Multifamily

Blue Earth, MN Multifamily Properties for Sale

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Winnebago, MN Easton, MN Fairmont, MN Rake, IA Bricelyn, MN Minnesota Lake, MN Amboy, MN Lakota, IA
11-Unit Apartment Building
Updated: Feb 2
11-Unit Apartment Building

905 E 5th Street, Blue Earth, MN 56013

$419,900
0.60 AC lot
11 apartments: two studios, three 1‑bedroom, five 2‑bedroom, and one 3‑bedroom units
9.1 Cap Rate, 5.4 GRM, 10% Cash on Cash 1st year, and 1.25 DSCR
0.6‑acre property at 905 E 5th Street, Blue Earth, MN 56013
Ten units have central air; each unit has a dedicated furnace and individual utility metering
Seller‑owned coin‑operated washer and dryer included; laundry room supports two washers and two dryers
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Value-Add Apartment Opportunity
Updated: May 21
Value-Add Apartment Opportunity

830 Moore St., Blue Earth, MN 56013

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19,200 sqft 0.97 AC lot
Value‑add opportunity with potential for increased value through rent increases and expense management.
Favorable unit mix with a combination of two‑bedroom and one‑bedroom apartments.
Newer water heaters.
On‑site coin laundry.
Ample off‑street parking.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Blue Earth, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lakefront Duplex with Boathouse
Lakefront Duplex with Boathouse

1334 Oak Beach Dr, Fairmont, MN 56031

$399,000
3,862 sqft

Two residential units offer separate garages, flexible living areas, and outdoor spaces overlooking Budd Lake.

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Updated Up/Down Duplex
Updated Up/Down Duplex

310 4th Ave SE, Mapleton, MN 56065

$224,900
2,040 sqft

Two apartments offer separate driveways, central air conditioning, and distinct interior updates.

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Updated Up-and-Down Duplex
Updated Up-and-Down Duplex

310 SE 4th Avenue, Mapleton, MN 56065

$224,900
0.17 AC lot

Two-unit property with separate utilities, individual HVAC systems, and a detached garage in Mapleton.

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City Side Estates Apartments
City Side Estates Apartments

600 Burton Lane, Fairmont, MN 56031

Contact for pricing
36,840 sqft

36-unit apartment complex in Fairmont, MN, with 19 garages.

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Blue Earth, MN Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Blue Earth, MN on our real estate platform. These investment opportunities span a total of 19,200 square feet of properties for sale, with an estimated market value of $419,900.

Sale prices for multifamily properties in Blue Earth, MN average $419,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2

Demographics Overview

Population 4,534
Population Growth (5Y) +6.0%
Median Household Income $64,360
College Educated 33.5%

High-Yield Neighborhoods for Investment

Identify Blue Earth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56013 $419.9K

Taxes & Financing

Tax Rate (average for all types) 2.96%
Property Tax per SF $23.96 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Faribault County

New Delisted

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