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Blue Earth, MN Apartment Buildings for Sale

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11-Unit Apartment Building
Updated: Feb 2
11-Unit Apartment Building

905 E 5th Street, Blue Earth, MN 56013

$419,900
0.60 AC lot
11 apartments: two studios, three 1‑bedroom, five 2‑bedroom, and one 3‑bedroom units
9.1 Cap Rate, 5.4 GRM, 10% Cash on Cash 1st year, and 1.25 DSCR
0.6‑acre property at 905 E 5th Street, Blue Earth, MN 56013
Ten units have central air; each unit has a dedicated furnace and individual utility metering
Seller‑owned coin‑operated washer and dryer included; laundry room supports two washers and two dryers
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Blue Earth, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Downtown Building
Mixed-Use Downtown Building

40 Downtown Plaza, Fairmont, MN 56031

Contact for pricing
7,200 sqft

Two-story concrete and brick building with a main-level nail salon, warehouse/flex space, and second-floor apartments.

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City Side Estates Apartments
City Side Estates Apartments

600 Burton Lane, Fairmont, MN 56031

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36,840 sqft

36-unit apartment complex in Fairmont, MN, with 19 garages.

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Three-Story Mixed-Use Property
Three-Story Mixed-Use Property

1633 Monks Ave, Mankato, MN 56001

Contact for pricing
46,446 sqft

Combines service-based retail with student housing and full apartment kitchens.

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Mixed-Use Multifamily Building
Mixed-Use Multifamily Building

340 Stadium Rd, Mankato, MN 56001

Contact for pricing
29,484 sqft

Newer mixed-use multifamily building with on-site parking and good signage, near MSU campus amenities.

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Blue Earth, MN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Blue Earth, MN on our real estate platform.

Sale prices for two-family homes in Blue Earth, MN average $419,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 4,534
Population Growth (5Y) +6.0%
Median Household Income $64,360
College Educated 33.5%

High-Yield Neighborhoods for Investment

Identify Blue Earth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56013 $419.9K

Taxes & Financing

Tax Rate (average for all types) 2.96%
Property Tax per SF $23.96 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Faribault County

New Delisted

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