309 5th AVE NW, New Prague, MN 56071
309 5th AVE NW, New Prague, MN 56071
309 5th AVE NW, New Prague, MN 56071
309 5th AVE NW, New Prague, MN 56071
309 5th AVE NW, New Prague, MN 56071
309 5th AVE NW, New Prague, MN 56071
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Paul Erickson

Paul Erickson

+1(507) 430-2343
$ 649,900
Est. payment | /mo

8 Beds

4 Baths

3,876 SqFt

Save
$ 649,900
Est. payment | /mo
Save

8 Beds

4 Baths

3,876 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,876 sqft

Price per Sqft $167

Subdivision Bohnsacks Add

MLS Listing ID 7087349

Bedrooms 8

Year Built 1976

Annual Tax Amount $5,580

Tax Year 2026

Contingent None

Lot Size 0.390 Acres

Lot Dimensions 113x150

Property Sub-Type Fourplex

Property Description

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!

Location

State MN

County Scott

Zoning Residential-Multi-Family

Rooms

Basement None

Interior

Heating Baseboard

Fireplace No

Laundry Laundry Room, In Unit

Exterior

Parking Features Gravel, Parking Lot

Building

Lot Description Corner Lot, Tree Coverage - Light

Story Split Entry (Bi-Level)

Foundation 1938

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Split Entry (Bi-Level)

New Construction false

Schools

School District New Prague Area Schools

Listed by Shane Weidall • South Metro Realty

Schools and Properties Nearby

Paul Erickson

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(507) 430-2343

paul@erickson.realestate

Apple Valley, MN, 55124, USA

Learn More About LPT Realty

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309 5th AVE NW