NOT LISTED FOR SALE

505 N 6th St Marshall, MN 56258

6 Beds
4 Baths
2,288 Sq Ft
3,049 Sq Ft Lot

Last Sold November 14, 2024

Last sale price $78,000 $34 Per Sq Ft

28 Days on Market

About This Home

As of November 2024

This 4-plex offers a fantastic opportunity for investors looking to add value. This property consists of four units: two spacious two-bedroom units and two cozy one-bedroom units. While the property is in need of some work, it presents an excellent chance to renovate and increase its market value.
Each unit features a functional layout. The two-bedroom units are ideal for small families or roommates, while the one-bedroom units are perfect for singles or couples. With some strategic updates, these units have great potential for attracting tenants and generating rental income.
Investors can take advantage of the current market conditions to create a high-yield asset with a bit of vision and elbow grease. Don’t miss out on this chance to transform a fixer-upper into a profitable investment!

Last Agent to Sell the Property

Diane Buesing

Full Circle Realty Group Listed on: 09/03/2024

Last Buyer's Agent

Cynthia Rogers

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 1950

Lot Details

  • 3,049

Home Design

  • Quadruplex
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,288 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Propane

Community Details

  • 4 Units
  • Eastmans Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 271910270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,264

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 2288
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Living Area: 2288
  • Basement YN: No
  • Number Of Fireplaces: 0
  • Number Of Fireplaces: 0
  • Number Of Fireplaces: 0
  • Total Rooms: 5
  • Number Of Fireplaces: 0
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age Over 8 Years, Asphalt

Utilities

  • Heating: Other
  • Sewer: City Sewer/Connected
  • Fuel: Propane

Schools

  • Junior High Dist: Marshall
  • SchoolDistrictPhone: 507-537-6924

Lot Info

  • Lot Size: Irregular
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 4

Rental Info

  • Expenses: 11335.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 271910270
  • Tax Annual Amount: 1264
  • TaxWithAssessments: 1264.0000

Multi Family

  • ElectricExpense: 2957
  • FuelExpense: 2700

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $78,000 -8.2% $34 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $85,000 -- $37 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6596064

NorthstarMLS