Lori Gustafson

320 Michigan Avenue W

Gilbert, MN
$ 229,900 Beds 4 Baths 2.5 Sq 2,298
Monthly Estimate* How much can I afford?

Welcome to this charming 4-bedroom, 3-bath home in the heart of Gilbert! This property offers a comfortable layout with plenty of space to make your own. Enjoy a bright and inviting living area, functional kitchen, and spacious bedrooms perfect for everyday living. The lower level provides additional living space and flexibility for a family room, home office, or recreation area. Conveniently located near local amenities, parks, and schools, this home is a great opportunity for anyone looking to enjoy small-town living with room to grow.

Single Family

  • Price
  • $ 229,900
  • City
  • Gilbert
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • SAINT LOUIS
  • Half Bathrooms
  • 1
  • Area
  • Gilbert 2nd Add
  • Lot Size
  • 0.165 Acres
  • Zip
  • 55741
  • Sqr Footage
  • 2,298
  • Year Built
  • 1966
  • Taxes
  • $ 1020
  • Style
  • Single Family
  • MLS#
  • 7075000
Listed By: Pemberton RE
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2298
Sewer City Sewer/Connected
Heating Boiler,Hot Water,Radiator
Cooling None
Roof Age 8 Years or Less,Asphalt
Appliances Dishwasher,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 2
Construction Materials Frame
Year Built 1966
Electric 200+ Amp Service
Levels Two
Property Subtype Single Family
Tax Year 2025
Accessibility None
County St. Louis
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Gilbert 2nd Add
Full Baths 2
Directions From downtown,W. on Michigan Ave. W to sign.
City Gilbert
High School District Eveleth-Gilbert
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1020
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Porch,Tile Floors,Washer/Dryer Hookup,Walk-In Closet
PostalCity Gilbert

Interior Features

Basement Daylight/Lookout Windows,Finished,Partial,Partially Finished,Storage Space,Sump Pump,Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1820
Half Baths 1
Laundry Features Electric Dryer Hookup,Gas Dryer Hookup,Laundry Closet,Laundry Room,Main Level,Sink,Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 478
Total Baths 3
Bath Desc Two Primary Baths,Main Floor Full Bath,Upper Level Full Bath,Jetted Tub
Dining Room Description Breakfast Bar,Informal Dining Room,Kitchen/Dining Room
Foundation Dimensions 36x26
Fuel Natural Gas,Propane
Garage Dimensions 26x24
Garage Square Feet 624

Exterior Features

Parking Features Detached Garage,Concrete,Electric,Garage Door Opener,Storage
Lot Features Corner Lot,Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.165
Building Area Total 2298
Lot Dimensions 120x60
Waterfront Y/N No
Foundation Area 936
Road Frontage Type City Street,Paved Streets,Street Lights
Road Responsibility Public Maintained Road

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

5/22/2026 Listed $240,000
8/22/2026 5% - $229,900

Property vs Zip Code Average in 55741

Price
AVG $350K
$230K
Taxes
AVG $1,066
$1,020
Year Built
AVG 1936
1966
Visits
AVG 26
64
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

320 Michigan Avenue W Gilbert, MN is a Single Family Home for sale at $229900 with 2298 sqft and a lot size of 0.165 Acres Acre(s). 320 Michigan Avenue W Gilbert has 4 bedrooms, 2 baths and was built in 1966. The property's zip code is 55741 which is in Gilbert, 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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