208 Chestnut Ave, Carlton, MN, 55718

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208 Chestnut Ave, Carlton$295,000

Buyer Closing Credits

$3,503^*

1.25% Loan Amount

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1 (855) 200-2001

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.

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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

School Info

Assigned Schools Information:

• Carlton Secondary School, Public District Grades 6-12
• South Terrace Elementary School, Public District Grades PK-5

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.

Carlton, MN

City

Med. Sold Price

$400K

Med. Price/SqFt

$194

Avg. Days On Market

24

# of Sold Homes

4

208 Chestnut Ave vs Carlton

21 DAYS ON ROCKET

-3 Days

$295,000

-$105K Less

$127/SqFt

-$67 Less

KEY TAKEAWAY

This property is $105K less than the Median Sold Price and $67/SqFt less than other homes in Carlton, MN.

Based on homes sold in September 2024

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: 10/31/2024, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

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

History based on county public records data.

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**Disclosures

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.

Over 2 listings were sold over their listed price in September 2024 in Carlton, MN. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Carlton, MN between August 2024 and September 2024 decreased by 19.2%. While the average time on the market in September 2024 was 24 days, the median list price was $400,000.

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