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209 S Minnesota Street
New Ulm MN 56073 US

$460,000

Active Listing ID 7039115
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6 bed
bath icon
4.00 Bath (4 Full)
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Multi Family

$460,000

Active Listing ID 7039115
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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 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Multi Family
  • Features
  • Full Bathrooms: 4
  • Cooling System: Wall Unit(s)
  • Roof Type: Flat, Rubber
  • Heating Fuels: Baseboard, Hot Water (Heating), Radiant, Steam, Wood (Heating), Wood Stove

Property

  • propertytype: Commercial Sale
  • propertysubtype: Multi Family
  • listprice: 460000
  • unparsedaddress: 209 S Minnesota Street
  • postalcity: New Ulm
  • stateorprovince: MN
  • country: US
  • postalcode: 56073
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.311081
  • longitude: -94.456388
  • listagentfullname: Sofia Engel
  • listagentemail: sofiaengel@kw.com
  • listagentkey: 3yd-RASMMN-80592
  • listagentmlsid: 80592
  • listagentpreferredphone: 5072176723
  • listagentofficephone: 504742444256018
  • listofficekey: 3yd-RASMMN-18002
  • listagentstatelicense: 40933029
  • listofficemlsid: 18002
  • disclaimer: Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RASMMN
  • yearbuilt: 1947
  • listingcontractdate: 2025-11-20
  • listagenturl: http://www.kwprsearch.com
  • countyorparish: Brown County
  • parcelnumber: 00100206312120
  • elementaryschooldistrict: New Ulm #88
  • middleorjuniorschooldistrict: New Ulm #88
  • highschooldistrict: New Ulm #88
  • appliances: Range, Refrigerator
  • cooling: Wall Unit(s)
  • constructionmaterials: Brick
  • heating: Baseboard, Hot Water (Heating), Radiant, Steam, Wood (Heating), Wood Stove
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Unassigned
  • roof: Flat, Rubber
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • entrylevel: 1st, 2nd
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -94.45639, 44.31108
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Premier Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"sofiaengel@kw.com", "ListBrokerageCity":"Rochester", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kwprbroker@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Premier Realty", "ListBrokeragePhone":"(507) 424-4422", "ListBrokeragePostalCode":"55901", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2765 Commerce Drive NW", "ListBrokerageWebsiteUrl":"http://www.kwprsearch.com", "ListOfficeAddress1":"2765 Commerce Drive NW", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Rochester", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw521@kw.com", "ListOfficePostalCode":"55901", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family - New Ulm, MN", "ListingURL":"https://listings.listhub.net/pages/RASMMN/7039115/?channel=rexren", "MLSModificationTimestamp":"2026-01-05T20:38:39Z", "Neighborhoods":[{"Description":null, "Name":"NEW ULM/HANSKA/LAFAYETTE/COURTLAND"}], "PostalCode":null, "RawPropertySubType":"Multi-Family", "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6054, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/5/2026 9:30:45 PM GMT
Source Updated Date: 1/11/2026 6:42:41 PM GMT

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

Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.