$449,900

509 Spring St Kenyon, MN 55946

Estimated payment $2,744/month

Total Views 5,497
8 Beds
4 Baths
4,256 Sq Ft
$106 Price per Sq Ft

About This Home

Fantastic opportunity for a newer four-plex that was built for rental! Super spacious, each unit has 952 sq ft, with 2 bedrooms and a utility/storage room with potential for their own washer & dryer. Upper level apartments have their own covered deck, and lower units have a patio and walk-out, and lots of outdoor greenspace to enjoy! Extra large detached garage for two cars, plus lots of space for off-street parking & electrical hook-ups. Garage has bonus overhang with enclosed storage. Many updates throughout including furnaces, air conditioners, appliances, windows, patio doors, paint, flooring, baths & more! Don't miss out on this great investment opportunity -live in one of the units yourself and have others pay your mortgage!

Listing Agent

Christine Mallery

Edina Realty, Inc. Listed on: 08/02/2025

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,728

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 112x118
  • Few Trees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Common or Shared Parking
  • Garage Door Opener

Home Design

  • Quadruplex
  • Bi-Level Home
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • 4 Units
  • S A Bullis 2Nd Ad Subdivision

Listing and Financial Details

  • The owner pays for gas, insurance, janitorial service, grounds care, repairs, snow removal, taxes
  • Assessor Parcel Number 662800080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,728

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1969
  • Above Grade Finished Sq Ft: 2128
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable,DSL,Fiber Optic,Satellite
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Finished, Full, Walkout
  • Living Area: 4256
  • Below Grade Finished Sq Ft: 2128
  • Owner Pays: Gas, Insurance, Janitorial Service, Grounds Care, Repairs, Snow Removal, Taxes
  • Basement YN: Yes
  • Amenities: Deck,Main Floor Primary Bedroom
  • Appliances: Electric Water Heater,Range
  • Number Of Fireplaces: 0
  • Amenities: Deck,Main Floor Primary Bedroom
  • Appliances: Electric Water Heater,Range
  • Amenities: Main Floor Primary Bedroom,Patio
  • Appliances: Dishwasher,Electric Water Heater,Range
  • Number Of Fireplaces: 1
  • Total Rooms: 7
  • Amenities: Main Floor Primary Bedroom,Patio
  • Appliances: Electric Water Heater,Range
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Asphalt
  • PatioPorchType: Covered,Deck,Patio

Garage/Parking

  • Parking Features: Detached, Asphalt, Electric, Garage Door Opener, Shared Garage/Stall, Storage
  • Other Parking Spaces: 2
  • Other Parking Spaces: 1
  • Other Parking Spaces: 1
  • Other Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: One Per Unit

Schools

  • Junior High Dist: Kenyon-Wanamingo
  • SchoolDistrictPhone: 507-824-2211

Lot Info

  • Topography: Level
  • Lot Size: 112x118
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 4

Rental Info

  • Expenses: 10275.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 662800080
  • Tax Annual Amount: 4728
  • TaxWithAssessments: 4728.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Sewer, Trash Collection
  • ElectricExpense: 2297
  • FuelExpense: 1208
  • Number Of Refrigerators: One Per Unit

Map

Range of Values:

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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 $4,728 $255,300 $52,800 $202,500
2024 -- $255,300 $52,800 $202,500
2023 $4,254 $233,700 $52,700 $181,000
2022 $4,288 $227,300 $52,100 $175,200
2021 $4,026 $196,800 $40,700 $156,100
2020 $4,010 $196,800 $40,700 $156,100
2019 $4,244 $196,800 $40,700 $156,100
2018 $3,956 $191,800 $40,700 $151,100
2017 $3,962 $181,600 $40,700 $140,900
2016 $3,780 $183,400 $40,700 $142,700
2015 $3,684 $173,800 $40,700 $133,100
2014 -- $174,500 $40,700 $133,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2025 08/02/25 For Sale $449,900 -- $106 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Deed $121,500 Attorney
Quit Claim Deed -- None Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 6765998

NorthstarMLS

APN: 66.280.0080