Six-Unit Apartment
805 S Cedar Avenue, Owatonna, MN 55060
For Sale
$399,900
Commercial Sale, Owatonna, MN
Property SizeContact for details
Lot Size0.30 Acres
Days on Market95
Property Features for 805 S Cedar Avenue
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Subdivision
High school district
Directions
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Listing Agency:
RE/MAX Advantage Plus · RE/MAX International
Listed By:
Michelle Moen
(952) 226-7700
Added: Aug 10
Changed: Nov 10
Last Checked: Nov 12 at 7:06AM
MLS# 7106242
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This six-unit apartment building in Owatonna occupies a 0.301-acre parcel and dates to 1896. Recent work includes new flooring in many units, fresh interior paint, updated bathrooms, and a newer boiler system. Forced-air heating and a detached garage are also included.
Five of the six residential units are occupied, with efforts underway to fill the remaining unit. Tenants pay electricity, while ownership covers gas and water/sewer expenses. Showings require 24-hour notice.
Five of the six residential units are occupied, with efforts underway to fill the remaining unit. Tenants pay electricity, while ownership covers gas and water/sewer expenses. Showings require 24-hour notice.
Key Highlights
- Six residential units with 5 currently occupied
- 0.301‑acre parcel in Owatonna
- Recent flooring, interior paint, and bathroom updates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
544
Businesses Nearby
Explore this area
Business Placement
Demographics for 55060, MN
29,693
Population
12,631
Households
2.4
Avg Household Size
40
Median Age
31%
College-Educated
94%
High-School Grad
203.4 sq mi
ZIP Area
146
Density / Sq Mi
$83,848
Median Household Income
$49,325
Median Earnings
$1,018
Median Rent
$239,300
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
Frequently Asked Questions
What type of property is this?
Apartment building - Updated interiors, a newer boiler, and a detached garage support this residential income property.
Where is this apartment building located?
The property is located at 805 S Cedar Avenue Owatonna, MN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Six residential units with 5 currently occupied; 0.301‑acre parcel in Owatonna; Recent flooring, interior paint, and bathroom updates
