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$350,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 7 Total Beds
  • Updated 3 hours ago
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Great multifamily investment opportunity, fully rented! Well maintained 4Plex On a large corner lot in downtown Norwood Young America. Two units on the main floor. New furnace & AC on 2022, updated electrical system on 2021. 2025 New water heater. Easy access to highways & schools. 2 parking space for each unit. Plenty of on & off-street parking. 24 hrs. notice for showings.

Full Property Details for 202 Main Street E

General

  • Price: $350,000
  • Taxes: $3,864 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7049887
  • Updated: 4/10/2026
  • Added to Site: 2 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: None, None

Parking

  • Parking Features: Gravel, More Parking Onsite for Fee

Location

  • County: Carver
  • Township: Norwood Young America
  • Driving Directions: Hwy 5 or Highway 212 to Young American to 202 East Main Street.

School Information

  • School District: 647 - Central
  • High School District: Central

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected, City Sewer in Street
  • Water: City Water (Connected), City Water (In-Street)

Structural Information

  • Exterior Const.: Other
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished
  • Foundation Size: 1585
  • Roof: Age Over 8 Years, Asphalt
  • Disability Access: None
  • Square Feet: 3,121
  • Above Ground: 2,545 Sq. Ft.
  • Below Ground: 576 Sq. Ft.
  • Finished Down/Base.: 3,121 Sq. Ft.
  • Year Built: 1860

Unit Information

  • Units w/Refrigerators: 4

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Dimensions: 71 x 114
  • Frontage: City Street
  • Zoning: Residential-Multi-Family
  • Lot Description: Corner Lot, Light Tree Coverage

Financial Considerations

  • Tax Amount: $3,864
  • Tax Year: 2025
  • Terms: Conventional, FHA, Cash, Other
  • Owner Pays: Fuel, Insurance, Grounds Care, Repairs, Taxes, Trash Collection
  • Tenant Pays: Electricity
  • Pays Electric: Tenant Pays
  • Pays Trash: Owner Pays

Disclosures and Reports

  • Legal Description: Sect-11 Twp-115 Range-026 CITY LOTS OF YOUNG AMERICA Block-009 W 71' OF LOT 2 & 3 EXC: N 18' OF LOT 2 OLD # 95.0500500
  • Property ID: 580510460

Listed by eXp Realty

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— 202 Main Street E —

  • eXp Realty

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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 202 Main Street E

School District:Central Public School District
NameGradesDistance
Central Elementary School, Norwood Young America, MN
655 Southwest 7th Street, Norwood Young America, MN 55368
K-50.9 mi
Central Middle School, Norwood Young America, MN
531 Morse Street North, Norwood Young America, MN 55368
6-80.8 mi
Central Senior High School, Norwood Young America, MN
531 Morse Street North, Norwood Young America, MN 55368
9-120.8 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 202 Main Street E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/08/2026
Listed
$350,000
-5.02%
MLS
3/19/2024
Sold
$368,500
—
Public Record
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 202 Main Street E

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,864
2%
$242,700
18%
2024
$3,788
30%
$206,500
—
2023
$2,920
—
$206,500
24%
2023
$2,920
-2%
$167,000
2%
2021
$2,972
—
$163,700
11%
2021
$2,972
10%
$147,300
—
2020
$2,712
13%
$147,300
7%
2019
$2,390
2%
$137,600
7%
2018
$2,354
-1%
$129,000
—
2017
$2,374
-8%
$129,100
-12%
2016
$2,582
4%
$147,500
3%
2015
$2,482
-4%
$142,700
2%
2014
$2,574
4%
$139,500
3%
2013
$2,478
—
$134,800
—
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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Listed by eXp Realty

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202 Main Street E, Norwood Young America, MN 55397 (MLS# 7049887) is a Multi-Family property with 4 units containing 7 bedrooms and 0 full bathrooms. 202 Main Street E is currently listed for $350,000 and was received on April 08, 2026. Want to learn more about 202 Main Street E? Do you have questions about finding other Multi-Family 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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