404 Walnut Street
Marshall, MN, 56258 $ 235,000
Bedrooms4 Baths1.0 Sq 1,901 Monthly Estimate*
$ 1,623
for $235,000 with 4 bedrooms and 1 full bath. This 1,901 square foot home was built in 1950 on a lot size of 0.169.
A home to make your own OR an established investment opportunity ready for its next owner! 404 Walnut Street offers a unique opportunity to purchase a charming, thoughtfully updated home that is currently operating as a successful, fully functional Airbnb. For buyers looking to invest, the existing short-term rental operation can be transferred to the new owner, if desired, offering the opportunity to step into an established business rather than starting from scratch. Prefer to call it home? It is equally ready to welcome its next full-time owner. Inside, hardwood floors and abundant natural light create a warm, inviting feel throughout the main level. The living room flows seamlessly into the dining area and updated kitchen, complete with stainless steel appliances, a stylish backsplash, and direct access to the back deck. Three nicely sized bedrooms and a full bathroom are also conveniently located on the main level. Upstairs, the expansive finished walk-up attic adds an impressive amount of versatile living space. Skylights fill the area with natural light, while a gas fireplace adds warmth and character. Create a spacious primary retreat, family room, home office, guest quarters, or a combination that works for you. The basement offers even more possibilities with a largely blank canvas ready to be finished to fit your needs. Imagine a game room, second living area, home gym, additional bedroom space, or whatever your plans call for. A 3/4 bathroom, laundry area, and updated mechanicals are already in place, giving you a great head start. Outside, enjoy a fenced backyard, deck, storage shed, and detached two-stall garage. Whether you're searching for your next home or looking to add an established short-term rental to your investment portfolio, 404 Walnut offers an exciting combination of character, space, flexibility, and income-producing potential. Move in and make it yours, or continue the established Airbnb operation as its next owner!
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FeaturesGeneralLiving Area 1901
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher Dryer Electric Water Heater Microwave Range Refrigerator Stainless Steel Appliances Washer
HOA Fee 0
Garage Spaces 2
Construction Materials Frame
Year Built 1950
Electric Circuit Breakers 150 Amp Service
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Lyon
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Riverside Add
Other Structures Garage(s) Storage Shed
Full Baths 1
Directions From E College Drive turn on to N 3rd St then right on to Walnut St. Follow until the dead end and the home will be second to the last on the right side.
City Marshall
High School District Marshall
Zoning Description Residential-Single Family
Lot Size Units Acres
Carport Spaces 0
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3132
Additional Parcels Y/N N
Standard Status Pending
Lender Owned No
Amenities Unit Deck Hardwood Floors Kitchen Center Island Kitchen Window Main Floor Primary Bedroom Patio Washer/Dryer Hookup Walk-Up Attic
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InteriorBasement Full Storage Space Unfinished
Total Fireplaces 1
Fireplace Features Gas
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 1901
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Lower Level
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 1
Bath Desc 3/4 Basement Main Floor Full Bath
Dining Room Description Eat In Kitchen Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 20x24
Garage Square Feet 480
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ExteriorFencing Full Other Wood
Parking Features Detached Garage Gravel Electric Storage
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.169
Building Area Total 3045
Lot Dimensions 49.5x150
Waterfront Y/N N
Foundation Area 1272
Road Frontage Type City Street Curbs Paved Streets Sidewalks
Road Responsibility Public Maintained Road
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* Excluded FeaturesList Bykaleaswenson@edinarealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,623
- Monthly Property Taxes
- $261
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Marshall, MN
Average List Price $261,586
Percent of Sale Price 11%
About Marshall, MN 13,786 Population
8% Since 2002
$ 47,532 Median Income
32.73 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
2543112 Elementary School
2543124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/15/2026 | $235,000 | | Listed Price |