Listed at
$422,500
$170/sqft

Auditors 01

425 W Franklin Street, Morristown, MN, 55052
5  Bedrooms3  Bathrooms2,480  Square Feet1.2  Acres
Days on market242
Year built1989
Garage spaces4
TypeResidential
Est. $9,675buyer credit when you buy with SODL
Interested?

Pick a date to request a showing

Cancel anytime, free.

About this home

Riverfront Privacy with Modern Convenience – 1.20 Acres Discover the perfect mix of seclusion and city access with this tri-level home on a rare 1.20-acre lot along the scenic Cannon River. Located on the outskirts of town, enjoy privacy while still on city water and sewer, plus fiber-optic high-speed internet—ideal for remote work or streaming. This property features 258 feet of river frontage, including a dredged section for easier water access, and backs up to breathtaking natural scenery. Across the street, 180 acres of protected State Wildlife Management Area offer hunting, hiking, and endless outdoor adventures. Inside, the home includes 5 bedrooms and 3 bathrooms spread across multiple levels. The upper level offers three spacious bedrooms, including a primary suite with an en-suite bath. The lower level includes two additional bedrooms, a 3/4 bath, and laundry—perfect for guests, multi-generational living, or a home office. The kitchen is warm and functional with custom cabinetry and updated flooring, and multiple living areas provide flexibility for any lifestyle. Garage & Workshop: An attached insulated garage with floor drain and opener plus a 40’ x 24’ heated, insulated detached garage/workshop gives room for hobbies and storage. Outdoors, enjoy mature trees, open green space, and convenient outlets for seasonal lighting. This riverfront property offers a rare combination of privacy, nature, and modern conveniences—a true retreat with room to grow. Schedule your private showing today!

Contact us

Home facts

Property typeResidential
Property subtypeSingle Family
Year built1989
LevelsThree Level Split
Living area2,480 sqft
Above-grade finished1,500 sqft
Below-grade finished980 sqft
Lot size1.2 acres (irregular)
Days on market242
ListedJan 28, 2026
MLS #NST7014513
CountyRice
SubdivisionAuditors 01
Parcel #2022451010

Facts & features

Interior

Bedrooms
5
Bathrooms
3
Bath breakdown
2 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Water Filtration System, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
Three Level Split
Garage
4 spaces · 1,260 sqft
Parking features
Attached Garage, Detached Garage
Exterior features
Vinyl
Waterfront
River Front
Lot size
1.2 acres

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,500 sqft
Year built
1989

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Auditors 01
HOA
No HOA
School district
2143 - Waterville-Elysian-Morristown
High school district
Waterville-Elysian-Morristown

Financial & listing details

Annual tax
$4,580 (2025)
Listed
Jan 28, 2026
Days on market
242 · 272 cumulative
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths2
3/4 baths1
Half baths0
1/4 baths0
BasementDrain Tiled, Finished, Full, Storage Space, Sump Pump
HeatingForced Air
CoolingCentral Air
AppliancesDishwasher, Dryer, Water Filtration System, Range, Refrigerator, Washer, Water Softener Owned
AccessibilityNone

Exterior & lot

ExteriorVinyl
FoundationBlock
Foundation area1,500 sqft
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Detached Garage
Garage spaces4
Garage size1,260 sqft

Financial details

Annual taxes$4,580
Tax year2025
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District2143 - Waterville-Elysian-Morristown
District number2143
District phone5072753115
High schoolWaterville-Elysian-Morristown
SODL flat fee brokerage
$9,675Estimated buyer credit
SODL platform fee $3,000Your buyer credit $9,675

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

$2,743/mo
Principal & interest$2,220
Property taxes$382
Home insurance (est.)$141
%
$84,500
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

425 W Franklin Street, Morristown, MN, 55052

Comparable homes

Listing information

MLS #NST7014513
StatusActive
Last updatedApr 23, 2026, 9:17 PM
Originally listedJan 29, 2026, 3:07 PM

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.