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$299,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 2,282 Sq. Ft.
  • 2 Car Garage
  • Updated 11 hours ago
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Welcome to 921 N Payne Street in New Ulm! This spacious 4 bedroom, 2 bathroom home offers over 2,300 finished square feet along with a unique opportunity for both homeowners and investors alike. The main level features comfortable everyday living with fresh paint updates throughout the kitchen, dining room, living room, and bedroom spaces, creating a bright and inviting feel from the moment you walk in. The home also features durable steel siding for added curb appeal and low-maintenance exterior living. Downstairs, the home truly stands out with a licensed lower-level rental setup complete with its own kitchenette, living room, bedroom with newly added egress window, 3/4 bathroom, and walkout access. Whether you're looking to offset your mortgage through rental income, create a private space for multigenerational living, or expand your investment portfolio, this flexible layout opens the door to multiple possibilities. The basement also features an additional bonus room that could be converted into a 5th bedroom, used as an indoor workshop, home gym, office, or provide valuable extra storage space depending on your needs. Additional updates include a new kitchen faucet, added basement screen door, and exterior paint improvements. The attached 2-stall garage, functional layout, and established neighborhood location make this property an attractive option for owner-occupants and investors alike. Homes with income-producing potential like this are hard to find in New Ulm. Schedule your showing today!

Full Property Details for 921 N Payne St

General

  • Price: $299,900
  • Taxes: $2,732 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7079613
  • Updated: 5/27/2026
  • Added to Site: 1 day(s) ago

Interior

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Dining Room: Separate Formal Dining Room
  • Formal Dining Room: Separate/Formal Dining Room
  • Laundry: In Basement, In Basement

Additional Information

  • Amenities: Ceiling Fan(s), Main Floor Primary Bedroom, Patio

Exterior

  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Garage Description: 25 x 23
  • Garage Spaces: 2
  • Parking Features: Detached Garage

Location

  • County: Brown
  • Township: New Ulm
  • Subdivision: North Of Center
  • Driving Directions: From Broadway/Highway 14 in New Ulm, head north on N Broadway Street, turn left onto Payne Street, and continue to 921 N Payne Street. The home will be on your right.

School Information

  • School District: 88 - New Ulm
  • High School District: New Ulm

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Egress Window(s), Finished, Full, Single Tenant Access, Storage/Locker, Walk-Out
  • Foundation Size: 1218
  • Roof: Age Over 8 Years
  • Disability Access: None
  • Square Feet: 2,282
  • Above Ground: 1,218 Sq. Ft.
  • Below Ground: 1,218 Sq. Ft.
  • Finished Down/Base.: 2,436 Sq. Ft.
  • Year Built: 1964

Additional Structures

  • Other Structures: Garage(s)

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Dimensions: 165 x 50
  • Frontage: City Street
  • Zoning: Residential-Single Family
  • Lot Description: Medium Tree Coverage

Financial Considerations

  • Tax Amount: $2,732
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: NORTH OF CENTER LOT-006 BLOCK-191
  • Property ID: 100119106060

Listed by Keller Williams Preferred Rlty

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— 921 N Payne St —

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Schools serving 921 N Payne St

School District:New Ulm Public School District
NameGradesDistance
Washington Elementary School, New Ulm, MN
910 14th North Street, New Ulm, MN 56073
4-60.4 mi
Jefferson Elementary School, New Ulm, MN
318 South Payne Street, New Ulm, MN 56073
PK-31.1 mi
New Ulm High School
1600 Oak Street, New Ulm, MN 56073
7-120.6 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 921 N Payne St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/26/2026
Listed
$299,900
66.7%
MLS
5/26/2022
Sold
$179,900
—
Public Record
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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 921 N Payne St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,772
—
$212,900
1%
2026
$2,772
10%
$211,200
5%
2023
$2,528
1%
$201,000
13%
2023
$2,498
—
$177,500
22%
2023
$2,498
19%
$145,900
—
2020
$2,096
7%
$146,100
6%
2019
$1,960
3%
$137,700
1%
2018
$1,904
9%
$136,400
9%
2017
$1,748
11%
$125,200
8%
2016
$1,574
—
$115,533
—
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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921 N Payne Street, New Ulm, MN 56073 (MLS# 7079613) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 921 N Payne Street is currently listed for $299,900 and was received on May 26, 2026. Want to learn more about 921 N Payne Street? Do you have questions about finding other Single Family real estate for sale in New Ulm? You can browse all New Ulm real estate or contact a Coldwell Banker agent to request more information.

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