USAMNNew Ulm209 S Minnesota St
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$460,000

Sold

4 months ago

209 S Minnesota St, New Ulm, MN

MLS® 6820873

16 Bed

12 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $6,054
Approx. Age 1947
MLS® Number 6820873

Property Address: 209 S Minnesota St, New Ulm, MN, 56073-2158

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

Description

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.
MLS® Number6820873
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1947
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, Leases

Price History

Jan 29, 2026End Date
$441,125Sold Price

Sold

Nov 21, 2025List Date
$460,000List Price
  • Commute

Commute

Starting Address
Destination Address
209 S Minnesota St, New Ulm, MN

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