For Sale: Marshall MLS# 7141565
Active
NEW!
$235,000
Single Family: 1.5 Stories
4 br • 2 ba • Built 1950
1,901 sqft • 0.169 acres
Marshall schools
MLS# 7141565
Open House
4:30p - 6p
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Property Description
A home to make your own OR an established investment opportunity ready for its next owner! 404 Walnut Street offers a unique opportunity to purchase a charming, thoughtfully updated home that is currently operating as a successful, fully functional Airbnb. For buyers looking to invest, the existing short-term rental operation can be transferred to the new owner, if desired, offering the opportunity to step into an established business rather than starting from scratch. Prefer to call it home? It is equally ready to welcome its next full-time owner. Inside, hardwood floors and abundant natural light create a warm, inviting feel throughout the main level. The living room flows seamlessly into the dining area and updated kitchen, complete with stainless steel appliances, a stylish backsplash, and direct access to the back deck. Three nicely sized bedrooms and a full bathroom are also conveniently located on the main level. Upstairs, the expansive finished walk-up attic adds an impressive amount of versatile living space. Skylights fill the area with natural light, while a gas fireplace adds warmth and character. Create a spacious primary retreat, family room, home office, guest quarters, or a combination that works for you. The basement offers even more possibilities with a largely blank canvas ready to be finished to fit your needs. Imagine a game room, second living area, home gym, additional bedroom space, or whatever your plans call for. A 3/4 bathroom, laundry area, and updated mechanicals are already in place, giving you a great head start. Outside, enjoy a fenced backyard, deck, storage shed, and detached two-stall garage. Whether you're searching for your next home or looking to add an established short-term rental to your investment portfolio, 404 Walnut offers an exciting combination of character, space, flexibility, and income-producing potential. Move in and make it yours, or continue the established Airbnb operation as its next owner!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$235,000
Price per sq ft:
$124
Property Type:
Single Family
City:
Marshall
Garage Spaces:
2
County:
Lyon
Year Built:
1950
State:
MN
Property Style:
1.5 Stories
Zip Code:
56258
Subdivision Name:
Riverside Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,901 ft2
Total Fireplaces:
1
Living Area:
1,901 ft2
Common Wall:
No
Appliances Included:
- Dishwasher
- Dryer
- Electric Water Heater
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
- Washer
Fireplace Details:
Gas
Basement Details:
- Full
- Storage Space
- Unfinished
Exterior
Stories:
One and One Half
Garage Spaces:
2
Garage Dimensions:
20x24
Garage Size:
480 ft2
Air Conditioning:
Central Air
Foundation Size:
1,272 ft2
Fencing:
Full, Other, Wood
Handicap Accessible:
None
Out Buildings:
Garage(s), Storage Shed
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Detached Garage
- Electric
- Gravel
- Storage
Unit Amenities:
- Deck
- Hardwood Floors
- Kitchen Center Island
- Kitchen Window
- Main Floor Primary Bedroom
- Patio
- Walk-Up Attic
- Washer/Dryer Hookup
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
Frame
Roof Details:
Asphalt
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
None
3/4 Baths:
1
Bathroom Details:
- 3/4 Basement
- Main Floor Full Bath
Dining/Kitchen:
- Eat In Kitchen
- Separate/Formal Dining Room
Laundry:
Lower Level
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bedroom 4 | 16.7 x 31.2 | 496 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Dining Room | 11.8 x 10 | 110 |
| Bedroom | 11.4 x 11.4 | 121 |
| Kitchen | 10.3 x 15.1 | 150 |
| Living Room | 18 x 12 | 216 |
| Bedroom 2 | 16.2 x 9.11 | 144 |
| Bedroom 3 | 11.1 x 10 | 110 |
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.169
Geolocation:
44.453066, -95.785917
Lot Dimensions:
49.5 x 150
Zoning:
Residential-Single Family
Lot Description:
Tree Coverage - Medium
Schools
School District:
413
District Phone:
5075376924
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$3,132
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,182
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.