400 S Main ST, Pine Island, MN 55963
400 S Main ST, Pine Island, MN 55963
400 S Main ST, Pine Island, MN 55963
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Chad Pederson

Chad Pederson

+1(612) 325-8745
$275,000
Est. payment /mo
7 Beds
2 Baths
2,182 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,182 sqft

Price per Sqft $126

Subdivision Auditors

MLS Listing ID 7113128

Bedrooms 7

Year Built 1900

Annual Tax Amount $4,664

Tax Year 2026

Contingent None

Lot Size 8276.000 Acres

Lot Dimensions 66'x124'

Property Sub-Type Duplex Up and Down

Property Description

The property is an up/down duplex located just south of downtown Pine Island, providing convenient access to Main Street and local amenities. Two- to four-unit opportunities remain limited in southeast Minnesota, and this duplex has demonstrated a strong rental history with minimal vacancy over the past 15 years under current ownership. The main-floor unit offers four bedrooms along with a remodeled kitchen, updated LVP flooring, new appliances, and a new furnace, while the upper unit includes three bedrooms. Both units feature in-unit laundry. Exterior elements include a detached one-car garage, a large covered front porch, and a rear concrete patio. The combination of unit size, recent updates, and long-term rental performance makes this property a practical option for both investors and owner-occupants seeking additional income potential.

Location

State MN

County Goodhue

Zoning Business/Commercial

Rooms

Basement Partial, Sump Pump, Unfinished

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Detached Garage, Gravel

Garage Spaces 1.0

Building

Story Two

Foundation 392

Sewer City Sewer/Connected, City Sewer - In Street

Water City Water/Connected, City Water - In Street

Level or Stories Two

New Construction false

Schools

School District Pine Island

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Listed by Beau Ryan • RE/MAX Results

Nearby School & Business

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Chad Pederson

Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

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