2526 Garnet Ave Slayton, MN 56172
Property details
About 2526 Garnet Ave
Excellent Investment Opportunity in Slayton! This fully rented 4-plex is a strong addition to any investment portfolio. Located in the west side of Slayton close to the elementary school, this income generating property features four units with a strong history of occupancy. Three of the units offer 2 bedrooms, 1 bathroom, and a single garage stall. The fourth unit is a spacious 3-bedroom, 1.5-bath layout with the added convenience of an attached double garage. All units are heated with propane and offer laundry hook-ups in the shared basement. Recent updates include brand-new shingles on the attached garages (2024) and 5-year-old shingles on the main 4-plex structure, adding peace of mind and long-term value. Whether you're looking to expand your rental holdings or just getting started, this multi-family property delivers reliable cash flow in a stable rental market. Don’t miss your chance to own this solid income-producing asset in a great location! Call for more details!
Highlights
Summary
- Basement: Yes
- Garage Space: 6 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Detached
- Heating: Forced Air
- List Price: $198,500
- Price/SqFt: $49
- Annual Tax Amount: $3,586
- Tax Year: 2024
- Directions: North end of Garnet Ave
- Year Built: 1948
- Living Area: 4,002 SqFt
- MLS Number: 6716168
- MLS Name: NORTHSTAR
- Office Name: Creative Three, Inc.
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$198,500
2526 Garnet Ave
$2,357
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $243,700 | $3,586 |
| 2023 | $230,000 | $2,888 |
| 2022 | $211,000 | $2,804 |
| 2021 | $178,700 | $2,640 |
| 2020 | $171,500 | $2,666 |
| 2019 | $171,500 | $316 |
| 2018 | $164,300 | $3,082 |
| 2017 | $164,300 | $2,672 |
History based on county public records data.
Nearby schools
7
Murray County Central Elementary School
Public District PK-6
0.1 mi
•2640 Forest Ave
5
Fulda Elementary School
Public District PK-6
11.3 mi
•303 N Lafayette Ave
8
Tracy Elementary School
Public District PK-6
17.8 mi
•700 S 4th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,403. The most common annual income of people living in Slayton, MN is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Wal-Mart
Academy Sports & Outdoors
Dollar General
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
Chevrolet
Cadillac
What do the neighbors listen to?
Classic Country
New Country- Country
This home is located at 2526 Garnet Ave in Slayton, MN and zip code 56172. This 4,002 square foot home was built in 1948. Features: 0 bathroom. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $198,500.
While more than 0 listings in Slayton, MN in April 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. The number of homes for sale in Slayton, MN increased by 69.2% between March and April 2025. In April 2025, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $190,000.