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New Prague, MN Apartment Buildings for Sale

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Recently Refurbished 7-Unit Apartment
Updated: May 28
Recently Refurbished 7-Unit Apartment

514 Main St E, New Prague, MN 56071

$584,900
Recently refurbished 7‑unit building with a unit mix of one 3‑bedroom, five 1‑bedrooms, and a studio
All 7 units are currently under lease and cash flow is positive
Detached 2‑stall garage/workshop with 11 storage units available
Zoned High‑Density Residential (RH1) for townhouses and apartments
Conditional use includes nursing home/assisted living facility
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in New Prague, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Richfield Multifamily Investment Opportunity
Richfield Multifamily Investment Opportunity

7427 Penn Ave S, Minneapolis, MN 55423

$2,400,000
10,649 sqft

21-unit apartment building in desirable Richfield submarket.

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Turnkey Seven-Unit Apartment Building
Turnkey Seven-Unit Apartment Building

8311 Excelsior Blvd, Hopkins, MN 55343

$875,000

Turnkey, fully leased seven-unit apartment building with all one-bedroom units and updated key infrastructure.

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Minneapolis Multifamily Investment Opportunity
Minneapolis Multifamily Investment Opportunity

5733 Bossen Terrace, Minneapolis, MN 55417

$939,900

Eight-unit multifamily property in South Minneapolis with value-add potential.

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12-Unit Apartment Building
12-Unit Apartment Building

57 6th Avenue South, Hopkins, MN 55343

$1,350,000

Twelve apartment units with individually controlled HVAC and 13 on-site parking spaces, blocks from Downtown Hopkins Mainstreet.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Off-Market Properties in New Prague, MN

Consider similar Off-Market properties in New Prague, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

606 1st NE St
APARTMENT HOUSE (UNDER 5 UNITS)

606 1st NE St, New Prague, MN 56071-2206

Value Estimation by Request
1,716 sqft 0.18 AC lot
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New Prague, MN Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in New Prague, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $584,900.

Sale prices for two-family homes in New Prague, MN start at $584,900, averaging $584,900, and reaching up to $584,900 — 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 13K
Population Growth (5Y) +2.1%
Median Household Income $109,672
College Educated 43.3%

Taxes & Financing

Tax Rate (average for all types) 2.13%
Property Tax per SF $29.28 per SF
Tax Rate vs County Average 0.31 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Scott County

New Delisted

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