Open House Wed, Sep 16th 04:30 PM - 06:00 PM - Primary on Main
Address
404 Walnut Street, Marshall, MN
Price
$ 235,000
Property Attributes
  • ID#7141565
  • TypeSingle Family
  • Listing Status Active
  • CountyLYON
  • CityMarshall
  • AreaRiverside Add
  • NeighborhoodRiverside Add
  • Zip56258
  • StyleSingle Family
  • Year Built1950
  • Taxes$ 3132
  • Price$ 235,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1901
  • Lot Size0.169 Acres
Data Source:
Northstar MLS (NSTAR)
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!

Price History
9/15/2026 Listed $235,000

General Features

Living Area 1901
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 2
Construction Materials Frame
Year Built 1950
Electric Circuit Breakers,150 Amp Service
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Lyon
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Riverside Add
Other Structures Garage(s),Storage Shed
Full Baths 1
Directions From E College Drive,turn on to N 3rd St then right on to Walnut St. Follow until the dead end and the home will be second to the last on the right side.
City Marshall
High School District Marshall
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3132
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Patio,Washer/Dryer Hookup,Walk-Up Attic
PostalCity Marshall

Interior Features

Basement Full,Storage Space,Unfinished
Total Fireplaces 1
Fireplace Features Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1901
3/4 Baths 1
Laundry Features Lower Level
Total Bedrooms 4
Total Baths 2
Bath Desc 3/4 Basement,Main Floor Full Bath
Dining Room Description Eat In Kitchen,Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 20x24
Garage Square Feet 480

Exterior Features

Fencing Full,Other,Wood
Parking Features Detached Garage,Gravel,Electric,Storage
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.169
Building Area Total 3045
Lot Dimensions 49.5x150
Waterfront Y/N No
Foundation Area 1272
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 56258

Price
AVG $270K
$240K
Taxes
AVG $2,105
$3,132
Year Built
AVG 1963
1950
Visits
AVG 71
2
Data Provided by Inside Real Estate®

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