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Active NEW!
$269,500
/mo Edit
Single Family:  2 Stories
3 br • 1 ba • Built 1873
1,428 sqft • 0.174 acres
St. Charles schools
MLS# 7164414
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    Property Description

    Looking for a southeast Minnesota property that is already set up to generate income? This recently renovated 3-bedroom, 1-bath home in downtown Elba is currently operating as an Airbnb, giving a buyer the option to keep it running from day one. Elba sits in the heart of Winona County’s bluff country, tucked into the Whitewater River valley. The home is located right next to the city park, and Whitewater State Park is just a few minutes down the road. That location is what draws guests here year-round. Spring and summer bring trout anglers, hikers, campers and families heading to the swimming beach. Fall brings leaf color, bowhunters and deer hunters heading to the surrounding public land in the Whitewater Wildlife Management Area. Winter brings snowshoers, cross-country skiers and folks looking for a quiet getaway in the valley. The Whitewater River and its tributaries are designated trout streams, and the surrounding bluffs and hardwoods hold turkeys and whitetails. The renovation work has been completed, so a new owner can skip the project phase. The home offers three bedrooms and one full bathroom, with over 1400 sq ft of living space. For an investor, this property offers an established short-term rental in a destination area with steady visitor traffic. The property also works well for a buyer who wants a personal getaway close to the outdoors. Use it for your own fishing trips and hunting weekends, and rent it out the rest of the year to help offset ownership costs. It can also serve as a full-time residence for someone who wants small-town living with quick access to trout water and public hunting ground in southeast Minnesota. Elba is approximately 3 miles from Whitewater State Park, 11 miles from St. Charles, 13 miles from Plainview, 33 miles from Rochester and 35 miles from Winona, putting shopping, dining and services within an easy drive.

    Listing

    Contingency: None
    Price per sq ft: $189
    City: Altura
    County: Winona
    State: MN
    Property Style: 2 Stories
    Zip Code: 55910

    Interior

    Living Area: 1,428 ft2
    Common Wall: No
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Window Unit(s)
    Foundation Size: 392 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Roof Details: Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None
    Upper Level Size Sq Ft
    Bedroom 2  —  — 
    Bedroom 3  —  — 
    Main Level Size Sq Ft
    Dining Room  —  — 
    Family Room  —  — 
    Bedroom  —  — 
    Kitchen  —  — 
    Living Room  —  — 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.174
    Geolocation: 44.0889749881, -92.0188730359
    Lot Dimensions: 0
    Zoning: Residential-Single Family

    Schools

    School District: 858
    District Phone: 5079324423

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,072
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,072
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Propane
    Sewer System: Private Sewer
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Whitetail Properties Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.