309 5th Avenue Nw, New Prague, MN 56071

Local realty services provided by:ERA Viking Realty
309 5th Avenue Nw,New Prague, MN 56071
$649,900
  • 8 Beds
  • 4 Baths
  • 3,876 sq. ft.
  • Multi-family
  • Active
Listed by: shane m. weidall
Office: south metro realty
MLS#:7087349
Source:NSMLS

Price summary

  • Price:$649,900
  • Price per sq. ft.:$167.67

About this home

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!

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Home facts

  • Year built:1976
  • Listing ID #:7087349
  • Added:5 day(s) ago
  • Updated:June 10, 2026 at 02:43 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Basement:Yes
  • Living area:3,876 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1976
  • Building area:3,876 sq. ft.
  • Lot area:0.39 Acres
  • Lot Features:Corner Lot, Tree Coverage - Light
  • Exterior Features:Deck, Patio
  • Levels:Bi/Split Level

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$649,900
  • Price per sq. ft.:$167.67
  • Tax amount:$5,580 (2026)

Parking

  • Parking description:Gravel, Parking Lot
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.