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Updated Three-Unit Multifamily Property
For Sale
$374,900

213 Main St E, Young America, MN 55397

Fully occupied building with on-site coin-operated laundry and a dedicated private parking lot.

Property Size3,762 SF
Price / SF$99.65
Days on Market25

Property Features for 213 Main St E

General Information

Standard status Active
Size 3,762 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 1 x 1BR, 1 x 2BR, 1 x 2BR + extra room
Multifamily Units 3

Additional Details

Highway Access Yes

Amenities

coin-operated laundry
private parking lot

Building Details

Year Built 1920
Buildings 1
Listing Agency: RE/MAX Advantage Plus
Listed By: Ben Smothers
Source: Homesminn
Added: Aug 5 Changed: Aug 28 Last Checked: Aug 25 at 4:51AM

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 RE/MAX Advantage Plus

Investment Insights

Based on property information with market context.

Built in 1920, this 3,762-square-foot triplex includes one one-bedroom unit, one two-bedroom unit, and a second two-bedroom unit with an additional room. The property is fully rented to long-term tenants and has received recent updates along with ongoing preventative maintenance. A coin-operated laundry area and private parking lot add practical operating features for residents.

The property is located at 213 Main St E in Young America, Minnesota, with convenient access to Hwy 212 for travel toward the Twin Cities. Parks, restaurants, and other amenities are within walking distance, providing nearby recreational and daily-use destinations for occupants.

Key Highlights

  • 3,762‑square‑foot triplex built in 1920
  • Unit mix includes one 1‑bedroom, one 2‑bedroom, and one 2‑bedroom unit with an extra room
  • Fully rented to long‑term tenants

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Dental Office Nail Salon Pharmacy

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

3
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
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Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied building with on-site coin-operated laundry and a dedicated private parking lot.
Where is this triplex located?
The property is located at 213 Main St E Young America, MN.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: 3,762‑square‑foot triplex built in 1920; Unit mix includes one 1‑bedroom, one 2‑bedroom, and one 2‑bedroom unit with an extra room; Fully rented to long‑term tenants
More about this property
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