Closed

$275,000

324 College Ave NE, Hutchinson, MN 55350

8beds

4baths

3,738sqft

Quadruplex

Built in 1950

-- sqft lot

$-- Zestimate^®

$74/sqft

$2,596 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,596/mo

Zestimate^® history

Owner options

List your home for rent

$2,596/mo

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$2,596/mo

Rent Zestimate^®

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$1,768/mo

Est. payment

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$1,768/mo

Est. payment

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What's special

Great Investment Opportunity to Own this Beautiful 4-Plex.... This is 4 Rentals all with 2 Bedrooms and 1 Bathroom... Two entrances and each unit comes with a 1 car Garage, Mail on site, each unit has its own furnace, these have plenty of character to give the renters a unique rental experience....This Multi-plex has many updates inside and out... including New Siding, Newer Roofs, New Soffit and Fascia, New Windows, New Front Sidewalks.... New carpet and renovations after Sellers Purchased the Property... Come take a look...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Forced Air

Appliances

Laundry: Electric Dryer Hookup, Washer Hookup

Features

Basement: Block,Finished,Walk-Out Access

Interior area

Total structure area: 3,738
Total interior livable area: 3,738 sqft
Finished area above ground: 1,869
Finished area below ground: 1,869

Property

Parking

Total spaces: 8
Parking features: Detached Garage, Gravel
Garage spaces: 4
Carport spaces: 4
Details: Garage Dimensions (40x22), Garage Door Height (8), Garage Door Width (7)

Accessibility

Accessibility features: None

Features

Levels: Two
Patio & porch: Porch

Lot

Size: 0.34 Acres
Dimensions: 127 x 118
Features: Tree Coverage - Light
Topography: Level

Details

Foundation area: 1869
Parcel number: 230880630
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Roof: Asphalt

Condition

New construction: No
Year built: 1950

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Location

Region: Hutchinson

Financial & listing details

Price per square foot: $74/sqft
Tax assessed value: $253,500
Annual tax amount: $4,466
Date on market: 10/16/2024
Cumulative days on market: 11 days
Tenant pays: Broadband, Cable TV, Electricity

Price history

Date	Event	Price
12/10/2024	Sold	$275,000-5.1%$74/sqft
Source: NorthstarMLS as distributed by MLS GRID #6618655 Report a problem
10/30/2024	Pending sale	$289,900$78/sqft
Source: NorthstarMLS as distributed by MLS GRID #6618655 Report a problem
10/19/2024	Listed for sale	$289,900+107.1%$78/sqft
Source: NorthstarMLS as distributed by MLS GRID #6618655 Report a problem
2/2/2022	Sold	$140,000$37/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,484 -44.5%	$253,500
2024	$8,074 +123.8%	$253,500
2023	$3,608 -12.7%	$253,500 +26.7%
2022	$4,134 +0.1%	$200,100
2021	$4,130 +11.4%	$200,100 +5.5%
2020	$3,706 +6.4%	$189,600 +14.8%
2019	$3,482	$165,200
2018	$3,482 -15.6%	--
2017	$4,124 +1%	--
2016	$4,082 -1.7%	--
2015	$4,154	--
2014	$4,154 +48.1%	--
2013	$2,805	--
2012	--	--
2010	$3,354 +0.8%	--
2009	$3,328	--