403 S 3rd Street

Princeton, MN
$ 219,900 Beds 2 Baths 1 Sq 1,084
Monthly Estimate* How much can I afford?

This is a spacious 2 bedroom and one full bathroom newly remodeled home located in a nice neighborhood, on a small city lot, in downtown Princeton, MN. This is a 24’ x 36’ stucco home with a detached 16’ x 20’ wood sided garage. Roof shingles were replaced in 2023. There is a new 6’ x 6’ treated deck leading into a 6’ x 16’ enclosed porch on the front of the house. All main floor rooms have new laminate plank or luxury vinyl flooring. All plumbing, heating, and electrical have been updated and new energy efficient vinyl windows installed. There is a 24’ x 24’ partial basement with electric washer and dryer, new natural gas high efficiency 96+ furnace and new water heater installed in 2025, and plenty of space for expansion for a bedroom, family room, and craft area. There is existing roughed-in plumbing for a bathroom. Located just two blocks from the central intersection of Rum River Drive and 1st Street in Princeton a short distance from the Rum River, local golf course, parks, bike trails, library, gym, banks, barber shop and beauty salons, dentist and optical practices, convenience stores/gas stations, and many eating venues. Great investment property or starter home.

Single Family

  • Price
  • $ 219,900
  • City
  • Princeton
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • MILLE LACS
  • Half Bathrooms
  • 0
  • Area
  • Damons Add
  • Lot Size
  • 0.112489 Acres
  • Zip
  • 55371
  • Sqr Footage
  • 1,084
  • Year Built
  • 1926
  • Taxes
  • $ 2826
  • Style
  • Single Family
  • MLS#
  • 7117502
Listed By: homecoin.com
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1084
Sewer City Sewer - In Street
Heating Forced Air
Cooling Window Unit(s)
Roof Age 8 Years or Less,Asphalt
Appliances Dryer,Exhaust Fan,Gas Water Heater,Microwave,Range,Refrigerator,Washer
Garage Spaces 1
Pool Features None
Construction Materials Block,Frame
Year Built 1926
Electric Circuit Breakers,150 Amp Service
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Mille Lacs
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Damons Add
Other Structures Garage(s)
Full Baths 1
Directions Highway 169 N to Rum River Drive exit. Stay on Rum River Drive and take a right on 3rd Street South. First house on the right.
City Princeton
High School District Princeton
Zoning Description Residential-Single Family
Lot Size Units Square Feet
Carport Spaces 1
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2826
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Kitchen Window,Washer/Dryer Hookup
PostalCity Princeton

Interior Features

Basement Block,Crawl Space,Daylight/Lookout Windows,Partial,Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1084
Laundry Features In Basement,Electric Dryer Hookup,Washer Hookup
Total Bedrooms 2
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Breakfast Bar
Fuel Electric,Natural Gas
Garage Dimensions 16x20
Garage Door Width 7
Garage Square Feet 320

Exterior Features

Fencing None
Parking Features Detached Garage,Asphalt
Lot Features Tree Coverage - Light
Water Source City Water - In Street
Lot Size Area 4900
Building Area Total 1084
Lot Dimensions 68x74
Waterfront Y/N No
Foundation Area 948
Road Frontage Type City Street,Paved Streets,Sidewalks
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
Agent Photo

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

7/31/2026 Listed $225,000
9/11/2026 3% - $219,900

Property vs Zip Code Average in 55371

Price
AVG $440K
$220K
Taxes
AVG $2,906
$2,826
Year Built
AVG 1990
1926
Visits
AVG 65
20
Data Provided by Inside Real Estate®

403 S 3rd Street Princeton, MN is a Single Family Home for sale at $219900 with 1084 sqft and a lot size of 0.112489 Acres Acre(s). 403 S 3rd Street Princeton has 2 bedrooms, 1 baths and was built in 1926. The property's zip code is 55371 which is in Princeton, 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.