Listed at
$139,900
$106/sqft

Phelps Add

238 Prospect Street, Owatonna, MN, 55060
4  Bedrooms1  Bathroom1,314  Square Feet0.479  Acres
Days on market88
Year built1880
Garage spaces2
TypeResidential
Est. $1,197buyer credit when you buy with SODL
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About this home

This home is ready for its next chapter! This 3 bed, 1 bath story and a half home offers plenty of potential for the buyer looking to build equity and make a space their own. Featuring main floor laundry, central furnace and air conditioning, and a functional layout, the groundwork is already in place for your vision. Situated on a spacious 0.47-acre lot, you'll have room to expand, garden, entertain, or simply enjoy the extra outdoor space. A detached 2-stall garage provides additional storage and convenience. Whether you're a first-time buyer, investor, or someone looking for a rewarding project, this property is packed with possibilities and waiting for a fresh start.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1880
LevelsOne and One Half
Living area1,314 sqft
Above-grade finished1,314 sqft
Below-grade finished0 sqft
Lot size0.479 acres (157 x 132)
Days on market88
ListedJul 2, 2026
MLS #NST7101673
CountySteele
SubdivisionPhelps Add
Parcel #171010615

Facts & features

Interior

Bedrooms
4
Bathrooms
1
Bath breakdown
1 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dryer, Gas Water Heater, Range, Refrigerator, Washer

Property

Levels / stories
One and One Half
Garage
2 spaces · 440 sqft
Parking features
Detached Garage
Patio & porch
Porch
Exterior features
Wood
Other structures
Storage Shed

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Stone
Foundation
Stone · 714 sqft
Roof
Age 8 Years or Less, Asphalt
Year built
1880

Utilities

Water
City Water/Connected
Sewer
City Sewer - In Street
Fuel
Natural Gas
Electric
100 Amp Service

Community & HOA

Subdivision
Phelps Add
HOA
No HOA
School district
761 - Owatonna
High school district
Owatonna

Financial & listing details

Annual tax
$2,568 (2026)
Listed
Jul 2, 2026
Days on market
88 · 42 cumulative
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementUnfinished
HeatingForced Air
CoolingCentral Air
LaundryLaundry Room
AppliancesDryer, Gas Water Heater, Range, Refrigerator, Washer
DiningInformal Dining Room
AccessibilityNone
Special featuresMain Floor Laundry

Exterior & lot

ExteriorWood
RoofAge 8 Years or Less, Asphalt
FoundationStone
Foundation area714 sqft
Patio/porchPorch
Lot featuresTree Coverage - Light
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer - In Street
FuelNatural Gas

Parking & garage

ParkingDetached Garage
Garage spaces2
Garage size440 sqft

Financial details

Annual taxes$2,568
Tax year2026
Taxes w/ assessments2568
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District761 - Owatonna
District number761
District phone5074448610
High schoolOwatonna
SODL flat fee brokerage
$1,197Estimated buyer credit
SODL platform fee $3,000Your buyer credit $1,197

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

$996/mo
Principal & interest$735
Property taxes$214
Home insurance (est.)$47
%
$27,980
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

238 Prospect Street, Owatonna, MN, 55060

Listing information

MLS #NST7101673
StatusPending
Last updatedAug 13, 2026, 3:54 PM
Originally listedJul 2, 2026, 12:25 PM
Listing officeRE/MAX Venture

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.