Pending
$169,900
$98/sqft

409 Summit Avenue

409 Summit Avenue, Silver Lake, MN, 55381
2  Bedrooms2  Bathrooms1,728  Square Feet0.29  Acres
Days on market22
Year built1956
Garage spaces1
TypeResidential
Est. $2,097buyer credit when you buy with SODL

About this home

Charming 1950’s Rambler with Endless Potential – Priced to Sell! Step into this classic 2-bedroom, 2-bath rambler offering 1,080 sq. ft. of well-maintained living space. Lovingly cared for by a long-time owner, this home retains its original character and is ready for your personal touch. Features include: • Separate basement entrance – ideal for multi-tenant living or creating an income suite (property is zoned for both single-family and multi-tenant use). • Spacious backyard – perfect for outdoor entertaining or future expansion. • Solid structure with vintage charm, providing a fantastic canvas for updates and customization. This AS-IS property is priced to sell and offers unlimited potential for investors, renovators, or anyone looking to create their dream home. Don’t miss this opportunity to own a piece of mid-century history with modern possibilities!

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Home facts

Property typeResidential
Property subtypeSingle Family Residence
Year built1956
LevelsOne
Living area1,728 sqft
Above-grade finished1,080 sqft
Below-grade finished648 sqft
Lot size0.29 acres (98x129)
Days on market22
ListedDec 23, 2025
MLS #NST7001175
CountyMcLeod
Parcel #190800290

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Baseboard, Boiler, Hot Water
Cooling
Ductless Mini-Split
Appliances
Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
One
Garage
1 space · 16x22 · 352 sqft
Parking features
Attached Garage, Carport
Other structures
Storage Shed
Lot size
0.29 acres
Lot dimensions
98x129

Construction

Property type
Residential
Property subtype
Single Family Residence
Foundation
1,080 sqft
Roof
Age 8 Years or Less, Asphalt
Year built
1956

Utilities

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

Community & HOA

HOA
No HOA
School district
Glencoe-Silver Lake

Financial & listing details

Annual tax
$2,996 (2025)
Listed
Dec 23, 2025
Days on market
22
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementBlock, Drain Tiled, Partially Finished, Sump Basket, Sump Pump
HeatingBaseboard, Boiler, Hot Water
CoolingDuctless Mini-Split
LaundryIn Basement
AppliancesDryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
DiningInformal Dining Room
AccessibilityNone

Exterior & lot

RoofAge 8 Years or Less, Asphalt
Foundation area1,080 sqft
Lot featuresCorner Lot
Road frontageCity Street
ZoningResidential-Multi-Family,Residential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Carport
Garage spaces1
Garage size352 sqft

Financial details

Annual taxes$2,996
Tax year2025
Taxes w/ assessments2996
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number1288
District phone3208642498
High schoolGlencoe-Silver Lake
SODL flat fee brokerage
$2,097Estimated buyer credit
SODL platform fee $3,000Your buyer credit $2,097

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

$1,199/mo
Principal & interest$893
Property taxes$250
Home insurance (est.)$57
%
$33,980
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

409 Summit Avenue, Silver Lake, MN, 55381

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Listing information

MLS #NST7001175
StatusPending
Last updatedJan 14, 2026, 9:14 PM
Originally listedDec 23, 2025, 1:50 PM
Listing officeHometown 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.