About This Home

This 4-bedroom, 2-bathroom single family at 921 N Payne Street in New Ulm, MN is listed for $275,000 ($121 per sqft). Built in 1964, the home offers 2,282 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1964
  • 0.19 acre lot

Property Details

1 full
2-car garage
1964

Amenities

A/C
Listing Description

Welcome to 921 N Payne Street in New Ulm! This well-maintained 4 bedroom, 2 bathroom home offers over 2,300 finished square feet and a unique opportunity for homeowners and investors alike. The main level features fresh paint throughout the kitchen, dining, living, and bedroom spaces, while the durable steel siding provides low-maintenance living.

The licensed lower-level rental includes a kitchenette, living room, bedroom with egress window, 3/4 bathroom, and walkout access, offering excellent income potential or flexible multigenerational living. A detached 2-stall garage, bonus lower-level space, and established neighborhood location complete this versatile property. Schedule your showing today!

Monthly Cost Estimate

$1,471/mo

20% down · 6.5% · 30 years

Principal$199
Interest$1,192
Insurance$80

Estimates only. Actual payments may vary.

Location

921 N Payne Street

New Ulm, MN 56073

North Of Center

Features & Amenities

Interior Features

3 BR on One LevelMain Floor Bedroom

Property Details

Construction

Frame

Outdoor Features

Patio

Parking

Garage - Detached

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherDryerWater Heater - GasMicrowaveRangeRefrigeratorWasherWater Softener - Owned

Questions & Answers

This 4-bedroom, 2-bathroom single family at 921 N Payne Street is listed at $275,000 ($121/sqft). The estimated monthly payment is $1,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 0.19 acre lot. Interior Features: 3 BR on One Level, Main Floor Bedroom.

This property is listed by Jimmy Leasure.

JL

Jimmy Leasure

Agent at Keller Williams Preferred Realty

Listed by Keller Williams Preferred Realty · Broker phone: (952) 746-9696 · View on Broker Site · Broker website

MLS# 7079613· Source: Northstar MLS· 156 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

921 N Payne Street, New Ulm, MN 56073

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