Two-Unit Duplex with
For Sale
$300,000
722 16th St Se, Owatonna, MN 55060
Updated mechanical systems and separate utilities support straightforward property management.
Property Size1,791 SF
Price / SF$167.50
Days on Market9
Property Features for 722 16th St Se
General Information
Standard status
Active
Size
1,791 SF
Total Parking Spaces
2
Property subtype
Residential Income
Additional Details
Utilities to Site
Yes
Amenities
shared laundry area
Building Details
Buildings
1
Listing Agency:
Edina Realty, Inc.
(651) 358-1648
Listed By:
Brittany Krueger
(651) 358-1648
Source:
Exprealty
Added: Jul 23
Changed: Jul 31
Last Checked: Jul 31 at 7:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edina Realty, Inc.
Investment Insights
Based on property information with market context.
This well-maintained up/down duplex includes two spacious two-bedroom, one-bath units within a 1,791-property-size building. Recent improvements include new furnaces and a new water heater. Each unit has separate gas and electric utilities, while a shared laundry area and attached two-car garage add practical functionality.
Originally built as a split-level home, the property could be converted back to a single-family residence if desired. The current owner occupied the property and did not rent the lower unit, so no rental income history is available. The configuration supports either continued two-unit use or an owner-occupied arrangement, subject to applicable requirements.
Originally built as a split-level home, the property could be converted back to a single-family residence if desired. The current owner occupied the property and did not rent the lower unit, so no rental income history is available. The configuration supports either continued two-unit use or an owner-occupied arrangement, subject to applicable requirements.
Key Highlights
- Two 2‑bedroom, 1‑bath units in an up/down duplex configuration
- 1,791 property size
- New furnaces and new water heater
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
203
Businesses Nearby
Explore this area
Business Placement
Demographics for 55060, MN
29,693
Population
12,631
Households
2.4
Avg Household Size
40
Median Age
31%
College-Educated
94%
High-School Grad
203.4 sq mi
ZIP Area
146
Density / Sq Mi
$83,848
Median Household Income
$49,325
Median Earnings
$1,018
Median Rent
$239,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Updated mechanical systems and separate utilities support straightforward property management.
Where is this duplex located?
The property is located at 722 16th St Se Owatonna, MN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units in an up/down duplex configuration; 1,791 property size; New furnaces and new water heater
