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805 S Cedar Avenue Owatonna, MN $ 399,900
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$ 399,900 Get more info
805 S Cedar Avenue
$ 399,900
Back to search
Share Save

805 S Cedar Avenue

Owatonna, MN, 55060
$ 399,900
Bedrooms9 Baths6.0

Monthly Estimate*

$ 2,762

805 S Cedar Avenue, Owatonna, MN 55060 - Image 1
805 S Cedar Avenue, Owatonna, MN 55060 - Image 2
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805 S Cedar Avenue, Owatonna, MN 55060 - Image 4
805 S Cedar Avenue, Owatonna, MN 55060 - Image 5
805 S Cedar Avenue, Owatonna, MN 55060 - Image 6
805 S Cedar Avenue, Owatonna, MN 55060 - Image 7
805 S Cedar Avenue, Owatonna, MN 55060 - Image 8
805 S Cedar Avenue, Owatonna, MN 55060 - Image 9
805 S Cedar Avenue, Owatonna, MN 55060 - Image 10
805 S Cedar Avenue, Owatonna, MN 55060 - Image 11
805 S Cedar Avenue, Owatonna, MN 55060 - Image 12
805 S Cedar Avenue, Owatonna, MN 55060 - Image 13
805 S Cedar Avenue, Owatonna, MN 55060 - Image 14

Commercial Property for sale in Owatonna, MN

for $399,900 with 9 bedrooms and 6 full baths. This building was built in 1896 on a lot size of 0.301.

Don't miss this opportunity to acquire a six-unit apartment building in Owatonna. This well-maintained property offers stable in-place cash flow and has seen numerous recent capital improvements. Recent Property Updates include new flooring throughout many units, fresh interior paint, all bathrooms updated, newer boiler system. 6 Residential Units with 5 of them currently occupied. Working on getting the 6th unity filled. Tenants pay electricity; landlord pays gas and water/sewer. Need 24 hour notice for all showings.

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Commercial Active

Price

$ 399,900

Bedrooms

9

Full Bath

6

Property Type

Commercial

Taxes

$ 5,474

Style

Lot Size

0.301

Year Built

1896

Town/City

Owatonna

County/Region

Steele

MLS | Web ID

7106242
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities None Available
Garage Spaces 2
Year Built 1896
Tax Year 2026
Current Use Residential
Accessibility None
County Steele
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Phelps Add
Directions From 35 exit Bridge St and go East. Take a right onto S Cedar Ave.
City Owatonna
High School District Owatonna
Zoning Description Residential-Multi-Family
Number Of Units Total 6
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5474
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Detached Garage
Water Source City Water - In Street
Inclusions Building
Lot Size Area 0.301
Lot Dimensions common
Waterfront Y/N N
Foundation Area 1057
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Interior
Basement (Y/N) N
Total Bedrooms 9
Total Baths 6
Fuel Natural Gas
Garage Square Feet 560
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Internal Only
Street Number 1 805
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* Excluded Features
List By
Re/Max Advantage Plus

Broker

MichelleM@mnrealestateteam.com

Email

Affordability Calculator

$3,218
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,762
Monthly Property Taxes
$456
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
708449 Elementary School
708755 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/10/2026$399,900 Listed Price

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805 S Cedar Avenue, Owatonna, MN, 55060 is a Commercial Property for sale at $399,900 with a lot size of 0.301. 805 S Cedar Avenue has 9 bedrooms, 6.0 baths, and was built in 1896. The property's zip code is 55060 which is in Owatonna, MN

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