123 Marshall Ave
Springfield, MN 56087
4 bd 2 ba 1,572 sqft Built 1894 Lot 14,985 sqft single_family
Most recent sale
$24,900
Jul 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 12, 2023 | Sold | $59,500 | NorthstarMLS |
| Apr 12, 2023 | Price changed | $59,500 | Mankato |
| Mar 22, 2023 | Price changed | $62,500 | Mankato |
| Mar 14, 2023 | Listed | $74,900 | Mankato |
| Jul 19, 2022 | Sold | $24,900 | MLS #6230010 |
| Jul 4, 2022 | Listed | $24,900 | MLS #6230010 |
| Jan 7, 1992 | Sold | $65,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $47,400 | $16,300 | $63,700 | $2,702 |
| 2022 | $31,037 | $6,363 | $37,400 | $916 |
| 2021 | $31,533 | $6,367 | $37,900 | $861 |
| 2020 | $31,533 | $6,367 | $37,900 | $876 |
| 2019 | $31,833 | $6,367 | $38,200 | $872 |
| 2018 | $31,843 | $6,357 | $38,200 | $854 |
| 2017 | $32,040 | $6,360 | $38,400 | $878 |
| 2016 | $33,137 | $6,363 | $39,500 | $854 |
| 2015 | $30,633 | $6,367 | $37,000 | $1,326 |
| 2014 | $54,874 | $7,226 | $62,100 | $1,252 |
| 2013 | $52,582 | $7,118 | $59,700 | $1,242 |
| 2012 | $49,728 | $6,972 | $56,700 | $1,374 |
| 2011 | $75,600 | $10,600 | $86,200 | $1,520 |
Property facts
Year built
1894
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,572 sqft
Lot size
14,985 sqft
ZIP code
56087
City
Springfield
Street
Marshall Ave
Coordinates
44.24080, -94.97563
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$149
Gross rental yield
7.18%
Implied cap rate
4.67%
Trend-extrapolated value
—
Frequently asked questions
When did 123 Marshall Ave last sell?
123 Marshall Ave most recently sold on Jul 19, 2022 for $24,900.
What is the current tax assessment for 123 Marshall Ave?
The most recent total assessment for 123 Marshall Ave (year 2025) is $63,700 with $2,702 in property tax.
How does 123 Marshall Ave's assessment compare to its last sale price?
The current assessment is 155.8% above the last sale price of $24,900.
When was 123 Marshall Ave built?
123 Marshall Ave was built in 1894.
How does 123 Marshall Ave compare to others on Marshall Ave?
We track 8 other properties on Marshall Ave. Browse the list under "Other properties on Marshall Ave" to compare beds, baths, and sale history.
What are the property facts for 123 Marshall Ave?
123 Marshall Ave is a 4 bed, 2 bath, 1,572 sqft, 14,985 sqft lot single_family.
Is 123 Marshall Ave a flip candidate?
Yes — 123 Marshall Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 123 Marshall Ave a tax-appeal candidate?
Yes — 123 Marshall Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$109.5K
2026 Q4
$109.5K
ZIP 56087 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Marshall Ave