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Active NEW!
$340,000
/mo Edit
Single Family:  1 Story
10 br • 3 ba • Built 1956
3,400 sqft • 0.239 acres
Willmar schools
MLS# 7117726
Open House
         12p - 2p
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    Property Description

    A rare chance to own a high-yield student housing property designed for consistent, reliable passive income. This spacious home features 10 private single-living rooms thoughtfully arranged across the main and lower levels, each offering students a quiet, comfortable place to study and unwind. Common areas include a large, open kitchen, two relaxing living rooms, three bathrooms, and two separate laundry areas, providing convenience and functionality for multiple occupants. The layout supports smooth shared living while maintaining privacy for each resident. Step outside to a partially private composite deck, perfect for reading, studying, or small gatherings. The home’s structure and flow make it ideal for long-term occupancy, low vacancy rates, and stable monthly returns. This property operates with established rules and systems that help maintain order, safety, and a positive living environment. Full operational details, financials, and house guidelines will be reviewed once Proof of Funds or Pre-Approval is provided and buyer intent is confirmed. A turn-key opportunity for investors seeking passive income, student housing, or multi-tenant cash flow in a well-maintained, purpose-driven property.

    Listing

    Contingency: None
    Price per sq ft: $100
    City: Willmar
    County: Kandiyohi
    State: MN
    Property Style: 1 Story
    Zip Code: 56201
    Subdivision Name: Nursery Add

    Interior

    Living Area: 3,400 ft2
    Common Wall: No
    Appliances Included:
    • Dryer
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Washer
    • Water Softener Owned
    Fireplace Details:
    • Brick
    • Living Room
    • Two Sided
    • Wood Burning Stove
    Basement Details:
    • Block
    • Drain Tiled
    • Egress Window(s)
    • Finished
    • Full
    • Kitchenette
    • Shared Access
    • Storage Space
    • Sump Basket
    • Sump Pump

    Exterior

    Stories: One
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Garage Door Width: 0
    Air Conditioning: Central Air
    Foundation Size: 1,598 ft2
    Foundation Dimensions: 26 x 58
    Fencing: None
    Handicap Accessible: Doors 36"+, Grab Bars In Bathroom, No Stairs External, Partially Wheelchair, Roll-In Shower
    Out Buildings: Other
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Off Site
    • On-Street Parking Only
    Unit Amenities:
    • Ceiling Fan(s)
    • Kitchen Window
    • Natural Woodwork
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Block
    • Concrete
    • Frame
    • Post and Beam
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 3
    Half Baths: None
    3/4 Baths: None
    Bathroom Details:
    • Full Basement
    • Main Floor 3/4 Bath
    • Main Floor Full Bath
    Dining/Kitchen: Other
    Laundry:
    • Common Area
    • Lower Level
    • Main Level
    Main Level Size Sq Ft
    Bathroom  9 x 8.2  72 
    Bathroom  12 x 5.7  60 
    Bonus Room  12.3 x 11.6  132 
    Bedroom 5  12.7 x 10  120 
    Bedroom  16.5 x 10  160 
    Bedroom 4  12 x 12.7  144 
    Foyer  9 x 5.3  45 
    Kitchen  16.2 x 10.7  160 
    Living Room  20 x 14.2  280 
    Bedroom 2  16.5 x 10  160 
    Bedroom 3  12 x 10  120 
    Lower Level Size Sq Ft
    Bar/Wet Bar Room  10.9 x 9  90 
    Bathroom  7 x 5.2  35 
    Bonus Room  9.6 x 12  108 
    Bonus Room  10.6 x 11.3  110 
    Bonus Room  12.10 x 10  120 
    Living Room  17.6 x 12.6  204 
    Bedroom 6  14.4 x 9  126 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.239
    Geolocation: 45.110929, -95.056844
    Lot Dimensions: 143 X 75
    Zoning: Residential-Single Family
    Lot Description:
    • Corner Lot
    • Tree Coverage - Light
    • Tree Coverage - Medium

    Schools

    School District: 347
    District Phone: 3202318500

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,996
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,996
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Willmar Utilities

    Mortgage Calculator

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    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 Home Match Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.