621 E Elm Ave

$275,000
Price
—
Beds
—
Baths
2,898 Sq. Ft.
$95 / Sq. Ft.
2,898
Sq. Ft.
$95
per Sq. Ft.

Description

Hard to find investment property! 4-plex fully occupied, well maintained over many years of ownership. Rents from $640 to $765. 2 main floor; 2 upper level. 3 of the tenants use garage stall. A value buy for the investor looking to grow their portfolioHard to find investment property! 4-plex fully occupied, well maintained over many years of ownership. Rents from $640 to $765. 2 main floor; 2 upper level. 3 of the tenants use garage stall. A value buy for the investor looking to grow their portfolio
  1. Listed by Edina Realty, Inc.

Property Details for 621 East Elm Avenue

Subdivision Name
First Add
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 12/05/2025 10:58 AM

Property Details for 621 East Elm Avenue

StatusActive
MLS #6817633
Days on Compass40
Taxes$5,225 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1875
Lot Size0.24 AC / 10,454 SF
CountyWaseca County

Location

Listing Courtesy of Edina Realty, Inc.
Add your commute

Building Information for 621 East Elm Avenue

Stories-Residences4Year Built1875Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$1,794 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,359

Property Taxes

$435

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 621 East Elm Avenue

Summary
Location and General Information
  • City Name: Waseca
  • County Or Parish: Waseca
  • County: Waseca-MN
  • Directions: Hwy 14 to Waseca, right on Hwy 13 turns into State St. Right on Elm Ave E to property on the left
  • Latitude: 44.077777
  • Longitude: -93.498627
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Waseca
  • City and Location Text: Waseca(MN)
  • Postal Code: 56093
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 172761210
  • Tax Annual Amount: $5,225.00
  • Tax Legal Description: FIRST ADDITION LOT 7 & E20FT OF LOT 8 BLK 10
  • Tax Other Annual Assessment Amount: $105.00
  • Tax Year: 2025
  • Tax With Assessments: 5330.0000
School Information
  • High School District: 829 - Waseca
  • School District Number: 829
  • School District Phone: 507-835-2500
Property
Lot Information
  • Above Grade Fin SQFT: 2898.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 2898.0
  • Lot Features: Corner Lot, Some Trees
  • Lot Size Area: 0.24
  • Lot Size Dimensions: 86 x 125
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 2898.0000
  • Building Area Total: 2898.0
  • Above Grade SqFt Total: 2898.0000
  • Below Grade SqFt Total: 0.0000
Property and Assessments
  • Age Of Property: 150
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Owned
  • Foundation Area: 1449.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Curbs, Paved Streets, Sidewalks
  • Road Responsibility: Public Maintained Road
  • Roof: Architectural Shingle
  • Patio Porch Type: Deck
Interior Features
  • Basement Type: Full, Unfinished
  • DP Resource: Y
  • Garage Dimensions: 28 x 22
  • Garage Square Feet: 616
  • Heating: Hot Water
  • Levels: Two
  • Number of Refrigerator: Four
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Appl: Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 4
  • Unit SqFt: 724
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 4
  • Unit Level: Main Level
  • Unit Type Total Rent: 8400
  • Unit Furnished: No

Property History for 621 East Elm Avenue

DateEvent & SourcePriceAppreciation
Nov 13, 2025

Price Change

NorthStar #6817633

$275,000—
Nov 13, 2025

Listed (Active)

NorthStar #6817633

—
Nov 10, 2025

Off Market

NorthStar #6712409

—
Apr 30, 2025

Price Change

NorthStar #6712409

$299,900—
Apr 30, 2025

Listed (Active)

NorthStar #6712409

—
DateEvent & SourcePrice
11/13/2025

Price Change

NorthStar #6817633

$275,000
11/13/2025

Listed (Active)

NorthStar #6817633

—
11/10/2025

Off Market

NorthStar #6712409

—
04/30/2025

Price Change

NorthStar #6712409

$299,900
04/30/2025

Listed (Active)

NorthStar #6712409

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 621 East Elm Avenue

Taxable ValueLand$35,500Additions$234,400Total$269,900
Tax Record2024$5,330 ($444 / month)
Home Facts
Total Finished SqFt1,566 SqFtAbove Grade Finished SqFt1,566 SqFtStories2StyleMulti-Family Res (5+ Units)Year Built1875Year Renovated1955CountyWASECAAPN17.276.1210

Schools near 621 East Elm Avenue

This home is within Waseca Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Hartley Elementary School
PublicPK to 3

Waseca Intermediate Elementary School
Public4 to 6

Waseca Junior High School
Public7 to 8

Waseca Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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621 East Elm Avenue is a multi-family home for sale in Waseca, MN 56093. This property was listed for sale on November 13, 2025 by Edina Realty, Inc., it's currently listed at $275,000. This listing's school district is Waseca Public School District. Nearby schools include Hartley Elementary School, Waseca Intermediate Elementary School and Waseca Junior High School. 621 East Elm Avenue is a 0-bed, 0-bath, 2,898 sqft multi-family home built in 1875.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Edina Realty, Inc.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/23/2025 11:36 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.