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$225,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1,084 Sq. Ft.
  • 1 Car Garage
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This is a spacious 2 bedroom and one full bathroom newly remodeled home located in a nice neighborhood, on a small city lot, in downtown Princeton, MN. This is a 24' x 36' stucco home with a detached 16' x 20' wood sided garage. Roof shingles were replaced in 2023. There is a new 6' x 6' treated deck leading into a 6' x 16' enclosed porch on the front of the house. All main floor rooms have new laminate plank or luxury vinyl flooring. All plumbing, heating, and electrical have been updated and new energy efficient vinyl windows installed. There is a 24' x 24' partial basement with electric washer and dryer, new natural gas high efficiency 96+ furnace and new water heater installed in 2025, and plenty of space for expansion for a bedroom, family room, and craft area. There is existing roughed-in plumbing for a bathroom. Located just two blocks from the central intersection of Rum River Drive and 1st Street in Princeton a short distance from the Rum River, local golf course, parks, bike trails, library, gym, banks, barber shop and beauty salons, dentist and optical practices, convenience stores/gas stations, and many eating venues. Great investment property or starter home.

Full Property Details for 403 S 3rd St

General

  • Price: $225,000
  • Taxes: $2,826 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7117502
  • Updated: 8/1/2026
  • Added to Site: 18 day(s) ago

Interior

  • Appliances: Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Dining Room: Breakfast Bar
  • Formal Dining Room: Breakfast Bar
  • Laundry: In Basement, Electric Dryer Hookup, Washer Hookup, In Basement, Electric Dryer Hookup, Washer Hookup

Additional Information

  • Amenities: Deck, Kitchen Window, Washer/Dryer Hookup

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Garage Description: 16 x 20
  • Garage Spaces: 1
  • Carport Spaces: 1
  • Parking Features: Detached Garage, Asphalt

Location

  • County: Mille Lacs
  • Township: Princeton
  • Subdivision: Damons Add
  • Driving Directions: Highway 169 N to Rum River Drive exit. Stay on Rum River Drive and take a right on 3rd Street South. First house on the right.

School Information

  • School District: 477 - Princeton
  • High School District: Princeton

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air
  • Heating Fuel: Electric, Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Block, Frame
  • Basement: Yes
  • Basement Desc.: Block, Crawlspace, Daylight/Lookout Windows, Partial, Unfinished
  • Foundation Size: 948
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 1,084
  • Above Ground: 1,084 Sq. Ft.
  • Finished Down/Base.: 1,084 Sq. Ft.
  • Year Built: 1926

Additional Structures

  • Other Structures: Garage(s)

Lot Features

  • Lot Size (Acres): 4,900
  • Lot Dimensions: 68 x 74
  • Frontage: City Street, Paved Streets, Sidewalks
  • Zoning: Residential-Single Family
  • Lot Description: Light Tree Coverage

Financial Considerations

  • Tax Amount: $2,826
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: DAMONS ADDITION W 66 FT OF LOT 6 BLK 8 & E 1/2 OF N-S VAC ALLEY ADJ
  • Property ID: 240410750

Listed by Homecoin.Com

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Schools serving 403 S 3rd St

School District:Princeton Public School District
NameGradesDistance
Princeton Intermediate School
1202 North 7th Street, Princeton, MN 55371
3-50.8 mi
Princeton Primary School
1206 7th Avenue North, Princeton, MN 55371
K-21.4 mi
Princeton Middle School
1100 4th Ave N, Princeton, MN 55371
6-81.2 mi
Princeton Senior High School
807 8th Avenue South, Princeton, MN 55371
9-120.6 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 403 S 3rd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/31/2026
Listed
$225,000
87.5%
MLS
2/06/2024
Sold
$120,000
—
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 403 S 3rd St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,826
20%
$186,800
6%
2023
$2,346
15%
$175,700
1%
2022
$2,036
30%
$174,400
28%
2021
$1,570
4%
$136,700
20%
2020
$1,514
19%
$114,300
7%
2019
$1,268
11%
$106,400
14%
2018
$1,144
13%
$93,700
8%
2017
$1,008
7%
$86,600
100%
2016
$944
—
—
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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403 S 3rd Street, Princeton, MN 55371 (MLS# 7117502) is a Single Family property with 2 bedrooms and 1 full bathroom. 403 S 3rd Street is currently listed for $225,000 and was received on July 31, 2026. Want to learn more about 403 S 3rd Street? Do you have questions about finding other Single Family real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.

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