502 Vine Avenue W, Montgomery, MN 56069

New Listing
$399,900
Property Type: Multi-Family Bedrooms: 6 Baths: 4 Square Footage: 3,412 Lot Size (sq. ft.): 23,958 Status: Active
Current Price: $399,900 List Date: 5/01/2026 Last Modified: 5/04/2026

Overview

Description

Wonderful 4-plex with strong previous ownership! Roof, siding and windows in good shape, 2 gas meters, 4 electric meters, concrete driveway, 2-car garage, laundry machines in every unit, patio, deck, large lot. Two 2 bed 1 bath units, and two 1 bed 1 bath units. Come see!

Listing Details MLS# 7065815

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Waterfront Present
No
Year Built
1969
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1706
Above Ground SqFt
1706
Below Grd Total SqFt
1706
Total SqFt
3412
Foundation Size
1706
Style
(MF) Four Plex
Total Finished Sqft
3412.00
Garage Stalls
2
Lot Dimensions
150x160x150x160
Acres
0.55
Assessment Pending
No

Property Features

Accessible: None Basement: Concrete Block; Egress Windows; Full; Sump Pump Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Cedar Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Laundry: In Unit; Main Level Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: One Unit 1 Amenities: Cable; Deck; Kitchen Window; Main Floor Primary Bedroom; Washer/Dryer Hookup Unit 1 Appliances: Dryer; Exhaust Fan/Hood; Range; Refrigerator; Washer; Water Softener-Owned Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Informal Dining Room Unit 1 Special Search: All Living Fac. on One Level; Main Floor Laundry Unit 2 Amenities: Deck; Kitchen Window; Washer/Dryer Hookup Unit 2 Appliances: Dryer; Exhaust Fan/Hood; Range; Refrigerator; Washer; Water Softener-Owned Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Informal Dining Room Unit 2 Special Search: Main Floor Laundry Unit 3 Amenities: Cable; Patio; Washer/Dryer Hookup Unit 3 Appliances: Dryer; Exhaust Fan/Hood; Range; Refrigerator; Washer; Water Softener-Owned Unit 3 Bath Description: Main Floor 3/4 Bath Unit 3 Cooling: Window Unit 3 Dining Room Description: Informal Dining Room Unit 3 Special Search: All Living Fac. on One Level; Main Floor Laundry Unit 4 Amenities: Cable; Deck; Kitchen Window; Main Floor Primary Bedroom; Washer/Dryer Hookup Unit 4 Appliances: Dryer; Exhaust Fan/Hood; Range; Refrigerator; Washer; Water Softener-Owned Unit 4 Bath Description: Main Floor Full Bath Unit 4 Cooling: Window Unit 4 Dining Room Description: Informal Dining Room Unit 4 Special Search: All Living Fac. on One Level; Main Floor Laundry Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
399900
ListPrice
399900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
502
Street Name
Vine
Street Suffix
Avenue
Street Direction Suffix
W
Postal City
Montgomery
County
Le Sueur
State
MN
Zip Code
56069

Assessments

Tax With Assessments
5722
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1706
Finished SqFt Below Ground
1706

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

Unit 1

Furnished?
No
Leased?
No
Level
Multi-Level
Unit Number
Yes
Finished SqFt
853
Full Baths
Yes
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
7

Unit 2

Furnished?
No
Leased?
Yes
Level
Below Ground
Unit Number
2
3/4 Baths
Yes
Annual Rent
7800
Finished SqFt
853
Monthly Rent
650
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
5

Unit 3

Furnished?
No
Leased?
Yes
Level
Below Ground
Unit Number
3
3/4 Baths
Yes
Annual Rent
7800
Finished SqFt
853
Monthly Rent
650
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
5

Unit 4

Furnished?
No
Leased?
Yes
Unit Number
4
Annual Rent
10500
Finished SqFt
853
Full Baths
Yes
Monthly Rent
875
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
7

Unit Details

Total Units
4

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
PID #22-009-4300
Listing City
Montgomery
Map Page
999
Municipality
Montgomery
School District
Tri-City United
School District Phone
507-364-8100
Property ID Number
220094300
Tax Year
2026
Tax Amount
5722
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Wonderful 4-plex with strong previous ownership! Roof, siding and windows in good shape, 2 gas meters, 4 electric meters, concrete driveway, 2-car garage, laundry machines in every unit, patio, deck, large lot. Two 2 bed 1 bath units, and two 1 bed 1 bath units. Come see!
Directions
MN -13, then W on 502 Vine Ave W, property is on the left.

Accessible

None
Yes

Basement

Concrete Block
Yes
Egress Windows
Yes
Full
Yes
Sump Pump
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Exterior

Cedar
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Internet Options

Cable
Yes

Laundry

In Unit
Yes
Main Level
Yes

Patio, Porch and Deck Features

Deck
Yes
Patio
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Income and Expenses

Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Gross Income
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0

No. of Ranges

Four
Yes

No. of Refrigerators

Four
Yes

Unit 1 Amenities

Cable
Yes
Deck
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Washer/Dryer Hookup
Yes

Unit 1 Appliances

Dryer
Yes
Exhaust Fan/Hood
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes
Water Softener-Owned
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Window
Yes

Unit 1 Dining Room Description

Informal Dining Room
Yes

Unit 1 Special Search

All Living Fac. on One Level
Yes
Main Floor Laundry
Yes

Unit 2 Amenities

Deck
Yes
Kitchen Window
Yes
Washer/Dryer Hookup
Yes

Unit 2 Appliances

Dryer
Yes
Exhaust Fan/Hood
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes
Water Softener-Owned
Yes

Unit 2 Bath Description

Main Floor Full Bath
Yes

Unit 2 Cooling

Window
Yes

Unit 2 Dining Room Description

Informal Dining Room
Yes

Unit 2 Special Search

Main Floor Laundry
Yes

Unit 3 Amenities

Cable
Yes
Patio
Yes
Washer/Dryer Hookup
Yes

Unit 3 Appliances

Dryer
Yes
Exhaust Fan/Hood
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes
Water Softener-Owned
Yes

Unit 3 Bath Description

Main Floor 3/4 Bath
Yes

Unit 3 Cooling

Window
Yes

Unit 3 Dining Room Description

Informal Dining Room
Yes

Unit 3 Special Search

All Living Fac. on One Level
Yes
Main Floor Laundry
Yes

Unit 4 Amenities

Cable
Yes
Deck
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Washer/Dryer Hookup
Yes

Unit 4 Appliances

Dryer
Yes
Exhaust Fan/Hood
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes
Water Softener-Owned
Yes

Unit 4 Bath Description

Main Floor Full Bath
Yes

Unit 4 Cooling

Window
Yes

Unit 4 Dining Room Description

Informal Dining Room
Yes

Unit 4 Special Search

All Living Fac. on One Level
Yes
Main Floor Laundry
Yes
Listing Office: Kubes Realty Inc
IDX
Last Updated: May - 04 - 2026
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