Brick Apartment
New
For Sale
$1,900,000
500 Boright Street, Le Sueur, MN 56058
Commercial Sale, Le Sueur, MN
Property SizeContact for details
Lot Size1.14 Acres
Days on Market4
Property Features for 500 Boright Street
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning description
Residential-Multi-Family
Parking features
Garage - Detached, Parking Lot
Subdivision
Quack & Bor Add
High school district
LeSueur-Henderson
Directions
Hwy 169 to Le Sueur, then follow GPS to 500 Boright St.
Standard status
Active
APN
216100020
Lot size
1.14 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
21082
Utilities
Heating system
Hot Water(Heating)
Cooling system
Wall Unit(s)
Amenities
air conditioning
on-site laundry
Building Details
Year built
1969
Building materials
Brick
Roof type
Flat
Buildings
1
Listing Agency:
RE/MAX Advantage Plus · RE/MAX International
(952) 470-7600
Listed By:
Dan Frank
(952) 226-7700
Added: Oct 27
Changed: Oct 28
Last Checked: Oct 30 at 12:06PM
MLS# 7165470
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.
This 23-unit apartment property in Le Sueur occupies 1.14 acres and was built in 1969. The three-story brick building contains eleven one-bedroom apartments and twelve two-bedroom apartments, each with air conditioning. Heat is included, while residents pay for electricity and internet. On-site amenities include laundry, rentable storage, off-street parking and a detached 12-stall garage built in 2017; the garage is rented to residents. The property is 100% occupied.
Work completed in 2025 included boiler tune-ups, a water heater and laundry washers, along with shrub removal and park replacement. In 2026, entrance awnings and lighting were added, and the parking lot was patched and restriped. The property is on Boright Street along the U.S. Highway 169 corridor, between the Twin Cities and Mankato, with St. Peter and Belle Plaine about 10 minutes away.
Work completed in 2025 included boiler tune-ups, a water heater and laundry washers, along with shrub removal and park replacement. In 2026, entrance awnings and lighting were added, and the parking lot was patched and restriped. The property is on Boright Street along the U.S. Highway 169 corridor, between the Twin Cities and Mankato, with St. Peter and Belle Plaine about 10 minutes away.
Key Highlights
- 23 apartments: eleven one‑bedroom units and twelve two‑bedroom units
- Three‑story brick building on 1.14 acres; built in 1969
- Detached 12‑stall garage built in 2017, rented to residents
Property Analytics
Who owns this building?
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Lease Details
23
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
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Business Placement
Demographics for 56058, MN
6,066
Population
2,759
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
94%
High-School Grad
126.7 sq mi
ZIP Area
48
Density / Sq Mi
$82,500
Median Household Income
$47,619
Median Earnings
$881
Median Rent
$259,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Residents have access to on-site laundry, rentable storage and off-street parking.
Where is this apartment building located?
The property is located at 500 Boright Street Le Sueur, MN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 23 apartments: eleven one‑bedroom units and twelve two‑bedroom units; Three‑story brick building on 1.14 acres; built in 1969; Detached 12‑stall garage built in 2017, rented to residents
