2526 Garnet Ave Slayton, MN 56172
Estimated payment $1,439/month
Highlights
- Deck
- 6 Car Attached Garage
- Forced Air Heating System
- West Elementary School Rated A-
About This Home
Excellent Investment Opportunity in Slayton!
This fully rented 4-plex is a strong addition to any investment portfolio. Located in the west side of Slayton close to the elementary school, this income generating property features four units with a strong history of occupancy. Three of the units offer 2 bedrooms, 1 bathroom, and a single garage stall. The fourth unit is a spacious 3-bedroom, 1.5-bath layout with the added convenience of an attached double garage. All units are heated with propane and offer laundry hook-ups in the shared basement. Recent updates include brand-new shingles on the attached garages (2024) and 5-year-old shingles on the main 4-plex structure, adding peace of mind and long-term value. Whether you're looking to expand your rental holdings or just getting started, this multi-family property delivers reliable cash flow in a stable rental market. Don’t miss your chance to own this solid income-producing asset in a great location! Call for more details!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,114
Year Built
- Built in 1948
Parking
- 6 Car Attached Garage
Home Design
- Quadruplex
Interior Spaces
- 4,002 Sq Ft Home
- 1.5-Story Property
- Unfinished Basement
- Shared Basement
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Utilities
- Forced Air Heating System
- Propane
Additional Features
- Deck
- Lot Dimensions are 163x142
Community Details
- 4 Units
- Hagen Add Subdivision
Listing and Financial Details
- The owner pays for insurance, grounds care, repairs, sewer, snow removal, trash collection
- Assessor Parcel Number 293100190
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 |
|---|---|---|---|---|
| 2024 | $3,586 | $243,700 | $26,800 | $216,900 |
| 2023 | $2,888 | $230,000 | $26,800 | $203,200 |
| 2022 | $2,804 | $211,000 | $24,400 | $186,600 |
| 2021 | $2,640 | $178,700 | $20,300 | $158,400 |
| 2020 | $2,666 | $171,500 | $20,300 | $151,200 |
| 2019 | $3,166 | $171,500 | $20,300 | $151,200 |
| 2018 | $3,082 | $164,300 | $20,300 | $144,000 |
| 2017 | $2,672 | $164,300 | $20,300 | $144,000 |
| 2016 | $2,026 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | For Sale | $198,500 | -- | $50 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $108,500 | -- |
Source: NorthstarMLS
MLS Number: 6716168
APN: 29-310-0190
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