Date
Details
Price
Change
Source
5/06/2026
Listed
$424,900
—
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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1/23
$424,900 Just Listed
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1/23
Property Description
Located in the heart of Montgomery, this versatile mixed-use property at 300 1st Street South offers a rare opportunity for both investors and owner-occupants alike. The building features five residential units, including two 2-bedroom units, two 1-bedroom units, and one studio. In addition, the property boasts a spacious commercial unit, ideal for a business owner or additional income stream. A detached garage adds further value and functionality for tenants or storage. Recent updates enhance both the appeal and long-term value of the property, including fresh paint and new flooring throughout two of the residential units, and a new water heater, making this a turnkey opportunity with key improvements already completed. Whether you're looking to expand your portfolio or secure a property with multiple income streams, this well-maintained building within driving distance to the twin cities offers flexibility, updates, and solid investment potential.
Full Property Details
Full Property Details for 300 1st St S
General
- Price: $424,900
- Taxes: $6,356 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7065550
- Updated: 5/8/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Disposal, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Water Softener Owned
- Flooring: Luxury Vinyl Plank, Wood
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Parking Features: Attached Garage, Paved Lot
Location
- County: Le Sueur
- Township: Montgomery
- Subdivision: City Of Montgomery
- Driving Directions: From the Twin Cities, take US-169 south toward Montgomery. Turn east onto 1st Street South and continue into town. The property at 300 1st Street South will be located on your right.
School Information
- School District: 2905 - Tri-City United
- High School District: Tri-City United
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Forced Air
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Separate, Heating Separate, Hot Water Separate
Structural Information
- Basement: Yes
- Foundation Size: 2696
- Roof: Age 8 Years or Less
- Disability Access: None
- Current Bldg. Use: Residential, Retail
- Year Built: 1900
Unit Information
- Units w/Refrigerators: 1
Lot Features
- Lot Size (Acres): 0.164
- Lot Dimensions: 134 x 53
- Zoning: Business/Commercial, Residential-Multi-Family
Financial Considerations
- Tax Amount: $6,356
- Tax Year: 2026
- Owner Pays: Grounds Care, Repairs, Taxes, Trash Collection, Water
- Pays Trash: Owner Pays
- Pays Water: Owner Pays
Disclosures and Reports
- Legal Description: CITY OF MONTGOMERY BLOCK-002 LOTS 1-2
- Inclusions: Building
- Property ID: 224700140
Listed by LPT Realty, LLC
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Listing agent
— 300 1st St S —
LPT Realty, LLC
NMLS#: 1598647
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Schools
Schools serving 300 1st St S
School District:Tri-City United School District
| Name | Grades | Distance |
|---|---|---|
Montgomery Pre K-8 101 2nd Street Northeast, Montgomery, MN 56069 | 7-8 | 0.3 mi |
Tri-City United High School 700 4th Street Northwest, Montgomery, MN 56069 | 9-12 | 0.8 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 300 1st St S
Tax History
Tax History for 300 1st St S
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,740
16%
$269,500
4%
2023
$4,966
9%
$260,000
4%
2022
$4,562
26%
$248,900
12%
2022
$3,624
-1%
$221,500
41%
2020
$3,650
-1%
$156,600
—
2019
$3,694
3%
$156,600
—
2019
$3,589
-5%
$156,600
—
2018
$3,761
7%
$156,600
10%
2017
$3,513
-14%
$142,700
—
2016
$4,077
-7%
$142,700
—
2015
$4,362
—
$142,700
—
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 300 1st St S
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- Single Family
- Active
- Updated 2 days ago
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- 2Total Baths
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- Lots/Land
- Active
- Updated 2 hours ago
- 102.1Acres
Listed by RE/MAX Advantage Plus
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- Single Family
- Closed
- 6Beds
- 3Total Baths
- 2,136Sq. Ft.
Listed by K.A. Witt Real Estate
Sold by Ferrell Real Estate Group Inc
Sold by Ferrell Real Estate Group Inc
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- 3Beds
- 2Total Baths
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Sold by South Metro Realty
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Sold by Rize Realty
Sold by Rize Realty
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- Closed
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- 2Total Baths
- 1,362Sq. Ft.
Listed by RE/MAX Advantage Plus
Sold by RE/MAX Results
Sold by RE/MAX Results
300 1st Street S, Montgomery, MN 56069 (MLS# 7065550) is a Commercial property. 300 1st Street S is currently listed for $424,900 and was received on May 06, 2026. Want to learn more about 300 1st Street S? Do you have questions about finding other Commercial real estate for sale in Montgomery? You can browse all Montgomery real estate or contact a Coldwell Banker agent to request more information.