New Prague, MN Multifamily properties for sale

Updated: Mar 3

Duplex with Detached Garages

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

$400,000

2,534 sqft 0.30 AC lot

2,534‑square‑foot duplex on a 0.3‑acre lot
Separate electric, gas, and water meters for each unit
Unit 314: 3 bedrooms, 1 bathroom, and a 20 x 22 detached 2‑car garage
Unit 316: 3 bedrooms, 2 bathrooms, two family rooms, and an 18 x 30 garage
Both units include forced‑air furnaces with AC and privacy‑fenced patios

View details

This listing looks promising.

Here's a quick look at some key insights for

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

View Property Analytics

Est. Cap Rate

8.5%
Above avg (5.9%)
Est. NOI

$34K
Annual
Price @ 7% Cap

$486K
Above asking
Property Type

Townhouse
Built 1956

View Property Analytics

Based on your search, we've compiled 6 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

Opportunities in Nearby Cities

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

Two-Story Duplex with Garage

239 3rd Ave W, Shakopee, MN 55379

$269,900

1,656 sqft

Two separately entered one-bedroom units feature stucco exteriors, newer windows, and a newer roof.

View details

Duplex with Separate Utilities and Garage

221 Bridge Street, Le Sueur, MN 55148

$149,900

1,645 sqft 0.09 AC lot

Two one-bedroom, one-bath units with separate utilities, garage, and off-street parking.

View details

Two-Unit Duplex With River Views

408 Main Street, Le Sueur, MN 56058

$299,900

0.35 AC lot

Separate laundry areas and outdoor decks provide practical amenities for both units.

View details

Mobile Home Park Community

12665 Dem Con Dr, Shakopee, MN 55379

Contact for pricing

Mobile home park operating at 100% occupancy with private well water and an aeration sewer system.

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.

APARTMENT HOUSE (UNDER 5 UNITS)

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

$280,000

Estimated value

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 average $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.

Neighborhood	Average Price
56071	$492.5K

Neighborhood

Average Price

56071

$492.5K

New Prague, MN Multifamily Properties for Sale

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