Charming, cash flowing 4 Plex in the heart of New Germany only becoming available due to relocation. Property is ideally located next to the Dakota Rail Trail and just blocks from parks, baseball fields and The Fancy Farmer coffee shop. Three of the four units have been updated with laminate flooring or refinished hardwood floors, laminate countertops, and stylish touches like backsplashes and open shelving. Outdoor common areas feature a partially fenced yard, play structure, rope swing, picnic space, and sidewalks. Additional perks include a dedicated onsite caretaker, shared coin-op laundry, a large workshop with high ceilings and workbenches, individual storage units for each apartment, and a partially finished sauna. Water/sewer is submetered via TrueSubmeter, and tenants pay most utilities. A new dryer was installed in May 2025. Perfect for investors or live-in owners seeking a low-maintenance, income-producing property in a tight-knit community. Complete tear off and reroof of asphalt shingles 8/2025, and a membrane roof replacement 8/2025, as well as a new water heater 8/2025.
Closed
Zestimate®
$350,000
460 Broadway St E, New Germany, MN 55367
10beds
4baths
5,022sqft
Quadruplex
Built in 1911
-- sqft lot
$350,000 Zestimate®
$70/sqft
$1,482 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 15, 2025 at 09:09am
Listed by:
Lisa Loraine Anderson 612-269-2124,
eXp Realty,
Desrochers Realty Group 612-688-7024
Bought with:
John Wichmann
RE/MAX Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6782242
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Heating
- Baseboard, Forced Air
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Crawl Space,Partial,Concrete
Interior area
- Total structure area: 5,022
- Total interior livable area: 5,022 sqft
- Finished area above ground: 4,652
- Finished area below ground: 0
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Front Porch
- Fencing: None
Lot
- Size: 0.38 Acres
- Dimensions: 112 x 150
- Features: Irregular Lot
Details
- Foundation area: 3944
- Parcel number: 550500080
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stucco, Wood Siding
- Roof: Asphalt,Metal
Condition
- Age of Property: 114
- New construction: No
- Year built: 1911
Utilities & green energy
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: New Germany
- Subdivision: City Lts Of New Germany
Other
Other facts
- Road surface type: Paved
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$350,000
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