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5 Beds
4 Baths
2,894 sqft

$255,000

1028 S Cedar Avenue, Owatonna MN, 55060

Price per sqft$88.11
Built in1900
Property size2,894 sqft
Property typeMulti-family
Courtesy of Re/Max Advantage Plus, David Bauer Listing Contact:

Overview

Active

Listed Sep 18, 2026

Updated 5h ago

Looking for a way to own a home while generating rental income? Welcome to 1028 S Cedar Ave in Owatonna! This side-by-side duplex offers a great opportunity for both owner occupants and investors. Unit 1 features 2 bedrooms and 2 bathrooms, with the upstairs recently fully renovated. Unit 2 offers 3 bedrooms and 2 bathrooms with plenty of living space throughout. The property is currently owner occupied on one side with a tenant in the other, making it a great option to live in one unit while generating rental income from the other, or rent out both units as an investment property. Each unit has separate utilities, laundry, and additional basement space. Outside, you'll find a large yard and detached 2-car garage. Conveniently located close to every day essentials and downtown Owatonna, this property offers plenty of flexibility for its next owner. Schedule your showing today!

$1,697/mo

Est. mortgage payment based on a $255,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7142534

Interior Features

Bedrooms
5
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.39 Acres

Other Property Details

Taxes
$4,802
Tax Frequency
Annually
Garage
Yes
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Listings courtesy of Northstar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lauren A. Janoski shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:14 AM UTC on 9/20/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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