Triplex with Updated
400 N Jefferson Street, New Ulm, MN 56073
For Sale
New
$200,000
MULTI-FAMILY, Triplex, New Ulm, MN
Property SizeContact for details
Lot Size0.09 Acres
Days on Market2
Property Features for 400 N Jefferson Street
General Information
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Bedrooms
Bathrooms
Full bathrooms
Rooms
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Subdivision
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Lot size
Additional Details
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Building Details
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Number of units
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Listing Agency:
Keller Williams Preferred Realty · Keller Williams Realty
(952) 746-9696
Listed By:
Jaxson Witty
(507) 382-4371
Added: Nov 12
Last Checked: Nov 13 at 8:06PM
MLS# 267041989
Copyright © 2026 Realtor Association of Southern Minnesota. 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
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This 1900-built triplex contains three one-bedroom, one-bathroom apartments and a full basement currently used to store building maintenance supplies. Forced-air heating serves the property. The lot measures 0.09 acres.
Unit 1 received a comprehensive remodel in 2019, including electrical, plumbing, insulation, windows, blinds, cabinetry, flooring, and in-unit laundry. Unit 2 was refreshed in 2022 with new carpet throughout and kitchen improvements. Unit 3 is an upstairs apartment. Exterior work includes a concrete driveway installed in 2024 and a sidewalk, front steps, and porch completed in 2026. All three units are occupied.
Unit 1 received a comprehensive remodel in 2019, including electrical, plumbing, insulation, windows, blinds, cabinetry, flooring, and in-unit laundry. Unit 2 was refreshed in 2022 with new carpet throughout and kitchen improvements. Unit 3 is an upstairs apartment. Exterior work includes a concrete driveway installed in 2024 and a sidewalk, front steps, and porch completed in 2026. All three units are occupied.
Key Highlights
- Three one‑bedroom, one‑bathroom apartments; all units are occupied
- Full basement used for building maintenance storage
- Unit 1 remodel in 2019 included electrical, plumbing, insulation, windows, cabinetry, flooring, blinds, and 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
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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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Frequently Asked Questions
What type of property is this?
Triplex - All three apartments are occupied, with a full basement used for building maintenance storage.
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 one‑bedroom, one‑bathroom apartments; all units are occupied; Full basement used for building maintenance storage; Unit 1 remodel in 2019 included electrical, plumbing, insulation, windows, cabinetry, flooring, blinds, and in‑unit laundry
