Great Investment! Income producing with long term renters in place! New siding and roof. 2 - 100 gallon water heaters. Rare 3 bedrooms in each unit. Each unit has a separate entrance, driveway and mailing address. Large 24 x 24 garage. Shared access to unfinished basement and laundry area.
Closed
$73,000
502 S Litchfield Ave, Litchfield, MN 55355
6beds
2baths
2,749sqft
Multi Family
Built in 1935
-- sqft lot
$73,800 Zestimate®
$27/sqft
$1,230 Estimated rent
Home value
$73,800
Estimated sales range
Not available
$1,230/mo
Zestimate® history
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$366/mo
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List your homeWhat's special
Separate entranceLaundry area
Zillow last checked:
Listing updated:
Listed by:
Jacquelyn M Barthel 612-382-6424,
Realty ONE Group Choice
Bought with:
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6600531
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Boiler, Hot Water
Appliances
- Laundry: In Basement, Common Area
Features
- Basement: Full,Shared Access,Unfinished
Interior area
- Total structure area: 2,749
- Total interior livable area: 2,749 sqft
- Finished area above ground: 2,040
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
- Details: Garage Dimensions (24 x 24)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Pool features: None
- Fencing: None
Lot
- Size: 8,145 Square Feet
- Dimensions: 110 x 74
- Features: Corner Lot
Details
- Foundation area: 1020
- Parcel number: 271660000
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Chandlers Add
HOA
- Amenities included: Laundry
Location
- Region: Litchfield
Financial & listing details
- Price per square foot: $27/sqft
- Tax assessed value: $177,400
- Annual tax amount: $1,122
- Date on market: 9/11/2024
- Cumulative days on market: 178 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Sold | $73,000-51.3%$27/sqft |
Source: Public Record Report a problem | ||
| 3/5/2025 | Sold | $150,000-21%$55/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6600531 Report a problem | ||
| 1/31/2025 | Pending sale | $189,900$69/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6600531 Report a problem | ||
| 9/22/2024 | Price change | $189,900-5%$69/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6600531 Report a problem | ||
| 9/11/2024 | Listed for sale | $199,900+5.3%$73/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6600531 Report a problem | ||
| 8/1/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6557995 Report a problem | ||
| 7/19/2024 | Price change | $189,900-5%$69/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6557995 Report a problem | ||
| 6/27/2024 | Listed for sale | $199,900$73/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6557995 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $177,400 +52.9% |
| 2024 | -- | $116,000 +0.8% |
| 2023 | $1,122 +18.9% | $115,100 +14.4% |
| 2022 | $944 -4.1% | $100,600 +15.1% |
| 2021 | $984 +29.5% | $87,400 -1.9% |
| 2020 | $760 | $89,100 +24.4% |
| 2019 | $760 -38.4% | $71,600 -1.2% |
| 2018 | $1,234 | $72,500 -3.2% |
| 2017 | $1,234 | $74,900 +2.6% |
| 2016 | $1,234 | $73,000 |
| 2015 | $1,234 | -- |
| 2014 | $1,234 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 55355
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Nearby schools
GreatSchools rating
- 7/10Lake Ripley Elementary SchoolGrades: K-4Distance: 0.6 mi
- 7/10Litchfield Middle SchoolGrades: 5-8Distance: 1.1 mi
- 7/10Litchfield Senior High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$73,800
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Estimated market value
$73,800
- Minnesota
- Meeker County
- Litchfield
- 55355
- 502 S Litchfield Ave
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