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: Active
Current Price: $110,000 List Date: 5/08/2026 Last Modified: 5/19/2026

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

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
IDX
Listing Office: eXp Realty
Last Updated: May - 19 - 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.