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    200 S Freeman Ave, Unit 206 Luverne, MN 56156

    For Sale
    $68,000

    Tastefully updated 1-bedroom condo in a welcoming 55+ community.

    Property size:
    550 SF
    Lot size:
    0.01 Acres

    Property Features for 200 S Freeman Ave

    General Information

    Size
    550 SF
    Lot size
    0.01 Acres

    Building Details

    Year built
    1983

    Source: Keller Williams Realty Sioux Falls Agent Jennifer Rolfs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Condo in 55+ Community

    This updated condo features one bedroom and one bathroom within a 55+ community. The unit includes new stainless steel appliances, fresh paint with chair-rail detail, and an updated breakfast bar. The layout features an open living and dining area, a spacious bedroom with a generous closet, and newer laminate flooring throughout. The property is move-in ready and offers convenient access to area amenities. Residents can enjoy a large community room for gatherings, shared laundry facilities, and a single-stall garage with extra storage space. Lawn care, snow removal, and building maintenance are provided. The community is smoke-free and pet-free. The property size is 550 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Luverne
    County
    Rock
    State
    Minnesota
    Longitude
    -96.209656
    Latitude
    43.653253

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    FAQs

    What type of property is this?
    Apartment building - Tastefully updated 1-bedroom condo in a welcoming 55+ community.
    Where is this apartment building located?
    The property is located at 200 S Freeman Ave, Unit 206 Luverne, MN.
    What is the asking price?
    The asking price for this property is $68,000.
    What are key features of this property?
    This property features: - Move-in ready condition with **new stainless steel appliances and fresh paint.**; - Located in a welcoming 55+ community designed for ease and comfort.; - Includes a **single-stall garage with extra storage space.**
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 S Freeman Ave, Unit 206 Luverne, MN 56156
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