
Sold price · Closed Jun 10, 2026
Phelps Add
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
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
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
815 S Elm Avenue, Owatonna, MN, 55060
Comparable homes
Est. $5,397 credit3 Bedrooms2 Bathrooms
240 South Street
$279,900Owatonna, MN
Est. $5,397 credit3 Bedrooms2 Bathrooms
122 University Street
$279,900Owatonna, MN
Est. $5,547 credit3 Bedrooms2 Bathrooms
139 Phelps Street
$284,900Owatonna, MN
Est. $4,680 credit3 Bedrooms3 Bathrooms
338 South Street
$256,000Owatonna, MN
Est. $4,950 credit5 Bedrooms2 Bathrooms
339 South Street
$265,000Owatonna, MN
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
