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Remodeled 4-Unit Quadplex
New
For Sale
$395,000

820 S Minnesota Ave, Saint Peter, MN 56082

City-licensed four-unit property with off-street parking and a three-stall garage.

Property Size2,533 SF
Price / SF$155.94
Days on Market2

Property Features for 820 S Minnesota Ave

General Information

Standard status Active
Size 2,533 SF
Property subtype Multi-Family

Additional Details

Road Access Yes
Multifamily Units 4

Building Details

Year Built 1880
Listing Agency: Keller Williams Premier Realty
Listed By: Lanier Pratt · License #40695134
Source: Homesminn
Added: Sep 7 Last Checked: Sep 7 at 7:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Premier Realty

Investment Insights

Based on property information with market context.

This 4-unit property contains 7 bedrooms and 4 baths, with 2,533 in reported property size. Remodeling completed after acquisition included exterior stucco repair, new paint, and some flooring updates. The property is licensed through the city and has remained continuously rented, with tenants responsible for their own electricity.

Positioned at the corner of S. Minnesota Ave. and W. College Ave. in Saint Peter, the property includes a large gravel parking area and a 3-stall garage for off-street parking. The address is 820 S Minnesota Ave.

Key Highlights

  • 4‑unit property with 7 bedrooms and 4 baths
  • 2,533 reported property size
  • City‑licensed property with continuous rental history

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Pharmacy Bakery Computer & Electronic Repair Auto Parts Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

588
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - City-licensed four-unit property with off-street parking and a three-stall garage.
Where is this quadplex located?
The property is located at 820 S Minnesota Ave Saint Peter, MN.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 4‑unit property with 7 bedrooms and 4 baths; 2,533 reported property size; City‑licensed property with continuous rental history
More about this property
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