Search
Four-Unit Multifamily Building
For Sale
$310,000

202 Main St E, Norwood Young America, MN 55397

Fully occupied property with updated building systems and dedicated parking for each residence.

Property Size3,121 SF
Price / SF$99.33
Days on Market43

Property Features for 202 Main St E

General Information

Standard status Active
Size 3,121 SF
Property subtype Multi-Family
Occupancy 100%

Units

Multifamily Units 4
Parking per Unit 2

Additional Details

Highway Access Yes

Building Details

Year Built 1860
Listing Agency: eXp Realty
Listed By: Artemisa Boston
Source: Homesearchlive
Added: Jul 20 Changed: Aug 30 Last Checked: Aug 31 at 6:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

This four-unit multifamily property contains 3,121 square feet and was built in 1860. Two residences are positioned on the main level, and the property is currently fully rented. Each unit has two designated parking spaces, with additional on-site and street parking available.

Recent improvements include a new furnace and air-conditioning system installed in 2022, electrical system updates completed in 2021, and a new water heater added in 2025. The building occupies a corner lot in downtown Norwood Young America, with access to highways and schools. The property is located at 202 Main St E.

Key Highlights

  • Four‑unit property with 3,121 SF, built in 1860
  • Currently fully rented
  • Two units located on the main floor

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Dental Office Nail Salon Auto Parts Store

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

79
Businesses Nearby

Demographics for 55397, MN

2,871
Population
1,250
Households
2.3
Avg Household Size
40
Median Age
25%
College-Educated
96%
High-School Grad
28.3 sq mi
ZIP Area
101
Density / Sq Mi
$77,227
Median Household Income
$49,428
Median Earnings
$1,068
Median Rent
$334,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied property with updated building systems and dedicated parking for each residence.
Where is this quadplex located?
The property is located at 202 Main St E Norwood Young America, MN.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Four‑unit property with 3,121 SF, built in 1860; Currently fully rented; Two units located on the main floor
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message