New Price For A Short Time....... 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
$109,000
407 E 2nd St, Sherburn, MN 56171
3beds
2,400sqft
Single Family Residence
Built in 1940
-- sqft lot
$-- Zestimate®
$45/sqft
$-- HOA
What's special
Nice shop areaDetached garageAttached garageOffice areaLarge kitchenMain floor laundryPotential for more bedrooms
- 328 days |
- 133 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Scott Bahr 507-840-3442,
Bull Market Realty
Source: My State MLS,MLS#: 11582948
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
- Total interior livable area: 2,400 sqft
- 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
- Price per square foot: $45/sqft
- 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
$1,756/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $109,000-15.5%$45/sqft |
Source: My State MLS #11582948 Report a problem | ||
| 1/12/2026 | Price change | $129,000-7.2%$54/sqft |
Source: My State MLS #11582948 Report a problem | ||
| 9/30/2025 | Listed for sale | $139,000+227.1%$58/sqft |
Source: My State MLS #11582948 Report a problem | ||
| 6/5/2020 | Sold | $42,500-14.8%$18/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #5562593 Report a problem | ||
| 5/20/2020 | Pending sale | $49,900$21/sqft |
Source: CENTURY 21 Northland Realty #5562593 Report a problem | ||
| 5/7/2020 | Listed for sale | $49,900$21/sqft |
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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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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.
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