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$240,000

  • For Sale
  • Active
  • Duplex
  • 6 Beds
  • 2 Total Baths
  • 2,709 Sq. Ft.
  • 2 Car Garage
  • Updated 3 days ago
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Great investment opportunity in a convenient Owatonna location! This spacious two-unit property offers has a total of 6 bedrooms and 2 bathrooms, providing excellent potential for rental income or owner-occupancy. Each unit offers generous living space and comfortable bedroom accommodations, making this a versatile property for investors or owner occupant. The property sits on a desirable corner lot and includes a detached 2-car garage for additional parking and storage. Conveniently located near schools, parks, shopping, dining and downtown Owatonna. Bring your vision and take advantage of the opportunity to add value to this established multifamily property!

Full Property Details for 725 S Cedar Ave

General

  • Price: $240,000
  • Taxes: $3,832 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7106277
  • Updated: 10/7/2026
  • Added to Site: 57 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 6

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage

Location

  • County: Steele
  • Township: Owatonna
  • Subdivision: Phelps Add
  • Driving Directions: I35 Take Bridge Street Exit, Go East to Cedar Ave, Turn South on Cedar, 725 on East Side

School Information

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

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation Size: 1369
  • Disability Access: None
  • Square Feet: 2,709
  • Above Ground: 2,709 Sq. Ft.
  • Finished Down/Base.: 2,709 Sq. Ft.
  • Year Built: 1894

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Dimensions: common

Financial Considerations

  • Tax Amount: $3,832
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: BLK 5 S 5R OF LOT 10 PHELPS
  • Property ID: 171010518

Listed by RE/MAX Advantage Plus

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— 725 S Cedar Ave —

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NMLS#: 1598647

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Schools serving 725 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 725 S Cedar Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/14/2026
Listed
$240,000
269.23%
MLS
8/31/2021
Sold
$65,000
—
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 725 S Cedar Ave

Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,832
—
$218,400
7%
2026
$3,832
108%
$204,400
60%
2023
$1,842
-17%
$127,700
40%
2022
$2,208
5%
$91,300
-7%
2021
$2,106
1%
$97,902
7%
2020
$2,084
91%
$91,924
6%
2019
$1,090
-37%
$86,730
6%
2018
$1,738
6%
$82,026
-29%
2017
$1,640
—
$115,738
—
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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725 S Cedar Avenue, Owatonna, MN 55060 (MLS# 7106277) is a Duplex property with 6 bedrooms and 0 full bathrooms. 725 S Cedar Avenue is currently listed for $240,000 and was received on August 14, 2026. Want to learn more about 725 S Cedar Avenue? Do you have questions about finding other Duplex real estate for sale in Owatonna? You can browse all Owatonna real estate or contact a Coldwell Banker agent to request more information.

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