Closed
$172,000
308 4th Ave NE, Hayfield, MN 55940
4beds
2baths
1,512sqft
Duplex Side by Side
Built in 1977
-- sqft lot
$213,700 Zestimate®
$114/sqft
$1,405 Estimated rent
Home value
$213,700
$199,000 - $231,000
$1,405/mo
Zestimate® history
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Owner options
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What's special
Investor friendly, low maintenance, income producing duplex. Whether you are a first time investor, or seasoned vet, this is a stress free property to add to your portfolio. So much potential for updates to add additional value, and income considering no rent increases in the past 3 years. Leases are month to month, and could justify rent increases, or expenses added to the leases to raise NOI. With Hayfield being centrally located between Rochester, Austin, and Owatonna, this is a great option for ones who want to live in the small town, but work in the city. Looking for a property to use as owner occupy? This is it! Live in one side, and rent the other to assist with expenses.
Zillow last checked: 8 hours ago
Listing updated: July 07, 2023 at 10:29am
Listed by:
RE/MAX Dynamic Agents
Bought with:
Karlene Tutewohl
Re/Max Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6364321
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Unfinished
Interior area
- Total structure area: 1,512
- Total interior livable area: 1,512 sqft
- Finished area above ground: 1,512
- Finished area below ground: 0
Property
Accessibility
- Accessibility features: None
Features
- Levels: One
Lot
- Size: 8,276 sqft
- Dimensions: 80 x 120
Details
- Foundation area: 1512
- Parcel number: 235510160
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Side by Side
Materials
- Vinyl Siding
Condition
- Age of Property: 46
- New construction: No
- Year built: 1977
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Hayfield
- Subdivision: Rouhoffs 1st Sub
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2023 | Sold | $172,000-4.4%$114/sqft |
Source: | ||
| 5/13/2023 | Pending sale | $179,900$119/sqft |
Source: | ||
| 5/3/2023 | Listed for sale | $179,900$119/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 55940
Nearby schools
GreatSchools rating
- 7/10Hayfield Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Hayfield Sec.Grades: 6-12Distance: 0.4 mi

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$213,700
2% more+ $4,274
With Zillow Showcase(estimated)
$217,974