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1128 11th St SW, Willmar, MN, 56201

10beds
3baths
3,400sqft
$340,000
$100price/sqft
$2,563/moest. monthly cost
$102,520/yrincome needed

About This Home

A rare chance to own a high-yield student housing property designed for consistent, reliable passive income. This spacious home features 10 private single-living rooms thoughtfully arranged across the main and lower levels, each offering students a quiet, comfortable place to study and unwind. Common areas include a large, open kitchen, two relaxing living rooms, three bathrooms, and two separate laundry areas, providing convenience and functionality for multiple occupants. The layout supports smooth shared living while maintaining privacy for each resident. Step outside to a partially private composite deck, perfect for reading, studying, or small gatherings. The home’s structure and flow make it ideal for long-term occupancy, low vacancy rates, and stable monthly returns. This property operates with established rules and systems that help maintain order, safety, and a positive living environment. Full operational details, financials, and house guidelines will be reviewed once Proof of Funds or Pre-Approval is provided and buyer intent is confirmed. A turn-key opportunity for investors seeking passive income, student housing, or multi-tenant cash flow in a well-maintained, purpose-driven property.

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

5/10
6/10
Willmar Middle SchoolGrades 6-80.9 mi
4/10

Construction

Condition

  • Year built: 1956

Materials

  • Roof: Age Over 8 Years,Asphalt
  • Construction materials: Block,Post and Beam,Concrete,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Washer,Water Softener Owned
  • Laundry features: Common Area,Lower Level,Main Level

Basement

  • Has basement: Yes
  • Basement: Block,Drain Tiled,Egress Window(s),Finished,Full,Shared Access,Storage Space,Sump Basket,Sump Pump

Bathroom

  • Level: Main
  • Area: 73.8
  • Dimensions: 9 X 8.2

Bathroom

  • Level: Main
  • Area: 68.4
  • Dimensions: 12 X 5.7

Bathroom

  • Level: Lower
  • Area: 36.4
  • Dimensions: 7 X 5.2

Bedroom

  • Level: Main
  • Area: 165
  • Dimensions: 16.5 X 10

Bedroom2

  • Level: Main
  • Area: 165
  • Dimensions: 16.5 X 10

Bedroom3

  • Level: Main
  • Area: 120
  • Dimensions: 12 X 10

Bedroom4

  • Level: Main
  • Area: 152.4
  • Dimensions: 12 X 12.7

Bedroom5

  • Level: Main
  • Area: 127
  • Dimensions: 12.7 X 10

Bedroom6

  • Level: Lower
  • Area: 129.6
  • Dimensions: 14.4 X 9

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 3
  • Full bathrooms: 3

Bonus Room

  • Level: Lower
  • Area: 115.2
  • Dimensions: 9.6 X 12

Bonus Room

  • Level: Lower
  • Area: 119.78
  • Dimensions: 10.6 X 11.3

Bonus Room

  • Level: Lower
  • Area: 121
  • Dimensions: 12.10 X 10

Bonus Room

  • Level: Main
  • Area: 142.68
  • Dimensions: 12.3 X11.6

Features

  • Number of fireplaces: 1
  • Fireplace features: Double Sided,Brick,Living Room,Wood Burning Stove
  • Fireplace: Yes
  • Finished area below ground: 1,347
  • Finished area above ground: 2,053

Foyer

  • Level: Main
  • Area: 47.7
  • Dimensions: 9 X 5.3

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,497
  • Total interior livable area: 3,400 sqft

Kitchen

  • Level: Main
  • Area: 173.34
  • Dimensions: 16.2 X 10.7

Living Room

  • Level: Main
  • Area: 284
  • Dimensions: 20 X 14.2

Living Room

  • Level: Lower
  • Area: 221.76
  • Dimensions: 17.6 X 12.6

Other

  • Level: Lower
  • Area: 98.1
  • Dimensions: 10.9 X 9

Property

Accessibility

  • Accessibility features: Doors 36"+,Grab Bars In Bathroom,No Stairs External,Partially Wheelchair,Roll-In Shower

Details

  • Parcel number: 955700330
  • Zoning description: Residential-Single Family
  • Foundation area: 1598

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Composite Decking,Deck
  • Fencing: None

Lot

  • Lot size: 10,410 sqft
  • Features: Corner Lot,Tree Coverage - Light,Tree Coverage - Medium
  • Lot size dimensions: 143 x 75

Parking

  • Parking features: Concrete,Off Site,On Street
  • 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
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather
Hail
Heat Wave
Ice Storm
Lightning
Tornado

FEMA Declared Disasters in Kandiyohi 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 $1,719$20,628
Home Insurance *$245$2,940
Property Taxes $313$3,756
Electricity $286$3,441
Total$2,563$30,756
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,874/yr
40% on housing$76,890/yr
45% on housing$68,346/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: 12.4%
12.4%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$100This listing

vs Other Active Listings

Avg $/sqft

ZIP 56201$144
Kandiyohi County$183

vs Homes Sold Last Month

Median $/sqft

ZIP 56201$139
Kandiyohi County$147

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
2026-07-29Listed for sale$340,000
2022-09-01Listing removed--
2022-04-28Listed for sale$270,000
2017-02-21Sold$155,000

For Sale by Agent

AgentJanet Matchinsky
BrokerageHome Match Realty

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