Welcome to this spacious and versatile home in the heart of New Ulm! Offering an abundance of living space and a flexible floor plan, this property is currently used as a single-family residence but is also a licensed duplex, providing exciting possibilities for its next owner. The main level features a bright and inviting living room, an updated kitchen with custom cabinetry and countertops, a sun-filled dining area, two generously sized bedrooms, and a full bathroom. Upstairs, you'll find two additional bedrooms, a full bathroom, and a second kitchen and living area, offering an ideal setup for extended family, guests, or potential rental income. The finished lower level provides even more room to spread out with a comfortable family room, a bonus room that could serve as a fifth bedroom with the addition of an egress window, a half bathroom, laundry area, and plenty of storage space. Notable improvements include updated siding and windows (2018), a new water heater (2021), and fresh carpeting throughout (2025). Whether you're looking for a spacious single-family home, a multi-generational living arrangement, or an investment opportunity, this property offers the flexibility to suit a variety of needs. Owner is a licensed real estate agent in the state of Minnesota.