519 College Street, Northfield, MN 55057 - MLS# 7146685
$394,900
Historic Northfield Gem with Exceptional Potential! Discover the charm and character of this turn-of-the-century 6-bedroom, 2-bath home ideally located in the beautiful and historic community of Northfield, where the Cannon River winds through town, and small-town charm meets vibrant college-town living.
Situated just a few blocks from downtown Northfield and the Carleton College campus, this spacious home offers a location that is difficult to duplicate. The property provides an outstanding opportunity for an investor seeking a desirable rental property, while also offering the space and character needed to make a wonderful single-family residence.
Inside, you'll find the generous room count and timeless appeal characteristic of a turn-of-the-century home, offering plenty of flexibility for today's lifestyle. Outside, the property features a detached 2-car garage and sits prominently on a corner lot, providing additional convenience and curb appeal.
Whether you're looking for a unique investment opportunity or a character-filled home in one of Northfield's most desirable areas, this property offers an exciting combination of location, history, space, and potential—all just minutes from downtown shops, restaurants, parks, the Cannon River, and Carleton College.
Interior Information
Size & Levels
Bathrooms
Rooms
Main Level Rooms
Upper Level Rooms
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1939 or earlier, about 68% of occupied homes are owner-occupied, and the average commute is 11 minutes.
Cost of Ownership
Median home value
$352,100
Higher than the Northfield median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$4,668/yr
Similar to the Northfield median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$2,041/mo
Lower than the Northfield median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$897/mo
Higher than the Northfield median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,467/mo
Higher than the Northfield median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
68%
Similar to Northfield overall
The share of occupied homes lived in by their owners.
Median year built
1951
Older than the Northfield median
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 2000-200915%
- 1960-19696%
- 1950-195915%
- 1939 or earlier44%
Types of homes
The share of housing units in each building type.
- Single-family detached55%
- 2-4 units20%
- 5+ units22%
Getting Around
Average commute
11 min
Lower than the Northfield median
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone35%
- Walk or bike46%
- Work from home17%
Homes with broadband
97%
Similar to Northfield overall
The share of households with a broadband internet subscription.
Schools
Questions and Answers
How much is 519 College Street?
519 College Street in Northfield, MN, is listed at $394,900 as of Nov 11, 2026 ($182 per finished square foot and 54 days on market).
What school district is 519 College Street in?
The MLS lists the school district as Northfield (ISD 659). Confirm enrollment with the district.
What are the property taxes for 519 College Street?
Property taxes are $6,420 for 2026, or $6,480 including special assessments. No special assessments are pending.
Does 519 College Street have an HOA fee?
No. The listing shows no homeowners association fee.
What is the commute like from 519 College Street?
The average one-way commute for the surrounding area is 11 minutes, compared with 24 minutes for the Twin Cities metro. About 35% of workers drive alone. Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates for the surrounding census tract.
What does it cost to own a home near 519 College Street?
In the surrounding census tract, the median home value is $352,100 and the median property tax bill is $4,668 a year; typical owner costs with a mortgage are $2,041 a month. These are area estimates, not figures for this home.
How do I schedule a showing of 519 College Street?
Call Pederson Realty anytime at 612-356-2121 to ask about this home, schedule a showing, or be connected to an agent. You can also contact the agent shown on this page or use the Tour in Person button. We can usually set up a showing within a day.
