Did I just discover I have a winning Jackpot ticket?! Thoughts?

[Brandon Turner]

Alright- so interesting news. As I've mentioned before - I bought a duplex when I first got started, and later discovered this was once the childhood home of Kurt Cobain (see How I Accidentally Bought Two of Kurt Cobain’s Former Homes and Why That’s Not Even The Best Part for more of the story) - he actually lived in both houses during the first year of his life.

So I own 2 of Kurt Cobain's first homes. Pretty cool to brag about, but that's about it.

Well, I rent the thing out for around $1,100 per month and make semi-decent cash flow on it. (I owe around $80k.) It's not a beautiful home, it's not the world's best investment, but it's solid and I like it.

Well, today one of Kurt Cobain's other homes was listed for sale on the MLS - the one he lived in from 11-15 years old. It's an ugly, small house, and it's in a TERRIBLE neighborhood (one I wouldn't buy in, ever) and the county appraises it for $67,000.

They listed it at $500,000.

Granted, it hasn't sold for that. It did, however, sell for $210,000 a few years ago. I know they are waiting for an eccentric billionaire to come in and pay cash. Will they? Who knows if it will.

BUT - I wonder... should I sell mine? Could I get $500,000? Or even $250,000? And if I could... should I? Will Kurt's legacy slow down in the coming years, so now is the time to sell - or should I hold off and wait for his generation to get old and rich?

Thoughts? What would you do?