Under $75K Thursday - c.1945 Affordable Minnesota Home For Sale Reduced to Under $63K

$65,000 Reduced to $62,999

How about this affordable Minnesota home for sale that’s had a price cut? The modest Tudor Revival has been updated inside, so you can move right into this two bedroom, one bath cutie. The 846-sf home sits on a corner lot with a rear deck.

Yard featured at 2902 2nd Ave E, Hibbing, MN, 55746

Realtor Comments

Adorable home on a large corner lot. The main floor has been completely updated with a beautiful kitchen & bath. Large shed for storage. Lower bedrooms lack egress.

2bed
1bath
846 square feet
Circa 1945

Related: Former Church For Sale in Minnesota $19K

Kitchen featured at 2902 2nd Ave E, Hibbing, MN, 55746

2902 2nd Ave E, Hibbing, MN 55746 $65,000 Reduced to $62,999

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

Contact Realtor: Liz Kolden
Brokered by 1St Realty Rangewide Inc
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Location of This Affordable Minnesota Home For Sale

Hibbing, Minnesota, is a historic town located in Saint Louis County, in the northern part of the state. It’s known for its strong mining history, rich cultural contributions, and unique small-town character. Here are some key aspects of Hibbing:

Mining Heritage: Hibbing is often referred to as the “Iron Capital of the World” due to its significant role in iron ore mining. It sits in the Mesabi Range, one of the largest iron ore-producing regions in the U.S. The Hull-Rust-Mahoning Open Pit Iron Mine, just outside of town, is one of the world’s largest open-pit iron mines and offers a glimpse into the area’s mining legacy.
Bob Dylan’s Hometown: Hibbing is famously the childhood home of music legend Bob Dylan. The house where he grew up is a point of interest for fans, and the town embraces its connection to the iconic singer-songwriter.
Rich History: Hibbing has a unique history that includes being physically moved in the early 20th century. When iron ore was discovered beneath the original town site, the entire community, including businesses and homes, was relocated about two miles to allow mining to continue. This move became known as “North Hibbing.”
Hibbing High School: The town is home to one of the most impressive high school buildings in the country, built during the 1920s mining boom. Hibbing High School is an architectural gem, often referred to as the “Castle in the Woods.” It features a beautiful auditorium with elaborate woodwork and design, and it’s one of the town’s proudest landmarks.

Minnesota Discovery Center: This museum and cultural center offers insights into the region’s history, particularly its immigrant heritage and mining background. It features exhibits on life in the Iron Range, including artifacts and displays about the diverse communities that settled in the area.
Outdoor Recreation: Located in Minnesota’s Iron Range, Hibbing is surrounded by beautiful forests, lakes, and outdoor recreational opportunities. The town offers access to activities such as fishing, hunting, snowmobiling, and hiking. Nearby parks, like McCarthy Beach State Park, offer scenic spots for camping and nature walks.

Hibbing’s combination of industrial history, cultural significance, and natural beauty make it a notable town in northern Minnesota.

Dining Room featured at 2902 2nd Ave E, Hibbing, MN, 55746

Here’s a breakdown of the pros and cons of living in or visiting Hibbing, Minnesota:

Pros of Hibbing, MN:

Rich History and Culture:
- Mining Heritage: The town’s deep connection to iron ore mining offers a unique historical backdrop. The Hull-Rust-Mahoning Open Pit Mine is a fascinating attraction, showcasing Hibbing’s industrial legacy.
- Bob Dylan’s Hometown: Fans of Bob Dylan may find living in or visiting Hibbing exciting due to its connection with the music icon. The town embraces its place in Dylan’s early life.
Affordable Cost of Living:
- Housing and living expenses in Hibbing are generally lower than the national average, making it an affordable place to live.
Outdoor Recreation:
- Located in the scenic Iron Range, Hibbing offers ample opportunities for outdoor activities such as fishing, hunting, snowmobiling, hiking, and camping. Nearby parks like McCarthy Beach State Park add to the outdoor appeal.
Close-Knit Community:
- Hibbing has a small-town feel with a population of around 16,000. This fosters a strong sense of community, where residents often know one another and share a common connection to the area’s history and lifestyle.
Educational Infrastructure:
- Hibbing High School, an architectural landmark, offers a unique educational environment with a grand, historic campus. The town also hosts a community college, Hibbing Community College, which provides higher education opportunities locally.
Local Amenities:
- For a small town, Hibbing has a variety of local restaurants, shops, and services, and it’s not far from larger cities like Duluth, providing more options when needed.

Cons of Hibbing, MN:

Economic Dependence on Mining:
- While mining offers job opportunities, Hibbing’s economy has traditionally been dependent on the fluctuating fortunes of the mining industry. Economic downturns in this sector can lead to job loss and a shrinking job market.
Limited Job Opportunities:
- Outside of mining and some service industries, job opportunities in Hibbing may be limited, especially for those seeking work in specialized fields or high-growth industries. Many young people leave for larger cities in search of better job prospects.
Harsh Winters:
- Like much of northern Minnesota, Hibbing experiences long, cold, and snowy winters. This can be a challenge for those not used to frigid temperatures and heavy snow, and it can limit outdoor activities during the colder months.
Rural Isolation:
- While outdoor enthusiasts may enjoy the remote location, Hibbing is somewhat isolated from major urban centers. The nearest larger city is Duluth, about 75 miles away, which can make accessing some services or entertainment a challenge for those who prefer a more cosmopolitan lifestyle.
Aging Population and Infrastructure:
- Like many small towns in rural America, Hibbing has a relatively older population, which can impact the vibrancy and energy of the town. Some infrastructure, such as roads and public services, may also be aging and in need of upgrades.
Limited Entertainment and Nightlife:
- Those looking for a lively nightlife or extensive entertainment options may find Hibbing lacking in this regard. The town offers a quiet, slower-paced lifestyle, which may not appeal to everyone, especially younger people.

Summary:

Hibbing offers a rich cultural and historical experience, an affordable cost of living, and great access to nature. However, its rural location, harsh winters, and limited job and entertainment opportunities can be drawbacks for some residents. For those who enjoy a slower-paced, small-town life with strong community ties, Hibbing has its appeals, especially if you’re connected to its mining history or outdoor recreation.