240 S 1st Ave E, Melrose, MN 56352
OFF MARKET

$160,600

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 952 sqft (on 0.52 acres)

240 S 1st Ave E, Melrose, MN 56352

Est. Refi. Payment $1,036/mo*
Refinance Your Home
Currently Off Market - Sold Nov 18, 2015 for $100,000

Home Value

Trulia Estimate
$161K
Since last month
Decreased$7K (-4%)
Since last year
Increased$23K (+17%)
Since last sale
Increased$61K (+60.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +59% in the last 10 years
MonthEstimated value
2026
August 2026$161K
July 2026$167K
June 2026$143K
May 2026$145K
April 2026$139K
March 2026$155K
February 2026$142K
January 2026$144K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
113 4th St SW, Melrose, MN
0.17
Single-Family Home
$112,250
02/24/26
3
1
1,659
4 Riverside Ave NE, Melrose, MN
0.30
Single-Family Home
$155,000
04/06/26
3
1
1,912
10 Kraft Dr SW, Melrose, MN
0.13
Single-Family Home
$289,900
07/31/26
4
2
1,830
15 1st St SE, Melrose, MN
0.19
Single-Family Home
$165,000
09/16/25
4
1.5
1,450
225 Main St W, Melrose, MN
0.38
Single-Family Home
$170,000
06/30/26
3
2
1,455
307 2nd St SE, Melrose, MN
0.19
Single-Family Home
$62,000
02/24/26
5
2
676
307 Riverside Ave NW, Melrose, MN
0.58
Single-Family Home
$170,000
04/02/26
3
2
2,016
410 2nd St NW, Melrose, MN
0.54
Single-Family Home
$244,400
07/30/26
4
1
1,687
218 6th St SW, Melrose, MN
0.33
Single-Family Home
$285,000
10/10/25
2
2
2,322
320 2nd Ave SW, Melrose, MN
0.21
Single-Family Home
$235,000
11/21/25
4
2
2,310

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
111 3rd St SE, Melrose, MN 56352
0.06
$236,400
3
1
2,065
Off Market
10 Kraft Dr SW, Melrose, MN 56352
0.13
$289,900
4
2
1,830
Recently Sold
4 2nd St SE, Melrose, MN 56352
0.10
$209,500
4
2
1,736
Off Market
106 3rd St SW, Melrose, MN 56352
0.16
$173,100
3
1
1,003
Off Market
103 3rd St SW, Melrose, MN 56352
0.15
$175,000
3
1.5
1,272
For Sale
302 E 2nd St S, Melrose, MN 56352
0.16
$183,800
3
2
1,474
Off Market
113 4th St SW, Melrose, MN 56352
0.17
$112,250
3
1
1,659
Recently Sold
120 1st St SE, Melrose, MN 56352
0.16
$313,500
4
3
2,772
Off Market
303 4th Ave SE, Melrose, MN 56352
0.19
$128,200
4
2
1,628
Off Market
101 3rd Ave SE, Melrose, MN 56352
0.18
-
1
1
1,320
Off Market
320 2nd Ave SW, Melrose, MN 56352
0.21
$235,000
4
2
2,310
Recently Sold
404 3rd St SE, Melrose, MN 56352
0.22
$188,600
3
1
1,352
Off Market

Local Information

  • Map ViewExplore the area around 240 S 1st Ave E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1964
0.52 acre lot
952 sqft
$169/sqft
Garage

About this House

This single-family home is located at 240 S 1st Ave E, Melrose, MN. 240 S 1st Ave E is in Melrose, MN and in ZIP code 56352. This property has 3 bedrooms, 1 bathroom and approximately 952 sqft of floor space. This property has a lot size of 0.52 acres and was built in 1964.
240 S 1st Ave E, Melrose, MN 56352 is a 3 bedroom, 1 bathroom, 952 sqft single-family home built in 1964. It last sold for $100,000 on Nov 18, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $160,600, with a rent estimate of $1,433/month.

Home Details for 240 S 1st Ave E

Interior Features

Interior Details
BasementAtticNumber of Rooms: 7
Levels, Entrance, & Accessibility
Stories: 1.25Floors: Tile

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Other
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.52 acres

Price and Tax history

DateEventPrice
Nov 18, 2015
Source: N/A
Sold
$100,000
Jul 11, 2014
Source: N/A
Sold
$100,000

Market trends in Melrose

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
6

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Melrose

At least 1 Trulia users voted on each feature.

  • 100 % Say people would walk alone at night

  • 100 % Say kids play outside

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say parking is easy

  • 100 % Say there's wildlife

  • 80 % Say neighbors are friendly

  • 75 % Say yards are well-kept

  • 75 % Say there's holiday spirit

  • 67 % Say it's walkable to restaurants

  • 67 % Say car is needed

  • 50 % Say it's dog friendly

  • 50 % Say it's walkable to grocery stores

  • 33 % Say there are sidewalks

  • 33 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Paloma V.
    "Friendly neighborhood. Easy walking access for groceries and more. Good for outdoor activities and more"
    1
    Flag
  • Little Y
    "I have lived here for about 10 years and I don't feel safe. trucks zoom up and down the street neighbors come and go constantly all hours of the day and night. cops never seem time I anything about the traffic or the speed of vehicles zooming up and down the street."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 240 S 1st Ave E

  • What is 240 S 1st Ave E estimated to be worth?
    Trulia's estimated value for 240 S 1st Ave E in Melrose, MN is $160,600.
  • What is the price history for 240 S 1st Ave E?
    240 S 1st Ave E in Melrose, MN last sold for $100,000 in November 2015.
  • Is Melrose a buyer's or seller's market?
    Melrose is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 240 S 1st Ave E?
    The closest schools to 240 S 1st Ave E in Melrose, MN are Melrose Elementary School (Pre-K, rated 7/10), Melrose Middle School (rated 5/10), Melrose Secondary (High, rated 8/10).
  • How big is the lot at 240 S 1st Ave E?
    The lot at 240 S 1st Ave E in Melrose, MN is about 0.52 acres (22,500 sq ft).
  • Does 240 S 1st Ave E have a garage?
    Yes, 240 S 1st Ave E in Melrose, MN has a garage.

Apartments for Rent

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Off Market Homes Near 240 S 1st Ave E

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Homes for sale near 240 S 1st Ave E

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