This investment property has 2 houses, 2 garages, and 3 older cabins....all included. The bigger house has been remodeled with many newer upgrades. It has 2 bedroom, 1 bathroom, 3 large living areas, potential for more bedrooms, an office area, large kitchen, main floor laundry, attached garage, and a nice shop area. The furnace and AC are newer. This house will bring good rent. The smaller house is a 1 bedroom/ 1 bath with a detached garage. There is currently a good renter in it. The roof was replaced in 2020. The utilities are separate, so renting is very easy.
For sale
$129,000
407 E 2nd St, Sherburn, MN 56171
3beds
--sqft
Single Family Residence
Built in 1940
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Nice shop areaDetached garageAttached garageOffice areaLarge kitchenMain floor laundryPotential for more bedrooms
- 282 days |
- 118 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Scott Bahr 507-840-3442,
Bull Market Realty
Source: My State MLS,MLS#: 11582948
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room, First Floor Bathroom, Kitchen, Living Room, Master Bedroom
Kitchen
- Features: Separate, Laminate Counters
Basement
- Area: 0
Heating
- Natural Gas, Forced Air, Zoned
Cooling
- Zoned
Features
- Flooring: Laminate, Vinyl
- Basement: Partial,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,400
- Finished area above ground: 2,400
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Has view: Yes
- View description: Street
Lot
- Features: Corner, Trees
Details
- Parcel number: 38.155.0010
- Lease amount: $0
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- HardiPlank Type
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Amps(0)
- Sewer: Municipal
- Water: Municipal
- Utilities for property: Naturl Gas Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Sherburn
Financial & listing details
- Tax assessed value: $87,300
- Annual tax amount: $2,304
- Date on market: 9/30/2025
- Date available: 09/25/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,803/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Price change | $129,000-7.2% |
Source: My State MLS #11582948 Report a problem | ||
| 9/30/2025 | Listed for sale | $139,000+227.1% |
Source: My State MLS #11582948 Report a problem | ||
| 6/5/2020 | Sold | $42,500-14.8% |
Source: | ||
| 5/20/2020 | Pending sale | $49,900 |
Source: CENTURY 21 Northland Realty #5562593 Report a problem | ||
| 5/7/2020 | Listed for sale | $49,900 |
Source: CENTURY 21 Northland Realty #5562593 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,352 +90.3% | $87,300 -0.5% |
| 2024 | $1,236 +3% | $87,700 +19.2% |
| 2023 | $1,200 +9.3% | $73,600 +15.2% |
| 2022 | $1,098 +42.2% | $63,900 +35.7% |
| 2021 | $772 +6% | $47,100 +3.7% |
| 2020 | $728 +7.7% | $45,400 +10.2% |
| 2018 | $676 +9% | $41,200 +76.1% |
| 2017 | $620 -3.1% | $23,400 |
| 2016 | $640 -7.2% | $23,400 -6% |
| 2015 | $690 -19.4% | $24,900 -13.8% |
| 2013 | $856 +3.3% | $28,900 -1.7% |
| 2012 | $829 | $29,400 |
| 2011 | -- | -- |
| 2010 | -- | $47,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 56171
Nearby schools
GreatSchools rating
- NASherburn Elementary SchoolGrades: K-2Distance: 0.3 mi
- 5/10Martin County West Junior High SchoolGrades: 7-8Distance: 0.5 mi
- 6/10Martin County West Senior High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Martin County West School District
Source: My State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Minnesota
- Martin County
- Sherburn
- 56171
- 407 E 2nd St





