416 S Oak Avenue, Owatonna, MN 55060

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$192,000

bedrooms

bathrooms

square feet

2,538

Acreage

0.251

Open Houses

year built

1885

Full Baths

Half Baths

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Income-Producing Property in the Heart of Owatonna! A Historic Gem with Recent Upgrades! Located in the heart of Owatonna, this charming income-producing property offers an exceptional opportunity for investors or first-time buyers. Blending historic character with modern updates, this property is ready to deliver steady income with minimal maintenance. The main floor unit has been thoughtfully updated, featuring a new roof (2022), energy-efficient windows (2023), brand new HVAC, fresh paint, and spacious bedrooms with daylight windows, ensuring long-term durability and appeal. The property also includes central air, and a brand-new deck (2024) adding to the comfort of tenants. The historic architecture shines through with unique details that lend the property its timeless charm. The upstairs unit can be rented as-is or remodeled to increase income potential, offering flexibility for the new owner. With an excellent rent history and a prime location, this is an investment opportunity you won't want to miss. Own a piece of Owatonna's rich history while generating reliable income! Contact us today for a private tour or more details!

Location
Subdivision	Original Town
County	Steele-MN
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 6678627

Listing agent: Sophie Starks

Listing broker: Berkshire Hathaway Homeservices Advantage Real Estate (507) 213-1777

Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, April 25 2025 at 8:04 p.m. EDT

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