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321 W Central St, Springfield, MN 56087
About this home
Great Income Potential! Historic 5 BR, 2 Bath Tower House with a 2 Apartment addition and a second smaller 2 story house on the same parcel. The large house is rented at $450/mo + utilities and has a separate laundry room in the basement and a new boiler for the hot water heat. The upper level 2 Bedroom Apartment has new carpeting in the living room; the lower level 2 bedroom apartment needs minor repairs; common laundry room in basement. Detached Double Garage, Single Garage and Storage Shed.
Redfin Estimate
Market trends in 56087, MN
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Provided by Redfin
Sale history for 321 W Central St
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking Information
- Parking Features: Detached
Interior
- Basement Information
- Basement Features: Block, Full, Stone/Rock, Unfinished
- Heating & Cooling
- Heating Information: Boiler, Forced Air
- Multi-Unit Information
- # of Units (Total): 3
- Unit Type 1 Information
- Sq. Ft.: 700
- # of Rooms Total: 4
- # of Bedrooms: 2
- # of Bathrooms: 1
- # of Full Bathrooms: 1
- Appliances: Range
- Unit Type 2 Information
- Sq. Ft.: 1,035
- # of Rooms Total: 5
- # of Bedrooms: 2
- # of Bathrooms: 1
- # of Full Bathrooms: 1
- Unit Type 3 Information
- Sq. Ft.: 2,400
- # of Rooms Total: 9
- # of Bedrooms: 5
- # of Bathrooms: 2
- # of Full Bathrooms: 2
- Appliances: Dryer, Range
- Unit Type 4 Information
- Sq. Ft.: 700
- # of Rooms Total: 4
- # of Bedrooms: 2
- # of Bathrooms: 1
- # of Full Bathrooms: 1
- Appliances: Range
Exterior
- Building Information
- Construction Materials: Other, Wood Siding
- New Construction
- Foundation Area: 4,136
- Roof: Asphalt
- Property Information
- FractionalOwnershipYN: No
- Owner Occupied: No
- Property Type: Residential Income
- Above Grade Finished Area: 4,136
- Below Grade Finished Area: 700
- Lot Information
- Lot Features: Tree Coverage - Light
- Lot Size Area: 0.31
- Lot Size Units: Acres
- Lot Size Dimensions: 100x135
- Road Frontage Type: City Street, Paved Streets
Financial
- Tax Information
- Tax Annual Amount: $1,142
- Tax Year: 2012
- Tax With Assessments: $1,142
- Lease / Rent Details
- RentalLicense Y/N: No
- Tenant Pays: Cable TV, Electricity, Fuel
Utilities
- Utility Information
- Water Source: City Water/Connected
- Sewer: City Sewer/Connected
- Fuel: Natural Gas
Location
- School Information
- High School District: Springfield
- School District Number: 85
- School District Phone: 507-723-4283
- Location Information
- Directions: Central Street, Springfield MN
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (2-4 Unit)
- Year Built: —
- Year Renovated: —
- County: Brown County
- APN: —
Other
- Home Information
- Living Area: 4836
- Levels: Two
Around this home
Schools
Public PreK-6 • Assigned • 0.1mi
Public 7-12 • Assigned • 0.1mi
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 99° expected this year, 15 days in 30 years
Minor risk of severe winds over next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
In this area, properties receive around 10.4 hours in June and 3.8 hours in December, which is comparable to the U.S. average for solar exposure.
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Home values near 321 W Central St
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1976 Sq. Ft. | $165,669 |
3 Beds | 2 Baths | 3348 Sq. Ft. | $172,805 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1302 Sq. Ft. | $89,806 |
3 Beds | 1 Baths | - Sq. Ft. | $117,846 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | - Sq. Ft. | $57,661 |
3 Beds | 1 Baths | 1502 Sq. Ft. | $96,457 |
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