13 days on rocket

540 2nd Ave SW, Cambridge, MN, 55008

$210,000

Home List Price

$2,494*

Closing Credit

0 Baths
1,680 SqFt
$125/SqFt
Multi
Schools Nearby

Location

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540 2nd Ave SW, Cambridge$210,000

Buyer Closing Credits

$2,494*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingDetached, Concrete
Garage2 spaces
Year Built1920
HeatingForced Air, Radiant
BasementYes
MLS #6521486
StatusActive

About 540 2nd Ave SW

Here is the opportunity you have been looking for! This 5 bedroom 2 bath duplex is in the heart of Cambridge. The lower unit offers 3 bedrooms and 1 bath. The upper unit offers 2 bedrooms and 1 bath. Upper unit has been vacant since 04/13/24. Seller is not looking to fill the vacancy in hopes of making showings that much easier. Landlord pays water and sewer. Tenants pay electric, heat, garbage, lawn & snow. Property has great potential for a variety of buyers or investors. Property is being sold As-Is, Where-Is. Book your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 1,680 SqFt

Listing Office:

  • Office Name: Century 21 Moline Realty Inc

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete

Lot Features

Lot Information:

  • Lot: Corner Lot, Irregular Lot, Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant

School Info

Assigned Schools Information:

  • Cambridge-Isanti High School, Public District Grades 9-12
  • Cambridge Middle School, Public District Grades 6-8
  • Cambridge Intermediate School, Public District Grades 3-5

Other

Directions Information:

  • Directions: From Hwy 65 turn West onto Hwy 95/First Ave E, turn South on Dellwood St. S, West onto 2nd Ave SW and the property is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $210,000
  • Price Per SqFt: $125/SqFt

Tax Information:

  • Annual Amount: $2,674
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cambridge, MN.

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Cambridge, MN

City

Med. Sold Price

$309.2K

Med. Price/SqFt

$174

Avg. Days On Market

32

# of Sold Homes

13

540 2nd Ave SW vs Cambridge

13 DAYS ON ROCKET

-19 Days

$210,000

-$99.2K Less

$125/SqFt

-$50 Less

KEY TAKEAWAY

This property is $99.2K less than the Median Sold Price and $50/SqFt less than other homes in Cambridge, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6521486

Listing Office:

  • Office Name: Century 21 Moline Realty Inc

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Last updated on: 5/2/2024, 12:52:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 03, 2007Home Sold
$52,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,674$152,200
2019$2,596$144,600
2018$2,510$135,800
2017$2,216$114,600

History based on county public records data.

Payment Calculator

$1,116

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$696

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4546560
7
/10

  • Cambridge Intermediate School

  • 428 2nd Ave NW

  • 0.17 miles

  • Public District Grades 3-5

Middle School

school-card-donut-4546561
5
/10

  • Cambridge Middle School

  • 31374 Xylite St NE

  • 2.61 miles

  • Public District Grades 6-8

High School

school-card-donut-4546562
6
/10

  • Cambridge-Isanti High School

  • 430 8th Ave NW

  • 0.51 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,814. The most common annual income of people living in Cambridge, MN is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Isanti County›Cambridge›55008›540 2nd Ave SW

This home is located at 540 2nd Ave SW in Cambridge, MN and zip code 55008. This 1,680 square foot home was built in 1920. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $210,000.

In April 2024, from all listings sold in Cambridge, MN there were more than 9 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price. The number of listings in Cambridge, MN increased by 37.9% between March 2024 and April 2024. Listings spent 32 days on the market in April 2024, and had a median list price of $309,250 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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