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!
Welcome to 404 Walnut! Charming, clean & move in ready! This 3 bedroom, 2 bathroom home is ready to welcome you with open arms!Features include: Anderson windows, clean Hardboard siding, a paver patio, beautiful landscaping & fenced in back yard.The kitchen boasts a fresh back splash, cambria center island (note the awesome pull out feature), stainless steel appliances & an overall modern feel. Off the kitchen is easy access to your deck & paver patio.An open family room with great natural lighting ties this area together. This opens up to the dining room that includes hardwood floors. The bathroom on the MF is updated & right next to all 3 BR's.The upper level boasts skylights, a gas fireplace & has great functional space! *Seller & Agent are related.
NORTHSTARMLS as Distributed by MLS Grid #5155573
May 3, 2019
Sold
$165,500
$87/sq ft
Mar 25, 2019
Pending
—
Mar 9, 2019
Contingent
—
Aug 29, 2018
Listed
$179,900
$95/sq ft
NORTHSTARMLS as Distributed by MLS Grid #5181835
Feb 2, 2019
Listing Removed
—
Aug 14, 2014
Sold
$157,000
$83/sq ft
May 7, 2014
Listed
$162,900
$86/sq ft
NORTHSTARMLS as Distributed by MLS Grid #5172417
Feb 2, 2019
Listing Removed
—
May 19, 2008
Listed
$148,000
$78/sq ft
NORTHSTARMLS as Distributed by MLS Grid #WCMN6006217
Jul 21, 2014
Pending
—
Jun 26, 2014
Price Changed
$162,900
$86/sq ft
Jun 26, 2014
Contingent
—
May 7, 2014
Listed
$169,900
$89/sq ft
LSAR as distributed by WIREX #2174094
Aug 14, 2014
Sold
$157,000
$83/sq ft
May 7, 2014
Listed
$162,900
$86/sq ft
RASM #4613756
Aug 14, 2014
Sold
$157,000
$83/sq ft
May 7, 2014
Listed
$162,900
$86/sq ft
Public Records
Jul 28, 2008
Sold
$146,500
$77/sq ft
NORTHSTARMLS as Distributed by MLS Grid #WCMN26732
May 19, 2008
Listed
$148,000
$78/sq ft
Public Records
Jul 1, 2006
Sold
$121,000
$64/sq ft
Public Records
Sep 1, 2002
Sold
$91,500
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,182 (+4.0%)
$15,400 + $171,800
$187,200
2025
$3,060 (+38.6%)
$15,400 + $171,800
$187,200
2024
$2,208 (+12.3%)
$15,400 + $156,200
$171,600
2023
$1,966 (+8.9%)
2022
$1,806 (+7.6%)
2021
$1,678 (+3.2%)
2020
$1,626 (+12.3%)
2019
$1,448 (+0.6%)
2018
$1,440 (+9.3%)
2017
$1,318 (−3.1%)
2015
$1,360 (+1.5%)
2014
$1,340
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
7,401 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Lyon County
APN
27-757010-0
Parking Spaces
—
Basement
—
Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Aug 5, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Marshall, MN • 56258
Average low and high temperatures (°F)
25
7
33
12
50
27
58
36
71
50
79
60
82
64
78
62
79
56
65
44
44
29
31
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.4 hours in
June and 3.9 hours in December, which is comparable to the
U.S. average for solar exposure.
10.4 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 404 Walnut St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $207,000 and $250,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $207K to $250K.