ACTIVE$649,900
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague - Mike Wilen | Minnesota Team Real Estate

Property information

Beds
8
Baths
4
Sq Ft
3,876
Year Built
1976
Property Type
Fourplex
Acres
0.39
County
Scott
Waterfront
No
Waterfront View
—
Waterfront Feet
—
Water Body
—
Parking
0
Basement
None
Price/Sqft
$168
Stories
Split Entry (Bi-Level)
HOA Fee
N/A
Updated
28 D AGO
List Date
7/2/2026

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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View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (2 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (3 of 19) - Mike Wilen | Minnesota Team Real Estate
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View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (5 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (6 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (7 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (8 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (9 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (10 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (11 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (12 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (13 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (14 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (15 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (16 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (17 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (18 of 19) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 309 5th Avenue, New Prague MN 56071, New Prague (19 of 19) - Mike Wilen | Minnesota Team Real Estate

Listed by: South Metro Realty