Listed at
$225,000
$160/sqft

Plato

16 1st Street, Plato, MN, 55370
2  Bedrooms2  Bathrooms1,404  Square Feet0.177  Acres
Days on market229
Year built1880
Garage spaces1
TypeResidential
Est. $3,750buyer credit when you buy with SODL
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About this home

Charming, move-in ready home located in the heart of a quaint small town. At just over 1,400 sq ft, this two bedroom, two bathroom home is perfect for someone just starting out or looking to downsize. Updates since 2018 include: fresh paint and flooring, an updated, private primary suite on the upper level complete with a bathroom and walk in shower, updated main floor bath, new A/C unit ('22), water heater ('23), Culligan water filtration system ('21) and new garage door opener and insulated garage door ('25). The single stall garage is finished—insulated and heated. The flat lot offers space to add a second garage, if desired, or utilize the large concrete pad to park other vehicles or toys. Located near the city park, fire station and downtown businesses, this home is close to it all. Properties in this condition and at this price point don't come around often. Don't miss your chance!

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Home facts

Property typeResidential
Property subtypeSingle Family Residence
Year built1880
LevelsTwo
Living area1,404 sqft
Above-grade finished1,404 sqft
Below-grade finished0 sqft
Lot size0.177 acres (50x154)
Days on market229
ListedFeb 12, 2026
MLS #NST7020479
CountyMcLeod
SubdivisionPlato
Parcel #180500420

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air
Cooling
Central Air, Wall Unit(s)
Appliances
Water Filtration System, Microwave, Range, Refrigerator, Water Softener Owned

Property

Levels / stories
Two
Garage
1 space · 14x22 · 308 sqft
Parking features
Attached Garage, Concrete, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage
Lot size
0.177 acres
Lot dimensions
50x154
Lot features
Corner Lot, Tree Coverage - Medium

Construction

Property type
Residential
Property subtype
Single Family Residence
Foundation
904 sqft
Roof
Age Over 8 Years, Asphalt
Year built
1880

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Plato
HOA
No HOA
School district
Glencoe-Silver Lake

Financial & listing details

Annual tax
$1,642 (2025)
Listed
Feb 12, 2026
Days on market
229
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementBlock, Partial, Sump Pump
HeatingForced Air
CoolingCentral Air, Wall Unit(s)
AppliancesWater Filtration System, Microwave, Range, Refrigerator, Water Softener Owned
DiningInformal Dining Room, Kitchen/Dining Room
AmenitiesCeiling Fan(s), Kitchen Window, Washer/Dryer Hookup, Walk-In Closet
AccessibilityNone
Special featuresMain Floor Bedroom, Primary Bdr Suite

Exterior & lot

RoofAge Over 8 Years, Asphalt
Foundation area904 sqft
Lot featuresCorner Lot, Tree Coverage - Medium
Road frontageCity Street, Curbs, Paved Streets, Street Lights
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage
Garage spaces1
Garage size308 sqft

Financial details

Annual taxes$1,642
Tax year2025
Taxes w/ assessments1642
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number1288
District phone3208642498
High schoolGlencoe-Silver Lake
SODL flat fee brokerage
$3,750Estimated buyer credit
SODL platform fee $3,000Your buyer credit $3,750

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,394/mo
Principal & interest$1,182
Property taxes$137
Home insurance (est.)$75
%
$45,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

16 1st Street, Plato, MN, 55370

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Listing information

MLS #NST7020479
StatusPending
Last updatedFeb 23, 2026, 4:50 PM
Listing officeEdina Realty, Inc.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.