202 Main Street E, Norwood Young America, MN 55397 (MLS# 7049887)
$310,000
Norwood Young America, MN 55397
MLS# 7049887
Status: Pending
7 beds | 4 baths | 3121 sqft
1 / 42
Property Description
Great multifamily investment opportunity, fully rented! Well maintained 4Plex On a large corner lot in downtown Norwood Young America. Two units on the main floor. New furnace & AC on 2022, updated electrical system on 2021. 2025 New water heater. Easy access to highways & schools. 2 parking space for each unit. Plenty of on & off-street parking. 24 hrs. notice for showings.
Details
Maps
Contract Information
Status: Pending
Off Market Date: 2026-08-31
Contingency: None
Current Price: 310000
Original List Price: 350000
ListPrice: 310000
List Date: 2026-04-08
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1860
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 7
Baths Total: 4
Main Floor Total SqFt: 2545
Above Ground SqFt: 2545
Below Grd Total SqFt: 576
Total SqFt: 3121
Foundation Size: 1585
Style: (MF) Four Plex
Total Finished Sqft: 3121.00
Lot Dimensions: 71 X 114
Acres: 0.18
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 202
Street Name: Main
Street Suffix: Street
Street Direction Suffix: E
Postal City: Norwood Young America
County: Carver
State: MN
Zip Code: 55397
Building Information
Finished SqFt Above Ground: 2545
Finished SqFt Below Ground: 576
Income and Expenses
Annual Fuel Expense: 4200
Annual Insurance Expense: 6394.29
Annual Trash Expense: 3000
Annual Water/Sewer Expense: 1500
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
1/4 Baths: 1
Annual Rent: 15000
Finished SqFt: 843
Monthly Rent: 1250
No. of Units Like This: 1
Oth Parking Spaces: 2
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit 2
Furnished?: No
Lease Expiration Date: 2026-07-31
Leased?: Yes
Unit Number: 2
Annual Rent: 15000
Finished SqFt: 960
Full Baths: 1
Monthly Rent: 1250
No. of Units Like This: 1
Oth Parking Spaces: 2
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 4
Unit 3
Furnished?: No
Leased?: Yes
Unit Number: 3
Finished SqFt: 741
Full Baths: 1
No. of Units Like This: 1
Oth Parking Spaces: 2
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 4
Unit 4
Furnished?: No
Leased?: No
Unit Number: 4
# of Fireplaces: 1
3/4 Baths: 1
Finished SqFt: 576
No. of Units Like This: 1
Oth Parking Spaces: 2
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 3
Unit Details
Total Units: 4
Property Features
Accessible: None
Construction Materials: Other
Construction Status: Previously Owned
Electric: Circuit Breakers
Exterior: Metal; Vinyl
Fencing: None
Foundation: Other
Fuel: Electric; Natural Gas
Heating: Forced Air
Laundry: None
Lock Box Type: Combo
Lot Description: Corner Lot; Tree Coverage - Light
Owner Pays: Fuel; Insurance; Lawn; Maintenance/Repair; Taxes; Trash Collection
Parking Characteristics: Gravel Lot
Pool Description: None
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Asphalt Shingles
Sellers Terms: Cash; Conventional; FHA; Other
Sewer: City Sewer - In Street; City Sewer/Connected
Stories: Two
Tenant Pays: Electricity
Unit 1 Appliances: Range; Refrigerator
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Cooling: None
Unit 1 Dining Room Description: Living/Dining Room
Unit 2 Appliances: Range; Refrigerator
Unit 2 Bath Description: Main Floor Full Bath
Unit 2 Cooling: None
Unit 2 Dining Room Description: Living/Dining Room
Unit 3 Amenities: Kitchen Window
Unit 3 Appliances: Range; Refrigerator
Unit 3 Bath Description: Main Floor 3/4 Bath
Unit 3 Cooling: Wall
Unit 3 Dining Room Description: Kitchen/Dining Room
Unit 3 Fireplace Char: Gas Burning
Unit 3 Special Search: Main Floor Bedroom
Unit 4 Appliances: Range; Refrigerator
Unit 4 Bath Description: Main Floor 3/4 Bath
Unit 4 Cooling: None
Unit 4 Dining Room Description: Eat In Kitchen; Kitchen/Dining Room
Unit 4 Fireplace Char: Gas Burning
Water: City Water - In Street; City Water/Connected
Listing Office: eXp Realty
Last Updated: October - 06 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Thursday 8th of October 2026 12:00 AM
218-998-4400
Mohagen Real Estate
Let's Connect
Mohagen Real Estate
sue@MohagenRealEstate.com
Office: 218-998-4400
Cell: 218-731-7376
Mohagen Real Estate is licensed in the State of Minnesota