Sold price · Closed Oct 20, 2026
502 1st Street, Welcome, MN, 56181
About this home
Welcome home to this clean and move-in ready 3-bedroom bungalow property in a fantastic location! The main floor features two bedrooms, a spacious living room, and comfortable living spaces ready for you to make your own. Recent updates including new carpet and windows add to the home's fresh, inviting appeal. The partially finished basement provides additional living space with a cozy family room featuring a fireplace, plus a separate area that would make an ideal home office or study. Outside, enjoy a private backyard perfect for relaxing or entertaining and a storage shed for storing your outdoor essentials. Conveniently located just 1½ blocks from downtown. A great opportunity for the first time buyer or buyer looking to downsize. Comfortable and convenient living is waiting for its new owner.
Contact us
Home facts
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Bath breakdown
- 1 full / 1 half
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Disposal, Dryer, Water Filtration System, Range, Refrigerator, Water Softener Owned
Property
- Levels / stories
- One
- Garage
- 1 space · 9'8x23'5" · 288 sqft
- Parking features
- Attached Garage
- Exterior features
- Fiber Board
- Pool
- None
- Fencing
- None
Construction
- Property type
- Residential
- Property subtype
- Single Family
- Construction materials
- Block, Frame
- Foundation
- Block · 720 sqft
- Roof
- Age Over 8 Years, Asphalt
- Year built
- 1946
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
- Electric
- Circuit Breakers
Community & HOA
- Subdivision
- Village/Welcome
- HOA
- No HOA
- School district
- 2448 - Martin County West
- High school district
- Martin County West
Financial & listing details
- Annual tax
- $1,988 (2026)
- Listed
- Aug 25, 2026
- Days on market
- 5
- Manufactured home
- Yes
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
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
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
502 1st Street, Welcome, MN, 56181
Comparable homes
For Sale3 Bedrooms1 Bathroom
208 S Dugan Street
$90,000Welcome, MN
Potential $120 credit2 Bedrooms1 Bathroom
210 S Dugan Street
$104,000Welcome, MN
Potential $750 credit3 Bedrooms2 Bathrooms
301 N Dugan Street
$125,000Welcome, MN
Potential $900 credit2 Bedrooms2 Bathrooms
103 Montgomery Street
$130,000Welcome, MN
For Sale3 Bedrooms2 Bathrooms
211 N Dugan Street
$35,250Welcome, MN
Listing information
Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

