Date
Details
Price
Change
Source
3/17/2026
Listed
$40,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Investor Opportunity! Handyman Special with Great Potential-This 1937 home is ready for its next chapter and perfect for investors, flippers, or handy buyers looking to build equity. The owner started by taking it down to the studs, giving you a blank slate to transform it into something special. It features a solid concrete block basement and sits on a spacious oversized corner lot, offering extra yard space and possibilities. The location is hard to beat! Situated across the street from a park with sand volleyball courts and picnic area, and just minutes from the 18-hole Redwood Falls Golf Club and beautiful Ramsey Park, a 256-acre destination featuring walking trails, a zoo, scenic waterfall, and outdoor recreation. Whether you're looking for your next investment project, flip, or renovation opportunity, this property offers great potential in a fantastic location.
Full Property Details
Full Property Details for 704 E Walnut St
General
- Price: $40,000
- Taxes: $598 (2025)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7036458
- Updated: 3/19/2026
- Added to Site: 2 day(s) ago
Parking
- Parking Features: Gravel
Location
- County: Redwood
- Township: Redwood Falls
- Subdivision: Watsons Third Add
- Driving Directions: From Bridge St. go north on Swain St. Home is on the corner of E Walnut and Swain
School Information
- School District: 1303 - Redwood Area Schools
- High School District: Redwood Area Schools
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Heating Fuel: Other
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Basement Desc.: Block, Daylight/Lookout Windows
- Foundation Size: 748
- Roof: Asphalt
- Disability Access: None
- Below Ground: 550 Sq. Ft.
- Finished Down/Base.: 550 Sq. Ft.
- Year Built: 1937
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.239
- Lot Dimensions: 120 x 70
- Frontage: City Street
- Zoning: Residential-Single Family
- Lot Description: Corner Lot
Financial Considerations
- Tax Amount: $598
- Tax Year: 2025
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: WATSON'S THIRD ADDITION LOTS 5 & 6 EX COM 17' E OF SW COR; TH W 17', N TO NW COR, E 50', SWLY TO POB OF LOT 6
- Property ID: 888671740
Listed by Truly Home Real Estate
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Schools
Schools serving 704 E Walnut St
School District:Redwood Area School District
| Name | Grades | Distance |
|---|---|---|
Reede Gray Elementary School 201 McPhail Drive, Redwood Falls, MN 56283 | PK-4 | 0.7 mi |
Redwood Valley Middle School 100 George Ramseth Drive, Redwood Falls, MN 56283 | 5-8 | 1 mi |
Redwood Valley Senior High School 100 George Ramseth Drive, Redwood Falls, MN 56283 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 704 E Walnut St
Tax History
Tax History for 704 E Walnut St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,068
-5%
$24,900
-2%
2023
$1,124
10%
$25,400
—
2023
$1,024
—
$25,300
4%
2022
$1,020
77%
$24,400
3%
2021
$576
86%
$23,600
3%
2020
$310
—
$22,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 704 E Walnut St
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704 E Walnut Street, Redwood Falls, MN 56283 (MLS# 7036458) is a Single Family property with 0 bedrooms and 0 full bathrooms. 704 E Walnut Street is currently listed for $40,000 and was received on March 17, 2026. Want to learn more about 704 E Walnut Street? Do you have questions about finding other Single Family real estate for sale in Redwood Falls? You can browse all Redwood Falls real estate or contact a Coldwell Banker agent to request more information.