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$343,000

  • Sold
  • Closed
  • Apartment
  • 4,792 Sq. Ft.
  • 0.46 Acres
See This Home
Save This Home
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Income-Producing 7 unit property in the Heart of Owatonna! Discover this exceptional cash-flow-generating property perfectly situated in the vibrant heart of Owatonna. Boasting historic charm with updates throughout, this property is an ideal investment for those seeking minimal maintenance and steady income. Upgrades include a new roof, newer energy-efficient windows, and fresh paint throughout, ensuring long-term durability and appeal. The property's historic character shines through with unique architectural details, while thoughtful updates enhance its functionality and desirability. Whether you're a seasoned investor or a first-time buyer, this property offers an incredible opportunity to generate income while owning a piece of Owatonna's rich history. Don't miss out on this rare find! Contact us today for a private tour or more details.

Full Property Details for 717 S Cedar Ave

General

  • Sold For: $343,000
  • Taxes: $3,704 (2024)
  • Status: Closed
  • Type: Apartment
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6653271
  • Added to Site: 390 day(s) ago

Parking

  • Parking Features: Gravel, Unassigned, Open

School Information

  • School District: 761 - Owatonna
  • High School District: Owatonna

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Baseboard
  • Heating Fuel: Electric

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Financial Considerations

  • Tax Amount: $3,704
  • Tax Year: 2024
  • Owner Pays: Electricity, Fuel, Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Taxes
  • Pays Electric: Owner Pays

Disclosures and Reports

  • Legal Description: BLK 5 N 5R OF LOTS 9 & 10 & COM NW COR L10 N8.25' E15R S8.25' W15' TO BEG EX COM 5R N & 1R W OF SE COR L9 W4R N9' E4R S9' TO BEG
  • Inclusions: Fixture/Equipment, Leases
  • Property ID: 171010519

Listed by Berkshire Hathaway Advantage Real Estate
Sold by Edina Realty, Inc.

Listing agent

— 717 S Cedar Ave —

  • Berkshire Hathaway Advantage Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 717 S Cedar Ave

School District:Owatonna Public School District
NameGradesDistance
Lincoln Elementary School, Owatonna, MN
747 Havana Road, Owatonna, MN 55060
K-50.9 mi
Owatonna Junior High School
500 15th Street Northeast, Owatonna, MN 55060
6-81.7 mi
Owatonna Senior High School
333 East School Street, Owatonna, MN 55060
9-120.3 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 717 S Cedar Ave

Date
Details
Price
Change
Source
5/30/2025
Sold
$343,000
-4.7%
MLS
3/26/2025
Price Reduced
$359,900
-9.57%
MLS
3/05/2025
Price Reduced
$398,000
-8.51%
MLS
2/24/2025
Price Reduced
$435,000
-1.69%
MLS
1/27/2025
Listed
$442,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Berkshire Hathaway Advantage Real Estate
Sold by Edina Realty, Inc.

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717 S Cedar Avenue, Owatonna, MN 55060 (MLS# 6653271) is a Apartment property that was sold at $343,000 on May 30, 2025. Want to learn more about 717 S Cedar Avenue? Do you have questions about finding other Apartment real estate for sale in Owatonna? You can browse all Owatonna real estate or contact a Coldwell Banker agent to request more information.