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Owatonna
805 S Cedar Avenue
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805 S Cedar Avenue, Owatonna, MN

$399,900

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9

Beds

6

Baths

0.30

Acres

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About 805 S Cedar Avenue

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.

Features of 805 S Cedar Avenue

MLS® # 7106242
Price $399,900
Bedrooms 9
Bathrooms 6.00
Acres 0.30
Year Built 1896
Type Commercial Sale
Status Active

Community Information

Address 805 S Cedar Avenue
Subdivision Phelps Add
City Owatonna
County Steele
State MN
Zip Code 55060

Amenities

Utilities None Available
Parking Detached Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No

Exterior

Exterior Features Other

School Information

District Owatonna

Additional Information

Days on Market 39
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $5,474
Tax Year 2026

Listing Details

OfficeRE/MAX Advantage Plus

Listing Map

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