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$42,500

  • For Sale
  • Active
  • Single Family
  • 1 Bed
  • 1 Full Bath
  • 1,212 Sq. Ft.
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Opportunity knocks! This charming property offers a fantastic chance to build equity with some TLC. Perfect for investors or handy buyers looking for their next project, this home sits on a large, beautiful lot with plenty of outdoor space to enjoy or expand upon. The exterior already has a great start with vinyl siding, updated shingles, and some newer windows. Inside, you'll find a welcoming front porch, a spacious living room, a full bathroom on the main level, and an open kitchen/dining area ready for your personal touch. The large laundry/back entry space has great potential and could easily be converted into a second bedroom or office. Upstairs, a flexible landing area offers the perfect space for a playroom, office, or second living space and leads to a private bedroom. The unfinished basement is a blank canvas-add bedrooms, a family room, or extra storage to maximize value. With solid bones and room to grow, this property is the perfect canvas for your vision. Don't miss your chance to bring this home back to life! This property is being sold AS-IS.

Full Property Details for 408 N Jefferson St

General

  • Price: $42,500
  • Taxes: $1 (2024)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6720096
  • Updated: 6/12/2025
  • Added to Site: 239 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Dining Room: Informal Dining Room
  • Formal Dining Room: Informal Dining Room

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Parking Features: None

Location

  • County: Lyon
  • Subdivision: 3rd Railroad Add
  • Driving Directions: From Hwy 68 - head N on Jefferson St. Home is located on right hand side.

School Information

  • School District: 414 - Minneota
  • High School District: Minneota

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Boiler
  • Heating Fuel: Propane

Utilities

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

Structural Information

  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Storage Space
  • Foundation Size: 720
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 1,212
  • Above Ground: 1,212 Sq. Ft.
  • Below Ground: 720 Sq. Ft.
  • Finished Down/Base.: 1,932 Sq. Ft.
  • Year Built: 1898

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Dimensions: 50 x 165
  • Frontage: City Street
  • Zoning: Residential-Single Family
  • Lot Description: Some Trees, Underground Utilities

Financial Considerations

  • Tax Amount: $1
  • Tax Year: 2024
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: 3RD RAILROAD ADDITION 01010001
  • Property ID: 281060550

Listed by Edina Realty, Inc.

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Listing agent

— 408 N Jefferson St —

  • Edina Realty, Inc.

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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 408 N Jefferson St

School District:Minneota Public School District
NameGradesDistance
Minneota Elementary School
504 North Monroe Street, Minneota, MN 56264
PK-60.2 mi
Minneota Secondary
504 North Monroe Street, Minneota, MN 56264
7-120.2 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 408 N Jefferson St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/12/2025
Price Reduced
$42,500
-14.83%
MLS
5/23/2025
Listed
$49,900
—
MLS
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 408 N Jefferson St

Year
Property Taxes
Change
Tax Assessment
Change
2024
-100%
$8,000
-88%
2023
$4,072
2%
$65,100
12%
2022
$3,990
3%
$57,900
29%
2021
$3,882
—
$44,800
—
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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Listed by Edina Realty, Inc.

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408 N Jefferson Street, Minneota, MN 56264 (MLS# 6720096) is a Single Family property with 1 bedroom and 1 full bathroom. 408 N Jefferson Street is currently listed for $42,500 and was received on May 23, 2025. Want to learn more about 408 N Jefferson Street? Do you have questions about finding other Single Family real estate for sale in Minneota? You can browse all Minneota real estate or contact a Coldwell Banker agent to request more information.

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