Lori Gustafson

202 3rd Avenue Se

Barnesville, MN
$ 1,350,000 Beds 20 Baths 5.5 Sq 8,164
Monthly Estimate* How much can I afford?

Exceptional turnkey opportunity! This fully renovated 20-bedroom(some are currently being used as exercise and game rooms), 6-bathroom property is currently operating as an adult foster care business and is well-suited for continued use or conversion to assisted living or rehab center. Completely renovated since seller purchased the home. This 3 story home is thoughtfully designed to accommodate both residents and potential employees, featuring private living quarters for an owner/operator as well as a separate 1-bedroom apartment for an employee. This sale includes nearly all furnishings and operational essentials—allowing a seamless transition for the next owner—excluding only personal décor and wall hangings. The seller is also willing to assist qualified buyers with the licensing process, making this an ideal opportunity for those looking to enter or expand in the care industry. Strong income potential with financials available; seller is willing to share 2025 income details with qualified buyers. Step into a well-established, lucrative business with everything in place for immediate success. See disclosure and addendum for updates. Appliances included are 2 washer/dryer sets, upright freezer, chest freezer, 5 refrigerators, 2 ranges, 1 dishwasher, 4 microwaves(2 built in-2 counter),

Single Family

  • Price
  • $ 1,350,000
  • City
  • Barnesville
  • Bedrooms
  • 20
  • Full Bathrooms
  • 5
  • County
  • CLAY
  • Half Bathrooms
  • 1
  • Area
  • Original Barnesville
  • Lot Size
  • 0.22 Acres
  • Zip
  • 56514
  • Sqr Footage
  • 8,164
  • Year Built
  • 1888
  • Taxes
  • $ 5938
  • Style
  • Single Family
  • MLS#
  • 7058300
Listed By: Dakota Plains Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 8164
Sewer City Sewer/Connected
Heating Hot Water
Cooling Wall Unit(s)
Appliances Dishwasher,Dryer,Freezer,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 2
Year Built 1888
Levels More Than 2 Stories
Property Subtype Single Family
Tax Year 2025
Accessibility Grab Bars In Bathroom,Stair Chair Lift,Partially Wheelchair
County Clay
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Original Barnesville
Other Structures Storage Shed
Full Baths 2
Directions I94 to front st. Turn left onto 3 Ave SE
City Barnesville
High School District Barnesville
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5938
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Barnesville

Interior Features

Basement Block,Other,Concrete,Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 8164
Half Baths 1
3/4 Baths 3
Total Bedrooms 20
Total Baths 6
Fuel Natural Gas

Exterior Features

Parking Features Detached Garage
Water Source City Water/Connected
Lot Size Area 0.22
Building Area Total 10200
Lot Dimensions 9583
Waterfront Y/N No
Foundation Area 2000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/20/2026 Listed $1,350,000

Property vs Zip Code Average in 56514

Price
AVG $420K
$1.35M
Taxes
AVG $3,701
$5,938
Year Built
AVG 1978
1888
Visits
AVG 47
146
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

202 3rd Avenue Se Barnesville, MN is a Single Family Home for sale at $1350000 with 8164 sqft and a lot size of 0.22 Acres Acre(s). 202 3rd Avenue Se Barnesville has 20 bedrooms, 5 baths and was built in 1888. The property's zip code is 56514 which is in Barnesville, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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