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209 S Minnesota Street
New Ulm MN 56073 US

$460,000

Pending Listing ID 6820873
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16 bed
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Lot: 0.19 Acres
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Other

$460,000

Pending Listing ID 6820873
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209 S Minnesota Street 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.

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Property Features

  • Facts
  • Lot Size: 0.19 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Wall Unit(s)
  • Exterior Finish: Brick/Stone
  • Roof Type: Flat
  • Heating Fuels: Baseboard, Hot Water (Heating), Other (Heating), Steam

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 460000
  • unparsedaddress: 209 S Minnesota Street
  • postalcity: New Ulm
  • stateorprovince: MN
  • country: US
  • postalcode: 56073
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1894
  • lotsizeunits: Acres
  • lotsizearea: 0.1894
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.311101
  • longitude: -94.456309
  • listagentfullname: Sofia Engel
  • listagentemail: sofiaengel@kw.com
  • listagentkey: 3yd-RMLSMN-503013778
  • listagentmlsid: 503013778
  • listagentpreferredphone: 5072176723
  • listagentofficephone: 5074244422
  • listofficekey: 3yd-RMLSMN-26717
  • listofficemlsid: 26717
  • disclaimer: Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1947
  • listingcontractdate: 2025-11-20
  • listagenturl: http://www.kwprrochester.com
  • countyorparish: Brown-MN
  • parcelnumber: 00100206312120
  • appliances: Range, Refrigerator
  • cooling: Wall Unit(s)
  • constructionmaterials: Brick, Concrete
  • heating: Baseboard, Hot Water (Heating), Other (Heating), Steam
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Unassigned
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Brick/Stone
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -94.45631, 44.3111
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Premier Realty Rochester", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"sofiaengel@kw.com", "ListBrokerageCity":"Rochester", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw521@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/157/387164/20181204215752518.png", "ListBrokerageName":"Keller Williams Premier Realty Rochester", "ListBrokeragePhone":"(507) 424-4422", "ListBrokeragePostalCode":"55901", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2765 Commerce DR NW", "ListBrokerageWebsiteUrl":"http://www.kwprrochester.com", "ListOfficeAddress1":"2765 Commerce Dr NW. Suite 100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Rochester", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw521@kw.com", "ListOfficePostalCode":"55901", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - New Ulm, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/6820873/?channel=rexren", "MLSModificationTimestamp":"2025-12-29T10:48:55Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6054, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/29/2025 7:03:48 PM GMT
Source Updated Date: 1/2/2026 6:56:08 PM GMT

Courtesy of: Sofia Engel, Keller Williams Premier Realty, sofiaengel@kw.com

Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.