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4-Unit Quadplex

820 S Minnesota Avenue, St Peter, MN 56082

For Sale
$395,000

MULTI-FAMILY, 4-plex, St. Peter, MN

Property SizeContact for details
Lot Size0.31 Acres
Days on Market57

Property Features for 820 S Minnesota Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Basement, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 2
Basement Block
Elementary school district St. Peter #508
Middle school district St. Peter #508
High school district St. Peter #508
Directions Travel North on Hwy 169 to Saint Peter. Continue to travel North to W. College Ave and turn left. The property will be on the corner of Hwy 169 and W. College Ave.
Subdivision ST. PETER/KASOTA/CLEVELAND
Standard status Active
APN 194124550
Lot size 0.31 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Description Block 183 Lot W 12' OF N 30' & S 102' LOT 4 & S 5' OF N 66' & S 66' LOTS 5 & 6 SubdivisionCd 19412 SubdivisionName AMENDED PLAT
Tax Annual Amount 5676
Legal Description Block 183 Lot W 12' OF N 30' & S 102' LOT 4 & S 5' OF N 66' & S 66' LOTS 5 & 6 SubdivisionCd 19412 SubdivisionName AMENDED PLAT

Building Details

Year built 1880
Floors in Building 2
Number of units 4
Architectural style Other
Listing Agency: Keller Williams Premier Realty · Keller Williams Realty
Listed By: Lanier Pratt · License MN #40695134
Added: Sep 18 Changed: Oct 28 Last Checked: Nov 13 at 8:06PM
MLS# 267041516

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.

Rey
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Investment Insights

Based on property information with market context.

This four-unit residential property contains 7 bedrooms and 4 bathrooms and was built in 1880. Work completed since the current ownership began includes exterior stucco repairs, fresh paint, and updates to some flooring. The property is licensed by the city and has a history of continuous rental use.

The 0.31-acre parcel is at the corner of S. Minnesota Avenue and W. College Avenue in St. Peter. Parking is provided by a gravel lot and a 3-stall garage. Tenants are responsible for their own electricity.

Key Highlights

  • Four‑unit property with 7 bedrooms and 4 bathrooms
  • 0.31‑acre parcel at S. Minnesota Avenue and W. College Avenue
  • Parking includes a gravel lot and a 3‑stall garage

Property Analytics

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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
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 - City licensing, established rental history, and on-site parking serve this residential income property.
Where is this quadplex located?
The property is located at 820 S Minnesota Avenue St 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: Four‑unit property with 7 bedrooms and 4 bathrooms; 0.31‑acre parcel at S. Minnesota Avenue and W. College Avenue; Parking includes a gravel lot and a 3‑stall garage
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