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Quadplex with Wood Exterior
For Sale
$295,000

409 Meadow Drive, McGregor, MN 55760

Residential Income, McGregor, MN

Property Size3,500 SF
Lot Size2.43 Acres
Price / SF$84.29
Days on Market86

Property Features for 409 Meadow Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 4, Bedroom 2
Exterior features Wood
High school district McGregor
Directions From 210, enter town, then head north on 65. Property is almost immediately on your left, located between Fireside Inn and Crossroads Hotel.
Standard status Active
APN 140043005
Size 3,500 SF
Lot size 2.43 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1374

Utilities

Heating system Baseboard, Forced Air

Building Details

Year built 1974
Listing Agency: eXp Realty
Listed By: Dillon Robert Dale
Added: May 26 Changed: Aug 19 Last Checked: Aug 19 at 9:06PM
MLS# 7080759

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-plex (quadplex) at 409 Meadow Drive in McGregor, Minnesota, offers a residential income configuration built in 1974. The property includes a wood exterior and is heated with forced air and baseboard systems. Interior layout includes five bedrooms and four bathrooms across the rooms currently listed, providing a practical foundation for tenant-ready living spaces.

The lot size is 2.43 acres, with a total property size of 3,500 square feet. The combination of wood exterior materials and the mixed forced-air and baseboard heating approach can help support day-to-day comfort needs for residents.

While the listing emphasizes investment upside, the core physical details include the four-plex configuration, the 1974 build date, and the heating and exterior features described above. Schedule a showing to review the unit layout and finishes in person.

Key Highlights

  • 2.43‑acre lot
  • 3,500 SF total property size
  • Built in 1974

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Auto Repair Shop Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 55760, MN

2,890
Population
3,385
Households
0.9
Avg Household Size
54
Median Age
21%
College-Educated
92%
High-School Grad
302.5 sq mi
ZIP Area
10
Density / Sq Mi
$60,341
Median Household Income
$36,533
Median Earnings
$897
Median Rent
$261,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-plex with wood exterior and forced-air plus baseboard heating.
Where is this quadplex located?
The property is located at 409 Meadow Drive McGregor, MN.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 2.43‑acre lot; 3,500 SF total property size; Built in 1974
More about this property
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