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MLS# NST6820873 - 209 S Minnesota Street New Ulm, MN 56073

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Keller Williams Premier Realty is the brokerage office representing the seller for this listing.

Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.

The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Lakeshore Properties, LLC is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Lakeshore Properties, LLC, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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This 12-unit apartment building offers both immediate income and strong value-add potential. Six units are currently leased, providing in-place revenue.\nOf the remaining six units, three need only minor updates to become rent-ready, one unit has been fully gutted and is ready for a complete build-out, and two require more extensive repairs. Located in a convenient downtown setting close to amenities, this property offers long-term rental demand and solid upside for an investor ready to complete the renovations.\nPriced to reflect the work needed, this property is an ideal value-add opportunity.","NST_RangeNum":"One Per Unit","NST_RentalLicenseType":"Standard","NST_RentalLicenseYN":"Yes","RoadResponsibility":"Public Maintained Road","Roof":"Age Over 8 Years,Flat","Inclusions":"Building,Leases","HighSchoolDistrict":"New Ulm","NST_SchoolDistrictNumber":"88","NST_SchoolDistrictPhone":"507-359-8401","Sewer":"City Sewer/Connected","BuildingAreaTotal":"11000","StateOrProvince":"MN","StandardStatus":"Active","Levels":"Two","StreetDirPrefix":"S","StreetName":"Minnesota","StreetNumber":"209","StreetNumberNumeric":"209","StreetSuffix":"Street","SubdivisionName":"South Of Center","NST_TaxWithAssessments":"6534.0000","TaxYear":"2025","TaxAnnualAmount":"6054","TenantPays":"Electricity","NumberOfUnitsTotal":"12","Utilities":"Electric Separate,Heating Common,Hot Water Separate","WaterSource":"City Water/Connected","YearBuilt":"1947","ZoningDescription":"Business/Commercial","ModificationTimestamp":"2025-11-21T21:47:04.022Z","PhotosChangeTimestamp":"2025-11-21T21:47:04.022Z","OriginatingSystemName":"northstar","Media":"[{\"ResourceRecordKey\":\"NST7830081\",\"Order\":1,\"MediaObjectID\":\"1\",\"ImageWidth\":2080,\"ImageHeight\":1396,\"ImageSizeDescription\":\"2080x1396\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7830081/0a655cb4-7900-459c-865a-bb7adea1f693.jpeg\",\"MediaModificationTimestamp\":\"2025-11-21T21:46:48.15Z\",\"MediaKey\":\"6920ddc80f680a68d7df95d9\"},{\"ResourceRecordKey\":\"NST7830081\",\"Order\":2,\"MediaObjectID\":\"2\",\"ImageWidth\":2080,\"ImageHeight\":1912,\"ImageSizeDescription\":\"2080x1912\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7830081/9dfa7b69-149e-462f-b492-00881cce9474.jpeg\",\"MediaModificationTimestamp\":\"2025-11-21T21:46:48.188Z\",\"MediaKey\":\"6920ddc80f680a68d7df95da\"},{\"ResourceRecordKey\":\"NST7830081\",\"Order\":3,\"MediaObjectID\":\"3\",\"ImageWidth\":2080,\"ImageHeight\":1560,\"ImageSizeDescription\":\"2080x1560\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7830081/04eada7d-93f3-4df6-8ffe-9cf88ea5c680.jpeg\",\"MediaModificationTimestamp\":\"2025-11-21T21:46:48.135Z\",\"MediaKey\":\"6920ddc80f680a68d7df95db\"},{\"ResourceRecordKey\":\"NST7830081\",\"Order\":4,\"MediaObjectID\":\"4\",\"ImageWidth\":2080,\"ImageHeight\":1560,\"ImageSizeDescription\":\"2080x1560\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7830081/c4c8470b-e4bc-485a-b034-37160f5697e7.jpeg\",\"MediaModificationTimestamp\":\"2025-11-21T21:46:48.143Z\",\"MediaKey\":\"6920ddc80f680a68d7df95dc\"},{\"ResourceRecordKey\":\"NST7830081\",\"Order\":5,\"MediaObjectID\":\"5\",\"ImageWidth\":2080,\"ImageHeight\":1560,\"ImageSizeDescription\":\"2080x1560\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7830081/70e7abce-272b-49ca-a22e-314748d9e837.jpeg\",\"MediaModificationTimestamp\":\"2025-11-21T21:46:48.158Z\",\"MediaKey\":\"6920ddc80f680a68d7df95dd\"},{\"ResourceRecordKey\":\"NST7830081\",\"Order\":6,\"MediaObjectID\":\"6\",\"ImageWidth\":2080,\"ImageHeight\":1560,\"ImageSizeDescription\":\"2080x1560\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7830081/231e8b89-58e1-489a-b1b7-102cf7d88e17.jpeg\",\"MediaModificationTimestamp\":\"2025-11-21T21:46:48.135Z\",\"MediaKey\":\"6920ddc80f680a68d7df95de\"},{\"ResourceRecordKey\":\"NST7830081\",\"Order\":7,\"MediaObjectID\":\"7\",\"ImageWidth\":2080,\"ImageHeight\":1560,\"ImageSizeDescription\":\"2080x1560\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7830081/1f55b713-4df0-43eb-b03a-fcae1ad65fb7.jpeg\",\"MediaModificationTimestamp\":\"2025-11-21T21:46:48.136Z\",\"MediaKey\":\"6920ddc80f680a68d7df95df\"},{\"ResourceRecordKey\":\"NST7830081\",\"Order\":8,\"MediaObjectID\":\"8\",\"ImageWidth\":1560,\"ImageHeight\":2080,\"ImageSizeDescription\":\"1560x2080\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7830081/f0455f10-2027-45fa-bf8a-7af6558ba30e.jpeg\",\"MediaModificationTimestamp\":\"2025-11-21T21:46:48.138Z\",\"MediaKey\":\"6920ddc80f680a68d7df95e0\"},{\"ResourceRecordKey\":\"NST7830081\",\"Order\":9,\"MediaObjectID\":\"9\",\"ImageWidth\":1560,\"ImageHeight\":2080,\"ImageSizeDescription\":\"1560x2080\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7830081/615bd3c6-7399-46ab-ba8b-d69cf0e5600b.jpeg\",\"MediaModificationTimestamp\":\"2025-11-21T21:46:48.171Z\",\"MediaKey\":\"6920ddc80f680a68d7df95e1\"},{\"ResourceRecordKey\":\"NST7830081\",\"Order\":10,\"MediaObjectID\":\"10\",\"ImageWidth\":1536,\"ImageHeight\":1596,\"ImageSizeDescription\":\"1536x1596\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7830081/eb9f0225-6852-48b7-98c1-edf2ebadd411.jpeg\",\"MediaModificationTimestamp\":\"2025-11-21T21:46:48.135Z\",\"MediaKey\":\"6920ddc80f680a68d7df95e2\"},{\"ResourceRecordKey\":\"NST7830081\",\"Order\":11,\"MediaObjectID\":\"11\",\"ImageWidth\":1536,\"ImageHeight\":1256,\"ImageSizeDescription\":\"1536x1256\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7830081/e539b516-facf-4a0e-b801-4aeaaeb8ffe8.jpeg\",\"MediaModificationTimestamp\":\"2025-11-21T21:46:48.132Z\",\"MediaKey\":\"6920ddc80f680a68d7df95e3\"},{\"ResourceRecordKey\":\"NST7830081\",\"Order\":12,\"MediaObjectID\":\"12\",\"ImageWidth\":1536,\"ImageHeight\":1065,\"ImageSizeDescription\":\"1536x1065\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7830081/52cc83af-b6d4-41ca-8891-8d9018477f83.jpeg\",\"MediaModificationTimestamp\":\"2025-11-21T21:46:48.15Z\",\"MediaKey\":\"6920ddc80f680a68d7df95e4\"},{\"ResourceRecordKey\":\"NST7830081\",\"Order\":13,\"MediaObjectID\":\"13\",\"ImageWidth\":2080,\"ImageHeight\":1560,\"ImageSizeDescription\":\"2080x1560\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7830081/91b23b40-55c7-4675-9292-06a68bb22b14.jpeg\",\"MediaModificationTimestamp\":\"2025-11-21T21:46:48.158Z\",\"MediaKey\":\"6920ddc80f680a68d7df95e5\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