Updated
400 N Jefferson Street, New Ulm, MN 56073
For Sale
New
$200,000
Residential Income, New Ulm, MN
Property Size1,650 SF
Lot Size0.09 Acres
Price / SF$121.21
Days on Market2
Property Features for 400 N Jefferson Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Buildings
Listing Agency:
Keller Williams Preferred Rlty · Keller Williams Realty
Listed By:
Jaxson Witty
(952) 746-9696
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 8:06PM
MLS# 7172043
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.
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Investment Insights
Based on property information with market context.
The 1,650-square-foot triplex contains three one-bedroom, one-bathroom apartments and a full basement used for maintenance storage. All three units are occupied. Unit 1 received a comprehensive remodel in 2019, including electrical, plumbing, insulation, windows, cabinetry, flooring, blinds and in-unit laundry. Unit 2 was refreshed in 2022 with new carpet and kitchen work; Unit 3 is an upstairs apartment described as well maintained.
Exterior improvements include a concrete driveway installed in 2024, along with a sidewalk, front steps and porch completed in 2026. The property occupies a 0.0947-acre parcel in New Ulm, Minnesota.
Exterior improvements include a concrete driveway installed in 2024, along with a sidewalk, front steps and porch completed in 2026. The property occupies a 0.0947-acre parcel in New Ulm, Minnesota.
Key Highlights
- Three occupied 1‑bedroom, 1‑bathroom apartments
- 1,650‑square‑foot building on a 0.0947‑acre parcel
- Unit 1 remodel completed in 2019; includes in‑unit laundry
Property Analytics
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Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
646
Businesses Nearby
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Business Placement
Demographics for 56073, MN
17,275
Population
7,629
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
200.6 sq mi
ZIP Area
86
Density / Sq Mi
$69,698
Median Household Income
$43,643
Median Earnings
$978
Median Rent
$207,600
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Triplex - Three occupied one-bedroom apartments include unit-specific renovations, with in-unit laundry in one residence.
Where is this triplex located?
The property is located at 400 N Jefferson Street New Ulm, 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: Three occupied 1‑bedroom, 1‑bathroom apartments; 1,650‑square‑foot building on a 0.0947‑acre parcel; Unit 1 remodel completed in 2019; includes in‑unit laundry
