$215,000
PENDING

621 Elm Ave E Waseca, MN 56093

Estimated payment $1,601/month

Total Views 19,185
4 Beds
4 Baths
2,898 Sq Ft
$74 Price per Sq Ft

Highlights

  • Deck
  • Lower Floor Utility Room
  • Hot Water Heating System
  • Corner Lot
  • 3 Car Detached Garage
  • Coin Laundry

About This Home

Hard to find investment property! 4-plex fully occupied, well maintained over many years of ownership. Rents from $640 to $765. 2 main floor; 2 upper level. 3 of the tenants use garage stall. A value buy for the investor looking to grow their portfolio

Listing Agent

Marcia Berg

Edina Realty, Inc. Listed on: 11/13/2025

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,225

Year Built

  • Built in 1875

Lot Details

  • Lot Dimensions are 86 x 125
  • Corner Lot
  • Few Trees

Parking

  • 3 Car Detached Garage
  • Off-Site Parking

Home Design

  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,898 Sq Ft Home
  • 2-Story Property
  • Lower Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Deck
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 172761210

Community Details

Overview

  • 4 Units
  • First Add Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,225

Year Built

Built in 1875

Lot Details

10,454 Sq Ft Lot

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Fourplex
  • Outside Features: Vinyl
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1875
  • Above Grade Finished Sq Ft: 2898
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 2898
  • Owner Pays: All Utilities
  • Basement YN: Yes
  • Appliances: Range, Refrigerator

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Architectural Shingle
  • PoolFeatures: None
  • Foundation Details: Stone
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached Garage, Concrete, Off Site

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Common Area, Lower Level
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Waseca
  • SchoolDistrictPhone: 5078352500

Lot Info

  • Waterfront YN: No
  • Lot Size: 86 x 125
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame
  • Units Total: 4

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 172761210
  • Tax Annual Amount: 5225
  • TaxWithAssessments: 5330

Multi Family

  • Number Of Refrigerators: Four

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2024 $5,330 $269,900 $35,500 $234,400
2023 $4,764 $244,500 $35,500 $209,000
2022 $4,112 $186,500 $45,200 $141,300
2021 $4,048 $159,400 $39,400 $120,000
2020 $4,048 $155,900 $36,500 $119,400
2019 $2,924 $154,000 $34,900 $119,100
2018 $2,848 $109,600 $31,300 $78,300
2017 $2,608 $109,600 $31,300 $78,300
2016 $2,278 $107,700 $29,700 $78,000
2015 -- $92,500 $29,100 $63,400
2012 -- $107,100 $29,100 $78,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2026 05/28/26 Pending -- -- --
05/13/2026 05/13/26 Price Changed $215,000 -17.3% $74 / Sq Ft
03/18/2026 03/18/26 Price Changed $260,000 -5.5% $90 / Sq Ft
11/13/2025 11/13/25 For Sale $275,000 -- $95 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6817633

NorthstarMLS
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