Four-Unit Apartment
232 Broadway St E, Rockville, MN 56369
For Sale
$200,000
Fully occupied apartments include a rented detached garage and off-street parking on a corner lot.
Property Size3,688 SF
Price / SF$54.23
Days on Market110
Property Features for 232 Broadway St E
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Listing Agency:
Edina Realty, Inc
(320) 255-9000
Listed By:
Randy Meierhofer
(320) 290-2870
Source:
Exprealty
Added: Jul 27
Changed: Nov 7
Last Checked: Nov 12 at 10:30AM
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 Edina Realty, Inc
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Investment Insights
Based on property information with market context.
This four-unit rental property contains two apartments on the upper level and two on the lower level. All units are currently occupied, with two apartments supported by tenants who have remained in place for more than 10 years. The property also includes a detached two-car garage that generates additional rental income, along with off-street parking for residents.
Positioned on a corner lot at 232 Broadway St E in Rockville, MN, the property combines four residential units with a separately rented garage. Its existing occupancy, established tenancy, and additional parking are central features of the asset.
Positioned on a corner lot at 232 Broadway St E in Rockville, MN, the property combines four residential units with a separately rented garage. Its existing occupancy, established tenancy, and additional parking are central features of the asset.
Key Highlights
- Four apartments: two upper‑level units and two lower‑level units
- All four units are currently occupied
- Two tenants have rented for more than 10 years
Property Analytics
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Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
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Business Placement
Demographics for 56369, MN
545
Population
225
Households
2.4
Avg Household Size
36
Median Age
17%
College-Educated
87%
High-School Grad
0.6 sq mi
ZIP Area
908
Density / Sq Mi
$84,464
Median Household Income
$54,107
Median Earnings
$896
Median Rent
$223,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied apartments include a rented detached garage and off-street parking on a corner lot.
Where is this quadplex located?
The property is located at 232 Broadway St E Rockville, MN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Four apartments: two upper‑level units and two lower‑level units; All four units are currently occupied; Two tenants have rented for more than 10 years
