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Quadplex with Updated Exterior
For Sale
$389,000

804 S 4th Street, St Peter, MN 56082

MULTI_FAMILY - St. Peter, MN

Property Size3,008 SF
Lot Size0.25 Acres
Price / SF$129.32
Days on Market159

Property Features for 804 S 4th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Basement, Bedroom 6, Bedroom 5, Bedroom 4, Bedroom 7, Bathroom 3, Bathroom 5, Bedroom 3
Patio and Porch features Porch, Deck
Exterior features Deck, Porch
Basement Partially Finished
Lot features Corner Lot, Tree Coverage - Light
Elementary school district St. Peter #508
Middle school district St. Peter #508
High school district St. Peter #508
Directions Hwy 22 north from Mankato, right on Hwy 169, left on College Street, right on 4th street. Property will be on your left.
Subdivision ST. PETER/KASOTA/CLEVELAND
Standard status Active
APN 19.412.1840
Size 3,008 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Block 141 "EX SLY 60.13'" Lot 7, 8, & 9 SubdivisionCd 19412 SubdivisionName AMENDED PLAT
Tax Annual Amount 5354
Legal Description Block 141 "EX SLY 60.13'" Lot 7, 8, & 9 SubdivisionCd 19412 SubdivisionName AMENDED PLAT

Utilities

Heating system Oil

Amenities

Coin operated washer and dryer

Building Details

Year built 1890
Floors in Building 2
Number of units 4
Roof type Shingle
Architectural style Other
Listing Agency: WEICHERT REALTORS, COMMUNITY GROUP
Listed By: RICH DRAHEIM · License #20561513
Added: Mar 2 Changed: Aug 7 Last Checked: Aug 8 at 11:06PM
MLS# 7039546

Copyright © 2026 Realtor Association of Southern Minnesota. 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.

This quadplex in St. Peter features four leased units within a historic building built in 1890. The exterior has been substantially updated, including all new steel siding and a new shingle roof installed in Nov. 2023. Additional work includes a new chimney with a new cement cap in Oct. 2021 and a new stainless steel chimney liner from the top of the chimney to the furnace installed in May 2021.

Unit support updates include new appliances within the last 6 years and a new water heater in 2019. Coin-operated washer and dryer are available in the basement, with a new dryer added in 2023. The property also has aluminum combination storm windows, an oil heating system, and deck and porch exterior features.

There may be room behind the building to add garages, which would require confirmation with the City of St. Peter. The building is located one block from Minnesota Square Park and close to Gustavus College and downtown amenities.

Key Highlights

  • All four units are leased and ready for a new owner
  • New shingle roof installed Nov. 2023 plus all‑new steel siding
  • New chimney with cement cap installed Oct. 21, 2021

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

100%
Occupancy
Multi-tenant
Tenancy

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

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 - Well-maintained quadplex with all units leased and recent exterior and appliance updates, including a roof replacement in 2023.
Where is this quadplex located?
The property is located at 804 S 4th Street St 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: All four units are leased and ready for a new owner; New shingle roof installed Nov. 2023 plus all‑new steel siding; New chimney with cement cap installed Oct. 21, 2021
More about this property
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