c.1890 Affordable Minnesota Home For Sale $45K
$45,000
Two-bedroom, one-bath affordable Minnesota home for sale with lovely wood floors and unpainted woodwork. City water and sewer, too.
Realtor Comments
Affordable 2-Bedroom Home with Enclosed Porch Great Potential! Opportunity knocks with this single-family home offering all main living on one level. Featuring 2 bedrooms, 1 full bath, and an enclosed porch. This property has a sizable backyard with room to create your ideal outdoor space. The home has potential for updates and personal touches. Whether you’re a first-time buyer looking to build equity or an investor seeking your next project, this home is a great candidate. Schedule a showing today and imagine the possibilities.
- 2bed
- 1bath
- Circa 1890
303 N Monroe St, Minneota, MN 56264 $45,000
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.
Pros
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Very affordable cost of living
Overall expenses—housing, utilities, groceries—run around 24–25% below the U.S. national average
Median home value is $155–158K (vs. ~$303K nationally), and typical rent is $600–830/month, much lower than state and national levels . -
High homeownership & housing appreciation
About 78% of residents own their homes . Local housing values have risen ~13% year-over-year—much faster than national averages (~8%) -
Excellent school district
Minneota schools earn an A− overall rating—60% proficiency in math and 62% in reading on state tests, with strong student–teacher ratios (~16:1) -
Very low crime rate
Violent and property crimes are extremely low—90% below national averages—with just 2 total reported crimes in 2023 . Niche ranks community safety as B+ -
Good commute & transportation indicators
Average commute is about 18–19 minutes by car, aligning with state norms (~2 cars per household) and indicating convenient local access
⚠️ Cons
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Limited amenities & entertainment
The small-town setting means few shops, restaurants, or entertainment options—expect to drive to larger towns for many services -
Sparse outdoor activity ratings
Despite rural surroundings, Niche scores outdoor activities lower (D), suggesting less developed trail systems or recreational infrastructure locally -
Cold winters & variable weather
Minnesota’s climate leads to harsh winters, and Niche weather ratings are moderate (C). Seasonal swings may be a downside depending on preference -
Limited diversity & small population
With about 1,500 residents, the town lacks cultural and demographic diversity—predominantly White—and may be less appealing to those seeking varied communities
