Active
4 beds1,901 sqft
404 Walnut St, Marshall, MN 56258
Est: $1,475/moGet pre-approved
Single FamilyProperty Type
0.17 acresLot Size
1950Year Built
$124/sq ftPrice per sq ft
2 carsParking Spaces

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...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!
1 day on Market
  • Listed by: • Edina Realty, Inc.
Last updated: 09/15/2026 10:04 AM • Source: NorthStar, MLS#: 7141565

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Wednesday, Sep 16th4:30 PM - 6:00 PM

Location

Listing Courtesy of Edina Realty, Inc.
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$1,475 per month

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Principal and Interest

$1,214

Property Taxes

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Property Information for 404 Walnut Street

Property Details
  • Taxes: $3,132 / year
  • MLS Type: Residential / Single Family
  • County: Lyon County
  • Subdivision Name: Riverside Add
  • Waterfront YN: No
  • Zoning Jurisdiction: Residential-Single Family
Building Information
  • Year Built: 1950
  • Lot Size: 0.17 AC / 7,361 SF
Summary
Location and General Information
  • City Name: Marshall
  • County Or Parish: Lyon
  • County: Lyon-MN
  • 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.
  • Latitude: 44.453066
  • Longitude: -95.785917
  • Map Coordinate: 999-A1
  • City and Location: Marshall
  • City and Location Text: Marshall(MN)
  • Postal Code: 56258
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 277570100
  • Tax Annual Amount: $3,132.00
  • Tax Legal Description: RIVERSIDE ADDITION 01010001 SE2 L 10 & NW 2 L 11 BLK 1
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 3182
School Information
  • High School District: 413 - Marshall
  • School District Number: 413
  • School District Phone: 5075376924
Property
Lot Information
  • Above Grade Fin SQFT: 1901.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1901.0
  • Lot Features: Tree Coverage - Medium
  • Lot Size Area: 0.169
  • Lot Size Dimensions: 49.5x150
  • Lot Size Units: Acres
  • Other Structures: Garage(s), Storage Shed
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family
  • Property Type: Residential
  • SQFT Main Total: 1272
  • Building Area Total: 3045.0
  • Above Grade SqFt Total: 1901
  • Below Grade SqFt Total: 1144
Utilities
  • Electric: Circuit Breakers, 150 Amp Service
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Exterior Features: Engineered Wood
  • Fencing: Full, Other, Wood
  • Foundation Area: 1272.0
  • Foundation Details: Block
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Curbs, Paved Streets, Sidewalks
  • Road Responsibility: Public Maintained Road
  • Roof: Asphalt
  • Patio Porch Type: Deck,Patio
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement Type: Full, Storage Space, Unfinished
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Patio,Washer/Dryer Hookup,Walk-Up Attic
  • Bath Desc: 3/4 Basement,Main Floor Full Bath
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Count: 2
  • Bedrooms Total: 4
  • Fireplace Features: Gas
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Eat In Kitchen,Separate/Formal Dining Room
  • Garage Dimensions: 20x24
  • Garage Square Feet: 480
  • Heating: Forced Air
  • Laundry Features: Lower Level
  • Levels: One and One Half
  • Room List: Dining Room, Bedroom, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 11.8x10
  • Room Level: Main
  • Room Type: Dining Room
Room 2
  • Room Dimensions: 11.4x11.4
  • Room Level: Main
  • Room Type: Bedroom
Room 3
  • Room Dimensions: 16.7x31.2
  • Room Level: Upper
  • Room Type: Bedroom 4
Room 4
  • Room Dimensions: 10.3x15.1
  • Room Level: Main
  • Room Type: Kitchen
Room 5
  • Room Dimensions: 18x12
  • Room Level: Main
  • Room Type: Living Room
Room 6
  • Room Dimensions: 16.2x9.11
  • Room Level: Main
  • Room Type: Bedroom 2
Room 7
  • Room Dimensions: 11.1x10
  • Room Level: Main
  • Room Type: Bedroom 3

Property History for 404 Walnut Street

DateEvent & SourcePriceAppreciation
Sep 15, 2026

Price Change

NorthStar #7141565

$235,000
Sep 15, 2026

Listed (Active)

NorthStar #7141565

Sep 1, 2023

Off Market

NorthStar #6422200

DateEvent & SourcePrice
09/15/2026

Price Change

NorthStar #7141565

$235,000
09/15/2026

Listed (Active)

NorthStar #7141565

09/01/2023

Off Market

NorthStar #6422200

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 404 Walnut Street

Taxable ValueLand$15,400Additions$199,900Total$215,300
Tax Record2026$3,182 ($265 / month)
Home Facts
Lot Size7,401 SqFtStyleMiscellaneousCountyLYONAPN27-757010-0

Schools near 404 Walnut Street

This home is within Marshall Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 4
Public - 3 to 4
Public - 5 to 8
Rating
School
Distance
Park Side Elementary School
PublicPK to 1

Southview Elementary
Public2 to 4

West Side Elementary School
Public3 to 4

Marshall Middle School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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404 Walnut Street is a single family home for sale in Marshall, MN 56258. This property was listed for sale on September 15, 2026 by Edina Realty, Inc., it's currently listed at $235,000. It has been on the market for a total of 1 days and was last sold on March 31, 2022. This listing's school district is Marshall Public School District. Nearby schools include Park Side Elementary School, Southview Elementary and West Side Elementary School. 404 Walnut Street is a 4-bed, 2-bath, 1,901 sqft single family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Edina Realty, Inc.

Based on information submitted to the MLS GRID as of 09/15/2026 10:04 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.