Listed at
$235,000
$124/sqft

Riverside Add

404 Walnut Street, Marshall, MN, 56258
4  Bedrooms1  Bathroom1,901  Square Feet0.169  Acres
Days on market13
Year built1950
Garage spaces2
TypeResidential
Est. $4,050buyer credit when you buy with SODL
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About this home

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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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1950
LevelsOne and One Half
Living area1,901 sqft
Above-grade finished1,901 sqft
Below-grade finished0 sqft
Lot size0.169 acres (49.5x150)
Days on market13
ListedSep 14, 2026
MLS #NST7141565
CountyLyon
SubdivisionRiverside Add
Parcel #277570100

Facts & features

Interior

Bedrooms
4
Bathrooms
1
Bath breakdown
1 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories
One and One Half
Garage
2 spaces · 20x24 · 480 sqft
Parking features
Detached Garage, Gravel, Electric, Storage
Patio & porch
Deck, Patio
Exterior features
Engineered Wood
Fencing
Full, Other, Wood

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block · 1,272 sqft
Roof
Asphalt
Year built
1950

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers, 150 Amp Service

Community & HOA

Subdivision
Riverside Add
HOA
No HOA
School district
413 - Marshall
High school district
Marshall

Financial & listing details

Annual tax
$3,132 (2026)
Tax with assessments
3182
Listed
Sep 14, 2026
Days on market
13 · 1 cumulative
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementFull, Storage Space, Unfinished
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryLower Level
AppliancesDishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
DiningEat In Kitchen, Separate/Formal Dining Room
AmenitiesDeck, Hardwood Floors, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Patio, Washer/Dryer Hookup, Walk-Up Attic
AccessibilityNone
Special features3 BR on One Level, Main Floor Bedroom

Exterior & lot

ExteriorEngineered Wood
RoofAsphalt
FoundationBlock
Foundation area1,272 sqft
Patio/porchDeck, Patio
Lot featuresTree Coverage - Medium
Road frontageCity Street, Curbs, Paved Streets, Sidewalks
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Gravel, Electric, Storage
Garage spaces2
Garage size480 sqft

Financial details

Annual taxes$3,132
Tax year2026
Taxes w/ assessments3182
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District413 - Marshall
District number413
District phone5075376924
High schoolMarshall
SODL flat fee brokerage
$4,050Estimated buyer credit
SODL platform fee $3,000Your buyer credit $4,050

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,574/mo
Principal & interest$1,235
Property taxes$261
Home insurance (est.)$78
%
$47,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

404 Walnut Street, Marshall, MN, 56258

Listing information

MLS #NST7141565
StatusActive
Last updatedSep 25, 2026, 9:04 PM
Originally listedSep 15, 2026, 9:12 AM
Listing officeEdina Realty, Inc.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. 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.