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4-Unit Apartment Building
For Sale
$389,000

804 S 4th Street, Saint Peter, MN 56082

Residential Income, Saint Peter, MN

Property Size3,008 SF
Lot Size0.25 Acres
Price / SF$129.32
Days on Market242

Property Features for 804 S 4th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 3, Basement, Bathroom 4, Bedroom 7, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 5, Bathroom 2, Laundry Room, Bedroom 2
Parking features Parking Lot
Patio and Porch features Deck, Porch
Subdivision Amended
Lot features Corner Lot, Tree Coverage - Light
High school district St. Peter
Directions Hwy 22 north from Mankato, right on 169, left on College Street, right on 4th street. Property will be on your left
Standard status Active
APN 194121840
Size 3,008 SF
Lot size 0.25 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5354

Utilities

Heating system Oil

Amenities

coin-operated washer and dryer

Building Details

Year built 1890
Building materials Frame
Roof type Shingle
Buildings 1
Listing Agency: Weichert Realtors, Community Group
Listed By: Richard E Draheim
Added: Mar 2 Changed: Oct 23 Last Checked: Oct 30 at 9:06AM
MLS# 7024459

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.

Built in 1890, this four-unit apartment property contains 3,008 square feet on a 0.253-acre parcel. The building has frame construction, steel siding, a shingle roof, and a basement with coin-operated laundry. Each unit is leased.

Exterior and mechanical updates include a roof installed in November 2023, a chimney and cement cap added in October 2021, and a stainless steel chimney liner installed in May 2021. Appliances were replaced within the past six years; the water heater dates to 2019, and the dryer was replaced in 2023. Aluminum combination storm windows, a parking lot, deck, and porch are also present.

The property is one block from Minnesota Square Park, near Gustavus College, and within walking distance of downtown amenities.

Key Highlights

  • Four‑unit building with 3,008 square feet on 0.253 acres
  • All units are leased
  • New roof installed in November 2023; steel siding on the building

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby

Demographics for 56082, MN

14,507
Population
5,149
Households
2.8
Avg Household Size
34
Median Age
32%
College-Educated
92%
High-School Grad
124.1 sq mi
ZIP Area
117
Density / Sq Mi
$72,332
Median Household Income
$30,904
Median Earnings
$952
Median Rent
$263,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All four residences are leased, and coin-operated laundry is available in the basement.
Where is this quadplex located?
The property is located at 804 S 4th Street Saint Peter, MN.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Four‑unit building with 3,008 square feet on 0.253 acres; All units are leased; New roof installed in November 2023; steel siding on the building
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