Residential Income

New Prague, MN Residential Income 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
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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.

Historic 4-Plex Residential Income
Historic 4-Plex Residential Income

804 S 4th Street, Saint Peter, MN 56082

$389,000
3,008 sqft · 0.25 AC lot

Well-maintained four-unit property features recent exterior and mechanical updates plus coin-operated laundry.

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Street Retail and Upper-Floor Apartments
Street Retail and Upper-Floor Apartments

201-205 S Minnesota Ave, Saint Peter, MN 56082

$995,000
6,240 sqft

Multi-tenant street retail with prominent glazing and on-site parking, plus four upper-floor apartments for added income.

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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.

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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.

Residential Lot Near Highway 13/21
Residential Lot Near Highway 13/21

1XX Ridge Drive SW, New Prague, MN 56071

$74,000
0.74 AC lot

Level residential lot near Highway 13/21 in New Prague, MN.

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Residential Lot in Established Neighborhood
Residential Lot in Established Neighborhood

2XX Ridge Drive SW, New Prague, MN 56071

$84,000
0.90 AC lot

Spacious level lot near Highway 13/21 in New Prague, MN.

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Land For Sale in New Prague
Land For Sale in New Prague

18795 300th Street, New Prague, MN 56071

$247,900

Land available in New Prague, Minnesota.

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Ready-to-Build Open Farmland
Ready-to-Build Open Farmland

18795 300th Street, New Prague, MN 56071

$247,900
6.23 AC lot

6.23-acre open lot with survey and entrance work completed for flexible home or barn-dominium planning.

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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
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New Prague, MN Residential Income Properties Market Trends and Statistics

Explore 2 residential income 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 residential income 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
Multifamily properties 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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