For Sale Multi-Family MLS# 7087349

309 5th Avenue NW

New Prague, MN 56071

$649,900

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About 309 5th Avenue NW

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!

Property details

Property

Type
Fourplex
MLS type
Multi Family Home
Status
Active
Year built
1976
Stories
Split Entry (Bi-Level)
Living area
3,876 sqft
Price / sqft
$168
Lot
0.39
Original price
$649,900
MLS #
7087349

Interior

Features
Baseboard, Laundry Room, In Unit
Heating
Baseboard
Laundry
Laundry Room, In Unit

Exterior & lot

Features
Vinyl, Gravel, Parking Lot
Construction
Split Entry (Bi-Level), Block
Foundation
Block
Lot
240050210
Parking
Gravel, Parking Lot

Schools

District
New Prague Area Schools

Utilities

Utilities
City Sewer/Connected, City Water/Connected
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$5,580
Tax year
2026
Parcel
240050210

Location

Subdivision
Bohnsacks Add
County
Scott
Community
Scott, Deck, Patio, northstar, New Prague Area Schools
Directions
Hwy 19 W to 5th Ave Nw N to Property

Location

Neighborhood
Bohnsacks Add
School district
New Prague Area Schools

Ask about this property

Questions on 309 5th Avenue NW, New Prague, MN 56071, or want to see it in person?

Listed by Shane M. Weidall, South Metro Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.