Closed

$365,000

509 1st St SW, Hinckley, MN 55037

8beds

4baths

3,200sqft

Quadruplex

Built in 2002

-- sqft lot

$-- Zestimate^®

$114/sqft

$1,275 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,275/mo

Zestimate^® history

Owner options

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$1,275/mo

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$1,275/mo

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$2,202/mo

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$2,202/mo

Est. payment

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What's special

Stackable washer and dryerPatio doorsFloor coverings

Updated side by side 4 unit property in convenient location! All 4 units rehabbed in 2024 with new HVAC in 2021. Updates include kitchens, bathrooms, patio doors (in 3 of the units), lighting, paint, floor coverings, etc. Each unit's single stall garages have been converted to a 2nd bedroom with room for storage behind the garage doors. Each unit has stackable washer & dryer, 3 of the 4 units currently occupied on month to month leases with all tenants paying on time and up to date on their rent. Tenants pay their own gas and electric.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Forced Air

Appliances

Laundry: In Unit

Features

Basement: Crawl Space

Interior area

Total structure area: 3,200
Total interior livable area: 3,200 sqft
Finished area above ground: 3,200
Finished area below ground: 0

Property

Parking

Parking features: Concrete

Accessibility

Accessibility features: Doors 36"+, No Stairs External, No Stairs Internal

Features

Levels: One

Lot

Size: 0.38 Acres
Dimensions: 158 x 104

Details

Foundation area: 3200
Parcel number: 0405539000
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Block
Roof: Age Over 8 Years,Asphalt

Condition

New construction: No
Year built: 2002

Utilities & green energy

Electric: Circuit Breakers
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & neighborhood

Location

Region: Hinckley
Subdivision: Sunset Estates 2nd Add

Price history

Date	Event	Price
11/27/2024	Sold	$365,000-8.7%$114/sqft
Source: NorthstarMLS as distributed by MLS GRID #6615750 Report a problem
11/18/2024	Pending sale	$399,900$125/sqft
Source: NorthstarMLS as distributed by MLS GRID #6615750 Report a problem
10/11/2024	Listed for sale	$399,900+175.8%$125/sqft
Source: NorthstarMLS as distributed by MLS GRID #6615750 Report a problem
1/25/2024	Sold	$145,000-37%$45/sqft
Source: Public Record Report a problem
10/31/2015	Listing removed	$230,000$72/sqft
Source: Bridge Realty, LLC Report a problem
7/2/2015	Listed for sale	$230,000+9.5%$72/sqft
Source: Bridge Realty, LLC Report a problem
12/28/2005	Sold	$210,001$66/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,962 -51.7%	$326,600 +19.4%
2024	$8,202 +130.3%	$273,600
2023	$3,561 -10.1%	$273,600 +15.5%
2022	$3,960	$236,900 +5.3%
2021	--	$225,000 +2.7%
2020	$3,952 -1.1%	$219,000 +4%
2019	$3,994 -6.3%	$210,600 -8.8%
2017	$4,262 -0.1%	$230,800
2016	$4,268 +13.2%	$230,800 +2.2%
2014	$3,770 +5.8%	$225,800 -8.6%
2011	$3,562 -4.2%	$247,000 -17.1%
2009	$3,720 +5.4%	$297,800 -3.6%
2008	$3,530	$308,900