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$340,000

  • Sold
  • Closed
  • Apartment
  • 6,000 Sq. Ft.
  • 0.23 Acres
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Blooming Prairie is located in the middle of Owatonna, Austin, and Rochester, MN. This traditionally built 7-unit multi-family apartment complex offers a mix of one and two bedroom units. Constructed in 1967 these apartments are spacious and have eat-in-kitchens, newer windows, and front and back secured entries. Plenty of closets and extra storage in the basement. The roof is being replaced this summer due to hail damage and will be completed before closing. Coin-operated washer and dryer located in the lower level for residents to use. There are five off-street parking spaces in the back lot and the property sits on 0.23 acres. Exterior siding is in great shape and the lawn is well manicured. This asset is very easy to own and manage with 7.5% Cap Rate!

Full Property Details for 219 2nd St NE

General

  • Sold For: $340,000
  • Taxes: $3,904 (2025)
  • Status: Closed
  • Type: Apartment
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6750043
  • Added to Site: 219 day(s) ago

Parking

  • Parking Features: Gravel

School Information

  • School District: 756 - Blooming Prairie
  • High School District: Blooming Prairie

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Boiler, Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Financial Considerations

  • Operating Expenses: $21,133
  • Tax Amount: $3,904
  • Tax Year: 2025
  • Tenant Pays: Cable TV
  • Pays Cable: Tenant Pays

Disclosures and Reports

  • Legal Description: BLK. 5 LOT 4
  • Inclusions: Building, Land, Leases, Rental License
  • Property ID: 141000505

Listed and Sold by Apartment Cash Flow, Inc.

Listing agent

— 219 2nd St NE —

  • Apartment Cash Flow, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 219 2nd St NE

School District:Blooming Prairie Public School District
NameGradesDistance
Blooming Prairie Elementary School
123 2nd Street Northwest, Blooming Prairie, MN 55917
PK-60.1 mi
Blooming Prairie Secondary
202 4th Avenue Northwest, Blooming Prairie, MN 55917
7-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 219 2nd St NE

Date
Details
Price
Change
Source
9/29/2025
Sold
$340,000
-11.69%
MLS
7/04/2025
Listed
$385,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Apartment Cash Flow, Inc.

Just Listed near 219 2nd St NE

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507 1st St NW, Austin, MN 55912 - Photo 1 Just Listed
$395,000

507 1st St NW  #B&C  Austin, MN 55912

  • Commercial
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  • 0.024
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509 8th St NE, Austin, MN 55912 - Photo 1 Just Listed
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509 8th St NE  Austin, MN 55912

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1055 Johnson Pl SE, Owatonna, MN 55060 - Photo 1 Just Listed
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1055 Johnson Pl SE  Owatonna, MN 55060

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275 Hickory Ln NE, Owatonna, MN 55060 - Photo 1 Just Listed
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275 Hickory Ln NE  Owatonna, MN 55060

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Listed by Miller Real Estate

Price Reduced near 219 2nd St NE

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310 S Main St, Austin, MN 55912 - Photo 1 Price Reduced
-$20,000 (-3.64%)
$530,000

310 S Main St  Austin, MN 55912

  • Multi-Family
  • Active
  • Updated 1 day ago
  • 4
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Listed by Compass
400 Oakland Pl NE, Austin, MN 55912 - Photo 1 Price Reduced
-$20,000 (-6.06%)
$309,900

400 Oakland Pl NE  #9  Austin, MN 55912

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  • Updated 5 days ago
  • 2
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    Sq. Ft.
Listed by Real Broker, LLC.
1303 4th Ave NE, Austin, MN 55912 - Photo 1 Price Reduced
-$20,000 (-20.02%)
$79,900

1303 4th Ave NE  Austin, MN 55912

  • Triplex
  • Active
  • Updated 4 days ago
  • 5
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  • 2,300
    Sq. Ft.
Listed by Jeff Hagel
1918 7th Ave NE, Austin, MN 55912 - Photo 1 Price Reduced
-$5,000 (-2.72%)
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1918 7th Ave NE  Austin, MN 55912

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  • 968
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Listed by Dwell Realty Group LLC

Recent Sales near 219 2nd St NE

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215 3rd Street SW, Blooming Prairie, MN 55917 - Photo 1 Sold
$303,100

215 3rd Street SW  Blooming Prairie, MN 55917

  • Single Family
  • Closed
  • 5
    Beds
  • 3
    Total Baths
  • 2,464
    Sq. Ft.
Listed and Sold by eXp Realty
315 5th Cir SW, Blooming Prairie, MN 55917 - Photo 1 Sold
$305,000

315 5th Cir SW  Blooming Prairie, MN 55917

  • Single Family
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,723
    Sq. Ft.
Listed and Sold by Home Sellers of Minnesota Inc
14500 54th Ave SE, Blooming Prairie, MN 55917 - Photo 1 Sold
$350,000

14500 54th Ave SE  Blooming Prairie, MN 55917

  • Single Family
  • Closed
  • 3
    Beds
  • 1
    Total Bath
  • 1,092
    Sq. Ft.
Listed by Weichert, REALTORS- Heartland
Sold by Re/Max Advantage Plus
4950 Hwy 30 E, Blooming Prairie, MN 55917 - Photo 1 Sold
$344,000

4950 Hwy 30 E  Blooming Prairie, MN 55917

  • Single Family
  • Closed
  • 3
    Beds
  • 1
    Total Bath
  • 1,184
    Sq. Ft.
Listed and Sold by Timber Ghost Realty, LLC

219 2nd Street NE, Blooming Prairie, MN 55917 (MLS# 6750043) is a Apartment property that was sold at $340,000 on September 29, 2025. Want to learn more about 219 2nd Street NE? Do you have questions about finding other Apartment real estate for sale in Blooming Prairie? You can browse all Blooming Prairie real estate or contact a Coldwell Banker agent to request more information.