Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $5,420 (2025).

Does this home have a garage?

Yes, this home has a 4-car garage.

How long has this property been on the market?

This property has been listed for 461 days.

No photos available

Listed at

$370,000

$64/sqft

First Add

316 2nd Avenue, Aitkin, MN, 56431

8 Bedrooms5 Bathrooms5,742 Square Feet1.03 Acres

Days on market461

Year built1899

Garage spaces4

TypeResidential

Est. $8,100buyer credit when you buy with SODL

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About this home

Be the next chapter in the 120+ year history of this beautiful home! Built in 1899 as a single family home, it was later converted to a catholic school (1939-1968). Later this home was used to house disabled adults and most recently it was restored and intended to be used as a bed and breakfast. This home is packed with original fixtures, built ins and orginal fireplaces. Every corner has history and memories. Electrical and plumbing has been brought up to code. This home offers 8 bedrooms, 5 bathrooms, 4 levels and piles of living rooms! There have been many updates made to the property while still protecting its beautiful history. In addition there is a massive garage/shop with 4 garage doors, power, water and sewer connected. The garage's loft is ready to turn into a large studio apartment. Home sits a large 1 acre lot, Opportunities - could be a great single family home - could be amazing airbnb or bed and breakfast - could be a great recovery home for adults with disabilities - could be a great multi family home. Endless opportunities!

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1899

LevelsMore Than 2 Stories

Living area5,742 sqft

Above-grade finished5,742 sqft

Below-grade finished0 sqft

Lot size1.03 acres (Irregular)

Days on market461

ListedJun 24, 2025

MLS #NST6744485

CountyAitkin

SubdivisionFirst Add

Parcel #561037101

Facts & features

Interior

Bedrooms: 8
Bathrooms: 5
Bath breakdown: 4 full / 1 half
Heating: Boiler
Cooling: None
Basement: Other · 0 sqft finished

Property

Levels / stories: More Than 2 Stories
Garage: 4 spaces · 3,500 sqft
Parking features: Detached
Lot size: 1.03 acres
Lot dimensions: Irregular
Accessibility: Other

Construction

Property type: Residential
Property subtype: Single Family Residence
Construction materials: Other
Foundation: 1,740 sqft
Year built: 1899

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected

Community & HOA

Subdivision: First Add
HOA: No HOA
School district: Aitkin

Financial & listing details

Annual tax: $5,420 (2025)
Tax with assessments: 5420.0000
Listed: Jun 24, 2025
Days on market: 461 · 62 cumulative

Interior details

Total bathrooms5

Full baths4

3/4 baths0

Half baths1

1/4 baths0

BasementOther

HeatingBoiler

CoolingNone

Fireplaces2

AccessibilityOther

Exterior & lot

Foundation area1,740 sqft

ZoningOther

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

Parking & garage

ParkingDetached

Garage spaces4

Garage size3,500 sqft

Financial details

Annual taxes$5,420

Tax year2025

Taxes w/ assessments5420.0000

Assessment pendingNo

Down payment resourceY

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number8001

District phone218-927-2115

High schoolAitkin

SODL flat fee brokerage

$8,100Estimated buyer credit

SODL platform fee $3,000Your buyer credit $8,100

Buyer-side commission

3.0%

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

$2,520/mo

Principal & interest$1,945

Property taxes$452

Home insurance (est.)$123

Down payment

$74,000

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.