300 1st Street S Montgomery, MN 56069
For Sale MLS# 7065550
5,000 sq ft Commercial
Details for 300 1st Street S
MLS# 7065550
Description for 300 1st Street S, Montgomery, MN, 56069
Located in the heart of Montgomery, this versatile mixed-use property at 300 1st Street South offers arare opportunity for both investors and owner-occupants alike. The building features five residentialunits, including two 2-bedroom units, two 1-bedroom units, and one studio. In addition, the propertyboasts a spacious commercial unit, ideal for a business owner or additional income stream. A detachedgarage adds further value and functionality for tenants or storage. Recent updates enhance both theappeal and long-term value of the property, including fresh paint and new flooring throughout two of theresidential units, and a new water heater, making this a turnkey opportunity with key improvementsalready completed. Whether you're looking to expand your portfolio or secure a property with multipleincome streams, this well-maintained building within driving distance to the twin cities offersflexibility, updates, and solid investment potential.
Listing Information
Property Type: Commercial, Apartments and Retail
Status: Active
Bedrooms: 6
Bathrooms: 6
Lot Size: 0.16 Acres
Square Feet: 5,000 sq ft
Year Built: 1900
Foundation: 2,696 sq ft
Garage: Yes
Subdivision: City Of Montgomery
Number Of Units Total: 6
Current Use: Residential,Retail
County: Le Sueur
Days On Market: 18
Construction Status: Previously Owned
School Information
District: 2905 - Tri-City United
Interior Features
Appliances: Range, Disposal, Exhaust Fan/Hood, Refrigerator, Water Softener - Owned, Gas Water Heater
Flooring: Luxury Vinyl Plank,Wood
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate,Hot Water Separate
Cooling: Window
Heating: Forced Air, Baseboard, Electric, Natural Gas
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 1
Open Parking: 4
Parking Description: Attached Garage, Paved Lot, Garage Sq Ft - 500.0
Exterior: Brick/Stone
Roof: Age 8 Years or Less
Lot Dimensions: 134x53
Zoning: Business/Commercial,Residential-Multi-Family
Topography: Level
Additional Exterior/Lot Features: Land Inclusions - Building
Unit Information
Unit 1 Actual Rent: 1025
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 2 Actual Rent: 950
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 3 Actual Rent: 750
Unit 3 Baths Total: 1
Unit 4 Actual Rent: 650
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Unit 5 Actual Rent: 680
Unit 5 Baths Total: 1
Unit 5 Beds Total: 1
Unit 6 Actual Rent: 805
Unit 6 Baths Total: 1
Driving Directions
From the Twin Cities, take US-169 south toward Montgomery. Turn east onto 1st Street South and continue into town. The property at 300 1st Street South will be located on your right.
Financial Considerations
Owner Pays: Lawn,Maintenance/Repair,Taxes,Trash,Water
Gross Income: 58320
Tax/Property ID: 224700140
Tax Amount: 6356
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: LPT Realty, LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 300 1st Street S
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 300 1st Street S
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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