Price Reduction
340 S Olive Street Waconia, MN
$ 240,000
Property Attributes
  • ML#5288795
  • TypeMulti-Family
  • CountyCARVER
  • CityWaconia
  • AreaVolkenants 3rd Add
  • Zip55387
  • Style(MF) Duplex Up and Down
  • Year Built1924
  • Taxes3216
  • Price$ 240,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1828
  • Lot Size10,716 SqFt
Listing Provided Courtesy Of:
Century 21 Premier Group
Property Description

Investors! Beautiful duplex in the heart of downtown Waconia. Blocks away from shops, restaurants, award winning Waconia schools, and beautiful lake Waconia! First floor apartment has a four-season porch, beautiful hardwood, a large kitchen, and endless natural light. Home is well maintained with a newer roof, gutters, and windows. added coin operated laundry, high efficiency gas water heater, and a dishwasher in first floor apartment. Second floor apartment has a NEW bathroom! 1 1/2 city lot leaves potential for a garage adjacent to alley.

Price History
9/20/2019 Listed $260,000
9/30/2019 8% - $240,000

General Features

Annual Gross Income 27600.00
Complex/development/subd Volkenants 3rd Add
Construction Status Previously Owned
Contingency None
Cumulative Days on Market 29
DPR Eligible Yes
Handicap Accessible None
Has Supplements 1
Homestead No
Municipality Waconia
Potential Short Sale No
Present Use Yearly
Property Type MF
School District 110 - Waconia
Status Active
Style (MF) Duplex Up and Down
Tax Year 2019
Year Built 1924
Zoning Residential-Multi-Family

Interior Features

Above Ground Finished Sq 1828
Basement Concrete Block, Unfinished
Fuel Natural Gas, Electric
Garage Stalls 1
Heating Forced Air
Number Of Ranges Two
Number Of Refrigerators Two
Number Of Unit 1
Total Bathrooms 2
Total Finished SqFt. 1828
Unit 1 Air Window
Unit 1 Amenities Porch, Hardwood Floors, Walk-In Closet, Ethernet Wired, Broadband Available, Cable
Unit 1 Appliances Range, Dishwasher, Refrigerator, Freezer, Water Softener-Owned
Unit 1 B1 Dimensions 14x10
Unit 1 B1 Level Main (Ground)
Unit 1 Bath Characteristics Main Floor Full Bath
Unit 1 Bath Full 1
Unit 1 Dining Room Living/Dining Room
Unit 1 Dining Room Dimensions 13x12
Unit 1 Dining Room Level Main (Ground)
Unit 1 Ex-1 Name Four Season Porch
Unit 1 Ex-2 Dimensions 12x10
Unit 1 Ex-2 Level Main (Ground)
Unit 1 Ex-2 Name Office
Unit 1 Finished Square Footage 1024
Unit 1 Kitchen Dimensions 13x13
Unit 1 Kitchen Level Main (Ground)
Unit 1 Living Room Dimensions 15x12
Unit 1 Living Room Level Main (Ground)
Unit 1 Number Of Units 1
Unit 1 Special Rooms Main Floor Bedroom
Unit 1 Total Baths 1
Unit 1 Total Rooms 7
Unit 2 Air Window
Unit 2 Amenities Hardwood Floors, Ethernet Wired, Broadband Available, Cable
Unit 2 Annual Rent 13200
Unit 2 Appliances Refrigerator, Freezer, Range, Microwave
Unit 2 Bath Characteristics Upper Level Full Bath
Unit 2 Bedroom 1 Dimensions 10x10
Unit 2 Bedroom 2 Level 10x10
Unit 2 Bedrrom 1 Level Upper
Unit 2 Bedrrom 2 Level Upper
Unit 2 Dining Room Eat In Kitchen
Unit 2 Full Bath 1
Unit 2 Kitchen Dimensions 13x13
Unit 2 Kitchen Level Upper
Unit 2 Living Room Dimensions 17x9
Unit 2 Living Room Level Upper
Unit 2 Number Of Bedrooms 2
Unit 2 Number Of Units 1
Unit 2 Total Baths 1
Unit 2 Total Rooms 4
Unit 2 Unit Number 2
Unit1 Ex-1 Dimensions 22x10
Unit1 Ex-1 Level Main (Ground)

Exterior Features

Lender Owned No
Unit 1 Bedrooms 1
Unit 1 Monthly Rent 1200
Unit 2 Monthly Rent 1100
Acres 0.246
Exterior Vinyl
Fencing None
Foundation Size 1024
Road Frontage City
Roof Asphalt Shingles
Sewer City Sewer/Connected
Water City Water/Connected


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55387

AVG $240K
AVG $3,216
AVG 21
Year Built
AVG 1924
AVG 64
Data Provided by Walkscore ® not using MLS data

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