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Listed price in listed location currency (USD).
$864,900

49490

MLS® 7018242

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $3,728
Days Active 3
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
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1993
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, Fixture/Equipment, Land, Leases, Other

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 21, 2026List Date
$864,900List Price
Nov 7, 2025End Date
$655Sold Price

Leased

Dec 10, 2024List Date
Contact for Price
  • Commute

Commute

Starting Address
Destination Address
500 S 13 Th St, Olivia, MN

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