905 E 5th Street Blue Earth, MN 56013
- Added:
- Feb 2, 2026
- Days on Market:
- 81
- Last Refresh:
- Apr 24 at 8:06 am
Property Features for 905 E 5th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Residential-Multi-Family
- Parking features
- Parking Lot
- Exterior features
- Brick/Stone, Vinyl
- Standard status
- Active
- APN
- 212005860
- Lot size
- 0.60 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4410
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1955
- Architectural style
- Other
Listing agent Kevin Goettl (651) 500-4720
Listing office RE/MAX Results 11200 W 78th Street, Eden Prairie, MN (952) 829-2900
Listing date Feb 2, 2026
MLS# 7015348
Listing URL
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.
Overview
Blue Earth Multifamily Redevelopment Site
This multifamily investment property, located in an opportunity zone, offers four income streams and future redevelopment potential. The property is situated across the street from a major downtown redevelopment project focused on a $60 million-plus mixed-use development at the former Walgreens site. The property includes a five-bedroom, three-bath apartment and a four-bedroom, one-bath apartment, both equipped with a washer and dryer. Off-street parking is available for tenants and guests. Additionally, there are six rented surface parking stalls, and the double garage is rented separately. Interior finishes include marble, tile, granite, and stainless steel appliances. A private 19x17 patio is located on the south side of the property. The property is located on the city bus route and is walkable to downtown amenities. It is approximately half a mile from Minnesota State University Mankato campus and has been traditionally occupied by students. The zoning is CBDF, Central Business District Fringe, and the garage presents a possible office conversion. The lot size is 0.6 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Blue Earth
- County
- Faribault
- State
- Minnesota
- Longitude
- -94.090412
- Latitude
- 43.640099
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Multifamily investment with redevelopment potential in an opportunity zone.
Where is this multifamily property located?
The property is located at 905 E 5th Street Blue Earth, MN.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Located in an Opportunity Zone across from a $60 million+ mixed‑use redevelopment project.; Four income streams: two apartments, parking stalls, and a garage.; **Two updated apartments**: a 5‑bedroom/3‑bath and a 4‑bedroom/1‑bath, both with in‑unit washer/dryers.
