500 S 13Th St, Olivia, MN

House

Pending

Listed price in listed location currency (USD).

$674,900

49490

MLS® 7018242

Overview

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage

Taxes $3,728

Lot Size

Approx. Age 1993

MLS® Number 7018242

Property Address: 500 S 13th St, Olivia, MN, 56277-1632

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

Description

49 total apartment units. 48 one bedroom units, one 2 bedroom unit. 4 buildings total. Three 16 unit buildings. The fourth building includes office , community room and two bedroom apartment. On linear pond to the South. Plenty of off parking. Brand new electric panels in all four buildings. Common laundry rooms in each building. Wall ACs. Close to parks and playground. Two sheds included. Possibly room on property for community gardens. *property needs updating approximately half the units are vacant. A couple+ are gutted. **Affordable housing under a Section 8 contract, that the buyers will need to get 2530 Clearance with HUD- HUD contract til 2035** Sold As is Gross rent is Pro-Forma 3 Roofs in the last 8 -10 years. All the electric panels plus -basically brand new. Conveniently located in town of Olivia.

MLS® Number7018242

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1993

BasementNone

DrivewayAsphalt, Parking Lot, Unassigned, Open

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

-Sold Price

Pending

Feb 8, 2026List Date

$674,900List Price

Nov 7, 2025End Date

$655Sold Price

Leased

Dec 10, 2024List Date

Contact for Price

Map

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