$1,639

closing credit¹

540 Stanton Ave Fergus Falls, MN 56537

$138,000
1,574 sqft
$88 / sqft
Multi-Family

Property details

About 540 Stanton Ave

Looking for an opportunity to enter the realm of real estate investment or to expand your rental portfolio? This 2-unit residential unit offers potential for significant ROI for someone handy in the skills of maintenance and repair. Main floor 1BR/1BA apartment and 2BR/2BA upper floor apartment. Potential to add studio type apartment in lower level. With diligence, patience, and a strategic approach, investing in this low-cost property can be the first step towards building a successful real estate portfolio. Home priced to sell in as-is condition. Seller has paid in-full the special assessment for the current street reconstruction.

Highlights

Home typeDuplex
HeatingSteam
StatusActive
Size1,574 sqft
BasementYes
Year built1913
ParkingGravel, Parking Lot
MLS #6558612
Garage1 space

Summary

  • MLS Number: 6558612
  • MLS Name: NORTHSTAR
  • Office Name: Trilogy Real Estate

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Last updated on: 2/10/2025, 9:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space featuring a yard

$138,000

540 Stanton Ave

$1,639

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

8

Cleveland Elementary School

Public District 2-4

1.0 mi

919 Northern Ave

7

Underwood Elementary School

Public District PK-6

10.1 mi

100 Southern Ave E

4

Rothsay Elementary School

Public District PK-6

16.8 mi

2040 County Road 52

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,672. The majority of Fergus Falls, MN residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

44%
<35k
37%
35k-100k
15%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
7%
Single, with Kids
31%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • KmartKmart
  • Family DollarFamily Dollar
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • BuickBuick
  • FordFord
  • ChevroletChevrolet

What do the neighbors listen to?

  • OldiesOldies
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 540 Stanton Ave in Fergus Falls, MN and zip code 56537. This 1,574 square foot home was built in 1913. Features: 0 bathroom. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $138,000.

While more than 1 listings in Fergus Falls, MN in January 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 3 were sold below. Between December and January 2025, Fergus Falls, MN real estate market has seen no change in the number of listings . While the average time on the market in January 2025 was 47 days, the median list price was $229,666.

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

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