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309 5th Avenue NW, New Prague, MN 56071

Status: For Sale

4 units
3,876 sq ft

$649,900

WELCOME HOME

Get to know this property.

Excellent investment opportunity in New Prague! This well-maintained 4-plex features four 2-bedroom, 1-bath units with strong rental history and recently renewed one-year leases, providing immediate and stable cash flow for the new owner. Each unit offers its own laundry room, deck or patio, and separately metered utilities. Major updates include newer roof, siding, and windows, helping minimize future maintenance expenses. The property also features a large parking lot and attractive outdoor living spaces for tenants. Whether you're a seasoned investor or looking to add your first multifamily property to your portfolio, this turnkey investment offers reliable income and long-term potential in the growing New Prague market. Schedule your showing today!

The details that matter.

General Property Information for 309 5th Avenue NW, New Prague, MN 56071 - MLS# 7087349
Bedrooms and Bathrooms
Total Bedrooms:
6
Total Bathrooms:
3
Size and Multi Family Residence
Year Built:
1976
Type of Property:
Multi Family Residence
Style:
Fourplex
Stories/Levels:
Split Entry (Bi-Level)
Total SqFt:
3,876
Total Fnsh'd SqFt:
3,876
Above Ground SqFt:
3,876
Finished Above Grade:
3,876
Below Ground SqFt:
0
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
N/A
Main Floor SqFt:
1,938
Approx Lot Dimensions:
113 x 150
Approx Number of Acres:
0.39
Income and Expenses
Gross Income:
$53,400
Total Expenses:
$0

A closer look at the location.

Hwy 19 W to 5th Ave Nw N to Property

This listing has been entered by the following office: South Metro Realty

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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