$192,000
- 5 Beds
- 2 Baths
- 2,538 Sq Ft
416 S Oak Ave, Owatonna, MN 55060
416 S Oak Ave, Owatonna, MN 55060
2
Owatonna, MN Multifamily Homes & Duplexes for Sale
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$225,000
- 4 Beds
- 2 Baths
- 1,536 Sq Ft
453 Mound St, Owatonna, MN 55060
453 Mound St, Owatonna, MN 55060
About Owatonna
Named after the Dakota word for ‘Straight River,’ Owatonna offers a scenic lifestyle with urban convenience just 65 miles southwest of the Twin Cities. “It’s the perfect blend of small-town charm and modern conveniences,” says Jen Fielding, Realtor with Home Discovery Group. “I love how easy it is to enjoy the outdoors here, whether it's biking the trails, exploring Kaplan’s Woods, or just strolling through the historic downtown.” Owatonna was first occupied by the Dakota people who used the land for hunting. English settlers followed and it wa ...
Home Trends in Owatonna, MN
On average, homes in Owatonna, MN sell after 42 days on the market compared to the national average of 47 days. The average sale price for homes in Owatonna, MN over the last 12 months is $309,764, up 6% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$285,000
Median Single Family Price
$297,500
Median Townhouse Price
$323,500
Average Price Per Sq Ft
$158
Number of Homes for Sale
57
Last 12 months Home Sales
348
Months of Supply
2.00
Median List Price
$299,950
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
5%
In Owatonna, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $192,000 to $225,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Owatonna is $299,950, while the average sale price is $309,764, offering insights into the local housing market. On average, multi-family homes spend 42 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Owatonna, MN.
Owatonna Types of Homes for Sale
Owatonna Real Estate Listings
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