1 month on rocket

208 Chestnut Ave, Carlton, MN, 55718

$295,000

Home List Price

$3,503*

Closing Credit

0 Baths
2,320 SqFt
$127/SqFt
Multi

Location

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208 Chestnut Ave, Carlton$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingNone
HeatingNatural Gas, Electric
MLS #6116532
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 208 Chestnut Ave

Rare opportunity to own Multi Family Investment Property In Carlton MN! Located in the heart of Carlton, MN this Leased Fourplex offers a fantastic opportunity for investors looking to generate $42k+/yr in rental income. With it being well over the 1% rule, this property offers great cash flow potential and is perfect for both seasoned and first-time investors.

Property Details

Property Features

Property Information:

  • Architectural Style: Up & Down
  • Stories: 2
  • Living Area: 2,320 SqFt

Listing Office:

  • Office Name: Heirloom Realty, LLC
  • Listing Agent: Kaylee Bergstrom

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Electric

Other

Directions Information:

  • Directions: Turn off of 3rd St On To Chestnut Ave Property is Located Right on Main Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $127/SqFt
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Housing Market Comparison

See how this home compares to others in Carlton, MN.

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Carlton, MN

City

Med. Sold Price

$380K

Med. Price/SqFt

$194

Avg. Days On Market

27

# of Sold Homes

7

208 Chestnut Ave vs Carlton

42 DAYS ON ROCKET

+15 Days

$295,000

-$85K Less

$127/SqFt

-$67 Less

KEY TAKEAWAY

This property is $85K less than the Median Sold Price and $67/SqFt less than other homes in Carlton, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #6116532

Listing Office:

  • Office Name: Heirloom Realty, LLC
  • Listing Agent: Kaylee Bergstrom

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 28, 2016Home Sold
$102,500
May 30, 2008Home Sold
$105,000
Apr 10, 2006Home Sold
$72,500
Apr 10, 2006Home Sold
$72,500

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-405218
5
/10

  • South Terrace Elementary School

  • 530 Stine Dr

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-405219
8
/10

  • Washington Elementary School

  • 801 12th St

  • 3.49 miles

  • Public District Grades PK-4

school-card-donut-405220
6
/10

  • Wrenshall Elementary School

  • 207 Pioneer Dr

  • 3.83 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,064. The majority of Carlton, MN residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Carlton County›Carlton›55718›208 Chestnut Ave

This home is located at 208 Chestnut Ave in Carlton, MN and zip code 55718. This 2,320 square foot home sits on a 0.03 acre lot. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $295,000.

Carlton, MN housing market in October 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 5 sold below. In October 2024 in Carlton, MN there were 9.5% less homes for sale than in September 2024. In October 2024 median list price was $380,000 and the average listing age was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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