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$429,900 Just Listed

  • For Sale
  • Active
  • Triplex
  • 6 Beds
  • 4 Total Baths
  • 3,600 Sq. Ft.
  • Updated 22 hours ago
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Excellent investment opportunity in the heart of Belle Plaine! This well-designed triplex offers three separate rental units, making it a great addition to an investment portfolio or a potential owner-occupied property with income from the additional units. The upper-level unit features four bedrooms, two bathrooms, a kitchen, spacious living room, and its own laundry room. Two private decks provide additional outdoor living space and plenty of room to relax or entertain. The two lower-level units each offer one bedroom, a full kitchen, bathroom, living room, and in-unit laundry. Both units also include a private backyard patio, giving each tenant a dedicated outdoor space to enjoy. Conveniently located near downtown Belle Plaine, schools, parks, shopping, dining, and other community amenities. With three functional units, private laundry and outdoor space for each, an established rental history, this property offers immediate income potential and long-term versatility. Don't miss this opportunity to own a unique multi-unit property in a growing community!

Full Property Details for 520 W State St

General

  • Price: $429,900
  • Taxes: $6,786 (2026)
  • Status: Active
  • Type: Triplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7135782
  • Updated: 8/31/2026
  • Added to Site: 3 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: In Unit, In Unit

Exterior

  • Porch/Patio/Deck: Deck, Patio

Parking

  • Parking Features: Paved Lot

Location

  • County: Scott
  • Township: Belle Plaine
  • Subdivision: City Of Belle Plaine
  • Driving Directions: From US Highway 169, take the MN-25/Meridian Street exit. Head south on Meridian Street, turn right onto West State Street, and continue to 520 West State Street. Property will be on the right.

School Information

  • School District: 716 - Belle Plaine
  • High School District: Belle Plaine

Heating & Cooling

  • Heating Type: Baseboard
  • Heating Fuel: Electric

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Daylight/Lookout Windows, Finished, Full, Walk-Out
  • Foundation Size: 1800
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 3,600
  • Above Ground: 1,800 Sq. Ft.
  • Below Ground: 1,800 Sq. Ft.
  • Finished Down/Base.: 3,600 Sq. Ft.
  • Year Built: 1979

Unit Information

  • Units w/Refrigerators: 3

Lot Features

  • Lot Size (Acres): 0.46
  • Lot Dimensions: 0.46 ACRE
  • Frontage: County Road
  • Zoning: Residential-Multi-Family
  • Lot Description: Medium Tree Coverage

Financial Considerations

  • Tax Amount: $6,786
  • Tax Year: 2026
  • Owner Pays: Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Broadband, Cable TV, Electricity
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: SUBDIVISIONNAME CITY OF BELLE PLAINE LOT 011 BLOCK 053 SUBDIVISIONCD 20001 & 12 & E1/2 VAC ELK ST ADJ TO LOT 12
  • Property ID: 200011480

Listed by RE/MAX Experience

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NMLS#: 1598647

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Schools serving 520 W State St

School District:Belle Plaine Public School District
NameGradesDistance
Chatfield Elementary School, Belle Plaine, MN
330 South Market Street, Belle Plaine, MN 56011
PK-20.5 mi
Oak Crest Elementary School
1101 Commerce Drive East, Belle Plaine, MN 56011
3-60.9 mi
Belle Plaine Junior High School
220 South Market Street, Belle Plaine, MN 56011
7-80.4 mi
Belle Plaine Senior High School
220 South Market Street, Belle Plaine, MN 56011
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 520 W State St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/31/2026
Listed
$429,900
38.68%
MLS
5/10/2024
Sold
$310,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 520 W State St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$6,786
9%
$296,900
-1%
2025
$6,254
21%
$299,500
2%
2024
$5,166
4%
$293,600
6%
2023
$4,954
3%
$276,800
-1%
2022
$4,830
17%
$280,800
17%
2021
$4,132
5%
$239,700
21%
2020
$3,922
—
$198,700
-6%
2020
$3,922
6%
$212,500
12%
2019
$3,684
39%
$189,100
52%
2018
$2,656
-1%
$124,700
-1%
2017
$2,678
-4%
$125,800
-1%
2016
$2,794
-11%
$126,900
-10%
2015
$3,156
-15%
$141,700
-11%
2014
$3,722
-1%
$159,200
-1%
2013
$3,772
—
$160,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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520 W State Street, Belle Plaine, MN 56011 (MLS# 7135782) is a Triplex property with 6 bedrooms and 0 full bathrooms. 520 W State Street is currently listed for $429,900 and was received on August 29, 2026. Want to learn more about 520 W State Street? Do you have questions about finding other Triplex real estate for sale in Belle Plaine? You can browse all Belle Plaine real estate or contact a Coldwell Banker agent to request more information.

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