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Updated 4-Unit Quadplex
For Sale
$389,000

804 S 4th Street, Saint Peter, MN 56082

Residential Income, Saint Peter, MN

Property Size3,008 SF
Lot Size0.25 Acres
Price / SF$129.32
Days on Market210

Property Features for 804 S 4th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 6, Bedroom 1, Bathroom 5, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Basement, Bathroom 3, Bathroom 1, Bedroom 7, Bedroom 5, Bathroom 4
Parking features Parking Lot
Exterior features Steel Siding
Subdivision Amended
Lot features Corner Lot, Tree Coverage - Light
High school district St. Peter
Directions Hwy 22 north from Mankato, right on 169, left on College Street, right on 4th street. Property will be on your left
Standard status Active
APN 194121840
Size 3,008 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5354

Utilities

Heating system Oil

Amenities

coin operated washer and dryer

Building Details

Year built 1890
Building materials Frame
Roof type Shingle
Listing Agency: Weichert Realtors, Community Group
Listed By: Richard E Draheim
Added: Mar 2 Changed: Sep 24 Last Checked: Sep 28 at 1:06AM
MLS# 7024459

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1890, this 3,008-square-foot quadplex contains four residential units and has received multiple updates. Improvements include steel siding, a shingle roof installed in November 2023, a replacement chimney cap from October 2021, and a stainless steel chimney liner added in May 2021. The property also includes aluminum combination storm windows, oil heat, a basement with coin-operated laundry, and a parking lot.

All units are leased. Appliances have been replaced within the last six years, while the water heater dates to 2019 and the dryer was replaced in 2023. The 0.253-acre property is located one block from Minnesota Square Park, near Gustavus College, and within walking distance of downtown amenities in Saint Peter.

Key Highlights

  • 3,008‑square‑foot quadplex on 0.253 acres
  • Four residential units; all units are leased
  • Built in 1890 with frame construction and steel siding

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Pharmacy HVAC Service Auto Repair Shop Auto Parts Store Bakery Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby

Demographics for 56082, MN

14,507
Population
5,149
Households
2.8
Avg Household Size
34
Median Age
32%
College-Educated
92%
High-School Grad
124.1 sq mi
ZIP Area
117
Density / Sq Mi
$72,332
Median Household Income
$30,904
Median Earnings
$952
Median Rent
$263,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully leased residential property with basement laundry, a parking lot, and updated exterior and building systems.
Where is this quadplex located?
The property is located at 804 S 4th Street Saint Peter, MN.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 3,008‑square‑foot quadplex on 0.253 acres; Four residential units; all units are leased; Built in 1890 with frame construction and steel siding
More about this property
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