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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

South Metro Realty

612-812-8362

Last updated:

June 6, 2026, 12:07 PM

MLS#

7087349

Source:

NSMLS

About This Home

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!

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1976

Price Summary

649,900

$167 per Sq. Ft.

MLS #:

7087349

Last Updated:

June 6, 2026, 12:07 PM

Added:

4 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

3,876 Sq. Ft.

Structure

Structure

Building Area:

3,876 Sq. Ft.

Year Built:

1976

Lot

Lot Size (Sq. Ft):

16,988

Finances & Disclosures

Finances

Price:

$649,900

Price per Sq. Ft:

$167 per Sq. Ft.

Source:NSMLS
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.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.