$325,000

406 4th St S Buffalo, MN 55313

Estimated payment $1,966/month

Total Views 64
3 Beds
2 Baths
2,068 Sq Ft
$157 Price per Sq Ft

Highlights

  • Front Porch
  • Patio
  • 2-minute walk to Sturges Park
  • 1 Car Attached Garage
  • Property is Fully Fenced

About This Home

Exceptional duplex opportunity in the heart of Buffalo, offering both refined living and strong investment potential. The upper-level residence is leased to a long-term tenant, providing immediate, stable income. This thoughtfully designed space features a full bath and an expansive kitchen and living room, with generous proportions.
The main-level residence showcases an inviting open-concept design with two bedrooms and a full bath. An eat-in kitchen flows effortlessly into the living area, anchored by a cozy fireplace that adds warmth and character. A spacious, unfinished lower level presents excellent storage or future value-add potential.
Outdoors, enjoy a charming front porch and a large, level backyard fully enclosed with a privacy wood fence—ideal for entertaining or quiet relaxation. Perfectly positioned within walking distance to downtown Buffalo’s shops, dining, and amenities, this property blends lifestyle, location, and opportunity. Don’t miss out on this one. Schedule your showing today! Make this house your home!

Listing Agent

Niki Fairbanks

Engel & Volkers Prior Lake Listed on: 03/20/2026

Engel & Volkers Prior Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,074

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 80x133
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Few Trees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Pitched Roof
  • Block Exterior

Interior Spaces

  • 2,068 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Sink Near Laundry
  • Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Boiler Heating System
  • Radiant Heating System
  • 100 Amp Service

Community Details

  • 2 Units
  • Cadys 2Nd Add Subdivision

Listing and Financial Details

  • The owner pays for broadband, heat, water
  • Assessor Parcel Number 103020002040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,074

Year Built

Built in 1956

Lot Details

10,454 Sq Ft Lot

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Other
  • Year Built: 1956
  • Above Grade Finished Sq Ft: 2068
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Full, Unfinished
  • Living Area: 2068
  • Owner Pays: Broadband, Heat, Water
  • Basement YN: Yes
  • Amenities: Cable, Ceiling Fan(s), Hardwood Floors, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Open Floor Plan, Patio, Washer/Dryer Hookup
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan/Hood, Water Heater - Gas, Refrigerator, Wall Oven, Washer, Water Softener - Owned
  • FamilyRoomRoomFeatures: Main Level
  • Number Of Fireplaces: 1
  • Amenities: Cable, Kitchen Window, Tile Floors
  • Appliances: Range, Refrigerator

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: Full, Privacy, Wood
  • PatioPorchType: Front Porch, Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Boiler, Radiant
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Basement, Electric Dryer Hookup, Sink
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Buffalo-Hanover-Montrose
  • SchoolDistrictPhone: 7636828707

Lot Info

  • Topography: Level
  • Lot Size: 80x133
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block
  • Units Total: 2

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 103020002040
  • Tax Annual Amount: 3074
  • TaxWithAssessments: 3074

Multi Family

  • TenantPays: Electricity, Trash Collection
  • ElectricExpense: 2093
  • FuelExpense: 1657
  • Number Of Refrigerators: Two

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,074 $270,300 $75,000 $195,300
2024 $3,268 $260,700 $70,000 $190,700
2023 $3,154 $280,200 $70,000 $210,200
2022 $2,760 $253,200 $64,000 $189,200
2021 $2,844 $203,500 $50,000 $153,500
2020 $2,784 $205,300 $45,000 $160,300
2019 $2,194 $195,600 $0 $0
2018 $2,060 $147,400 $0 $0
2017 $2,026 $138,000 $0 $0
2016 $2,744 $0 $0 $0
2015 $2,434 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 For Sale $325,000 -- $157 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Deed $288,000 --
Deed $129,900 Central Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,000 New Conventional
Source: Public Records

Source: NorthstarMLS

MLS Number: 7037508

NorthstarMLS

APN: 103-020-002040

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