New Prague, MN Residential income 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

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This listing looks promising.

Here's a quick look at some key insights for

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

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Est. Cap Rate

8.5%
Above avg (5.9%)
Est. NOI

$34K
Annual
Price @ 7% Cap

$486K
Above asking
Property Type

Townhouse
Built 1956

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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.

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.

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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.

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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.

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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.

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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 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

18795 300th Street, New Prague, MN 56071

$247,900

Land available in New Prague, Minnesota.

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Agricultural Land With Build-First Option

18795 300th Street, New Prague, MN 56071

$247,900

6.23 AC lot

6.23-acre parcel in Le Sueur County with survey complete, culvert, and driveway entrance for shop-first building.

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2.5 Acres to Build Dream

17976 320th St, Le Sueur, MN 56071

$119,900

2.50 AC lot

2.5 acres in New Prague, build your dream home!

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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.

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

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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 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 Residential Income Properties for Sale

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