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Completely renovated home near Mille Lacs Lake in Isle, MN! Enjoy the best of small-town living and lake area recreation with this cozy 2-bedroom, 1-bath home located on a spacious 0.744-acre lot on the edge of Isle, Minnesota! Completely renovated in 2026, this move-in-ready property offers an incredible combination of affordability, modern updates, and an unbeatable location. Nearly everything inside and out is brand new! Exterior improvements include a newer metal roof, new vinyl siding, and new windows. Interior updates include new flooring, walls, kitchen, appliances, and a beautifully updated 3/4 bathroom. Additional improvements include updated plumbing, electrical, and a newer water heater. The HVAC system is approximately 5 years old. The home is connected to city water and sewer, with natural gas available. Location is what really sets this property apart! Situated on the south side of beautiful Mille Lacs Lake, you're just steps from the Soo Line Trail system and only 1–3 blocks from everything Isle has to offer. Enjoy easy access to Father Hennepin State Park, world-class fishing, Grand Casino, and a fenced dog park just a couple of blocks away. Looking for an affordable year-round home, weekend getaway, or fishing cabin? This property checks all the boxes! Located approximately 90 minutes from the Twin Cities, it's an easy escape from the hustle and bustle while keeping you close to all the recreation and amenities the Mille Lacs area has to offer. With nearly three-quarters of an acre, there's also plenty of room to add a garage, pole building, or additional storage to suit your needs. Affordable, fully renovated, and in a fantastic location near Mille Lacs Lake — this is an opportunity you won't want to miss!

  • Bedrooms
    2
  • Year Built
    1935
  • Stories
    1.0
  • Construction Materials
    Frame, Vinyl Siding
  • Foundation
    Block, Other, Combination
  • Parking Features
    None
  • Living Area
    638.0
  • Interior Features
    Eat-in Kitchen
  • Appliances
    Electric Water Heater, Microwave, Refrigerator, Range, Stainless Steel Appliance(s), ENERGY STAR Qualified Appliances
  • Patio And Porch
    Porch, Front Porch
  • Cooling
    Ceiling Fan(s), None
  • Heating
    Forced Air, Propane
  • Basement
    Partial, Unfinished, Block

  • Acres
    0.744
  • Lot Features
    Irregular Lot
  • Water
    Public

  • County
    Mille Lacs
  • City
    Isle
  • Zip Code
    56342

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Frequently Asked Questions

How do I schedule a tour of 475 3rd Ave?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 475 3rd Ave.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 475 3rd Ave?

Click Ask a Question to talk with our team. You already know it is a 2 bed, N/A bath, listed for $174,900. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Isle, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 475 3rd Ave?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 475 3rd Ave at around $1,116. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 475 3rd Ave?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Mille Lacs County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 475 3rd Ave?

In most cases, yes. Whether 475 3rd Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Isle's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 475 3rd Ave?

We can handle that for you. Our preferred local agent specializes in residentials in Isle and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $174,900 with 638 sqft of space—that comes out to approximately $274 per square foot.

How long has this property been on the market?

475 3rd Ave was listed on November 09, 2026, which means it's been on the market for 1 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1935, making it approximately 91 years old.

What is the lot size of this property?

475 3rd Ave sits on a 0.74-acre lot, which is 32,234 square feet.

What are the property taxes for 475 3rd Ave?

The most recent public record shows annual property taxes for 475 3rd Ave were approximately $1,451. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 475 3rd Ave still available for sale?

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 10, 2026 at 04:35PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: November 10, 2026 at 04:35PM | Source: NorthstarMLS | MLS#: 7170526

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