Listed at
$300,000
$101/sqft

Ross-Mere

406 S Rum River Drive, Princeton, MN, 55371
3  Bedrooms4  Bathrooms2,968  Square Feet0.301  Acres
Days on market39
Year built1920
Garage spaces5
TypeResidential
Est. $6,000buyer credit when you buy with SODL
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About this home

This home includes a perfect private mother-in-law Suite on the main floor with Bedroom, Bath, Dining area & Living room. This Suite could also serve those with mobility needs as some doorways are wheelchair-accessible. Suite is divided by a doorway with access to the rest of the home. The mother in-law suite also has a separate and private exterior access by way of charming wrap-around Porch encompassing both the In-law Suite and the main home. This Porch is perfect for your morning cup of coffee or just relaxing & enjoying the view. The main home includes a generous Kitchen with an abundance of Cabinets, Countertops, Hardwood Floors, Ceramic tile Backsplash; an oversized and rustic country-style back Porch/Mud room with potbelly stove, knotty pine walls & ceiling; full Bath with furniture-style Vanity, ceramic tile Floors & updated fixtures; convenient main floor Laundry with both Closet and Cabinet storage; and a Dining/Living Room. The main home includes two separate staircases to two separate Bedroom suites each with a Bedroom, 3/4 Bath, and large Living area. Attached 4 car tandem-deep Garage, and a separate detached single stall Garage with attached Storage Shed. Large well-manicured lawn conveniently located on Main Street within walking distance to restaurants/shopping/retail. Unfinished basement with a legal egress window provides equity building potential along with loads of storage. Per the City of Princeton, the property has multiple - Residential/Rental/Business (ideal for professional service-type business, bring your ideas for your business). Home has been lovingly cared for with tons of updates over the years. A Definite MUST SEE!!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1920
LevelsTwo
Living area2,968 sqft
Above-grade finished2,968 sqft
Below-grade finished0 sqft
Lot size0.301 acres (148x89)
Days on market39
ListedOct 1, 2025
MLS #NST6796302
CountyMille Lacs
SubdivisionRoss-Mere
Parcel #247610060

Facts & features

Interior

Bedrooms
3
Bathrooms
4
Bath breakdown
1 full / 3 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
Two
Garage
5 spaces · 34x20 · 697 sqft
Parking features
Attached Garage, Detached Garage
Patio & porch
Deck, Front Porch, Patio
Exterior features
Vinyl
Other structures
Garage(s), Storage Shed

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block
Foundation
Block · 1,484 sqft
Roof
Age 8 Years or Less, Asphalt
Year built
1920

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers, 100 Amp Service, 200+ Amp Service

Community & HOA

Subdivision
Ross-Mere
HOA
No HOA
School district
477 - Princeton
High school district
Princeton

Financial & listing details

Annual tax
$5,312 (2025)
Listed
Oct 1, 2025
Days on market
39 · 308 cumulative
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths1
3/4 baths3
Half baths0
1/4 baths0
BasementBlock, Egress Window(s), Partial, Unfinished
HeatingForced Air
CoolingCentral Air
LaundryLaundry Room, Main Level
AppliancesDishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
DiningLiving/Dining Room, Separate/Formal Dining Room
AmenitiesCeiling Fan(s), Deck, Hardwood Floors, Main Floor Primary Bedroom, Patio, Porch, Washer/Dryer Hookup, Walk-In Closet
AccessibilityNone
Special featuresAll Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorVinyl
RoofAge 8 Years or Less, Asphalt
FoundationBlock
Foundation area1,484 sqft
Patio/porchDeck, Front Porch, Patio
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningOther

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Detached Garage
Garage spaces5
Garage size697 sqft

Financial details

Annual taxes$5,312
Tax year2025
Taxes w/ assessments5312
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District477 - Princeton
District number477
District phone7633892422
High schoolPrinceton
SODL flat fee brokerage
$6,000Estimated buyer credit
SODL platform fee $3,000Your buyer credit $6,000

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

$2,119/mo
Principal & interest$1,577
Property taxes$443
Home insurance (est.)$100
%
$60,000
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

406 S Rum River Drive, Princeton, MN, 55371

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Listing information

MLS #NST6796302
StatusClosed
Last updatedSep 23, 2026, 6:47 PM
Originally listedOct 3, 2025, 12:00 AM
Listing officeLuke Real Estate

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.