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609 5th St

Aitkin, MN 56431

3 bd 1 ba 1,240 sqft Built 1950 Lot 10,716 sqft single_family
Most recent sale
$165,000
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2022 Sold $165,000 MLS #6196469
May 16, 2022 Listed $159,900 MLS #6196469
May 24, 2019 Sold $114,500 MLS #5193689
Mar 1, 2019 Listed $127,500 MLS #5193689
Nov 27, 2018 Sold $43,500 MLS #5017259
Oct 25, 2018 Listed $36,500 MLS #5017259
Jul 25, 2012 Listing removed $115,000 Mankato
Jul 24, 2007 Listed $115,000 MLS #4305718

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $97,838 $16,823 $114,661 $1,348
2025 $92,003 $16,554 $108,557 $1,056
2024 $107,678 $18,255 $125,933 $1,472
2023 $87,440 $17,456 $104,896 $1,256
2022 $54,031 $12,061 $66,092 $886
2021 $49,667 $11,738 $61,405 $710
2020 $49,667 $11,738 $61,405 $560
2019 $43,332 $11,206 $54,538 $1,068
2018 $56,000 $17,300 $73,300 $390
2017 $33,600 $10,380 $43,980 $312
2016 $31,560 $10,380 $41,940 $280
2015 $31,500 $10,400 $41,900 $218
2014 $26,800 $10,900 $37,700 $234
2013 $28,800 $10,900 $39,700 $224
2012 $28,800 $11,500 $40,300 $242
2011 $30,500 $13,700 $44,200 $208
2010 $53,900 $24,000 $77,900 $194

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,240 sqft
Lot size
10,716 sqft
ZIP code
56431
City
Aitkin
Street
5th St
Coordinates
46.53617, -93.71628

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,860
Gross rental yield
13.53%
Implied cap rate
8.79%
Trend-extrapolated value

Frequently asked questions

When did 609 5th St last sell?
609 5th St most recently sold on Jun 27, 2022 for $165,000.
What is the current tax assessment for 609 5th St?
The most recent total assessment for 609 5th St (year 2026) is $114,661 with $1,348 in property tax.
How does 609 5th St's assessment compare to its last sale price?
The current assessment is 30.5% below the last sale price of $165,000.
When was 609 5th St built?
609 5th St was built in 1950.
How does 609 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 609 5th St?
609 5th St is a 3 bed, 1 bath, 1,240 sqft, 10,716 sqft lot single_family.
Is 609 5th St a flip candidate?
Yes — 609 5th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 609 5th St a tax-appeal candidate?
No — 609 5th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$298.7K
2026 Q4
$298.7K
ZIP 56431 — Median Price History + Forecast

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