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502 Vine Ave W, Montgomery, MN, 56069

6beds
4baths
3,412sqft
$399,900
$117price/sqft
$3,199/moest. monthly cost
$127,960/yrincome needed

About This Home

Wonderful 4-plex with strong previous ownership! Roof, siding and windows in good shape, 2 gas meters, 4 electric meters, concrete driveway, 2-car garage, laundry machines in every unit, patio, deck, large lot. Two 2 bed 1 bath units, and two 1 bed 1 bath units. Come see!

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

6/10
Montgomery Pre K-8Grades PK-80.4 mi
5/10

Construction

Condition

  • Year built: 1969

Materials

  • Roof: Asphalt

Type & Style

  • Home type: MultiFamily
  • Property subType: Fourplex

Interior

Appliances

  • Laundry features: Main Level,In Unit

Basement

  • Has basement: Yes
  • Basement: Block,Egress Window(s),Finished,Full,Sump Pump

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Finished area below ground: 1,706
  • Finished area above ground: 1,706

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 3,412
  • Total interior livable area: 3,412 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 220094300
  • Zoning description: Residential-Multi-Family
  • Foundation area: 1706

Features

  • Levels: One
  • Patio & porch: Deck,Patio

Lot

  • Lot size: 0.55 Acres
  • Lot size dimensions: 150 x 160 x 150 x 160

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Strong Wind
    Strong WindVery High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Hail
Tornado
Cold Wave
Winter Weather

FEMA Declared Disasters in Le Sueur County and Minnesota

Flood
Severe Storm
Straight Line Winds

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

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$322$3,864
Property Taxes $568$6,816
Electricity $287$3,453
Total$3,199$38,388
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,680/yr
40% on housing$95,970/yr
45% on housing$85,306/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

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.

Insurance Growth Rate5-year average: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.7%
4.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$117This listing

vs Other Active Listings

Avg $/sqft

ZIP 56069$123
Le Sueur County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 56069$165
Le Sueur County$163

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

DateEventPrice
2026-05-01Listed for sale$399,900

For Sale by Agent

AgentJoe "Bubba" Kubes
BrokerageKubes Realty Inc

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