116 N 1st Street

Milan, MN
$ 75,000 Beds 3 Baths 2 Sq 1,398
Monthly Estimate* How much can I afford?

Here is your chance to own a 3 bedroom, 2 bathroom home in Milan, MN. This approx. 1,400 sqft home is ready for you to move in and make your own. Finish off the basement to suit your needs.

Single Family

  • Price
  • $ 75,000
  • City
  • Milan
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • CHIPPEWA
  • Half Bathrooms
  • 0
  • Area
  • Highland Park 3rd Add
  • Lot Size
  • 0.172 Acres
  • Zip
  • 56262
  • Sqr Footage
  • 1,398
  • Year Built
  • 1956
  • Taxes
  • $ 1178
  • Style
  • Single Family
  • MLS#
  • 7101164
Listed By: Kuhlmann Real Estate, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1398
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Range,Refrigerator
Garage Spaces 1
Construction Materials Frame
Year Built 1956
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Chippewa
New Construction No
Property Type Residential
HOA No
Contingency Sale of Another Property
Subdivision Name Highland Park 3rd Add
Full Baths 1
Directions West side of N 1st St. Just South of the American Legion.
City Milan
High School District Lac Qui Parle Valley
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1178
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Window,Washer/Dryer Hookup
PostalCity Milan

Interior Features

Basement Full,Partially Finished,Storage Space,Sump Basket,Sump Pump
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 884
3/4 Baths 1
Total Bedrooms 3
Below Grade Finished Area 514
Total Baths 2
Bath Desc 3/4 Basement,Main Floor Full Bath
Dining Room Description Eat In Kitchen
Foundation Dimensions 26x34
Fuel Oil
Garage Dimensions 14x24
Garage Square Feet 336

Exterior Features

Parking Features Detached Garage
Water Source City Water/Connected
Lot Size Area 0.172
Building Area Total 1768
Lot Dimensions 50x150
Waterfront Y/N No
Foundation Area 884
Road Frontage Type City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/6/2026 Listed $110,000
8/11/2026 32% - $75,000

Property vs Zip Code Average in 56262

Price
AVG $240K
$80K
Taxes
AVG $1,502
$1,178
Year Built
AVG 1948
1956
Visits
AVG 13
19
Data Provided by Inside Real Estate®

116 N 1st Street Milan, MN is a Single Family Home for sale at $75000 with 1398 sqft and a lot size of 0.172 Acres Acre(s). 116 N 1st Street Milan has 3 bedrooms, 2 baths and was built in 1956. The property's zip code is 56262 which is in Milan, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.