Recently renovated, this charming two-unit rental property is adorable and full of potential!
Property Highlights: Two separate units-
Main floor: 1 bed / 1 bath + office. Upper unit: 1 bed / 1 bath. Located just one block off Walker’s main street, within walking distance of the post office, grocery store, shops, dining, and a multitude of other amenities in our small but active community.
Current use: rented via VRBO, offering flexibility for nightly rentals or traditional leases. Parking advantage: 10 extra spaces leased to neighboring businesses for additional income.
Closed
$239,900
514 Michigan Ave W, Walker, MN 56484
2beds
1,730sqft
Two Unit
Built in 1960
-- sqft lot
$244,300 Zestimate®
$139/sqft
$1,043 Estimated rent
Home value
$244,300
Estimated sales range
Not available
$1,043/mo
Zestimate® history
Owner options
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$1,043/mo
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$1,043/mo
Rent Zestimate®
Refinance and save
$1,130/mo
Est. payment
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$1,130/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Susan Ostlund 612-655-7200,
Cedar Point Realty
Bought with:
Michele Petersen
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6768262
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Description: Main Floor Full Bath,Upper Level 3/4 Bath
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Cooktop, Exhaust Fan, Freezer, Range, Refrigerator
Features
- Basement: Block,Full,Storage Space,Unfinished
Interior area
- Total structure area: 1,730
- Total interior livable area: 1,730 sqft
- Finished area above ground: 1,730
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot, Paved Lot
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,590 Square Feet
- Dimensions: 43 x 130
Details
- Foundation area: 816
- Parcel number: 963372271
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Two Unit
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Propane
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Original
HOA
- Has HOA: No
Location
- Region: Walker
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $105,300
- Annual tax amount: $1,069
- Date on market: 8/9/2025
- Cumulative days on market: 10 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Sold | $239,900$139/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6768262 Report a problem | ||
| 8/19/2025 | Pending sale | $239,900$139/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6768262 Report a problem | ||
| 8/9/2025 | Listed for sale | $239,900+100.9%$139/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6768262 Report a problem | ||
| 8/2/2021 | Sold | $119,400-0.4%$69/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5765829 Report a problem | ||
| 5/28/2021 | Listed for sale | $119,900$69/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5765829 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,069 | $105,300 +11.7% |
| 2024 | $1,069 -4% | $94,300 |
| 2023 | $1,113 +40.7% | $94,300 +0.4% |
| 2022 | $791 -40.1% | $93,900 +36.5% |
| 2021 | $1,321 -27.8% | $68,800 -17.2% |
| 2020 | $1,830 -4.7% | $83,100 |
| 2019 | $1,920 -2.4% | $83,100 |
| 2018 | $1,968 | $83,100 +7.5% |
| 2017 | -- | $77,300 |
| 2016 | $1,862 | -- |
| 2015 | $1,862 -0.1% | -- |
| 2014 | $1,864 +3.8% | -- |
| 2013 | $1,796 | -- |
| 2012 | -- | -- |
| 2009 | $1,598 | $77,300 |
| 2008 | -- | $77,300 |
Find assessor info on the county website
Neighborhood: 56484
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Nearby schools
GreatSchools rating
- 4/10W.H.A. Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 4/10Walker-Hackensack-Akeley Sec.Grades: 7-12Distance: 0.3 mi
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- Minnesota
- Cass County
- Walker
- 56484
- 514 Michigan Ave W
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