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New Ulm, MN Apartment Buildings for Sale

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New Ulm Multifamily Investment Opportunity
$460,000

New Ulm Multifamily Investment Opportunity

209 S Minnesota St, New Ulm, MN 56073

12-unit apartment building in downtown New Ulm with value-add potential.

  • Value‑add opportunity: Priced to reflect needed renovations, offering significant upside potential for investors.
  • Immediate income potential: Six units are currently leased and generating revenue.
  • Convenient downtown location: Situated in downtown New Ulm, close to amenities and services.
  • Strong rental demand: Property offers long‑term rental demand.
  • Renovation flexibility: Three units need minor updates, one is ready for complete build‑out, allowing for varied renovation strategies.
Last Update: Dec 1
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New Ulm Apartment Building Investment
$460,000
0.19 Acres

New Ulm Apartment Building Investment

209 S Minnesota St, New Ulm, MN 56073

12-unit apartment building with income and value-add potential.

  • Value‑add opportunity with significant upside potential through renovation of vacant units.
  • Immediate income from six currently leased units.
  • Convenient downtown New Ulm location close to amenities.
  • 12‑unit apartment building offers long‑term rental demand.
  • Three vacant units require only minor updates to become rent‑ready.
Last Update: Nov 25
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in New Ulm, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

Mixed-Use Property in Business District
$3,375,000

Mixed-Use Property in Business District

Mixed-use property with apartments and retail in North Mankato.
422 Belgrade Ave, North Mankato, MN 56003
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North Mankato Mixed-Use Property
$3,375,000
0.69 Acres

North Mankato Mixed-Use Property

Well-maintained commercial property with apartments and retail spaces in prime location.
422 Belgrade Ave, North Mankato, MN 56003
View details
Mankato 4-Plex Investment Opportunity
$465,000

Mankato 4-Plex Investment Opportunity

High-Yield Multifamily Property in Central Mankato
217 Spring St, Mankato, MN 56001
View details
Mankato Multi-Family Rental Property
$217,700
2,178 SF

Mankato Multi-Family Rental Property

Five-bedroom, two-bath home with rental license, leased through 2026.
610 E Vine St, Mankato, MN 56001
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Explore Off-Market Properties in New Ulm, MN

Consider similar Off-Market properties in New Ulm, 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.

300 Broadway St

300 Broadway St

HIGH-RISE APARTMENTS • 6,127 SF
Value Estimation by Request
300 Broadway St, New Ulm, MN 56073-1755
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New Ulm, MN Apartment Buildings Investment Opportunities Market Analysis

Explore 3 apartment buildings for sale in New Ulm, MN on our real estate platform. These investment opportunities span a total of 8,250 square feet of properties for sale, with an estimated market value of $460,000.

Prices for two-family homes in New Ulm, MN start at $460,000, averaging $460,000, and reaching up to $460,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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