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815 S Elm Avenue, Owatonna, MN 55060

$319,900

Property Type: Residential Bedrooms: 6 Baths: 3 Square Footage: 3,644 Lot Size (sq. ft.): 8,712 Status: Pending

Current Price: $319,900 List Date: 4/10/2026 Last Modified: 6/10/2026

Overview

Description

Don’t miss this rare and versatile opportunity to own a property that truly stands out! Offering a total of 6 bedrooms and 3 bathrooms, this unique home provides endless possibilities for owner-occupants, investors, or multi-generational living. The main level features 4 bedrooms and 2 bathrooms, offering spacious, comfortable living, while the upper level provides a completely separate living area with its own kitchen, 2 bedrooms, and a bathroom—perfect for rental income, extended family, or private guest space. Whether you choose to live on the main level and generate rental income, or maximize the investment potential of the entire property, the flexibility here is hard to find. Inside, you’ll be welcomed by large windows that flood the home with beautiful natural light, hardwood floors, and TONS of character throughout. This home has been thoughtfully updated for peace of mind, including a new furnace, A/C, water heater, and updated sump pump, blending classic charm with m ... (Read more)

Listing Details MLS# 7037109

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Waterfront Present: No
Year Built: 1939
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: Yes
Main Floor Total SqFt: 1308
Above Grd Total SqFt: 2336
Below Grd Total SqFt: 1308
Total SqFt: 3644
Total Finished Sqft: 2736.00
FireplaceYN: No
Style: (SF) Single Family
Foundation Size: 1308
Garage Stalls: 2
Lot Dimensions: 66x66
Acres: 0.2
Assessment Pending: No
Number of Fireplaces: 0
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Hardwood Floors Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Basement: Concrete Block; Egress Windows; Partially Finished; Sump Pump; Unfinished Bath Description: Main Floor Full Bath; Upper Level Full Bath; 3/4 Basement Construction Status: Previously Owned Dining Room Description: Informal Dining Room Exterior: Shakes; Vinyl Family Room Characteristics: 2 or More; Family Room; Main Level Fencing: Chain Link Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Basement; In Unit; Lower Level Lot Description: Tree Coverage - Light Roof: Asphalt Shingles Sewer: City Sewer/Connected Special Search: 3 BR on One Level Stories: One and One Half Water: City Water/Connected

Contract Information

Off Market Date: 2026-04-18
Contingency: None
Original List Price: 319900
ListPrice: 319900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 815
Street Direction Prefix: S
Street Name: Elm
Street Suffix: Avenue
Postal City: Owatonna
County: Steele
State: MN
Zip Code: 55060
Complex/Dev/Subdivision: Phelps Add

Assessments

Tax With Assessments: 3844
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2336
Finished SqFt Below Ground: 400

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 20x26
Garage Square Feet: 520

Office/Member Info

Association: SEMR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 1 EX N132' & LOT 10 EX S132' & THE W132' OF VAC ALLEY BLK 7 PHELPS ADDN
Listing City: Owatonna
Map Page: 999
Municipality: Owatonna
School District: Owatonna
School District Phone: 507-444-8610
Zip Plus 4: 3305
Property ID Number: 171010701
Tax Year: 2026
Tax Amount: 3844
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Don’t miss this rare and versatile opportunity to own a property that truly stands out! Offering a total of 6 bedrooms and 3 bathrooms, this unique home provides endless possibilities for owner-occupants, investors, or multi-generational living. The main level features 4 bedrooms and 2 bathrooms, offering spacious, comfortable living, while the upper level provides a completely separate living area with its own kitchen, 2 bedrooms, and a bathroom—perfect for rental income, extended family, or private guest space. Whether you choose to live on the main level and generate rental income, or maximize the investment potential of the entire property, the flexibility here is hard to find. Inside, you’ll be welcomed by large windows that flood the home with beautiful natural light, hardwood floors, and TONS of character throughout. This home has been thoughtfully updated for peace of mind, including a new furnace, A/C, water heater, and updated sump pump, blending classic charm with modern reliability. With space, updates, and income potential all wrapped into one, this is a truly rare find in town. Opportunities like this don’t come around often — schedule your showing today and explore all the possibilities!
Directions: S Oak to right on W University turn right onto S Elm House on the left.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Hardwood Floors: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Basement

Concrete Block: Yes
Egress Windows: Yes
Partially Finished: Yes
Sump Pump: Yes
Unfinished: Yes

Bath Description

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

Construction Status

Previously Owned: Yes

Dining Room Description

Informal Dining Room: Yes

Exterior

Shakes: Yes
Vinyl: Yes

Family Room Characteristics

2 or More: Yes
Family Room: Yes
Main Level: Yes

Fencing

Chain Link: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

In Basement: Yes
In Unit: Yes
Lower Level: Yes

Lot Description

Tree Coverage - Light: Yes

Roof

Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Special Search

3 BR on One Level: Yes

Stories

One and One Half: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Den	8x12	Main
Dining Room	11x11	Main
Fifth (5th) Bedroom	9x11	Upper
First (1st) Bedroom	12x10	Main
Fourth (4th) Bedroom	13x15	Lower
Foyer	6x7	Main
Kitchen	17.5x6	Main
Second Kitchen	12.5x12	Upper
Laundry		Lower
Living Room	17x13	Main
Living Room	18.3x14.5	Upper
Second (2nd) Bedroom	12x11	Main
Sixth (6th) Bedroom	15x12	Upper
Third (3rd) Bedroom	8x11	Main
Unfinished	19x36	Lower

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.