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$275,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 7 Beds
  • 2 Total Baths
  • 2,182 Sq. Ft.
  • 1 Car Garage
  • Updated 8 hours ago
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The property is an up/down duplex located just south of downtown Pine Island, providing convenient access to Main Street and local amenities. Two- to four-unit opportunities remain limited in southeast Minnesota, and this duplex has demonstrated a strong rental history with minimal vacancy over the past 15 years under current ownership. The main-floor unit offers four bedrooms along with a remodeled kitchen, updated LVP flooring, new appliances, and a new furnace, while the upper unit includes three bedrooms. Both units feature in-unit laundry. Exterior elements include a detached one-car garage, a large covered front porch, and a rear concrete patio. The combination of unit size, recent updates, and long-term rental performance makes this property a practical option for both investors and owner-occupants seeking additional income potential.

Full Property Details for 400 S Main St

General

  • Price: $275,000
  • Taxes: $4,664 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7113128
  • Updated: Today (7/21/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 7

Exterior

  • Porch/Patio/Deck: Front Porch, Patio

Parking

  • Garage: Yes
  • Garage Description: 14' x 24'
  • Garage Spaces: 1
  • Parking Features: Detached Garage, Gravel

Location

  • County: Goodhue
  • Township: Pine Island
  • Subdivision: Auditors
  • Driving Directions: South on Main St, take right on 4th St SW turn into first driveway on left. Blue house on corner.

School Information

  • School District: 255 - Pine Island
  • High School District: Pine Island

Heating & Cooling

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

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Partial, Sump Pump, Unfinished
  • Foundation Size: 392
  • Disability Access: None
  • Square Feet: 2,182
  • Above Ground: 2,182 Sq. Ft.
  • Below Ground: 392 Sq. Ft.
  • Finished Down/Base.: 2,574 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 8,276
  • Lot Dimensions: 66' x 124'
  • Frontage: City Street, Sidewalks
  • Zoning: Business/Commercial

Financial Considerations

  • Operating Expenses: $500
  • Tax Amount: $4,664
  • Tax Year: 2026
  • Owner Pays: None
  • Tenant Pays: All Utilities

Disclosures and Reports

  • Legal Description: A S SW1/4 SW1/4 32 .19 AC DOC#587673 N68FT 7.5IN LOT 2
  • Property ID: 682800011

Listed by RE/MAX Results

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— 400 S Main St —

  • RE/MAX Results

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 400 S Main St

School District:Pine Island Public School District
NameGradesDistance
Pine Island Middle School
223 1st Avenue Southeast, Pine Island, MN 55963
5-80.3 mi
Pine Island Elementary School
8749 County Road 5 Northwest, Pine Island, MN 55963
PK-42.1 mi
Pine Island Secondary
223 1st Avenue Southeast, Pine Island, MN 55963
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 400 S Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/21/2026
Listed
$275,000
467.01%
MLS
8/05/2011
Sold
$48,500
—
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 400 S Main St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$4,664
—
$213,500
—
2024
$4,654
21%
$213,500
3%
2023
$3,858
7%
$206,800
33%
2021
$3,604
-7%
$155,000
-17%
2023
$3,858
7%
$186,800
29%
2021
$3,604
15%
$145,000
6%
2020
$3,126
—
$136,400
9%
2020
$3,126
18%
$125,100
11%
2018
$2,646
15%
$112,800
9%
2016
$2,308
—
$103,700
—
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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400 S Main Street, Pine Island, MN 55963 (MLS# 7113128) is a Duplex property with 7 bedrooms and 0 full bathrooms. 400 S Main Street is currently listed for $275,000 and was received on July 21, 2026. Want to learn more about 400 S Main Street? Do you have questions about finding other Duplex real estate for sale in Pine Island? You can browse all Pine Island real estate or contact a Coldwell Banker agent to request more information.

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