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Listed price in listed location currency (USD).
$441,125
$460,000

16120

MLS® 6820873

Overview

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes $6,054
Lot Size 
Approx. Age 1947
MLS® Number 6820873

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 a convenient downtown setting close to amenities, this property offers long-term rental demand and solid upside for an investor ready to complete the renovations. Priced to reflect the work needed, this property is an ideal value-add opportunity.
MLS® Number6820873
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1947
BasementPartial, Unfinished
DrivewayOn-Street Parking Only, Unassigned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Jan 29, 2026End Date
$441,125Sold Price

Sold

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

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