c.1921 Minnesota Fixer Upper Colonial Revival Under $53K

41 1st St N, Flensburg, MN 56328  $52,500

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: Frances Altman

Google Map

Niche

Pros

• Low Cost of Living & Affordable Housing

  • Overall cost of living is around 16% below the U.S. average and notably cheaper than the Minnesota state average

  • Median home value ranges from ~$156K to $188K—40–47% below the national average .

• Strong Livability

  • High livability scores: 80/100 from Citytistics and an “A” grade in cost of living, crime, and education

  • Niche gives housing a “B” and jobs a “B+”; community feel is rated C+–B‑minus

• Good Employment & Income

  • Unemployment is low, and median household income (~$86K–$107K) is well above national norms .

• Top-Tier Schools & Low Crime

  • Education rated A+, public schools nearby; overall crime rated good

• Rural, Tight-Knit Community with Natural Beauty

  • Quiet, small-town atmosphere with a population around 216–229

  • Surrounded by lakes, parks, and outdoor amenities—ideal for nature lovers

⚠️ Cons

• Tiny Population & Limited Amenities

  • With fewer than 230 residents, entertainment, shopping, and healthcare facilities are limited

  • Amenities and social venues require driving; public transit options are scarce .

• Commute & Transportation Challenges

  • No public transit; most people rely on personal vehicles, adding commute time

• State-Level Downsides

  • Minnesota-wide drawbacks: harsh winters, mosquitoes, and high state income taxes