101 Wilson St, Springfield, MN, 56087
About This Home
Incredible mixeduse opportunity in Springfield, MN! This unique property includes two updated geothermal homes, a 44×88 commercial shop, and three city lots, all sold together as one versatile package. Perfect for investors, business owners, or anyone seeking a live work setup with multiple income streams. The commercial building features a freshly painted brick front, 200 amp electrical, multiple overhead doors, upper storage, and mixed commercial/residential zoning. Ideal for welding, auto work, or rental income. Both homes are updated and energy efficient with geothermal heating/cooling, modern siding, and 1.75 baths. One home is currently rented, providing immediate income. The three city lots offer ample parking, yard space, and future expansion potential. A rare chance to own a turnkey multi property package with exceptional flexibility and value. Property includes two tax parcels and a commercial building that crosses parcel lines. All parcels must be sold together. Property Taxes does not include the 2nd parcel ID Number and lot size.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1915
Materials
- Roof: Age Over 8 Years,Asphalt
- Construction materials: Brick,Concrete,Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Water Heater,Exhaust Fan,Microwave,Range,Refrigerator,Washer,Water Softener Owned
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Full,Partially Finished,Storage Space,Tile Shower
Bedroom
- Level: Second
- Area: 150
- Dimensions: 10x15
Bedroom2
- Level: Main
- Area: 135
- Dimensions: 9x15
Bedroom3
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Dining Room
- Level: Main
- Area: 210
- Dimensions: 14x15
Features
- Number of fireplaces: 1
- Fireplace features: Brick,Living Room,Wood Burning
- Fireplace: Yes
- Finished area below ground: 42
- Finished area above ground: 1,151
Heating & Cooling
- Heating features: Geothermal
- Cooling features: Geothermal
Interior Area
- Total structure area: 1,778
- Total interior livable area: 1,193 sqft
Kitchen
- Level: Main
- Area: 195
- Dimensions: 13x15
Living Room
- Level: Main
- Area: 204
- Dimensions: 12x17
Primary Bathroom
- Level: Second
- Area: 40
- Dimensions: 5x8
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 00319000101010
- Zoning description: Business/Commercial,Residential-Single Family
- Foundation area: 670
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Privacy,Wood
Lot
- Lot size: 7,056 sqft
- Features: Corner Lot,Tree Coverage - Light
- Lot size dimensions: 0.162
Parking
- Total spaces: 1
- Parking features: Detached Garage,Gravel,Asphalt,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Winter Weather
- Hail
- Inland Flooding
- Tornado
- Drought
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters in Brown County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,002 | $24,024 |
| Home Insurance * | $523 | $6,276 |
| Property Taxes | $647 | $7,764 |
| Electricity | $170 | $2,050 |
| Total | $3,342 | $40,104 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-07 | Price change | $396,000 |
| 2026-06-18 | Listed for sale | $429,000 |
| 2021-02-20 | Listing removed | -- |
| 2017-06-05 | Listing removed | $675 |
| 2017-04-29 | Listed for rent | $675 |
| 2003-10-01 | Sold | $55,500 |
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