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Address

404 Walnut Street, Marshall, MN

Listing Type

Single Family

Price

$ 235,000

Property Attributes

ID#7141565
TypeSingle Family
Listing Status Active
CountyLYON
CityMarshall
AreaRiverside Add
NeighborhoodRiverside Add
Zip56258
StyleSingle Family
Year Built1950
Taxes$ 3132
Price$ 235,000
Bedrooms4
Full Bathrooms1
Half Bathrooms0
Sqr Footage1901
Lot Size0.169 Acres

Data Source:

Northstar MLS (NSTAR)

Property Description

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!

Price History
9/15/2026	Listed $235,000

General Features

Living 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
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	No
Property Type	Residential
HOA	No
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
Property Attached Y/N	No
Land Lease Y/N	No
Tax Annual Amount	3132
Additional Parcels Y/N	No
Standard Status	Active
Lender Owned	No
Amenities Unit	Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Patio,Washer/Dryer Hookup,Walk-Up Attic
PostalCity	Marshall

Interior Features

Basement	Full,Storage Space,Unfinished
Total Fireplaces	1
Fireplace Features	Gas
Basement (Y/N)	Yes
Fireplace Y/N	Yes
Above Grade Finished Area	1901
Laundry Features	Lower Level
Total Bedrooms	4
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

Exterior Features

Fencing	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	No
Foundation Area	1272
Road Frontage Type	City Street,Curbs,Paved Streets,Sidewalks
Road Responsibility	Public Maintained Road