$1,639
closing credit¹
540 W Stanton Ave Fergus Falls, MN 56537
Property details
About 540 W 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
Summary
- MLS Number: 6558612
- MLS Name: FMR
- Office Name: Trilogy Real Estate
- Office Phone: (701) 261-0279
- Office Email: thalvo2814@gmail.com
- Listing Agent: Brian Tjaden
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Last updated on: 11/1/2024, 10:10:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$138,000
540 W Stanton Ave
$1,639
closing credit¹
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0.5% sale price²
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 | $147,900 | $856 |
| 2023 | $70,900 | $936 |
| 2021 | $70,900 | $904 |
| 2020 | $60,700 | $888 |
| 2019 | $57,800 | $894 |
| 2018 | $57,800 | $1,056 |
| 2017 | $51,200 | $916 |
History based on county public records data.
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.
Neighborhood
The neighbors living near this home have an average income of $43,672. Residents of Fergus Falls, MN typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree 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?
Figure Skating
Pro Wrestling
Extreme Sports
Where do the neighbors shop?
Kmart
Family Dollar
Academy Sports & Outdoors
Where do the neighbors go to eat?
Bob Evans
Dominos Pizza
Little Caesars
What do the neighbors drive?
Buick
Ford
Chevrolet
What do the neighbors listen to?
Oldies
New Country
Country
This home is located at 540 W Stanton Ave in Fergus Falls, MN and zip code 56537. This 2,361 square foot home, which was built in 1913, sits on a 0.29 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $138,000.
In January 2025, from all listings sold in Fergus Falls, MN there were more than 1 sold above asking price, over 3 sold below and more than 2 were sold right at the asked price. The number of listings in Fergus Falls, MN remained the same between December and January 2025. In January 2025 median list price was $229,666 and the average listing age was 47 days.