Excellent investment opportunity for rental property. Or live in half and rent the other half out allowing the property to have homestead tax. Long rental history with tenant on main floor. Recent updates include new gas stove upper level, electric stove main level apt., new hot water heater, new boiler Jan. 2014, & duplex exterior was painted in 2009.
Multi-familyProperty Type
1918Year Built
8,712 sq ftLot Size
Listed by Brenda Sheldon• Property Brokers of Minnesota
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Earn from this home
Refinance
$0
Est. cash available
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Market trends in 55975, MN
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
99.8%
0.8% MoM
Median sale price
$222K
$9K MoM
Avg. days on market
14d
0 days MoM
Recently sold homes
11
1 MoM
Provided by Redfin
Sale history for 305 W Main St
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #SEMN4047217
Jun 2, 2014
Pending
—
Feb 25, 2014
Listed
$64,900
LSAR as distributed by WIREX #2072775
Jun 17, 2014
Sold
$64,900
Jul 22, 2013
Listed
$64,900
Excellent investment opportunity for rental property. Or live in half and rent the other half out allowing the property to have homestead tax. Long rental history with tenant on main floor. Recent updates include new gas stove upper level, electric stove main level apt. , new hot water heater, new boiler Jan. 2014, & duplex exterior was painted in 2009.
RASM #4510968
Jun 17, 2014
Sold
$64,900
Jul 22, 2013
Listed
$64,900
+12
NORTHSTARMLS as Distributed by MLS Grid #5034728
Jun 17, 2014
Sold
$64,900
Jul 22, 2013
Listed
$64,900
NORTHSTARMLS as Distributed by MLS Grid #SEMN4021014
Apr 28, 2010
Listed
$78,000
Public Records
Jul 10, 2009
Sold
$66,645
Year
Property tax
Land + Additions
Assessment*
2025
$2,188 (+3.2%)
2024
$2,120 (−17.1%)
2023
$2,556 (+18.8%)
2022
$2,152 (+70.8%)
2021
$1,260 (+1.0%)
$13,900 + $135,100
$149,000
2020
$1,248 (+33.9%)
$5,968 + $59,332
$65,300
2019
$932 (−4.3%)
$5,415 + $45,585
$51,000
2018
$974 (+6.8%)
$6,880 + $49,120
$56,000
2017
$912 (−6.6%)
$6,877 + $47,423
$54,300
2015
$976 (−24.1%)
$6,898 + $54,702
$61,600
2014
$1,286
$8,600 + $73,800
$82,400
Tax history for 305 W Main St
Year
Property tax
Land + Additions
Assessment*
2025
$2,188 (+3.2%)
2024
$2,120 (−17.1%)
2023
$2,556 (+18.8%)
2022
$2,152 (+70.8%)
2021
$1,260 (+1.0%)
$13,900 + $135,100
$149,000
2020
$1,248 (+33.9%)
$5,968 + $59,332
$65,300
2019
$932 (−4.3%)
$5,415 + $45,585
$51,000
2018
$974 (+6.8%)
$6,880 + $49,120
$56,000
2017
$912 (−6.6%)
$6,877 + $47,423
$54,300
2015
$976 (−24.1%)
$6,898 + $54,702
$61,600
2014
$1,286
$8,600 + $73,800
$82,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
2
Lot width
60 ft.
Lot depth
—
Lot size
4,920 Sq. Ft.
Year renovated
1958
Sq. Ft.
54
Year built
1918
Style
Single Family Residential
County
Fillmore County
APN
360258000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
Property details
Parking
Parking Information
Parking Features: Carport
Interior
Basement Information
Basement Features: Full, Stone/Rock, Unfinished
Heating & Cooling
Heating Information: Hot Water
Exterior
Building Information
Construction Materials: Wood Siding
Foundation Area: 959
Roof: Asphalt
Property Information
FractionalOwnershipYN: No
Owner Occupied: No
Property Type: Residential Income
Property Sub Type: Duplex Up and Down
Above Grade Finished Area: 1,978
Lot Information
Lot Features: Tree Coverage - Medium
Lot Size Area: 0.2
Lot Size Units: Acres
Lot Size Dimensions: 60x82
Road Frontage Type: City Street, Curbs, Paved Streets, Sidewalks
Financial
Tax Information
Tax Annual Amount: $1,410
Tax Year: 2013
Tax With Assessments: $1,482
Lease / Rent Details
RentalLicense Y/N: No
Utilities
Utility Information
Water Source: City Water/Connected
Sewer: City Sewer/Connected
Location
Multi-Family Financial Information
Owner Pays: Electricity, Fuel, Grounds Care, Repairs, Snow Removal, Water
Gross Income: $11,400
Multi-Unit Information
# of Units (Total): 2
Unit Type 1 Information
Sq. Ft.: 1,019
# of Rooms Total: 6
# of Bedrooms: 1
# of Bathrooms: 1
# of Full Bathrooms: 1
Appliances: Dryer, Range
Unit Type 2 Information
Sq. Ft.: 959
# of Rooms Total: 7
# of Bedrooms: 2
# of Bathrooms: 2
# of Three Quarter Bathrooms: 2
Appliances: Range
School Information
High School District: Kingsland
School District Number: 2137
School District Phone: 507-346-7276
Location Information
Directions: South on Broadway Ave in Spring Valley, west on Main Street to property
Map Coordinate: 999-A1
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 54
Stories: 2.0
Lot Size: 4,920 square feet
Style: Single Family Residential
Year Built: 1918
Year Renovated: 1958
County: Fillmore County
APN: 360258000
Home facts updated by county records on Aug 10, 2026
Other
Home Information
Living Area: 1978
Main Level Finished Area: 1019.0000
Building Area Total: 2937
Around this home
Schools
Kingsland Elementary School
Public PreK-6 • Assigned • 0.8mi
8/10
Kingsland Senior High School
Public 7-12 • Assigned • 0.8mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Spring Valley, MN • 55975
Average low and high temperatures (°F)
22
7
30
14
49
29
56
38
69
49
78
60
81
65
77
60
75
55
64
44
44
31
29
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.7 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$183,000 – $221,000
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