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400 N Jefferson Street
New Ulm MN 56073 US

$200,000

Active Listing ID 267041989
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3 bed
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3.00 Bath (3 Full)
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Lot: 0.09 Acres
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Triplex

$200,000

Active Listing ID 267041989
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400 N Jefferson Street This fully occupied triplex presents an exceptional opportunity for both seasoned investors and buyers looking to add a high performing asset to their portfolio. The property features three spacious 1 bedroom, 1 bathroom units occupied by reliable, long term tenants who treat the home with care. Significant capital expenditures have already been taken care of, starting with major exterior and structural updates including a new concrete driveway installed in 2024, along with a freshly poured sidewalk, front steps, and a welcoming porch completed in 2026. Owners also benefit from a full basement offering extensive storage space currently used for building maintenance supplies. Each unit offers its own distinct appeal and updates. Unit 1 underwent a top to bottom remodel in 2019, featuring all new electrical, plumbing, insulation, windows, custom window blinds, cabinetry, flooring, and convenient in unit laundry. Unit 2 received a light remodel in 2022 that included brand new carpet throughout and a kitchen uplift. Unit 3 rounds out the building as a cozy, well maintained upstairs 1 bedroom apartment that provides a comfortable layout and steady return. With stable rental income in place from day one and major improvements already complete, this property delivers incredible ease of ownership. Contact us today to schedule your private showing!

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 3
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Triplex
  • listprice: 200000
  • unparsedaddress: 400 N Jefferson Street
  • postalcity: New Ulm
  • stateorprovince: MN
  • country: US
  • postalcode: 56073
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.09
  • lotsizeunits: Acres
  • lotsizearea: 0.09
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.314139
  • longitude: -94.469527
  • listagentfullname: Jaxson Witty
  • listagentemail: jwitty@kw.com
  • listagentkey: 3yd-RASMMN-80341
  • listagentmlsid: 80341
  • listagentpreferredphone: 5073824371
  • listagentofficephone: 9527469696
  • listofficekey: 3yd-RASMMN-17986
  • listofficemlsid: 17986
  • 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: 1900
  • listingcontractdate: 2026-11-12
  • countyorparish: Brown County
  • parcelnumber: 00100114614140
  • elementaryschooldistrict: New Ulm #88
  • middleorjuniorschooldistrict: New Ulm #88
  • highschooldistrict: New Ulm #88
  • heating: Forced Air
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 3, Bedroom 2, Basement, Bathroom 2, Bedroom 3, Bedroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -94.46953, 44.31414
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Burnsville Southern Twin Cities", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jwitty@kw.com", "ListBrokerageCity":"Burnsville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"srall@kw.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/0179d0511ab311eab4270242ac110003k-c3715607773r.png", "ListBrokerageName":"Burnsville Southern Twin Cities", "ListBrokeragePhone":"(952) 746-9696", "ListBrokeragePostalCode":"55306", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"14300 Nicollet Court Ste 208", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"14300 Nicollet Court #208", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"17986", "ListOfficeCity":"Burnsville", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw265@kw.com", "ListOfficePostalCode":"55306", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI-FAMILY, Triplex, New Ulm, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/400-N-Jefferson-St_New-Ulm_MN_56073_M86896-93353?f=listhub&s=RASMMN&m=267041989&c=rexren", "MLSModificationTimestamp":"2026-11-12 17:26:00", "Neighborhoods":[{"Description":null, "Name":"NEW ULM/HANSKA/LAFAYETTE/COURTLAND"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1114, "TaxDescription":"NORTH OF CENTER LOT-014 BLOCK-146 FRONT 82.5' OF", "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 11/12/2026 5:55:17 PM GMT
Source Updated Date: 11/15/2026 12:49:26 AM GMT

Courtesy of: Jaxson Witty, Keller Williams Preferred Realty, jwitty@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.