Affordable 3/1 c.1909 Minnesota Home w/Hardwoods, Eat-In Kitchen $48K

OHU50K Notes $48,000

Affordable 3/1 c.1909 Minnesota Home w/Hardwoods, Eat-In Kitchen. This adorable home sits in a nice neighborhood with tree lined sidewalks and is close to everything.

Realtor Comments

Great opportunity to build equity with this 3 bedroom 1 bath home in Greenbush. Double detached garage. Newer kitchen cabinets.

3 beds
1 bath
1,252 sqft
7,667 sqft lot
Build date 1909

If interested in a property, pleases 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.

246 5th St S, Greenbush, MN 56726 $48,000

Contact Realtor: Robert Elliot
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The Pros

Highly Affordable Cost of Living: Living expenses in Greenbush are highly manageable, with the overall cost of living sitting roughly 10% to 18% below the national and state averages.

Accessible Housing Market: Homeownership is highly attainable compared to major metro areas. The median home value floats between $145,500 and $191,600, and roughly 85% of residents own their homes.

Strong Local Industry: Unlike many tiny towns that suffer from a complete lack of industry, Greenbush is home to major local employers like Central Boiler and commercial mower manufacturer Altoz. This provides a more stable micro-economy.

Outdoor Recreation: Located near the ancient Lake Agassiz basin, the area is excellent for residents who enjoy a rural setting. It features premier access to fishing, hunting, hiking, camping, snowmobiling, and winter sports.

Community Amenities: For a town of under 700 people, it features great local pride, independent businesses, and municipal perks like a heated public swimming pool that hosts lessons and community events in the summer.

The Cons

Extreme Winter Weather: Situated in deep northern Minnesota, the town experiences exceptionally long, harsh, and freezing winters. This translates to high seasonal heating and utility bills.

Geographic Isolation: Greenbush is quite remote. There is no local public transportation system, meaning a reliable personal vehicle is an absolute necessity. Major metropolitan shopping, entertainment, and commercial airports require hours of driving.

Limited Healthcare Access: The immediate area suffers from a very low number of physicians and no local hospital within close range, though the Lifecare Greenbush Manor provides local senior care. Major medical emergencies or specialist visits require travel to larger regional hubs.

Higher Statistical Property Crime: Local area reporting indicates that crime rates can sit up to 43% higher than the Minnesota state average, driven primarily by petty property crimes rather than violent offenses.

Minimal Nightlife & Diversity: If you prefer a diverse culinary scene or late-night entertainment, options are very scarce. Socializing is primarily limited to a few local bars, cafes, and church communities.