921 N Payne Street | Image 1
New
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$299,900

For Sale

4 hours ago

921 N Payne Street, New Ulm, MN

House

MLS® 7040391

4 Bed

2 Bath

2282 sqft

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2282 sqft
Garage Yes
Taxes $2,732
Days Active 0
Lot Size 
Approx. Age 1964
Avg. Price Per Sqft $131
MLS® Number 7040391

Property Address: 921 N Payne Street, New Ulm, MN, 56073

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® Number7040391
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1964
BasementFull, Walk-Out Access, Block, Egress Windows, Finished
DrivewayGarage Door Opener, Detached, Concrete
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 2:Main Floor10 × 13 ft
Bedroom 1:Main Floor9 × 10 ft
Bedroom 3:Main Floor10 × 13 ft
Kitchen:Main Floor10 × 13 ft
Bedroom 4:Lower Level10 × 13 ft
Dining Room:Main Floor12 × 14 ft
Living Room:Main Floor13 × 22 ft
Other:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

May 26, 2026List Date
$299,900List Price
  • Commute

Commute

Starting Address
Destination Address
921 N Payne Street, New Ulm, MN

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