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$389,900

  • For Sale
  • Active
  • Apartment
  • 4 Beds
  • 4 Total Baths
  • 2,540 Sq. Ft.
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Four 1 Bed, 1 Bath units with annual lease in place. Excellent location within 1-4 blocks from restaurants, city offices, Central Park and the Delano 4th of July Celebration. Exceptional cash flow. This historic, former church from the late 1880s has great charm and investment potential!

Full Property Details for 316 2nd St N

General

  • Price: $389,900
  • Taxes: $3,914 (2025)
  • Status: Active
  • Type: Apartment
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6807749
  • Updated: 12/11/2025
  • Added to Site: 89 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: None, None

Parking

  • Parking Features: Gravel

Location

  • County: Wright
  • Township: Delano
  • Subdivision: Litchfields Add
  • Driving Directions: Hwy 12 to east on Bridge to North on 2nd St, 2 blocks to property on right

School Information

  • School District: 2312 - Delano
  • High School District: Delano

Heating & Cooling

  • Heating Type: Baseboard
  • Heating Fuel: Electric

Utilities

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

Structural Information

  • Exterior Const.: Brick
  • Foundation Size: 1270
  • Roof: Age Over 8 Years, Asphalt
  • Disability Access: None
  • Square Feet: 2,540
  • Above Ground: 2,540 Sq. Ft.
  • Year Built: 1885

Unit Information

  • Units w/Refrigerators: 4

Lot Features

  • Lot Size (Acres): 0.343
  • Lot Dimensions: 100 x 150
  • Frontage: City Street

Financial Considerations

  • Operating Expenses: $11,894
  • Tax Amount: $3,914
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: All Utilities, Cable TV, Electricity
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: SECT-11 TWP-118 RANGE-025 LITCHFIELDS ADDN LOT-005 BLOCK-006 LOTS 5&6 BLK 6
  • Property ID: 107022006050

Listed by Compass

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— 316 2nd St N —

  • Compass

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 316 2nd St N

School District:Delano Public School District
NameGradesDistance
Delano Middle School
683 Tiger Drive, Delano, MN 55328
5-80.6 mi
Delano Elementary School
678 Tiger Drive, Delano, MN 55328
K-40.7 mi
Delano Senior High School
700 Elm Avenue East, Delano, MN 55328
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 316 2nd St N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/11/2025
Price Reduced
$389,900
-2.5%
MLS
11/19/2025
Price Reduced
$399,900
-5.91%
MLS
10/23/2025
Listed
$425,000
136.24%
MLS
1/21/2005
Sold
$179,900
—
Public Record
Get Price Alerts and Save Property
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 316 2nd St N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,914
18%
$271,900
2%
2024
$3,314
5%
$265,800
13%
2023
$3,142
-1%
$235,100
15%
2022
$3,172
6%
$204,100
14%
2021
$2,996
5%
$179,300
17%
2020
$2,866
8%
$153,400
11%
2019
$2,656
10%
$137,800
10%
2018
$2,420
8%
$124,900
8%
2017
$2,240
6%
$116,100
10%
2016
$2,108
33%
$105,900
9%
2015
$1,586
-30%
$97,100
-26%
2014
$2,278
7%
$131,600
8%
2013
$2,138
—
$122,300
—
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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316 2nd Street N, Delano, MN 55328 (MLS# 6807749) is a Apartment property with 4 bedrooms and 0 full bathrooms. 316 2nd Street N is currently listed for $389,900 and was received on October 21, 2025. Want to learn more about 316 2nd Street N? Do you have questions about finding other Apartment real estate for sale in Delano? You can browse all Delano real estate or contact a Coldwell Banker agent to request more information.

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