412 Holly Ln

13 photos

Photos, via Realtor.com.

Needs more info before these numbers mean much. no rent estimate yet

No rent estimate yet, so the numbers can't be run. Run it yourself in the calculator →

From the listing

Fully renovated and fully occupied 4-unit townhome property offers both modern appeal and immediate income stability. Each spacious unit features 3 bedrooms and has been thoughtfully updated from top to bottom. Recent improvements include stainless steel appliances, updated plumbing and lighting, new fixtures throughout, with high-efficiency mechanicals-furnace, A/C condenser, and tankless water heater. The interiors showcase stylish finishes with new tile flooring, plush carpet, fresh paint, and beautifully updated kitchens complete with new cabinetry and granite countertops. Bathrooms feature elegant marble vanities, and each unit includes its own high-efficiency washer and dryer for added convenience. Additional amenities include a single-stall garage with keyless entry and a private rooftop deck with maintenance-free decking. Each unit generates top market rents, with tenants responsible for all utilities, making this a turnkey, low-maintenance investment with solid cash flow.

Description from Realtor.com, MLS #7039849. Believed reliable but not guaranteed; confirm with the listing agent. View on Realtor.com ↗

Red flags and opportunities

Watch for

mediumCouldn't match this address to a county parcel record, so taxes and unit count are unverified. Public record: County parcels: no match for 412 HOLLY LN

Opportunities

Long time on market: room to negotiate. Based on: Listing data: 185 days on market, 1 price cuts

Questions for the agent

Can we see the current leases and a rent roll, with move-in dates?
What did water/sewer/trash, heat and electric cost the owner over the last 12 months?
How old are the roof, boiler or furnaces, water heaters and electrical panels?
Is the building licensed as a rental for this many units, and when was the last city inspection?
Any special assessments pending, and will the seller pay them off at closing?

Standard questions worth asking about any building.

What the records say

Where each number comes from

Status history

2026-04-03Price cut at $1,195,000 (was $1,295,000) · from listing history
2026-04-03New at $1,195,000

From the listing Listing

Listed as	multi-family
Property tax, 2026	$10,694
County	Blue Earth County
Parcel number	R01.09.16.102.005

As the listing states it (NorthstarMLS, via Realtor.com). We don't have county records here yet; check the tax, homestead status and special assessments with the county.

Crime, rental-license and vacant-building records are only available for St. Paul and Minneapolis so far. Check with Mankato on rental licensing before you buy.