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508 Main St W, Nevis, MN, 56467

1beds
1baths
775sqft
$119,900
$155price/sqft
$961/moest. monthly cost
$38,440/yrincome needed

About This Home

Cute and cozy 1 bed, 1 full bath home located right in the city of Nevis. This charming property has seen several updates and offers comfortable living with a convenient in-town location. Situated on a nice corner lot, the home also features a storage shed for your extra space needs. Whether you’re looking for a starter home, weekend getaway, or investment opportunity, this one is worth a look.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
52
BikeBikeable

Schools

8/10
Nevis Elementary SchoolGrades PK-60.3 mi
8/10
Nevis SecondaryGrades 7-120.3 mi

Construction

Condition

  • Year built: 1916

Materials

  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Crawl Space

Bedroom

  • Level: Main
  • Area: 99.75
  • Dimensions: 7.5x13.3

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 775

Foyer

  • Level: Main
  • Area: 63.91
  • Dimensions: 8.3x7.7

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 775
  • Total interior livable area: 775 sqft

Kitchen

  • Level: Main
  • Area: 176.88
  • Dimensions: 13.2x13.4

Living Room

  • Level: Main
  • Area: 178.22
  • Dimensions: 13.3x13.4

Office

  • Level: Main
  • Area: 81
  • Dimensions: 9x9

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 314204400
  • Zoning description: Residential-Single Family
  • Foundation area: 775

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 6,969 sqft
  • Lot size dimensions: 50 x 140

Parking

  • Parking features: None

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
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Winter Weather
Drought
Lightning
Tornado

FEMA Declared Disasters in Hubbard 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 $606$7,272
Home Insurance *$73$876
Property Taxes $112$1,344
Electricity $170$2,050
Total$961$11,532
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$32,948/yr
40% on housing$28,830/yr
45% on housing$25,626/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: 11.1%
11.1%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$155This listing

vs Other Active Listings

Avg $/sqft

ZIP 56467$231
Hubbard County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 56467
Hubbard County$144

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)

Price History

DateEventPrice
2026-07-24Price change$119,900
2026-06-09Listed for sale$124,900
2023-08-22Listing removed--
2023-08-11Listed for rent$885
2018-05-30Sold$53,000
2017-12-15Sold$43,500
2017-10-18Listed for sale$49,900
2012-09-19Sold$34,500

For Sale by Agent

AgentEric Wolff
BrokerageWolff & Simon Real Estate

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