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Two-Unit Duplex with Detached Garage
For Sale
$240,000

725 S Cedar Avenue, Owatonna, MN 55060

Residential Income, Owatonna, MN

Property Size2,709 SF
Lot Size0.25 Acres
Price / SF$88.59
Days on Market57

Property Features for 725 S Cedar Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 6, Basement, Bedroom 1, Bedroom 4
Parking features Garage - Detached
Subdivision Phelps Add
High school district Owatonna
Directions I35 Take Bridge Street Exit, Go East to Cedar Ave, Turn South on Cedar, 725 on East Side
Standard status Active
APN 171010518
Size 2,709 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3832

Utilities

Heating system Oil

Building Details

Year built 1894
Listing Agency: RE/MAX Advantage Plus · RE/MAX International
Listed By: Michelle Moen
Added: Aug 14 Changed: Oct 7 Last Checked: Oct 9 at 11:06PM
MLS# 7106277

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 duplex contains two residential units with a combined six bedrooms and two bathrooms. The building measures 2,709 square feet and was constructed in 1894. Oil provides the heat, and a detached two-car garage offers additional vehicle and storage space on the 0.25-acre corner parcel.

The property is at 725 S Cedar Avenue in Owatonna. Schools, parks, shopping, dining, and downtown are identified among the nearby destinations.

Key Highlights

  • Two‑unit duplex with 6 bedrooms and 2 bathrooms
  • 2,709 square feet; built in 1894
  • 0.25‑acre corner lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service Skin Care Clinic Storage Facility Garden Center Kitchen & Bath Showroom

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - A corner-lot property with a detached garage and a six-bedroom, two-bathroom layout.
Where is this duplex located?
The property is located at 725 S Cedar Avenue Owatonna, MN.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two‑unit duplex with 6 bedrooms and 2 bathrooms; 2,709 square feet; built in 1894; 0.25‑acre corner lot
More about this property
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