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    New Prague, MN
    Multifamily

    New Prague, MN Multifamily Properties for Sale

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    Le Sueur, MN Webster, MN Montgomery, MN
    Duplex with Private Meters
    Updated: Mar 3
    Duplex with Private Meters

    314 and 316 Pershing Ave N, New Prague, MN 56071

    $400,000
    2,534 sqft · 0.30 AC lot
    Duplex with separate electric, gas, and water meters for each unit
    Both units have forced‑air heating with AC
    Unit 314: 3 bed, 1 bath with a 2‑car 20 x 22 detached garage with alley access
    Unit 316: 3 bedrooms, 2 baths, 2 family rooms, plus an 18 x 30 garage with a driveway
    Each unit has a patio with privacy fence; units share the common ground
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in New Prague, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Licensed Duplex with Flexible Layout
    Licensed Duplex with Flexible Layout

    St Peter, MN 56082

    $299,900
    2,098 sqft · 0.25 AC lot

    Licensed 6-bedroom duplex with hardwood floors, arched windows, and configuration flexibility for multiple living arrangements.

    View details
    St. Peter Victorian 4-Plex
    St. Peter Victorian 4-Plex

    St Peter, MN 56082

    $389,000
    3,008 sqft · 0.25 AC lot

    Historic 4-plex near downtown St. Peter and Gustavus College.

    View details
    Premier Townhome Community Investment Opportunity
    Premier Townhome Community Investment Opportunity

    8254 Windsong Dr, Eden Prairie, MN 55344

    Contact for pricing
    72,800 sqft · 9.50 AC lot

    Seventeen townhome buildings in Eden Prairie, Minnesota, offered as portfolio.

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    Eden Prairie Townhome Community
    Eden Prairie Townhome Community

    8254 Windsong Dr, Eden Prairie, MN 55344

    Contact for pricing
    82,500 sqft

    Seventeen townhome buildings in a desirable Eden Prairie neighborhood.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Land Off Freeway
    Development Land Off Freeway

    101 Morris Avenue, Hinckley, MN 55037

    $799,000
    9.20 AC lot

    Multi-purpose acreage near the freeway offers flexibility for a range of development concepts.

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    Lakeshore Recreation Land Parcel
    Lakeshore Recreation Land Parcel

    Tripp, Fulda, MN 56131

    $124,900
    9.30 AC lot

    Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

    View details
    Aitkin Lots & Land
    Aitkin Lots & Land

    L 3&4 B3 London Town, Aitkin, MN 56431

    Contact for pricing
    0.14 AC lot

    Double lot in Sherwood Forest with shared amenities.

    View details
    Land for Multi-Family Housing
    Land for Multi-Family Housing

    1610 7th Avenue E, Alexandria, MN 56308

    $249,900
    2.16 AC lot

    2.16 acre lot zoned for multi-family housing development.

    View details

    Off-Market Properties in New Prague, MN

    Consider similar Off-Market properties in New Prague, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    606 1st NE St
    APARTMENT HOUSE (UNDER 5 UNITS)

    606 1st NE St, New Prague, MN 56071-2206

    Value Estimation by Request
    1,716 sqft · 0.18 AC lot
    View details

    New Prague, MN Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in New Prague, MN on our real estate platform. These investment opportunities span a total of 2,534 square feet of properties for sale, with an estimated market value of $400,000.

    Sale prices for multifamily properties in New Prague, MN start at $400,000, averaging $400,000, and reaching up to $400,000 — 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

    Duplexes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +2.1%
    Median Household Income $109,672
    College Educated 43.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56071 $400K

    Taxes & Financing

    Tax Rate (average for all types) 2.13%
    Property Tax per SF $29.28 per SF
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Scott County

    New Delisted

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