Wonderful side by side duplex on a large lot close to the cities, but far from rent control. Recently renovated duplex with 4 bedrooms and 4 bathrooms. The property features newer furnaces, roof and flooring throughout. Both units have updated kitchens with newer cupboards and countertops. The right side has been completely renovated in the last year and is in move-in condition. The left unit is currently rented into 2025 and has updated flooring and cupboards. Great opportunity for an owner occupant or investor. Tenants pay all the utilities and shovel and mow their side of the property.
Closed
$393,499
1631 4th Ave, Newport, MN 55055
4beds
4baths
2,320sqft
Multi Family
Built in 1979
-- sqft lot
$-- Zestimate®
$170/sqft
$3,565 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,565/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Thomas R. Distad 612-432-4771,
Coldwell Banker Realty,
Michael R. Distad 612-275-1343
Bought with:
Jackson Lee
Home Sellers
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6505701
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: In Unit
Features
- Basement: Egress Window(s),Finished
Interior area
- Total structure area: 2,320
- Total interior livable area: 2,320 sqft
- Finished area above ground: 1,320
- Finished area below ground: 1,000
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Deck
Lot
- Size: 0.26 Acres
- Dimensions: 77 x 145
Details
- Foundation area: 1320
- Parcel number: 3502822110015
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Riverwood Acres 03
Location
- Region: Newport
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $413,400
- Annual tax amount: $4,985
- Date on market: 4/1/2024
- Cumulative days on market: 53 days
- Tenant pays: All Utilities, Grounds Care, Snow Removal
Price history
| Date | Event | Price |
|---|---|---|
| 6/21/2024 | Sold | $393,499-1.6%$170/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6505701 Report a problem | ||
| 5/24/2024 | Pending sale | $399,999$172/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6505701 Report a problem | ||
| 4/25/2024 | Price change | $399,999-5.9%$172/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6505701 Report a problem | ||
| 4/1/2024 | Listed for sale | $424,900$183/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6505701 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,876 +3.8% | $404,100 +14.5% |
| 2024 | $5,660 +12.3% | $353,000 +16.5% |
| 2023 | $5,038 +7.7% | $302,900 +21.6% |
| 2022 | $4,676 +1.2% | $249,000 |
| 2021 | $4,622 +0.6% | $249,000 +1.5% |
| 2020 | $4,594 | $245,400 |
| 2019 | $4,594 | $245,400 +12% |
| 2018 | $4,594 +6.9% | $219,200 +0.8% |
| 2017 | $4,298 -0.4% | $217,400 +13.6% |
| 2016 | $4,316 +21.9% | $191,300 +15.2% |
| 2015 | $3,542 | $166,100 +0.9% |
| 2013 | $3,542 -7.6% | $164,600 -2.1% |
| 2012 | $3,834 | $168,100 -4.9% |
| 2011 | $3,834 -1.2% | $176,700 -14.2% |
| 2010 | $3,882 -4.6% | $206,000 |
| 2009 | $4,070 -0.7% | -- |
| 2008 | $4,098 +9% | -- |
| 2007 | $3,758 +5% | -- |
| 2006 | $3,578 +23.3% | -- |
| 2005 | $2,901 +6.4% | -- |
| 2004 | $2,727 +4.2% | -- |
| 2003 | $2,617 -8% | -- |
| 2002 | $2,846 -0.4% | -- |
| 2001 | $2,858 | -- |
Find assessor info on the county website
Neighborhood: 55055
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Nearby schools
GreatSchools rating
- 6/10Newport Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Oltman Middle SchoolGrades: 6-8Distance: 2 mi
- 10/10East Ridge High SchoolGrades: 9-12Distance: 3.6 mi
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- Minnesota
- Washington County
- Newport
- 55055
- 1631 4th Ave
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