$139,000

407 E 2nd St Sherburn, MN 56171

Estimated payment $926/month

Total Views 2,794
3 Beds
2 Baths
2,400 Sq Ft
$58 Price per Sq Ft

Highlights

  • Corner Lot
  • Living Room
  • Forced Air Heating System
  • 2 Car Attached Garage
  • Landscaped with Trees
  • Family Room

About This Home

This investment property has 2 houses, 2 garages, and 3 older cabins....all included. The bigger house has been remodeled with many newer upgrades. It has 2 bedroom, 1 bathroom, 3 large living areas, potential for more bedrooms, an office area, large kitchen, main floor laundry, attached garage, and a nice shop area. The furnace and AC are newer. This house will bring good rent. The smaller house is a 1 bedroom/ 1 bath with a detached garage. There is currently a good renter in it. The roof was replaced in 2020. The utilities are separate, so renting is very easy.

Listing Agent

Scott Bahr

Bull Market Realty Listed on: 09/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 1940

Lot Details

  • Corner Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Property Attached
  • Asphalt Roof
  • HardiePlank Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • Family Room
  • Living Room
  • Unfinished Basement
  • Partial Basement
  • Laminate Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,304

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Corner Lot: Yes
  • FloorLaminate: Yes
  • FloorVinyl: Yes
  • HamletID: 0
  • HeatFuelNaturalGas: Yes
  • HeatTypeForcedAir: Yes
  • IsNaturalGasAvailable: Yes
  • KitchenCounterType: Laminate
  • LandRentAmount: 0
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Sherburn
  • Prop. Type: House (Attached)
  • Renovation Year: 0
  • ResidentialStyle: Ranch
  • RoofAsphalt: Yes
  • Family Room: Yes
  • First Floor Bathroom: Yes
  • Kitchen: Yes
  • Primary Bedroom: Yes
  • SForSaleAndRForRental: S
  • SidingHardi: Yes
  • USStateAbbreviation: MN
  • ViewStreet: Yes
  • WaterSourceType: Municipal
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Basement Type: Partial
  • BasementUnfinished: Yes
  • Kitchen Type: Separate
  • Fireplaces: 0
  • Living Room: Yes
  • AboveArea Sq Ft: 2400

Exterior Features

  • Trees: Yes

Garage/Parking

  • AttachedParking: 0
  • Driveway: Yes
  • Garage Type: Attached
  • Numberof Garage Spaces: 2

Utilities

  • Sewer Type: Municipal

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: MARTIN COUNTY WEST SCHOOL DISTRICT

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 3
  • Total Taxes: 2304

Tax Info

  • Tax Year: 2025

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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Average Value
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List Price
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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 $2,304 $87,300 $14,500 $72,800
2024 $1,236 $87,700 $8,400 $79,300
2023 $1,200 $73,600 $4,800 $68,800
2022 $1,098 $63,900 $4,800 $59,100
2021 $772 $47,100 $4,800 $42,300
2020 $728 $51,900 $4,800 $47,100
2019 $712 $45,400 $4,800 $40,600
2018 $676 $41,200 $4,800 $36,400
2017 $648 $23,400 $2,160 $21,240
2016 $668 $23,400 $2,160 $21,240
2015 $690 $24,900 $2,160 $22,740
2013 $856 $28,900 $3,598 $25,302
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2025 09/25/25 For Sale $139,000 -- $58 / Sq Ft
Source: My State MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $42,500 Jenkinson Abstract Co
Source: Public Records

Source: My State MLS

MLS Number: 11582948

APN: 381550010

Minnesota Martin County Sherburn 56171

407 E 2nd St, Sherburn, MN

For Sale

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Listing Agent
Scott Bahr
Section Image
Bull Market Realty
(507) 428-7845