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$350,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 4 Total Beds
  • Updated 13 days ago
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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

  • Sold For: $350,000
  • Taxes: $3,914 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6807749
  • Added to Site: 135 day(s) ago

Parking

  • Parking Features: Gravel

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)

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
Sold by Verve Realty

Listing agents

— 316 2nd St N —

  • Compass

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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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

Date
Details
Price
Change
Source
2/17/2026
Sold
$350,000
-10.23%
MLS
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
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Down Payment Resource

Listed by Compass
Sold by Verve Realty

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316 2nd Street N, Delano, MN 55328 (MLS# 6807749) is a Multi-Family property that was sold at $350,000 on February 17, 2026. Want to learn more about 316 2nd Street N? Do you have questions about finding other Multi-Family real estate for sale in Delano? You can browse all Delano real estate or contact a Coldwell Banker agent to request more information.