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209 S Minnesota Street New Ulm, MN $ 460,000
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$ 460,000 Get more info
209 S Minnesota Street
$ 460,000
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209 S Minnesota Street

New Ulm, MN, 56073
$ 460,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,870

209 S Minnesota Street, New Ulm, MN 56073 - Image 1
209 S Minnesota Street, New Ulm, MN 56073 - Image 2
209 S Minnesota Street, New Ulm, MN 56073 - Image 3
209 S Minnesota Street, New Ulm, MN 56073 - Image 4
209 S Minnesota Street, New Ulm, MN 56073 - Image 5
209 S Minnesota Street, New Ulm, MN 56073 - Image 6
209 S Minnesota Street, New Ulm, MN 56073 - Image 7
209 S Minnesota Street, New Ulm, MN 56073 - Image 8
209 S Minnesota Street, New Ulm, MN 56073 - Image 9
209 S Minnesota Street, New Ulm, MN 56073 - Image 10
209 S Minnesota Street, New Ulm, MN 56073 - Image 11
209 S Minnesota Street, New Ulm, MN 56073 - Image 12
209 S Minnesota Street, New Ulm, MN 56073 - Image 13
209 S Minnesota Street, New Ulm, MN 56073 - Image 14
209 S Minnesota Street, New Ulm, MN 56073 - Image 15

Commercial Property for sale in New Ulm, MN

for $460,000. This building was built in 1947.

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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Commercial Active

Price

$ 460,000

Property Type

Commercial

Taxes

$ 6,054

Style

Multi-Family

Year Built

1947

Town/City

New Ulm

County/Region

Brown

MLS | Web ID

7039115
Features
General
Heating Baseboard Radiant Steam Hot Water Wood Stove
Cooling Wall
Roof Flat Rubber
Water City
Sewer City
Status Active ACTIVE
Year Built 1947
Road Frontage County Highway
Subdivision MN
Sale/Rent For Sale
School District New Ulm #88
Sale/Lease For Sale
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Exterior
Exterior Brick
Waterfront No
Construction Type Concrete Block
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Interior
Appliances Unit 3 Range/Stove Refrigerator
Appliances Unit 4 Range/Stove Refrigerator
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* Excluded Features
List By
Keller Williams Premier Realty

Broker

sofiaengel@kw.com

Email

Affordability Calculator

$3,374
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,870
Monthly Property Taxes
$505
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1357925 Elementary School
1357919 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/21/2025$460,000 Listed Price

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209 S Minnesota Street, New Ulm, MN, 56073 is a Commercial Property for sale at $460,000. 209 S Minnesota Street was built in 1947. The property's zip code is 56073 which is in New Ulm, MN

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