Sold on Jul 29, 2026
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Overview
Location
Mortgage
Sold for $441,125
Sold for $441,125
209 S Minnesota St New Ulm, MN 56073
$441,125
CLOSEDBeds
16
Baths
12
Sqft
Acres
0.19
Year
1947
Close Date
Feb 27, 2026
Property Type
Commercial Sale
Sub Type
Date Listed
Nov 20, 2025
Description of 209 S Minnesota St, New Ulm, MN 56073
Listing details for 209 S Minnesota St, New Ulm, MN 56073 : 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.
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Listing Updated : 08-25-2026 at 1:34 AM CDT
Property Details
Property Overview
Listing Price
$460,000
MLS #ID
6820873
Close Price
$441,125
Close Date
Feb 27, 2026
Bedrooms
16
Bathrooms
12
Square Footage
Acres
0.19
Year
1947
Days on Site
16 Days
Property Type
Commercial Sale
Property Sub Type
Price per Sq Ft
$0
Date Listed
Nov 20, 2025
Location
Street Address
209 S Minnesota St
City
State
Minnesota
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
Take Broadway St/Hiawatha Pioneer Trail, Turn North on 2nd St, Turn Right on S Minnesota St, Destination will be on the left
Schools
School District
Home Specification
Bedrooms
16
Construction / Architecture
Year Built
1947
Construction Materials
Brick and Concrete
Foundation
Block, Combination and Slab
Roof
Age Over 8 Years and Flat
New Construction
No
Price per Sq Ft
$0
Lot Size (Acres)
0.19
Lot Dimensions
50x165
Interior Details
Appliances
Range and Refrigerator
Fireplace
No
Heating
Baseboard, Hot Water, Other, Radiator and Steam
Cooling
Wall Unit(s) and Window Unit(s)
Exterior Details
Garage
No
Parking Features
On-Street Parking Only and Unassigned
Exterior Features
Stone
Fencing
None
Water Source
City Water/Connected
Sewer
City Sewer/Connected
Taxes, HOA & Financing
Annual Property Tax
$6,054.00
HOA Fee Includes
None
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Properties displayed may be listed or sold by various participants in the MLS
Source
NorthstarMLS as distributed by MLS GRID, MLS#: 6820873
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Property History
DateEventPrice
2/27/2026
Sold
$441,125
Source:NorthstarMLS #NST6820873
NorthstarMLS #NST6820873 11/20/2025
Listed for sale
—
Source:NorthstarMLS #NST6820873
NorthstarMLS #NST6820873Location of 209 S Minnesota St, New Ulm, MN 56073
Streetview of 209 S Minnesota St, New Ulm, MN 56073
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Based on information submitted to the MLS GRID as of 2026-08-25. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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