/4-80' N PAR W LN OF NE1/4 95.32' TO S
Listing City: Owatonna
Map Page: 999
Municipality: Owatonna
School District: Owatonna
School District Phone: 507-444-8610
Zip Plus 4: 3504
Property ID Number: 170151406
Tax Year: 2026
Tax Amount: 2690
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Character filled 1955 multi level home featuring 3 bedrooms, 2 baths, and a 1 car tuck-under garage. Enjoy vaulted ceilings with exposed wood beams that highlight its classic 1950s character. Recent updates include a freshly painted exterior, new landscaping, new front walkway and entry steps, remodeled primary bath, new gutters, and many additional improvements. A wonderful blend of timeless charm and modern updates, ready for you to call home!
Directions: From Main St head south on Lincoln Ave then turn left on Prospect St, property is on the right side

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Ceiling Fan(s): Yes
Kitchen Window: Yes
Vaulted Ceiling(s): Yes
Washer/Dryer Hookup: Yes

Appliances

Disposal: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Bath Description

Upper Level 1/2 Bath: Yes
Upper Level Full Bath: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Kitchen/Dining Room: Yes

Electric

100 Amp Service: Yes

Exterior

Wood: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Lower Level: Yes

Lot Description

Tree Coverage - Medium: Yes

Patio, Porch and Deck Features

Awning(s): Yes
Patio: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Storm Sewer: 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
VA: Yes

Sewer

City Sewer/Connected: Yes

Special Search

3 BR on One Level: Yes

Stories

Three Level Split: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Level
Bathroom	Upper
Bonus Room	Lower
First (1st) Bedroom	Upper
Flex Room	Lower
Kitchen	Main
Laundry	Lower
Living Room	Main
Primary Bath	Upper
Second (2nd) Bedroom	Upper
Third (3rd) Bedroom	Upper

Listing Office: eXp Realty

Last Updated: July - 23 - 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.