Triplex

New Ulm, MN Triplexes 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: Triplexes for sale in New Ulm, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Three-Unit Triplex with Private Entrances
Three-Unit Triplex with Private Entrances

130 Webster Street S, Kasota, MN 56050

$500,000
3,746 sqft 0.19 AC lot

All three residences are occupied and have separate outdoor areas.

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Triplex with Private Deck
Triplex with Private Deck

4333 Beard Avenue S, Minneapolis, MN 55410

$725,000
3,430 sqft 0.18 AC lot

Two two-bedroom apartments and an open studio provide three distinct residential layouts.

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Triplex with Attached Garage
Triplex with Attached Garage

3412 Humboldt Avenue S, Minneapolis, MN 55408

$849,900
5,195 sqft 0.12 AC lot

Hardwood floors, an attached garage, and a non-conforming additional unit complement the residential layout.

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Occupied Triplex
Occupied Triplex

130 S Webster Street, Kasota, MN 56050

$500,000
0.19 AC lot

Three residences provide separate entrances, private outdoor areas, and varied bedroom layouts.

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New Ulm, MN Triplexes Market Trends and Statistics

Explore 2 triplexes 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 three-family homes 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

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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