Income earning opportunity! Invest in your future today. It is not very often that a rental property of this caliber comes along. This 3 unit 6 bedroom property is not only impressively clean, but has been immaculately maintained and updated. Everything from the exterior to the interior including: electrical, plumbing and water pipes have been redone or replaced. The home was moved to the new block foundation and totally renovated in 1995. Since then their have been many more updates and replacements consisting of paint, flooring, fixtures, decking, railings, appliances, and other mechanicals. Another great benefit to this property is that there is room to expand and add additional units to the property grounds. The pipes for sewer and water where configured so they could tie in
Sold for $309,000 on 03/26/25
$309,000
1126 2nd St SE, Wadena, MN 56482
6beds
0baths
3,249sqft
MultiFamily
Built in 1917
-- sqft lot
$-- Zestimate®
$95/sqft
$1,654 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,654/mo
Zestimate® history
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Owner options
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 0
Heating
- Forced air
Appliances
- Included: Dryer
Features
- Basement: Finished
Interior area
- Total interior livable area: 3,249 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 0.32 Acres
Details
- Parcel number: 225400040
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1917
Community & neighborhood
Location
- Region: Wadena
Other
Other facts
- Heat: Baseboard, Radiant, Boiler
- Water: City
- Basement Material: Concrete Block
- Construction Type: Frame/Wood
- Roof: Asphalt Shingles
- Owner Expenses: Electric, Lawn, Maint/Repair, Snow, Fuel, Sewer, Water
- Tenant Expenses: Broadband, Trash
- Construction Status: Previously Owned
- Basement Style: Full
- Unit 1 Applances: Range/Stove, Refrigerator
- Unit 2 Appliances: Range/Stove, Refrigerator
- Unit 4 Appliances: Range/Stove, Refrigerator
- Stories/Levels: 2 Story
- Street Suffix: Street
- Fuel: Natural Gas
- Road Frontage: Curb/Gutters, Paved, City Street
- City/Rural: City
- Unit 1: Leased: Yes
- Unit 2: Leased: Yes
- Street Dir Sfx: SE
- Unit 4: Leased: Yes
- Basement Features: Finished, Egress Windows
- Mechanicals: Water Heater - Gas
- Style: Tri-Plex
- Status: Active
- Parcel Number: 22-540-0040
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2025 | Sold | $309,000+23.6%$95/sqft |
Source: Public Record | ||
| 12/15/2021 | Listing removed | -- |
Source:  NorthstarMLS as distributed by MLS GRID #6009658 | ||
| 12/1/2021 | Listed for sale | $249,900$77/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6009658 | ||
| 7/30/2021 | Listing removed | -- |
Source: MWMMLS | ||
| 6/15/2021 | Listed for sale | $249,900+1370%$77/sqft |
Source: MWMMLS #20-34070 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,702 +3.8% | $217,700 +12.2% |
| 2023 | $3,566 +43.8% | $194,100 +16.5% |
| 2022 | $2,480 -3.3% | $166,600 +101.5% |
Find assessor info on the county website
Neighborhood: 56482
Nearby schools
GreatSchools rating
- 3/10Wadena-Deer Creek Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 6/10Wadena-Deer Creek Senior High SchoolGrades: 7-12Distance: 0.9 mi
- 7/10Wadena-Deer Creek 5th And 6th GradeGrades: 5-6Distance: 0.9 mi
Schools provided by the listing agent
- District: Wadena-Deer Creek #2155
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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