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MLS: #7087349, Listed By: Shane Weidall, South Metro Realty, Source:FargoMoorhead Area Association of REALTORS

309 5th Avenue

New Prague, MN 56071

$649,900 $2,740/Mo

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Overview

Bed

Bath

3,876

Sqft

0.39

Acre(Lot)

Description

Excellent investment opportunity in New Prague! This well-maintained 4-plex features four 2-bedroom, 1-bath units with strong rental history and recently renewed one-year leases, providing immediate and stable cash flow for the new owner. Each unit offers its own laundry room, deck or patio, and separately metered utilities. Major updates include newer roof, siding, and windows, helping minimize future maintenance expenses. The property also features a large parking lot and attractive outdoor living spaces for tenants. Whether you're a seasoned investor or looking to add your first multifamily property to your portfolio, this turnkey investment offers reliable income and long-term potential in the growing New Prague market. Schedule your showing today!

Property Details

Property Type : Residential Income

Price : $649,900

AD Id : 80075236

MLS Id : 7087349

Beds : 8

Lot Size : 0.39 Acre

Living Area Size : 3,876

Year Built : 1976

County : Scott

Subdivision: None Available

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Total Baths: 4

Room Information

Basement: None
Heating & Cooling

Has Heating: Yes Heating: Baseboard

Building Information

Year Built: 1976 Building Area Total: 3876 Patio And Porch Features: Side Porch Private Pool: No

Lot Information

Lot Dimensions: 113x150 Main Square Feet: 0.39 Acres Lot Size Acres: 0.39 Lot Size Square Feet: 16988.4 Lot Description: Corner Lot

Property Information

Subdivision: Bohnsacks Add Source Property Type: Residential Income Property SubType: Quadruplex Property Age: 50

Listing Price Information

Listing Price: $649900 Cash, Conventional

Tax Information

Parcel Number: 240050210 Annual Tax: $5580

Parking Information

Gravel, Parking Lot

Location Information

Direction: Hwy 19 W to 5th Ave Nw N to Property WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
314 AND 316 Pershing Av.., New Prague, MN, 56071	$425,000	6	2	2,534	2,534 SqFt

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ByOwner last updated this listing 06/10/2026 @ 19:39

MLS: 7087349 LISTED BY: Shane Weidall, South Metro Realty 612-812-8362 SOURCE: FargoMoorhead Area Association of REALTORS