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$260,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 4 Total Beds
  • 2 Car Garage
  • Updated 3 hours ago
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100% occupied, cash-flowing investment opportunity in the community of Grove City. Conveniently located just one hour from Saint Cloud, this well-maintained property features three rental units, including two 1-bedroom, 1-bath units on the main level and one 2-bedroom, 1-bath unit on the upper level. Turn-key operation with strong rental history and consistent income. Priced at an attractive 8.5% cap rate, making this an excellent addition to any investor's portfolio or an amazing owner-occupied home.

Full Property Details for 201 5th St N

General

  • Price: $260,000
  • Taxes: $2,752 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7044982
  • Updated: 3/31/2026
  • Added to Site: 2 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Meeker
  • Township: Grove City
  • Subdivision: T C Lawsons Sub
  • Driving Directions: US 12 W/N Sibley Ave, right onto 5th St. N

School Information

  • School District: 1135 - A.C.G.C.
  • High School District: A.C.G.C.

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Other

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation Size: 1332
  • Disability Access: None
  • Square Feet: 1,332
  • Above Ground: 1,332 Sq. Ft.
  • Finished Down/Base.: 1,332 Sq. Ft.
  • Year Built: 1918

Lot Features

  • Lot Size (Acres): 0.32
  • Lot Dimensions: 64 x 106 x 91 irr
  • Zoning: Residential-Single Family

Financial Considerations

  • Operating Expenses: $7,432
  • Tax Amount: $2,752
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Electricity, Gas, Trash Collection, Water
  • Pays Electric: Owner Pays
  • Pays Gas: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LAWSON'S SUB LOT 1 OF LOT C LAWSON'S SUB OF N 1/2 NE 1/4
  • Property ID: 250225000

Listed by Ferndale Realty

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Listing agents

— 201 5th St N —

  • Ferndale Realty

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NMLS#: 1598647

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Schools serving 201 5th St N

School District:A.C.G.C. Public School District
NameGradesDistance
A.C.G.C. North Elementary School
302 2nd Street North, Atwater, MN 56209
PK-44.7 mi
A.C.G.C. Secondary
27250 Minnesota 4, Grove City, MN 56243
7-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 201 5th St N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/29/2026
Listed
$260,000
983.33%
MLS
2/02/2021
Sold
$24,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 201 5th St N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,752
6%
$156,200
-8%
2024
$2,588
5%
$169,900
8%
2023
$2,464
-23%
$157,900
56%
2021
$3,216
31%
$101,000
-15%
2023
$2,464
-23%
$119,500
10%
2021
$3,216
201%
$108,300
28%
2020
$1,068
100%
$84,300
10%
2011
100%
$76,600
10%
2011
100%
$69,600
-11%
2011
—
$78,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Ferndale Realty

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201 5th Street N, Grove City, MN 56243 (MLS# 7044982) is a Multi-Family property with 3 units containing 4 bedrooms and 0 full bathrooms. 201 5th Street N is currently listed for $260,000 and was received on March 29, 2026. Want to learn more about 201 5th Street N? Do you have questions about finding other Multi-Family real estate for sale in Grove City? You can browse all Grove City real estate or contact a Coldwell Banker agent to request more information.

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