Nice 4 plex fully occupied with several long term tenants, units are in very good condition. seller has updated various units as needed, new maintenance free deck on upper unit on south end. Upper private access to garages. Huge back yard, this is a great investment opportunity call today for a private showing.
Closed
$420,000
465 School Rd NW, Hutchinson, MN 55350
8beds
4baths
3,728sqft
Quadruplex
Built in 1987
-- sqft lot
$-- Zestimate®
$113/sqft
$2,846 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,846/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Chad T Loch 320-221-1015,
RE/MAX Today's Properties
Bought with:
Joel D. Friday
Keller Williams Classic Realty
Jason Miller
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6557770
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Hot Water
Appliances
- Laundry: Common Area, Laundry Room, Upper Level, Coin-op Laundry Owned
Features
- Basement: Block,Egress Window(s)
Interior area
- Total structure area: 3,728
- Total interior livable area: 3,728 sqft
- Finished area above ground: 1,864
- Finished area below ground: 1,864
Property
Parking
- Total spaces: 5
- Parking features: Attached, Concrete, Garage Door Opener
- Attached garage spaces: 5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Doors 36"+
Features
- Levels: Two
- Patio & porch: Deck
- Pool features: None
- Fencing: None
Lot
- Size: 0.36 Acres
- Dimensions: 150 x 105
- Topography: Level
Details
- Foundation area: 1864
- Parcel number: 232740280
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame
- Roof: Age Over 8 Years,Pitched
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Amenities included: Coin-op Laundry Owned
Location
- Region: Hutchinson
Financial & listing details
- Price per square foot: $113/sqft
- Tax assessed value: $343,500
- Annual tax amount: $6,050
- Date on market: 6/21/2024
- Cumulative days on market: 28 days
- Tenant pays: Fuel, Sewer, Water
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2024 | Sold | $420,000+0.2%$113/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6557770 Report a problem | ||
| 7/31/2024 | Pending sale | $419,000$112/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6557770 Report a problem | ||
| 7/19/2024 | Price change | $419,000-4.6%$112/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6557770 Report a problem | ||
| 7/8/2024 | Listed for sale | $439,000$118/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6557770 Report a problem | ||
| 6/25/2024 | Pending sale | $439,000$118/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6557770 Report a problem | ||
| 6/21/2024 | Listed for sale | $439,000+69.5%$118/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6557770 Report a problem | ||
| 8/31/2010 | Sold | $259,000$69/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,074 +0.4% | $343,500 |
| 2024 | $6,050 +19.7% | $343,500 |
| 2023 | $5,056 -12.7% | $343,500 +22.5% |
| 2022 | $5,792 +0.1% | $280,400 |
| 2021 | $5,788 +9.9% | $280,400 +5.5% |
| 2020 | $5,267 +6.5% | $265,700 +13.2% |
| 2019 | $4,946 -6.4% | $234,700 |
| 2018 | $5,284 -2.5% | -- |
| 2017 | $5,420 +1.7% | -- |
| 2016 | $5,332 -1.3% | -- |
| 2015 | $5,402 | -- |
| 2014 | $5,402 +35.5% | -- |
| 2013 | $3,988 | -- |
| 2012 | -- | -- |
| 2010 | $4,158 +3.5% | -- |
| 2009 | $4,016 | -- |
Find assessor info on the county website
Neighborhood: 55350
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Nearby schools
GreatSchools rating
- NAHutchinson West Elementary SchoolGrades: PK-1Distance: 1.1 mi
- 7/10Hutchinson Middle SchoolGrades: 6-8Distance: 1 mi
- 8/10Hutchinson Senior High SchoolGrades: 9-12Distance: 1.4 mi
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- Minnesota
- McLeod County
- Hutchinson
- 55350
- 465 School Rd NW
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