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Listed price in listed location currency (USD).
$460,000

210

MLS® 7039115

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $6,054
Days Active 14
Approx. Age 
MLS® Number 7039115

Property Address: 209 S Minnesota St, New Ulm, MN, 56073-2158

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity in downtown New Ulm. This 12-unit apartment building offers both immediate income and strong value-add potential. Six units are currently leased, providing in-place revenue. Of the remaining six units, three need only minor updates to become rent-ready, one unit has been fully gutted and is ready for a complete build-out, and two require more extensive repairs. Located in aconvenient downtown setting close to amenities, this property offers long-term rental demand and solidupside for an investor ready to complete the renovations. Priced to reflect the work needed, this property is an ideal value-add opportunity. Contact Sofia Engel at 507-217-6723 for a showing or for more information.
MLS® Number7039115
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 21, 2025List Date
$460,000List Price
  • Commute

Commute

Starting Address
Destination Address
209 S Minnesota St, New Ulm, MN

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