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  • $515,000

    6933 232nd Ave NE, Stacy, MN 55079

    4beds
    3baths
    3,600sqft
    Multi Family
    Built in 1972
    -- sqft lot
    $517,400 Zestimate®
    $143/sqft
    $1,646 Estimated rent

    Home value

    $517,400

    $476,000 - $564,000

    $1,646/mo

    Zestimate® history
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    $3,184/mo

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    What's special

    Enhancing usability and views
    Serene waterfront triplex on Martin Lake offering both lake and river frontage. This rare property features the potential to add a fourth unit or convert space into a bunkhouse. First time ever offered for sale, it provides an exceptional opportunity for investors or owner-occupants alike. Enjoy a peaceful setting with convenient access to the Twin Cities—located within 40 minutes of Minneapolis and St. Paul. The expansive lot of over one acre gently slopes to the water, enhancing usability and views. Ideal for use as an Airbnb, multigenerational home, private cabin retreat, or future redevelopment. With endless possibilities, the sky truly is the limit for this unique lakefront offering.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kurt Sauer 612-385-0688,

    Matthews Real Estate Investment Solutions

    Bought with:

    Collin Keith Anderson

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7011403MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Boiler
    Features
    • Basement: Walk-Out Access
    Interior area
    • Total structure area: 3,600
    • Total interior livable area: 3,600 sqft
    • Finished area above ground: 2,580
    • Finished area below ground: 341

    Property

    Parking
    • Parking features: Paved Lot
    • Details: Garage Dimensions (0)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Creek/Stream, Lake Front, Waterfront Elevation(10-15)
    • Frontage length: Water Frontage: 368
    Lot
    • Size: 1.23 Acres
    Details
    • Foundation area: 1800
    • Parcel number: 333422310060

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Gas: Oil
    • Sewer: Septic System Compliant - Yes
    • Water: Well

    Community & HOA

    Location
    • Region: Stacy

    Financial & listing details

    • Price per square foot: $143/sqft
    • Tax assessed value: $572,900
    • Annual tax amount: $5,682
    • Date on market: 1/21/2026
    • Cumulative days on market: 99 days

    Price history

    DateEventPrice
    3/5/2026Sold$515,000-6.4%$143/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7011403 Report a problem
    2/11/2026Pending sale$550,000$153/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7011403 Report a problem
    1/21/2026Listed for sale$550,000$153/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7011403 Report a problem
    12/21/2025Listing removed$550,000$153/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6692948 Report a problem
    12/19/2025Listed for sale$550,000$153/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6692948 Report a problem
    6/19/2025Pending sale$550,000$153/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6692948 Report a problem
    5/14/2025Price change$550,000-8.3%$153/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6692948 Report a problem
    4/4/2025Listed for sale$600,000$167/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6692948 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    11/7/2017Listing removed$875
    Source: Owner Report a problem
    8/31/2017Listed for rent$875
    Source: Owner Report a problem
    4/11/2017Listing removed$875
    Source: Owner Report a problem
    3/9/2017Listed for rent$875
    Source: Owner Report a problem
    3/17/2016Listing removed$875
    Source: Owner Report a problem
    2/16/2016Price change$875-2.8%
    Source: Owner Report a problem
    11/4/2015Listed for rent$900
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,317 +1.4%$572,900 +1.4%
    2024$5,244 +25.9%$565,100 -5.4%
    2023$4,164 +12.4%$597,600 +18.9%
    2022$3,704 +1.1%$502,800 +29.8%
    2021$3,662 +4.9%$387,400 +15.8%
    2019$3,492 +1.3%$334,500 -10.4%
    2018$3,447 +8.9%$373,200 +23.6%
    2017$3,165 -0.2%$301,900 +5.4%
    2016$3,173 +0.5%$286,500
    2015$3,157 +3.7%$286,500 +9.2%
    2014$3,045 -14.4%$262,300
    2013$3,556 +2.3%--
    2012$3,475 +2.3%--
    2011$3,397 -2.5%--
    2010$3,483 -2.4%--
    2008$3,569 +20.4%--
    2007$2,963 +14.5%--
    2006$2,587 -7.9%--
    2005$2,809 +31.5%--
    2004$2,136 -6.2%--
    2003$2,276 +13.8%--
    2002$2,000 --
    Find assessor info on the county website

    Neighborhood: Martin Lake

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $517,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $517,400