309 5th Avenue Nw, New Prague, MN
$649,900
8
Beds
4
Baths
3,876
Square feet
0.39
Acres
About 309 5th Avenue Nw
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!
Features of 309 5th Avenue Nw
| MLS® # | 7087349 |
|---|---|
| Price | $649,900 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 3,876 |
| Finished SQFT | 3,876 |
| Acres | 0.39 |
| Year Built | 1976 |
| Type | Single Family |
| Sub-Type | Fourplex |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 309 5th Avenue Nw |
|---|---|
| Subdivision | Bohnsacks Add |
| City | New Prague |
| County | Scott |
| State | MN |
| Zip Code | 56071 |
Amenities
| Amenities | Deck, Patio |
|---|---|
| Parking | Gravel, Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard |
|---|---|
| Fireplace | No |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior Features | Vinyl |
|---|---|
| Lot Description | Corner Lot, Tree Coverage - Light |
School Information
| District | New Prague Area Schools |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $5,580 |
| Tax Year | 2026 |
| Office | South Metro Realty |
Listing Details
| Office | South Metro Realty |
|---|