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$299,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 1.3 Acres
  • Updated 12 hours ago
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Prime commercial opportunity in Norwood Young America! This C-3 zoned property consists of three combined lots, offering exceptional space and flexibility for redevelopment. With strong potential for an apartment complex, mixed-use retail with residential above, or a variety of commercial ventures, this site is ideal for investors and developers. Located in a high-visibility area with significant growth potential, it's a rare chance to bring new energy to the community. Explore the possibilities and capitalize on this versatile property.

Full Property Details for 120 Morse St N

General

  • Price: $299,000
  • Taxes: $4,113 (2026)
  • Status: Active
  • Type: Lots/Land
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7062060
  • Updated: 4/25/2026
  • Added to Site: 2 day(s) ago

Location

  • County: Carver
  • Township: Norwood Young America
  • Driving Directions: Hwy 212 to Faxon, South to Elm Street, West to Morse.

School Information

  • School District: 108 - Central
  • High School District: Central

Utilities

  • Utility Description: Natural Gas Available, None Connected, Sewer Available, Storm Sewer Available, Water Available

Lot Features

  • Lot Size (Acres): 1.3
  • Lot Dimensions: Irregular
  • Frontage: City Street, Curbs, Paved Streets, Storm Sewer
  • Development Status: Finished Lot(s)
  • Zoning: Business/Commercial
  • Lot Description: Irregular Lot

Financial Considerations

  • Tax Amount: $4,113
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: AS SURVEYED P/O FORMER RR R-O-W SITUATED IN NW1/4 DESC AS: BEG AT NW CORN BLK 6 CITY OF NORWOOD, TH N ALONG E LINE MORSE ST 149.85' TH S89*E 354.53' TO WLY LINE FRANKLIN ST TH S ON W LINE FRANKLIN ST 149.87' TO NE CORN BLK 6 TH N89*W ON N LINE BLK 6 355.8' TO PT OF BEG. EXC: BEG AT NE CORN OF BLK 6 TH N89*W ALONG N LINE 74.93' TH N 60.01' TH S89*E 74.93' TO W LINE OF FRANKLIN ST TH S ON W LINE OF FRANKLIN ST 60.01 FT TO PT OF BEG EXC: P/O RR R-O-W DESC AS: BEG AT NW CORN BLK 6 TH NLY ALONG E LINE OF MORSE ST 5' TH ELY PARALLEL WITH N LINE BLK 6 50' TH SLY PARALLEL WITH E LINE MORSE ST 5' TH WL
  • CC&Rs: Yes
  • Restrictions: Open
  • Inclusions: Survey, Survey Stakes, Topographic Map
  • Property ID: 580145250
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 120 Morse St N —

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NMLS#: 1598647

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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 120 Morse St N

School District:Central Public School District
NameGradesDistance
Central Elementary School, Norwood Young America, MN
655 Southwest 7th Street, Norwood Young America, MN 55368
K-50.4 mi
Central Middle School, Norwood Young America, MN
531 Morse Street North, Norwood Young America, MN 55368
6-80.5 mi
Central Senior High School, Norwood Young America, MN
531 Morse Street North, Norwood Young America, MN 55368
9-120.5 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 120 Morse St N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/24/2026
Listed
$299,000
298.67%
MLS
12/12/2024
Sold
$75,000
—
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 120 Morse St N

Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,252
-63%
$221,200
13%
2024
$8,788
24%
$196,200
-1%
2023
$7,094
—
$197,500
6%
2023
$7,094
-60%
$186,900
25%
2021
$17,840
—
$150,100
3%
2021
$17,840
109%
$145,500
—
2020
$8,538
156%
$145,500
5%
2019
$3,338
-6%
$138,600
9%
2018
$3,568
41%
$126,800
39%
2017
$2,526
103%
$91,000
3%
2016
$1,246
5%
$88,500
4%
2015
$1,190
42%
$85,300
85%
2014
$838
—
$46,000
—
2013
$836
—
$46,000
—
View All
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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120 Morse Street N, Norwood Young America, MN 55368 (MLS# 7062060) is a Lots/Land property with a lot size of 1.3 acres. 120 Morse Street N is currently listed for $299,000 and was received on April 24, 2026. This property is listed by Dave Gilmore from our Minnetonka Office.Want to learn more about 120 Morse Street N? Do you have questions about finding other Lots/Land real estate for sale in Norwood Young America? You can browse all Norwood Young America real estate or contact a Coldwell Banker agent to request more information.

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