 |
|
 |
 |
|
 |
|
Neal Anderson, Managing Broker
(612) 865-5955
Counselor Realty, Inc |
|
|
|
|
|
 |
|
Login incorrect
please try again.
|
|
|
|
905 E 5th Street, Blue Earth, MN 56013
STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: Blue Earth
SCHOOL: Blue Earth Area Schools
Property Description
The Oaks Apartments are located in an Opportunity Zone. The Oaks offers a 9.1 Cap Rate, a 5.4 GRM, 10% Cash on Cash 1st year with a 1.25 DSCR loan at a 51% operating expense ratio. There are eleven units with a mix of two studio, three one bedroom, five two bedroom, and one three bedroom apartments. The units are well maintained with all repair and maintenance issues addressed promptly and professionally. The Oaks Apartments offers a low vacancy and turn over rate. There are a few legacy tenants. There is plenty of parking for residents and guests. The coin operated washer and dryer on site are owned by the seller and included in the sale. Low maintenance vinyl and stone exterior with a metal roof. The Oaks runs like a well oiled machine!
Property Features
Property Type: Commercial - Business Fuel Type: Natural Gas Heating: Forced Air Lot Size: 0.60 Acres Taxes: $4,410 Year Built: 1955
Feature Descriptions
Current Use: Residential
Days on Site: 122
Foundation Size: 6531
Lot Dimensions: 145x180
Owners Expense: Exterior Maintenance, Grounds Care, Hot Water, Insurance, Repairs, Management, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 212005860
Parking: Parking Lot
Sale Includes: Building, Land, Leases
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Cable TV, Electricity, Gas, Telephone
Units: 11
Utilities: Electric Separate, Heating Separate, Hot Water Common
Water: City Water/Connected
Local Schools
School District: Blue Earth Area Schools
Listed By / Shown By
Agency Name: RE/MAX Results
Agency Phone: 952-431-2400
TOUR PROPERTY
Choose a date and time to see 905 E 5th Street, Blue Earth, MN 56013.
An agent will get in touch to confirm your request shortly.
Send an email with a link to
905 E 5th Street, Blue Earth, MN 56013.
Select a format below, new window will open and will prompt you to print.
Thank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
We would like to provide you a free, no-obligation, home loan pre-approval review.
Enter your mobile number below to have the property address and page url texted to your phone.
|
|
|
|
|
By searching Listing Data you agree to this End User License Agreement
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Terms of Use
Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 06/05/2026. The listing information on this page last changed on 06/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/05/2026 2:51:18 AM EST) or RMLS-MN MLS (last updated Fri 06/05/2026 12:02:42 AM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
By searching Listing Data you agree to this End User License Agreement
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
|
|
|
|
|
|
905 E 5th Street | MLS# 7015348
This commercial property located at 905 E 5th Street, Blue Earth, MN 56013 is currently listed for sale with an asking price of $419,900. E 5th Street is located within the Blue Earth Area Schools school district. Search Blue Earth real estate on nanderson.counselorrealty.com today.