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Overview
Location
Mortgage
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Sold for $190,000
Sold for $190,000
407 Elm Ave Waverly, MN 55390
$190,000
CLOSEDBeds
0
Baths
0
Sqft
Acres
0.085
Year
1898
Close Date
Jan 8, 2026
Property Type
Commercial Sale
Sub Type
Date Listed
Sep 25, 2025
Description of 407 Elm Ave, Waverly, MN 55390
Listing details for 407 Elm Ave, Waverly, MN 55390 : Mixed-use building in Waverly featuring one apartment and one commercial space, both leased to long term tenants. This property provides stable income with the benefit of residential and commercial diversification. The aparment has a 2 stall garage along with laundry in the unit. Total monthly rent is $2,350. Financials attached in the supplements.
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Listing Updated : 08-27-2026 at 6:54 AM CDT
Property Details
Property Overview
Listing Price
$199,000
MLS #ID
6789415
Close Price
$190,000
Close Date
Jan 8, 2026
Bedrooms
0
Bathrooms
0
Square Footage
Acres
0.085
Year
1898
Days on Site
36 Days
Property Type
Commercial Sale
Property Sub Type
Price per Sq Ft
$0
Date Listed
Sep 25, 2025
Location
Street Address
407 Elm Ave
City
State
Minnesota
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
Take Atlantic Ave. Driveway will be on the North.
Schools
School District
Construction / Architecture
Year Built
1898
Foundation
Block
New Construction
No
Price per Sq Ft
$0
Lot Size (Acres)
0.085
Lot Dimensions
0.085
Interior Details
Fireplace
No
Heating
Forced Air
Cooling
None
Exterior Details
Garage
No
Garage Spaces
2
Parking Features
Detached Garage and Asphalt
Exterior Features
Brick Veneer
Fencing
None
Waterfront
No
Water Source
City Water/Connected
Sewer
City Sewer/Connected
Taxes, HOA & Financing
Annual Property Tax
$1,866.00
HOA Fee Includes
None
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Properties displayed may be listed or sold by various participants in the MLS
Source
NorthstarMLS as distributed by MLS GRID, MLS#: 6789415
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Property History
DateEventPrice
1/8/2026
Sold
$190,000
Source:NorthstarMLS #NST6789415
NorthstarMLS #NST6789415 9/25/2025
Listed for sale
—
Source:NorthstarMLS #NST6789415
NorthstarMLS #NST6789415 1/31/2023
Sold
$140,000
Source:NorthstarMLS #NST5563613
NorthstarMLS #NST5563613 5/8/2020
Listed for sale
—
Source:NorthstarMLS #NST5563613
NorthstarMLS #NST5563613 11/15/2013
Sold
$59,000
Source:NorthstarMLS #NST4154198
NorthstarMLS #NST4154198 5/18/2012
Listed for sale
—
Source:NorthstarMLS #NST4154198
NorthstarMLS #NST4154198Location of 407 Elm Ave, Waverly, MN 55390
Streetview of 407 Elm Ave, Waverly, MN 55390
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Based on information submitted to the MLS GRID as of 2026-08-27. 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. Some IDX listings have been excluded from this website.
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