$305,000
409 Meadow Drive Jevne Twp, MN 55760
For Sale MLS# 7080759
5 beds 4 baths 3,500 sq ft Multi-family
Details for 409 Meadow Drive
MLS# 7080759
Description for 409 Meadow Drive, Jevne Twp, MN, 55760
Check out this incredible investment opportunity in the heart of McGregor. This rare 4-plex offers incredible cash flow from day 1 along with value add possibilities offering incredible upside potential for the new owner. This is one you won't want to miss. Schedule your showing today! Listing agent is owner.
Listing Information
Property Type: Multi-family, Four Plex
Status: Active
Bedrooms: 5
Bathrooms: 4
Lot Size: 2.43 Acres
Square Feet: 3,500 sq ft
Year Built: 1974
Foundation: 3,500 sq ft
Stories: 1 Story
Number Of Units Total: 4
County: Aitkin
Days On Market: 11
Construction Status: Previously Owned
School Information
District: 4 - Mcgregor
Interior Features
Square Footage above: 3,500 sq ft
Accessibility: No Stairs External, No Stairs Internal
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Electric, Forced Air, Baseboard, Propane
Exterior / Lot Features
Exterior: Wood
Lot Dimensions: irregular
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 600
Unit 1 Baths Total: 1
Unit 1 Rooms Total: 2
Unit 2 Units Total: 1
Unit 2 Actual Rent: 995
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 2 Rooms Total: 3
Unit 3 Units Total: 1
Unit 3 Actual Rent: 1150
Unit 3 Baths Total: 1
Unit 3 Beds Total: 3
Unit 3 Rooms Total: 5
Unit 4 Units Total: 1
Unit 4 Actual Rent: 1025
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Unit 4 Rooms Total: 3
Driving Directions
From 210, enter town, then head north on 65. Property is almost immediately on your left, located between Fireside Inn and Crossroads Hotel.
Financial Considerations
Tenant Pays: Electric
Owner Pays: Gas,Lawn,Snow,Trash,Water
Gross Income: 45828
Expense: 12781
Tax/Property ID: 140043005
Tax Amount: 1374
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: eXp Realty
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 409 Meadow Drive
Sales History
| Date | Price | |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 409 Meadow Drive
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
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.
Coming soon properties will soon be on the market, but are not yet available for showings.