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 $1,156 (2025).

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property has been listed for 213 days.

Listed at

$150,000

$99/sqft

Townsite Of Melrose

4 Riverside Avenue, Melrose, MN, 56352

3 Bedrooms1 Bathroom1,512 Square Feet0.17 Acres

Days on market213

Year built1900

Garage spaces2

TypeResidential

Est. $1,500buyer credit when you buy with SODL

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About this home

Enjoy an unbeatable location and outstanding opportunity to build equity with this affordable 3-bedroom home ideally situated across from the river and just one block from shopping and downtown amenities. Outdoor enthusiasts will love the convenience of stepping right out the back door to access the nearby park and bike trail, offering easy recreation and scenic enjoyment year-round. The home features a functional layout with one main-floor bedroom and two additional bedrooms upstairs, providing flexibility for a variety of living needs. A spacious double attached garage offers excellent storage and everyday convenience. The home is equipped with a forced air furnace and window air conditioning for seasonal comfort. Whether you’re a first-time buyer, investor, or someone looking for a well-located home with strong potential, this property offers a fantastic opportunity in an affordable price range with room to make it your own.

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1900

LevelsOne and One Half

Living area1,512 sqft

Above-grade finished1,512 sqft

Below-grade finished0 sqft

Lot size0.17 acres (50x152x50x151)

Days on market213

ListedFeb 26, 2026

MLS #NST7027386

CountyStearns

SubdivisionTownsite Of Melrose

Parcel #66371200000

Facts & features

Interior

Bedrooms: 3
Bathrooms: 1
Bath breakdown: 1 3/4
Heating: Forced Air
Cooling: Window Unit(s)
Appliances: Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories: One and One Half
Garage: 2 spaces · 20x24 · 544 sqft
Parking features: Attached Garage
Patio & porch: Porch
Lot size: 0.17 acres
Lot dimensions: 50x152x50x151

Construction

Property type: Residential
Property subtype: Single Family Residence
Foundation: 920 sqft
Roof: Age 8 Years or Less, Asphalt
Year built: 1900

Utilities

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

Community & HOA

Subdivision: Townsite Of Melrose
HOA: No HOA
School district: Melrose

Financial & listing details

Annual tax: $1,156 (2025)
Listed: Feb 26, 2026
Days on market: 213 · 6 cumulative
Manufactured home: Yes

Interior details

Total bathrooms1

Full baths0

3/4 baths1

Half baths0

1/4 baths0

BasementPartial

HeatingForced Air

CoolingWindow Unit(s)

AppliancesDryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned

DiningKitchen/Dining Room

AccessibilityNone

Special featuresMain Floor Bedroom

Exterior & lot

RoofAge 8 Years or Less, Asphalt

Foundation area920 sqft

Patio/porchPorch

Road frontageCity Street

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage

Garage spaces2

Garage size544 sqft

Financial details

Annual taxes$1,156

Tax year2025

Taxes w/ assessments1156

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number2247

District phone3202564224

High schoolMelrose

SODL flat fee brokerage

$1,500Estimated buyer credit

SODL platform fee $3,000Your buyer credit $1,500

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

$935/mo

Principal & interest$788

Property taxes$96

Home insurance (est.)$50

Down payment

$30,000

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.