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$459,900

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 6 Total Beds
  • 3 Car Garage
See This Home
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This four-unit property in Newport offers a practical and versatile multifamily layout on a large corner lot. The unit mix includes two 2-bedroom units and two 1-bedroom units, all with one bathroom. Two units have been recently renovated, providing a blend of updated and value-add potential. The building features separate electric meters for each unit, coin-operated laundry in the basement, three garage stalls, and two oversized driveways for convenient parking. The generous lot size and corner location add to the overall functionality of the property. With its thoughtful layout, parking amenities, and recent updates, this property offers flexibility for a variety of ownership strategies.

Full Property Details for 577 7th Ave

General

  • Sold For: $459,900
  • Taxes: $5,510 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7001616
  • Added to Site: 94 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Detached Garage, Asphalt

School Information

  • School District: 2290 - South Washington County
  • High School District: South Washington County

Heating & Cooling

  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas

Utilities

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

Financial Considerations

  • Operating Expenses: $7,550
  • Tax Amount: $5,510
  • Tax Year: 2025
  • Terms: Contract for Deed, Conventional, VA, FHA, Cash
  • Tenant Pays: Electricity, Gas
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays

Disclosures and Reports

  • Legal Description: LOTS 1 & 3 BLOCK 54 TOWN OF NEWPORT BLOCK 54 LOT 1 SUBDIVISIONCD 55030 SUBDIVISIONNAME NEWPORT TOWN OF BLOCK 54 LOT 3 SUBDIVISIONCD 55030 SUBDIVISIONNAME NEWPORT TOWN OF
  • Property ID: 102722220071

Listed by Compass
Sold by Metzen Realty and Associates CO.

Listing agents

— 577 7th Ave —

  • Compass

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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 577 7th Ave

School District:South Washington County School District
NameGradesDistance
Newport Elementary School
851 6th Avenue, Newport, MN 55055
PK-50.2 mi
Oltman Middle School
6625 Goodview Avenue South, Cottage Grove, MN 55016
6-81.3 mi
East Ridge High School
4200 Pioneer Drive, Woodbury, MN 55129
9-123.7 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 577 7th Ave

Date
Details
Price
Change
Source
2/27/2026
Sold
$459,900
—
MLS
12/30/2025
Listed
$459,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Down Payment Resource

Listed by Compass
Sold by Metzen Realty and Associates CO.

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6373 Apple Ct, Inver Grove Heights, MN 55077 - Photo 1 Just Listed
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6373 Apple Ct  Inver Grove Heights, MN 55077

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Price Reduced near 577 7th Ave

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2116 65th St E, Inver Grove Heights, MN 55077 - Photo 1 Price Reduced
-$40,000 (-4.26%)
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2116 65th St E  Inver Grove Heights, MN 55077

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8116 Clifford Cir, Inver Grove Heights, MN 55076 - Photo 1 Price Reduced
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Recent Sales near 577 7th Ave

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1401 2nd Ave, Newport, MN 55055 - Photo 1 Sold
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1401 2nd Ave  Newport, MN 55055

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757 Pleasant Ave, Saint Paul Park, MN 55071 - Photo 1 Sold
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757 Pleasant Ave  Saint Paul Park, MN 55071

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Listed by Keller Williams Premier Realty
Sold by Home Sellers

577 7th Avenue, Newport, MN 55055 (MLS# 7001616) is a Multi-Family property that was sold at $459,900 on February 27, 2026. Want to learn more about 577 7th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.