Sold / Closed
$319,900

Sold price · Closed Jun 10, 2026

$117/sqft

Phelps Add

815 S Elm Avenue, Owatonna, MN, 55060
6  Bedrooms3  Bathrooms2,736  Square Feet0.203  Acres
Days on market8
Year built1939
Garage spaces2
TypeResidential
Est. $6,597buyer credit when you buy with SODL

About this home

Don’t miss this rare and versatile opportunity to own a property that truly stands out! Offering a total of 6 bedrooms and 3 bathrooms, this unique home provides endless possibilities for owner-occupants, investors, or multi-generational living. The main level features 4 bedrooms and 2 bathrooms, offering spacious, comfortable living, while the upper level provides a completely separate living area with its own kitchen, 2 bedrooms, and a bathroom—perfect for rental income, extended family, or private guest space. Whether you choose to live on the main level and generate rental income, or maximize the investment potential of the entire property, the flexibility here is hard to find. Inside, you’ll be welcomed by large windows that flood the home with beautiful natural light, hardwood floors, and TONS of character throughout. This home has been thoughtfully updated for peace of mind, including a new furnace, A/C, water heater, and updated sump pump, blending classic charm with modern reliability. With space, updates, and income potential all wrapped into one, this is a truly rare find in town. Opportunities like this don’t come around often — schedule your showing today and explore all the possibilities!

Contact us

Home facts

Property typeResidential
Property subtypeSingle Family
Year built1939
LevelsOne and One Half
Living area2,736 sqft
Above-grade finished2,336 sqft
Below-grade finished400 sqft
Lot size0.203 acres (66x66)
Days on market8
ListedApr 10, 2026
MLS #NST7037109
CountySteele
SubdivisionPhelps Add
Parcel #171010701

Facts & features

Interior

Bedrooms
6
Bathrooms
3
Bath breakdown
2 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer

Property

Levels / stories
One and One Half
Garage
2 spaces · 20x26 · 520 sqft
Parking features
Detached Garage, Concrete
Exterior features
Shakes, Vinyl
Fencing
Chain Link
Lot size
0.203 acres

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,308 sqft
Roof
Asphalt
Year built
1939

Utilities

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

Community & HOA

Subdivision
Phelps Add
HOA
No HOA
School district
761 - Owatonna
High school district
Owatonna

Financial & listing details

Annual tax
$3,844 (2026)
Listed
Apr 10, 2026
Days on market
8
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths2
3/4 baths1
Half baths0
1/4 baths0
BasementBlock, Egress Window(s), Finished, Partially Finished, Sump Pump, Unfinished
HeatingForced Air
CoolingCentral Air
LaundryIn Basement, Lower Level, In Unit
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer
DiningInformal Dining Room
AmenitiesHardwood Floors
AccessibilityNone
Special features3 BR on One Level

Exterior & lot

ExteriorShakes, Vinyl
RoofAsphalt
FoundationBlock
Foundation area1,308 sqft
Lot featuresTree Coverage - Light
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Concrete
Garage spaces2
Garage size520 sqft

Financial details

Annual taxes$3,844
Tax year2026
Taxes w/ assessments3844
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District761 - Owatonna
District number761
District phone5074448610
High schoolOwatonna
SODL flat fee brokerage
$6,597Estimated buyer credit
SODL platform fee $3,000Your buyer credit $6,597

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

$2,108/mo
Principal & interest$1,681
Property taxes$320
Home insurance (est.)$107
%
$63,980
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

815 S Elm Avenue, Owatonna, MN, 55060

Comparable homes

Listing information

MLS #NST7037109
StatusClosed
Last updatedJun 11, 2026, 2:53 PM
Originally listedApr 10, 2026, 8:55 AM
Listing officeeXp 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.