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$441,125

  • Sold
  • Closed
  • Commercial
  • 8,250 Acres
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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.

Full Property Details for 209 S Minnesota St

General

  • Sold For: $441,125
  • Taxes: $6,054 (2025)
  • Status: Closed
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6820873
  • Added to Site: 140 day(s) ago

Parking

  • Parking Features: On-Street Parking Only, Unassigned

School Information

  • School District: 2313 - New Ulm
  • High School District: New Ulm

Heating & Cooling

  • Cooling Type: Wall Unit(s), Window Unit(s)
  • Heating Type: Baseboard, Hot Water, Other, Radiator, Steam
  • Heating Fuel: Electric

Utilities

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

Financial Considerations

  • Tax Amount: $6,054
  • Tax Year: 2025
  • Owner Pays: Heat, Janitorial Service, Repairs, Snow Removal, Taxes, Trash Collection
  • Tenant Pays: Electricity
  • Pays Electric: Tenant Pays
  • Pays Heat: Owner Pays
  • Pays Trash: Owner Pays

Disclosures and Reports

  • Legal Description: SOUTH OF CENTER LOT-012 BLOCK-063
  • Inclusions: Building, Leases
  • Property ID: 100206312120

Listed and Sold by Keller Williams Premier Realty

Listing agent

— 209 S Minnesota St —

  • Keller Williams Premier Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 209 S Minnesota St

School District:New Ulm Public School District
NameGradesDistance
Jefferson Elementary School, New Ulm, MN
318 South Payne Street, New Ulm, MN 56073
PK-30.6 mi
Washington Elementary School, New Ulm, MN
910 14th North Street, New Ulm, MN 56073
4-61.4 mi
New Ulm High School
1600 Oak Street, New Ulm, MN 56073
7-121.6 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 209 S Minnesota St

Date
Details
Price
Change
Source
2/27/2026
Sold
$441,125
-4.1%
MLS
11/20/2025
Listed
$460,000
—
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 Keller Williams Premier Realty

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508 N Hennepin St, Winthrop, MN 55396 - Photo 1 Price Reduced
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Recent Sales near 209 S Minnesota St

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2216 Lake Ave, New Ulm, MN 56073 - Photo 1 Sold
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Sold by Non-MLS

209 S Minnesota Street, New Ulm, MN 56073 (MLS# 6820873) is a Commercial property that was sold at $441,125 on February 27, 2026. Want to learn more about 209 S Minnesota Street? Do you have questions about finding other Commercial real estate for sale in New Ulm? You can browse all New Ulm real estate or contact a Coldwell Banker agent to request more information.