This home's estimate is 10.8% lower than the average sale price ($263K) of 6 comparable homes.
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517 1st St S, Cold Spring, MN 56320
About this home
Investors--Stately, well maintained 1928 two-story that was renovated into a up/down duplex (could easily be returned to a single family residence). Beautiful original wood work and hardwood floors. Each unit has great/reliable renters who wish to continue renting. Each unit is 2 BR, 1 bath, individual laundry and includes appliances. Shared space includes: basement and 1+ car garage with extra storage. Beautiful treed large lot with access for parking from the alley behind. Seller has paid the assessment for the new street, water & sewer AND upgraded the sewer line and drains in the house. Updated electrical box with 100 amp circuit breaker electrical box.
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Market trends in 56320, MN
Last updated July 2026
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Sale history for 517 1st St S
Tax history for 517 1st St S
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: Detached, Open
- Garage Spaces: 1
- Garage Sq. Ft.: 288
Interior
- Basement Information
- Basement Features: Daylight/Lookout Windows, Drainage System, Full, Concrete, Shared Access, Storage Space, Unfinished
- Heating & Cooling
- Heating Information: Boiler, Hot Water, Radiant
Exterior
- Building Information
- Construction Materials: Wood Siding
- Foundation Area: 1,056
- Roof: Asphalt, Pitched
- Property Information
- Total Sq. Ft.: 2,957
- Above Ground Total Sq. Ft.: 1,901
- Below Ground Total Sq. Ft.: 1,056
- FractionalOwnershipYN: No
- Owner Occupied: No
- Property Type: Residential Income
- Property Sub Type: Duplex Up and Down
- Above Grade Finished Area: 1,901
- Range Num: Two
- Lot Information
- Lot Features: Tree Coverage - Medium
- Lot Size Area: 0.29
- Lot Size Units: Acres
- Lot Size Dimensions: 80 x 157
- Road Frontage Type: City Street
- Road Responsibility: Public Maintained Road
Financial
- Assessment Information
- Other Annual Assessment Amount: $579
- Tax Information
- Tax Annual Amount: $1,988
- Tax Year: 2021
- Tax With Assessments: $3,146
- Lease / Rent Details
- RentalLicense Y/N: No
- Tenant Pays: Cable TV, Electricity, Fuel, Trash Collection, Water
Utilities
- Utility Information
- Water Source: City Water/Connected
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: City Sewer/Connected
- Fuel: Natural Gas
Location
- Multi-Family Financial Information
- Owner Pays: Insurance, Repairs, Taxes
- Insurance Expense: $1,060
- Gross Income: $14,100
- Multi-Unit Information
- # of Units (Total): 2
- Shared Rooms: Other
- Unit Type 1 Information
- Sq. Ft.: 845
- # of Rooms Total: 5
- # of Bedrooms: 2
- # of Bathrooms: 1
- # of Three Quarter Bathrooms: 1
- Appliances: Dryer, Range
- # of Units: 1
- Unit Type 2 Information
- Sq. Ft.: 1,056
- # of Rooms Total: 7
- Room Spec: All Living Fac. on One Level, Main Floor Laundry
- # of Bedrooms: 2
- # of Bathrooms: 1
- # of Full Bathrooms: 1
- Appliances: Dryer, Range
- # of Units: 1
- School Information
- High School District: Rocori
- School District Number: 750
- School District Phone: 320-685-4901
- Location Information
- Directions: From the stop light at Hwy 23 & Red River Ave S: North on Red River Ave 2 blocks to left/West on 1st St S, 1.5 blocks to home on right
- Map Coordinate: 999-A1
- Topography: Level
Public facts
- Beds: 4
- Baths: 2.0
- Sq. Ft.: 1,848
- Stories: —
- Lot Size: 0.29 acres
- Style: Single Family Residential
- Year Built: 1928
- Year Renovated: 1964
- County: Stearns County
- APN: 48.29459.0000
Other
- Home Information
- Living Area: 1901
- Main Level Finished Area: 1056.0000
- Age Of Property: 95
- Levels: Two
Around this home
Schools
Public PreK-5 • 0.8mi
Public 6-8 • 0.7mi
Public 7-12 • 0.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 97° expected this year, 14 days in 30 years
Minor risk of severe winds over next 30 years
3 unhealthy days expected this year, 3 days in 30 years
Sun exposure
In this area, properties receive around 10.2 hours in June and 3.5 hours in December, which is comparable to the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 56320
Home values near 517 1st St S
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1120 Sq. Ft. | $232,467 |
5 Beds | 4 Baths | 3662 Sq. Ft. | $478,206 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | - Sq. Ft. | $262,116 |
3 Beds | 1 Baths | - Sq. Ft. | $248,499 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1604 Sq. Ft. | $260,802 |
3 Beds | 2 Baths | 912 Sq. Ft. | $236,748 |
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