Listed at
$155,000
$144/sqft

5th Railroad Add

641 Summit Avenue, Balaton, MN, 56115
2  Bedrooms1  Bathroom1,080  Square Feet0.38  Acres
Days on market134
Year built1968
Garage spaces3
TypeResidential
Est. $1,650buyer credit when you buy with SODL
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About this home

Move-in ready and packed with possibilities! This beautifully updated 2 bedroom, 1 bathroom home has been extensively renovated from top to bottom, featuring all new plumbing, electrical, fixtures, doors windows, siding, flooring, sheetrock, water heater complete bathroom renovation and even a new sewer line already in place. The thoughtfully optimized floor plan offers comfortable living with a perfect main floor location for a stackable washer and dryer, plus a bonus room in the 1/4 story that would make a great office, hobby room, guest space, or additional storage area. Outside is where this property really shines- the detached triple stall garage is extra deep and offers incredible flexibility. The oversized third stall features an impressive 12-foot door, making it ideal for campers, boats, trailers, toys or oversized equipment. A steel roof gives you peace of mind for decades to come. Whether you're looking for the perfect owner-occupied setup, extra storage space, or an investment opportunity, this property delivers. Rent the house and each garage stall separately for multiple income streams, or keep part of the garage space for yourself while generating rental income from the rest. Clean, updated, functional, and ready to go- move in and be done!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1968
LevelsOne
Living area1,080 sqft
Above-grade finished1,080 sqft
Below-grade finished0 sqft
Lot size0.38 acres (100x165)
Days on market134
ListedMay 17, 2026
MLS #NST7075021
CountyLyon
Subdivision5th Railroad Add
Parcel #211100320

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Bath breakdown
1 3/4
Heating
Forced Air
Cooling
Window Unit(s)
Basement
None · 0 sqft finished

Property

Levels / stories
One
Garage
3 spaces · 34x42 · 1,324 sqft
Parking features
Detached Garage
Exterior features
Vinyl
Lot size
0.38 acres
Lot dimensions
100x165

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Slab · 864 sqft
Year built
1968

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Electric

Community & HOA

Subdivision
5th Railroad Add
HOA
No HOA
School district
2904 - Tracy Area
High school district
Tracy Area

Financial & listing details

Annual tax
$1,824 (2025)
Listed
May 17, 2026
Days on market
134
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths0
3/4 baths1
Half baths0
1/4 baths0
BasementNone
HeatingForced Air
CoolingWindow Unit(s)
AccessibilityNone

Exterior & lot

ExteriorVinyl
FoundationSlab
Foundation area864 sqft
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelElectric

Parking & garage

ParkingDetached Garage
Garage spaces3
Garage size1,324 sqft

Financial details

Annual taxes$1,824
Tax year2025
Taxes w/ assessments1824
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
$1,650Estimated buyer credit
SODL platform fee $3,000Your buyer credit $1,650

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

$1,018/mo
Principal & interest$815
Property taxes$152
Home insurance (est.)$52
%
$31,000
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

641 Summit Avenue, Balaton, MN, 56115

Listing information

MLS #NST7075021
StatusActive
Last updatedAug 20, 2026, 4:33 PM
Originally listedMay 17, 2026, 7:33 PM
Listing officeEdina 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.