$299,900
921 N Payne Street New Ulm, MN 56073
For Sale MLS# 7079613
4 beds 2 baths 2,282 sq ft Single Family
Details for 921 N Payne Street
MLS# 7079613
Description for 921 N Payne Street, New Ulm, MN, 56073
Welcome to 921 N Payne Street in New Ulm! This spacious 4 bedroom, 2 bathroom home offers over 2,300 finished square feet along with a unique opportunity for both homeowners and investors alike. The main level features comfortable everyday living with fresh paint updates throughout the kitchen, dining room, living room, and bedroom spaces, creating a bright and inviting feel from the moment you walk in. The home also features durable steel siding for added curb appeal and low-maintenance exterior living.Downstairs, the home truly stands out with a licensed lower-level rental setup complete with its own kitchenette, living room, bedroom with newly added egress window, 3/4 bathroom, and walkout access. Whether you’re looking to offset your mortgage through rental income, create a private space for multigenerational living, or expand your investment portfolio, this flexible layout opens the door to multiple possibilities.The basement also features an additional bonus room that could be converted into a 5th bedroom, used as an indoor workshop, home gym, office, or provide valuable extra storage space depending on your needs.Additional updates include a new kitchen faucet, added basement screen door, and exterior paint improvements. The attached 2-stall garage, functional layout, and established neighborhood location make this property an attractive option for owner-occupants and investors alike.Homes with income-producing potential like this are hard to find in New Ulm. Schedule your showing today!
Listing Information
Property Type: Residential, Single Family
Status: Active
Bedrooms: 4
Bathrooms: 2
Lot Size: 0.19 Acres
Square Feet: 2,282 sq ft
Year Built: 1964
Foundation: 1,218 sq ft
Garage: Yes
Stories: 1 Story
Subdivision: North Of Center
County: Brown
Days On Market: 9
Construction Status: Previously Owned
School Information
District: 88 - New Ulm
Room Information
Main Floor
Bedroom 1: 10x9
Bedroom 2: 13x10
Bedroom 3: 13x10
Dining Room: 14x12
Kitchen: 13x10
Living Room: 22x13
Lower Floor
Bedroom 4: 13x10
Laundry: 12x13
Living Room: 19x13
Second Kitchen: 13x13
Workshop: 10x13
Bathrooms
Full Baths: 1
3/4 Baths: 1
Additonal Room Information
Family: 2 or More
Dining: Separate/Formal Dining Room
Laundry: In Basement
Bath Description: 3/4 Basement,Main Floor Full Bath
Interior Features
Square Footage above: 1,218 sq ft
Square Footage below: 1,064 sq ft
Appliances: Range, Refrigerator, Washer, Water Softener - Owned, Gas Water Heater, Dishwasher, Dryer, Microwave
Basement: Concrete Block, Full, Egress Windows, Finished (Livable), Storage/Locker, Single Tenant Access, Walkout
Additional Interior Features: Ceiling Fan(s), 3 BR on One Level, Main Floor Bedroom
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Cooling: Central
Heating: Natural Gas, Forced Air
Exterior / Lot Features
Garage Spaces: 2
Parking Description: Detached Garage, Garage Dimensions - 25x23, Garage Sq Ft - 575.0
Exterior: Metal
Roof: Age Over 8 Years
Lot Dimensions: 165x50
Zoning: Residential-Single Family
Additional Exterior/Lot Features: Patio, Tree Coverage - Medium, Road Frontage - City
Out Buildings: Garage(s)
Driving Directions
From Broadway/Highway 14 in New Ulm, head north on N Broadway Street, turn left onto Payne Street, and continue to 921 N Payne Street. The home will be on your right.
Financial Considerations
Other Annual Tax: $40
Tax/Property ID: 00100119106060
Tax Amount: 2732
Tax Year: 2026
HomeStead Description: Homesteaded
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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.
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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 921 N Payne Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 921 N Payne Street
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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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