Residential Income

New Ulm, MN Residential Income Properties for Sale

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Updated Triplex
Updated: Nov 12
Updated Triplex

400 N Jefferson Street, New Ulm, MN 56073

$200,000
1,650 sqft 0.09 AC lot
Three occupied 1‑bedroom, 1‑bathroom apartments
1,650‑square‑foot building on a 0.0947‑acre parcel
Unit 1 remodel completed in 2019; includes in‑unit laundry
Unit 2 received new carpet and kitchen updates in 2022
Full basement used for building maintenance storage
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Triplex with Updated Units
Updated: Nov 12
Triplex with Updated Units

400 N Jefferson Street, New Ulm, MN 56073

$200,000
0.09 AC lot
Three one‑bedroom, one‑bathroom apartments; all units are occupied
Full basement used for building maintenance storage
Unit 1 remodel in 2019 included electrical, plumbing, insulation, windows, cabinetry, flooring, blinds, and in‑unit laundry
Unit 2 refreshed in 2022 with new carpet throughout and kitchen improvements
Concrete driveway installed in 2024; sidewalk, front steps, and porch completed in 2026
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2 active listings match your search: Residential Income for sale in New Ulm, MN. Based on your search, we've also compiled 10 Potential Opportunities for your consideration: 4 properties in nearby cities, 2 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Renovated Side-by-Side Duplex
Renovated Side-by-Side Duplex

2230-2228 W Dream Drive, North Mankato, MN 56003

$675,000
4,040 sqft 1.00 AC lot

Both residences span three levels and include walkout lower levels, attached garages, and maintenance-free decks.

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Seven-Bedroom Duplex
Seven-Bedroom Duplex

802 Le Hillier Street, Mankato, MN 56001

$249,900
2,550 sqft 0.22 AC lot

Separate entrances serve two units, each with its own bedroom and bath configuration.

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Campground With On-Site Residence
Campground With On-Site Residence

41392 520th St, North Mankato, MN 56003

$1,800,000

Outdoor hospitality property with RV and tent sites, cabins, guest amenities, and an owner residence.

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Duplex with Private Entrances
Duplex with Private Entrances

802 LeHiller Street, Mankato, MN 56001

$249,900
0.22 AC lot

The larger residence includes dedicated laundry space, and both homes have their own entrances.

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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 Land in Lake Crystal
Residential Land in Lake Crystal

Edgewater Road, Lake Crystal, MN 56055

$88,000
3.30 AC lot

3.3 acre residential land for sale in Lake Crystal, MN.

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Residential Land Overlooking Titlow Lake
Residential Land Overlooking Titlow Lake

47661 259th Lane, Gaylord, MN 55334

$52,000
2.05 AC lot

2+ acre lot with lake views near Twin Cities.

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Residential Land Overlooking Titlow Lake
Residential Land Overlooking Titlow Lake

47670 259th Lane, Gaylord, MN 55334

$52,000
2.16 AC lot

2+ acre residential lot with lake views near Twin Cities.

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Overlooking Titlow Lake Land
Overlooking Titlow Lake Land

47636 259th Lane, Gaylord, MN 55334

$52,000
2.00 AC lot

2+ acre lot with lake views near Twin Cities.

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Off-Market Properties in New Ulm, MN

Consider similar Off-Market properties in New Ulm, 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.

300 Broadway St
HIGH-RISE APARTMENTS

300 Broadway St, New Ulm, MN 56073-1755

Estimated value:
$310,000
6,127 sqft
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New Ulm, MN 56073
MOBILE HOME PARK, TRAILER PARK

New Ulm, MN 56073

Estimated value:
$240,000
7.02 AC lot
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New Ulm, MN Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in New Ulm, MN on our real estate platform. These investment opportunities span a total of 1,650 square feet of properties for sale, with an estimated market value of $400,000.

Sale prices for residential investment properties in New Ulm, MN average $200,000 — 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

Multifamily properties 2
Triplexes 2

Demographics Overview

Population 17K
Population Growth (5Y) +4.5%
Median Household Income $69,698
College Educated 36.2%

Taxes & Financing

Tax Rate (average for all types) 2.25%
Property Tax per SF $10.30 per SF
Tax Rate vs County Average 0.08 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Brown County

New Delisted

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