921 N Payne Street, New Ulm, MN 56073
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
921 N Payne Street,New Ulm, MN 56073
$299,900
- 4 Beds
- 2 Baths
- 2,282 sq. ft.
- Single family
- Active
Listed by: jimmy leasure
Office: keller williams preferred rlty
MLS#:7079613
Source:NSMLS
Price summary
- Price:$299,900
- Price per sq. ft.:$123.11
About this home
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!...
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Home facts
- Year built:1964
- Listing ID #:7079613
- Added:12 day(s) ago
- Updated:June 07, 2026 at 01:43 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:1
- Dining Description:Separate/Formal Dining Room
- Bathrooms Description:3/4 Basement, Main Floor Full Bath
- Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
- Basement:Yes
- Basement Description:Block, Egress Window(s), Finished, Full, Single Tenant Access, Storage/Locker, Walkout
- Living area:2,282 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Age Over 8 Years
- Year built:1964
- Building area:2,282 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Tree Coverage - Medium
- Levels:1 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$299,900
- Price per sq. ft.:$123.11
- Tax amount:$2,732 (2026)
Features and amenities
- Appliances:Microwave, Range, Refrigerator, Washer, Water Softener Owned
- Laundry features:Dryer, Washer
- Amenities:Gas Water Heater, Water Softener Owned
Parking
- Parking description:Detached Garage
- Garage:Yes
- Garage spaces:2
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