Date
Details
Price
Change
Source
6/20/2026
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Excellent investment opportunity in Elgin! This well-maintained 4-plex features numerous updates, including a new roof in 2023 and updated windows, siding, and boiler in 2016. Additional improvements include a new coin-operated washer and dryer, providing added convenience and income potential. Tenants enjoy off-street parking, while owners will appreciate the storage shed for lawn equipment and additional storage needs. Situated on a desirable corner lot directly across from the school, park, and ball fields, this property offers a great location with easy access to nearby walking trails and community amenities. Water softener is rented through Culligan and located in the utility room. Strong rental appeal, major mechanical updates, and a prime location make this a fantastic addition to any investment portfolio!
Full Property Details
Full Property Details for 150 2nd Ave SW
General
- Price: $349,900
- Taxes: $5,186 (2026)
- Status: Active
- Type: Multi-Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7093939
- Updated: Today (6/20/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Laundry Room, Laundry Room
Additional Information
- Shared Amenities: Coin-op Laundry Owned, Deck
Parking
- Parking Features: Gravel, Parking Lot
Location
- County: Wabasha
- Township: Elgin
- Subdivision: Millers Add
- Driving Directions: Take Hwy 42 into Elgin, turn West on 1st St SE, go 4 blocks turn left on 2nd Ave SW, property down on the left.
School Information
- School District: 2899 - Plainview-Elgin-Millville
- High School District: Plainview-Elgin-Millville
Heating & Cooling
- Heating Type: Baseboard, Boiler
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Basement Desc.: Block, Walk-Out
- Foundation Size: 1776
- Roof: Age 8 Years or Less
- Disability Access: None
- Square Feet: 3,552
- Above Ground: 1,776 Sq. Ft.
- Below Ground: 1,776 Sq. Ft.
- Finished Down/Base.: 3,552 Sq. Ft.
- Year Built: 1979
Lot Features
- Lot Size (Acres): 0.282
- Lot Dimensions: 82 x 150
- Lot Description: Light Tree Coverage
Financial Considerations
- Tax Amount: $5,186
- Tax Year: 2026
- Owner Pays: Common Area Maintenance, Exterior Maintenance, Fuel, Grounds Care, Heat, HVAC Maintenance, Insurance, Repairs, Roof Maintenance, Sewer, Snow Removal, Water
- Tenant Pays: Broadband, Cable TV, Electricity, Telephone
- Pays Cable: Tenant Pays
- Pays Electric: Tenant Pays
- Pays Heat: Owner Pays
- Pays Water: Owner Pays
Disclosures and Reports
- Legal Description: SECT-27 TWP-108 RANGE-012 MILLER'S ADDITION LOT-001 BLOCK-002 (WWW)
- Property ID: R190025300
Listed by RE/MAX Advantage Plus
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— 150 2nd Ave SW —
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NMLS#: 1598647
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Schools
Schools serving 150 2nd Ave SW
School District:Plainview-Elgin-Millville
| Name | Grades | Distance |
|---|---|---|
Plainview-Elgin-Millville 4-6 210 2nd Street Southwest, Elgin, MN 55932 | 4-6 | 0.1 mi |
Plainview-Elgin-Millville Pk-3 600 West Broadway, Plainview, MN 55964 | PK-3 | 4.8 mi |
Plainview-Elgin-Millville Junior 70 1st Street Southeast, Elgin, MN 55932 | 7-8 | 0.3 mi |
Plainview-Elgin-Millville High School 500 West Broadway, Plainview, MN 55964 | 9-12 | 4.8 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 150 2nd Ave SW
Tax History
Tax History for 150 2nd Ave SW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,926
5%
$314,500
7%
2023
$4,676
—
$294,300
1%
2023
$4,676
36%
$292,800
29%
2021
$3,430
-24%
$227,700
-17%
2023
$4,516
32%
$273,000
49%
2021
$3,430
-1%
$183,500
-1%
2020
$3,482
8%
$184,500
11%
2019
$3,238
3%
$166,300
4%
2017
$3,134
-13%
$160,500
100%
2015
$3,604
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 150 2nd Ave SW
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- Active
- Updated 5 days ago
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- Updated 1 day ago
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- Single Family
- Active
- Updated 4 days ago
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- 1Total Bath
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Listed by Tony Montgomery Realty & Auction
- Lots/Land
- Active
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- Updated 2 days ago
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Listed by Property Brokers of Minnesota
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- Single Family
- Closed
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- 1,840Sq. Ft.
Listed by Montgomery Holst Realty
Sold by Edina Realty, Inc.
Sold by Edina Realty, Inc.
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Listed by Real Broker, LLC.
Sold by Real Broker, LLC.
Sold by Real Broker, LLC.
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- Closed
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- 1,946Sq. Ft.
Listed by Montgomery Holst Realty
Sold by Castle Realty, LLC
Sold by Castle Realty, LLC
- Single Family
- Closed
- 4Beds
- 2Total Baths
- 2,576Sq. Ft.
Listed by Montgomery Holst Realty
Sold by Montgomery Holst Realty
Sold by Montgomery Holst Realty
150 2nd Avenue SW, Elgin, MN 55932 (MLS# 7093939) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 150 2nd Avenue SW is currently listed for $349,900 and was received on June 20, 2026. Want to learn more about 150 2nd Avenue SW? Do you have questions about finding other Multi-Family real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.