Home › 404 Walnut Street, Marshall, MN 56258 (MLS# 7141565)

404 Walnut Street, Marshall, MN 56258 (MLS# 7141565)

$235,000
404 Walnut Street
Marshall, MN 56258
MLS# 7141565
Status: Pending
4 beds  |  1 baths  |  3045 sqft
404 Walnut Street, Marshall, MN 56258
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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!

Details
Maps
Contract Information
Status: Pending
Off Market Date: 2026-10-03
Contingency: None
Current Price: 235000
Original List Price: 235000
ListPrice: 235000
List Date: 2026-09-14
Owner is an Agent?: No
Auction?: No
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Waterfront YN: No
Year Built: 1950
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 4
Baths Total: 1
Bath Full: 1
Main Floor Total SqFt: 1272
Above Grd Total SqFt: 1901
Below Grd Total SqFt: 1144
Total SqFt: 3045
Total Finished Sqft: 1901.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1272
Garage Stalls: 2
Lot Dimensions: 49.5x150
Acres: 0.16
Assessment Pending: No
Location Tax and Other Information
House Number: 404
Street Name: Walnut
Street Suffix: Street
Postal City: Marshall
County: Lyon
State: MN
Zip Code: 56258
Complex/Dev/Subdivision: Riverside Add
Assessments
Assessment Installment: 50
Tax With Assessments: 3182
Building Information
Finished SqFt Above Ground: 1901
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 20x24
Garage Square Feet: 480
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Deck; Hardwood Floors; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Patio; Walk-Up Attic; Washer/Dryer Hookup
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Basement: Full; Storage Space; Unfinished
Bath Description: Main Floor Full Bath; 3/4 Basement
Construction Materials: Frame
Construction Status: Previously Owned
Dining Room Description: Eat In Kitchen; Separate/Formal Dining Room
Electric: 150 Amp Service; Circuit Breakers
Exterior: Engineered Wood
Family Room Characteristics: Main Level
Fencing: Full; Wood; Other
Fireplace Characteristics: Gas Burning
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Laundry: Lower Level
Lock Box Type: Combo
Lot Description: Tree Coverage - Medium
Outbuildings: Additional Garage
Parking Characteristics: Storage
Rental License Type: Airbnb
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Special Search: 3 BR on One Level; Main Floor Bedroom
Stories: One and One Half
Water: City Water/Connected
Room Information
Room Name Dimensions Level
Dining Room11.8x10Main
First (1st) Bedroom11.4x11.4Main
Fourth (4th) Bedroom16.7x31.2Upper
Kitchen10.3x15.1Main
Living Room18x12Main
Second (2nd) Bedroom16.2x9.11Main
Third (3rd) Bedroom11.1x10Main

Listing Office: Edina Realty, Inc.

Last Updated: October - 03 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 4th of October 2026 01:10 PM

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