$299,000
$11K PRICE DROP

602 3rd St N Princeton, MN 55371

Estimated payment $1,768/month

Total Views 5,982
5 Beds
3 Baths
2,568 Sq Ft
$116 Price per Sq Ft

About This Home

Up/down duplex in Princeton. Renovated interior. New vinyl siding. 3 BR / 2 BA main floor unit. 2 BR / 1 BA 2nd floor unit. Separate electricity. Forced air furnace. Main floor unit could be divided into two units.

Listing Agent

Andy Weitnauer

Wits Realty Listed on: 02/26/2026

Co-Listing Agent

Alexa Rettke

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1920

Home Design

  • Duplex

Interior Spaces

  • 2,568 Sq Ft Home
  • 2-Story Property
  • Laundry in unit
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Lot Dimensions are 115' x 206'
  • Forced Air Heating System

Community Details

  • 2 Units
  • Princeton Original Townsite Subdivision

Listing and Financial Details

  • The owner pays for gas, insurance, taxes, water
  • Assessor Parcel Number 240400870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,312

Year Built

Built in 1920

Lot Details

0.54 Acres

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2568
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Living Area: 2568
  • Owner Pays: Gas, Insurance, Taxes, Water
  • Basement YN: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Beds/Baths

  • Total Bedrooms: 5

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Unit
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Princeton
  • SchoolDistrictPhone: 7633892422

Lot Info

  • Lot Size: 115' x 206'
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 2

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 240400870
  • Tax Annual Amount: 2311.96
  • TaxWithAssessments: 2918

Multi Family

  • TenantPays: Electricity, Trash Collection
  • FuelExpense: 1800
  • Resident Manager Expense: 1200

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,918 $185,800 $50,500 $135,300
2024 $2,960 $179,100 $50,500 $128,600
2023 $3,476 $177,600 $34,500 $143,100
2022 $2,696 $176,700 $34,500 $142,200
2021 $2,728 $140,300 $34,500 $105,800
2020 $2,728 $144,200 $34,400 $109,800
2019 $2,486 $137,200 $34,400 $102,800
2018 $2,362 $124,300 $34,400 $89,900
2017 $2,236 $116,600 $33,400 $83,200
2016 $2,506 $0 $0 $0
2015 $1,440 $0 $0 $0
2014 $1,440 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2026 04/01/26 Price Changed $299,000 -3.5% $116 / Sq Ft
02/26/2026 02/26/26 For Sale $310,000 -- $121 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $130,000 North Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $104,000 Construction
Source: Public Records

Source: NorthstarMLS

MLS Number: 7024363

NorthstarMLS

APN: 24-040-0870

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