$40,000

704 E Walnut St Redwood Falls, MN 56283

Estimated payment $262/month

Total Views 5,796
-- Bed
-- Bath
550 Sq Ft
$73 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • 1-Story Property

About This Home

Investor Opportunity! Handyman Special with Great Potential-This 1937 home is ready for its next chapter and perfect for investors, flippers, or handy buyers looking to build equity. The owner started by taking it down to the studs, giving you a blank slate to transform it into something special. It features a solid concrete block basement and sits on a spacious oversized corner lot, offering extra yard space and possibilities. The location is hard to beat! Situated across the street from a park with sand volleyball courts and picnic area, and just minutes from the 18-hole Redwood Falls Golf Club and beautiful Ramsey Park, a 256-acre destination featuring walking trails, a zoo, scenic waterfall, and outdoor recreation. Whether you’re looking for your next investment project, flip, or renovation opportunity, this property offers great potential in a fantastic location.

Listing Agent

Tina Giernet

Truly Home Real Estate Listed on: 03/17/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $598

Year Built

  • Built in 1937

Lot Details

  • Lot Dimensions are 120x70
  • Corner Lot

Interior Spaces

  • 550 Sq Ft Home
  • 1-Story Property

Basement

  • Block Basement Construction
  • Natural lighting in basement

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Watsons Third Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 888671740

Home Details

Home Type

Single Family

Est. Annual Taxes

$598

Year Built

Built in 1937

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1937
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt
  • Other Structures: Other

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: None
  • Sewer: City Sewer/Connected
  • Fuel: Other

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Redwood Area Schools
  • SchoolDistrictPhone: 5076448064

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 120x70
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 888671740
  • Tax Annual Amount: 598
  • TaxWithAssessments: 598

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold 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 $607 $24,900 $16,800 $8,100
2024 $1,124 $25,400 $16,800 $8,600
2023 $1,024 $25,300 $16,800 $8,500
2022 $1,020 $24,400 $16,800 $7,600
2021 $576 $23,600 $16,800 $6,800
2020 $310 $22,900 $15,000 $7,900
2019 $304 $21,800 $13,400 $8,400
2018 $270 $21,900 $15,500 $6,400
2017 $268 $0 $0 $0
2016 $272 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2026 03/17/26 For Sale $40,000 -- $73 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 7036458

NorthstarMLS

APN: 88-867-1740

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