309 5th Avenue NW New Prague, MN $ 649,900
309 5th Avenue NW
$ 649,900
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309 5th Avenue NW

New Prague, MN, 56071
$ 649,900
Bedrooms6 Baths3.0 Sq 3,876

Monthly Estimate*

$ 4,489

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Multi-Family Home for sale in New Prague, MN

for $649,900 with 6 bedrooms and 3 full baths. This 3,876 square foot home was built in 1976 on a lot size of 0.39.

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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Multi-Family Active

Price

$ 649,900

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,580

Style

Fourplex

Lot Size

0.39

Year Built

1976

Town/City

New Prague

County/Region

Scott

MLS | Web ID

7087349

Features
General
Living Area 3876
Sewer City Sewer/Connected
Heating Baseboard
Garage Spaces 0
Year Built 1976
Tenant Pays Cable TV Electricity
Levels Split Entry (Bi-Level)
Property Subtype Fourplex
Tax Year 2026
Gross Income 53400
Accessibility None
County Scott
Operating Expense 3510
Insurance Expense 3000
New Construction N
Property Type Residential Income
Association Amenities Deck Patio
Contingency None
MaintenanceExpense 0
Subdivision Name Bohnsacks Add
Directions Hwy 19 W to 5th Ave Nw N to Property
City New Prague
High School District New Prague Area Schools
Zoning Description Residential-Multi-Family
Number Of Units Total 4
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5580
Electric Expense 0
Fuel Expense 0
Trash Expense 60
Water Sewer Expense 450
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement None
Basement (Y/N) N
Above Grade Finished Area 3876
Laundry Features Laundry Room In Unit
Total Bedrooms 8
Below Grade Finished Area 0
Total Baths 4
Fuel Electric
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Exterior
Parking Features Gravel Parking Lot
Lot Features Corner Lot Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.39
Building Area Total 3876
Lot Dimensions 113x150
Waterfront Y/N N
Foundation Area 1938
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Internal Only
Street Number 1 309
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* Excluded Features
List By
South Metro Realty

Broker

sweidall@southmetromn.com

Email

Affordability Calculator

$4,954
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$465
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
709012 Elementary School
708575 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$649,900 Listed Price

Map


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309 5th Avenue NW, New Prague, MN, 56071 is a Multi-Family Home for sale at $649,900 with 3,876 sqft and a lot size of 0.39. 309 5th Avenue NW has 6 bedrooms, 3.0 baths, and was built in 1976. The property's zip code is 56071 which is in New Prague, MN