Listed at
$144,000
$114/sqft

501 Prospect Street

501 Prospect Street, Milroy, MN, 56263
3  Bedrooms2  Bathrooms1,265  Square Feet0.16  Acres
Days on market40
Year built2000
Garage spaces2
TypeResidential
Est. $1,320buyer credit when you buy with SODL
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About this home

Open floor plan offering 2 bedrooms, full bath and laundry on upper/main level - also accessible via chair stair lift. Seller will remove prior to closing if not requested in offer. Main level bedroom (#3), office and bonus or family room plus 3/4 bath. Emjoy the deck off of dining area or the paver patio out back (which features electrical for hot tub!) Shed is spacious 12' x 15' with overhead roller door. Propane tank is owned. You will love all of the gorgeous perennials, establish rhubarb, raspberries grapes and red currants! Check out the peace and quite of small town living. Neighborhood bar and grill, gas station/mini mart and post office make life easy!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2000
LevelsSplit Entry (Bi-Level)
Living area1,265 sqft
Above-grade finished1,265 sqft
Below-grade finished0 sqft
Lot size0.16 acres (65 x 140)
Days on market40
ListedJun 8, 2026
MLS #NST7089346
CountyRedwood
Parcel #852000500

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air, Other
Cooling
Central Air
Appliances
Disposal, Dryer, Fuel Tank - Owned, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
Split Entry (Bi-Level)
Garage
2 spaces · 11.5x1 and11.5x29 · 540 sqft
Parking features
Attached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Tuckunder Garage
Patio & porch
Deck, Patio
Exterior features
Wood
Fencing
Full, Wire

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block · 840 sqft
Roof
Age 8 Years or Less, Asphalt
Year built
2000

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Electric, Propane
Electric
200+ Amp Service

Community & HOA

HOA
No HOA
School district
2904 - Tracy Area
High school district
Tracy Area

Financial & listing details

Annual tax
$2,154 (2026)
Tax with assessments
2222
Listed
Jun 8, 2026
Days on market
40 · 24 cumulative
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementNone
HeatingForced Air, Other
CoolingCentral Air
LaundryLaundry Closet
AppliancesDisposal, Dryer, Fuel Tank - Owned, Range, Refrigerator, Washer, Water Softener Owned
DiningEat In Kitchen, Kitchen/Dining Room
AmenitiesCable, Ceiling Fan(s), Deck, Kitchen Window, Natural Woodwork, Patio, Tile Floors, Washer/Dryer Hookup
AccessibilityStair Chair Lift
Special features2nd Floor Laundry, Main Floor Bedroom

Exterior & lot

ExteriorWood
RoofAge 8 Years or Less, Asphalt
FoundationBlock
Foundation area840 sqft
Patio/porchDeck, Patio
Lot featuresTree Coverage - Light
Road frontagePaved Streets
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelElectric, Propane

Parking & garage

ParkingAttached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Tuckunder Garage
Garage spaces2
Garage size540 sqft

Financial details

Annual taxes$2,154
Tax year2026
Taxes w/ assessments2222
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District2904 - Tracy Area
District number2904
District phone5076295500
High schoolTracy Area
SODL flat fee brokerage
$1,320Estimated buyer credit
SODL platform fee $3,000Your buyer credit $1,320

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

$984/mo
Principal & interest$757
Property taxes$180
Home insurance (est.)$48
%
$28,800
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

501 Prospect Street, Milroy, MN, 56263

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Listing information

MLS #NST7089346
StatusClosed
Last updatedAug 27, 2026, 12:03 PM
Originally listedJun 23, 2026, 8:15 PM
Listing officeKeller Williams Preferred Realty

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.