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Multifamily Property with Walk-Out Access
For Sale
$334,900
Pending

255 6th Avenue NE, Hutchinson, MN 55350

Finished daylight space and natural-gas baseboard heat are among the building’s interior features.

Property Size3,840 SF
Days on Market40

Property Features for 255 6th Avenue NE

General Information

Standard status Pending
Size 3,840 SF
Property subtype Residential Income
Zoning Residential-Multi-Family

Taxes and HOA fees

Annual Taxes $4,830

Amenities

Coin Laundry
Natural Gas, Baseboard
Walk-Out Access, Finished, Full, Daylight
Gravel, Open

Building Details

Building Size 3,840 SF
Year Built 1960
Listing Agency: Hometown Realty Inc.
Listed By: Traci M Atkinson
Source: Evrealestate
Added: Aug 20 Changed: Sep 26 Last Checked: Sep 26 at 3:30PM

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 Hometown Realty Inc.

Investment Insights

Based on property information with market context.

This multifamily property contains 3,840 square feet and was built in 1960. Interior features include natural-gas baseboard heat and a finished full daylight area with walk-out access. The exterior includes open gravel space, and the property is zoned Residential-Multi-Family.

The property is at 255 6th Avenue NE in Hutchinson, Minnesota. The stated route is from Hwy 7 north on Bluff Street NE, then west on 6th Avenue NE.

Key Highlights

  • 3,840‑square‑foot multifamily property
  • Residential‑Multi‑Family zoning
  • Built in 1960

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Storage Facility (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

521
Businesses Nearby

Demographics for 55350, MN

18,669
Population
8,276
Households
2.3
Avg Household Size
42
Median Age
26%
College-Educated
96%
High-School Grad
159.9 sq mi
ZIP Area
117
Density / Sq Mi
$78,663
Median Household Income
$46,775
Median Earnings
$934
Median Rent
$238,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Finished daylight space and natural-gas baseboard heat are among the building’s interior features.
Where is this multifamily property located?
The property is located at 255 6th Avenue NE Hutchinson, MN.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: 3,840‑square‑foot multifamily property; Residential‑Multi‑Family zoning; Built in 1960
More about this property
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