




248 Main St W, Wabasha, MN, 55981
About This Home
This location is hard to beat. Set in the heart of downtown Wabasha and just one block from the Mississippi River, this condo is within easy walking distance of the river front, the National Eagle Center, the amphitheater, the library, coffee shops, restaurants, local boutiques, Under the Bridge concerts, and Slippery’s, made famous by Grumpy Old Men. A laundromat is conveniently located across the street. From the living room, you can even catch a view of the bridge. Located steps above Main Street in a beautiful brick building that has long been a downtown staple, this clean and charming condo has a personality all its own. The spacious kitchen offers plenty of cabinet space, a pantry, and name brand appliances. The living room includes a dry bar area, space for a dining table, and a beautiful two sided, stone accented gas fireplace. Vinyl plank flooring runs throughout the main living areas and bedroom, with no carpet anywhere in the unit. On the other side of the fireplace is a cozy bonus space with a mantel and jetted tub. It is an unexpected little retreat that could be used as a spa room, reading nook, yoga space, or sitting room. Marble tile surrounds the tub. Whether you are looking for an affordable place to call your own or are interested in exploring rental possibilities, this is a genuinely special opportunity to own a little piece of downtown Wabasha. Rental use is subject to buyer verification of all applicable association and local requirements. Most furnishings may be available with an acceptable offer, making this an easy turnkey option. Massage chair and bed frame are excluded. Owning this affordable home could be cheaper than renting! The association fee is only $111 per month and includes gas, heat, water, sewer, trash, and insurance; the owner currently pays only electric and internet.
Getting Around
Schools
Construction
Condition
- Year built: 1884
Materials
- Roof: Flat,Rubber
Type & Style
- Home type: Condo
- Property subType: (CC) Low Rise (3- Levels)
Interior
Appliances
- Appliances included: Freezer,Microwave,Range,Refrigerator
- Laundry features: Other
Basement
- Basement: None
Bathroom
- Level: Main
- Area: 45
- Dimensions: 9'x5'
Bedroom
- Level: Main
- Area: 99.75
- Dimensions: 9'6x10'6
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/4 bathrooms: 1
Features
- Number of fireplaces: 1
- Fireplace features: Double Sided,Gas,Living Room,Stone
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 675
Heating & Cooling
- Heating features: Fireplace(s)
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 675
- Total interior livable area: 675 sqft
Kitchen
- Level: Main
- Area: 115
- Dimensions: 9'7x12'
Living Room
- Level: Main
- Area: 221
- Dimensions: 13'x17'
Sitting Room
- Level: Main
- Area: 169
- Dimensions: 13'x13'
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: R270160300
- Attached to another structure: Yes
- Zoning description: Residential-Single Family
- Foundation area: 675
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 696.96 sqft
- Lot size dimensions: Common
Parking
- Parking features: 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
- Strong Wind
- Hail
- Inland Flooding
- Tornado
- Cold Wave
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Wabasha 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 | $616 | $7,392 |
| Home Insurance * | $87 | $1,044 |
| Property Taxes | $27 | $324 |
| Electricity | $170 | $2,050 |
| Total | $900 | $10,800 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-21 | Price change | $122,000 |
| 2026-06-10 | Listed for sale | $125,000 |
| 2020-05-29 | Sold | $70,900 |
| 2013-11-05 | Sold | $42,500 |
