202 3rd Ave SE Barnesville, MN 56514
Estimated payment $7,660/month
Highlights
- Popular Property
- No HOA
- 2 Car Detached Garage
- Barnesville Secondary School Rated 9+
- Stainless Steel Appliances
- Stair Lift
About This Home
Exceptional turnkey opportunity! This fully renovated 20-bedroom(some are currently being used as exercise and game rooms), 6-bathroom property is currently operating as an adult foster care business and is well-suited for continued use or conversion to assisted living. Completely renovated since seller purchased the home.
This 3 story home is thoughtfully designed to accommodate both residents and potential employees, featuring private living quarters for an owner/operator as well as a separate 1-bedroom apartment for an employee.
This sale includes nearly all furnishings and operational essentials—allowing a seamless transition for the next owner—excluding only personal décor and wall hangings. The seller is also willing to assist qualified buyers with the licensing process, making this an ideal opportunity for those looking to enter or expand in the care industry.
Strong income potential with financials available; seller is willing to share 2025 income details with qualified buyers.
Step into a well-established, lucrative business with everything in place for immediate success.
See disclosure and addendum for updates. Appliances included are 2 washer/dryer sets, upright freezer, chest freezer, 5 refrigerators, 2 ranges, 1 dishwasher, 4 microwaves(2 built in-2 counter),
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,938
Year Built
- Built in 1888
Parking
- 2 Car Detached Garage
Interior Spaces
- 8,164 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Block Basement Construction
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 20 Bedrooms
Laundry
- Dryer
- Washer
Accessible Home Design
- Grab Bar In Bathroom
- Stair Lift
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Gas Water Heater
Community Details
- No Home Owners Association
- Original Barnesville Subdivision
Listing and Financial Details
- Assessor Parcel Number 505752170
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,200 | $475,500 | $20,000 | $455,500 |
| 2024 | $5,938 | $439,400 | $20,000 | $419,400 |
| 2023 | $5,452 | $403,000 | $20,000 | $383,000 |
| 2022 | $5,248 | $381,000 | $20,000 | $361,000 |
| 2021 | $5,162 | $327,600 | $20,000 | $307,600 |
| 2020 | $4,658 | $327,700 | $20,000 | $307,700 |
| 2019 | $3,706 | $300,000 | $20,000 | $280,000 |
| 2018 | $3,420 | $286,100 | $20,000 | $266,100 |
| 2017 | $2,372 | $272,200 | $20,000 | $252,200 |
| 2016 | $2,298 | $185,900 | $11,300 | $174,600 |
| 2015 | $1,002 | $158,400 | $7,500 | $150,900 |
| 2014 | -- | $158,400 | $7,500 | $150,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2026 04/20/26 | For Sale | $1,350,000 | -- | $165 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available |
Source: NorthstarMLS
MLS Number: 7058300
APN: 50-575-2170
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Ask me questions while you tour the home.