Looking for a way to own a home while generating rental income? Welcome to 1028 S Cedar Ave in Owatonna! This side-by-side duplex offers a great opportunity for both owner occupants and investors. Unit 1 features 2 bedrooms and 2 bathrooms, with the upstairs recently fully renovated. Unit 2 offers 3 bedrooms and 2 bathrooms with plenty of living space throughout. The property is currently owner occupied on one side with a tenant in the other, making it a great option to live in one unit while generating rental income from the other, or rent out both units as an investment property. Each unit has separate utilities, laundry, and additional basement space. Outside, you'll find a large yard and detached 2-car garage. Conveniently located close to every day essentials and downtown Owatonna, this property offers plenty of flexibility for its next owner. Schedule your showing today!
Great investment opportunity in a convenient Owatonna location! This spacious two-unit property offers has a total of 6 bedrooms and 2 bathrooms, providing excellent potential for rental income or owner-occupancy. Each unit offers generous living space and comfortable bedroom accommodations, making this a versatile property for investors or owner occupant. The property sits on a desirable corner lot and includes a detached 2-car garage for additional parking and storage. Conveniently located near schools, parks, shopping, dining and downtown Owatonna. Bring your vision and take advantage of the opportunity to add value to this established multifamily property!
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Owatonna is located in Minnesota. Owatonna, Minnesota has a population of 26,366. Owatonna is more family-centric than the surrounding county with 37.45% of the households containing married families with children. The county average for households married with children is 34.24%.
The median household income in Owatonna, Minnesota is $71,450. The median household income for the surrounding county is $73,468 compared to the national median of $69,021. The median age of people living in Owatonna is 39.5 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 4.3 degrees. The average rainfall is approximately 34 inches per year, with 45.7 inches of snow per year.