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208 State Highway 5, Arlington, MN, 55307

3beds
2baths
2,693sqft
$174,000
$65price/sqft
$1,487/moest. monthly cost
$59,480/yrincome needed

About This Home

Investment opportunity! This amazing property offers multiple avenues of revenue, whether you use it as a residential duplex, commercial space, single family home or a mixed use property! Desirably located on Highway 5, right as you enter town it’s a prime real estate location! Inside you will find the main level provides a one bedroom, 3/4 bathroom unit. Main level bathroom improvements include new flooring, sink and paint! Upstairs offers a two bedroom, 3/4 bathroom unit with hardwood flooring! Upper level bathroom improvements include paint, toilet, shower, faucet and flooring! Outside you will find an oversized, insulated, heated and cooled garage, that doubled most recently as a store front. Additionally, there is a large greenhouse/storage shed. New roof and siding in 2024! Exterior steps going to the upper level new in 2022! Schedule your private showing today!

Getting Around

48
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1905

Materials

  • Roof: Age 8 Years or Less,Asphalt
  • Construction materials: Post and Beam,Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex Up and Down

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Storage Space,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Finished area below ground: 840
  • Finished area above ground: 1,853

Heating

  • Heating features: Hot Water,Radiator

Interior Area

  • Total structure area: 2,693
  • Total interior livable area: 2,693 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 310319000
  • Zoning description: Business/Commercial
  • Foundation area: 840

Features

  • Levels: Two

Lot

  • Lot size: 8,102 sqft
  • Features: Corner Lot,Tree Coverage - Light
  • Lot size dimensions: 121 x 56

Parking

  • Total spaces: 1
  • Parking features: Detached Garage,Garage,Heated Garage,Insulated Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Inland Flooding
Tornado
Winter Weather
Drought
Heat Wave
Ice Storm

FEMA Declared Disasters in Sibley 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 $879$10,548
Home Insurance *$189$2,268
Property Taxes $192$2,304
Electricity $227$2,725
Total$1,487$17,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,982/yr
40% on housing$44,610/yr
45% on housing$39,653/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: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.4%
4.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$65This listing

vs Other Active Listings

Avg $/sqft

ZIP 55307$136
Sibley County$116

vs Homes Sold Last Month

Median $/sqft

ZIP 55307
Sibley County$109

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
2026-04-23Price change$189,000
2026-03-10Price change$199,000
2025-11-05Listed for sale$210,000

For Sale by Agent

AgentLindsay Danielle Thomes
BrokerageTrue Real Estate

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