Lori Gustafson

505 S 7th Street

Olivia, MN
$ 134,000 Beds 3 Baths 1 Sq 1,176
Monthly Estimate* How much can I afford?

Charming 3-bedroom home in a desirable location, conveniently close to parks, schools, and all the amenities you need. Enjoy the character of original hardwood floors in several rooms, along with a spacious backyard that's perfect for entertaining, relaxing, and enjoying the outdoors. A wonderful place to call home!

Single Family

  • Price
  • $ 134,000
  • City
  • Olivia
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • RENVILLE
  • Half Bathrooms
  • 0
  • Area
  • Nesters 4th Add
  • Lot Size
  • 0.168 Acres
  • Zip
  • 56277
  • Sqr Footage
  • 1,176
  • Year Built
  • 1915
  • Taxes
  • $ 2204
  • Style
  • Single Family
  • MLS#
  • 7127682
Listed By: Edina Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1176
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Garage Spaces 1
Year Built 1915
Electric Circuit Breakers
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Renville
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Nesters 4th Add
Other Structures Storage Shed
Full Baths 1
Directions HWY 212 South on 7th ST
City Olivia
High School District Bird Island-Olivia-Lake Lillian
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2204
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Olivia

Interior Features

Basement Partial
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1176
Laundry Features Laundry Room,Main Level
Total Bedrooms 3
Total Baths 1
Bath Desc Upper Level Full Bath
Foundation Dimensions 26x18
Fuel Natural Gas
Garage Dimensions 24x18
Garage Door Width 7
Garage Square Feet 432

Exterior Features

Parking Features Attached Garage
Water Source City Water/Connected
Lot Size Area 0.168
Building Area Total 1884
Lot Dimensions 50x150
Waterfront Y/N No
Foundation Area 708
Road Frontage Type City Street
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

8/14/2026 Listed $139,000
9/8/2026 4% - $134,000

Property vs Zip Code Average in 56277

Price
AVG $200K
$130K
Taxes
AVG $3,444
$2,204
Year Built
AVG 1940
1915
Visits
AVG 82
19
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

505 S 7th Street Olivia, MN is a Single Family Home for sale at $134000 with 1176 sqft and a lot size of 0.168 Acres Acre(s). 505 S 7th Street Olivia has 3 bedrooms, 1 baths and was built in 1915. The property's zip code is 56277 which is in Olivia, 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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