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New Ulm, MN Multifamily Homes & Duplexes for Sale

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  • /14

    $239,900

    • 3 Beds
    • 2 Baths
    • 2,170 Sq Ft

    205 S Minnesota St, New Ulm, MN 56073

    Great opportunity to own a fully renovated duplex right downtown New Ulm! So many options including vacation rental, long term leasing, or live in one and rent the other one out. New roof, furnace/AC, windows, kitchens, baths, flooring, paint and more! One unit is 2 bed 1 bath the other unit is 1 bed, Den and 1 bath.... both have laundry in unit... 2 stall attached garage as well. *Agent/Broker

    Agent Photo

    Eric Bode

    BOCO REAL ESTATE INC.

    (507) 646-3015

    205 S Minnesota St, New Ulm, MN 56073
  • /24

    $156,900

    • 4 Beds
    • 2 Baths
    • 1,567 Sq Ft

    623 N Broadway St, New Ulm, MN 56073

    Investment Opportunity Available! Duplex with each unit having 2 bedrooms and 1 bath. Upstairs unit is occupied with no lease and rent being raised in December and main floor has a lease and has a basement with laundry. Great property! Sue Rothmeier is owner/agent.

    Sue Rothmeier BEYOND REAL ESTATE, INC.

    623 N Broadway St, New Ulm, MN 56073

Why Live in New Ulm

New Ulm, MN, a city of 14,000 residents, is deeply rooted in German heritage, evident in its orderly layout, downtown storefronts, and the iconic Glockenspiel clock tower. The city’s economy is bolstered by manufacturing plants like 3M, Kraft, and AMPI. New Ulm is renowned for its German cuisine and beer, with establishments like Kaiserhoff and the historic August Schell Brewing Company, the second-oldest family-owned brewery in the U.S. Downtown Minnesota Street features a variety of local businesses and restaurants, while big box stores are located along U.S. Route 14. Housing in New Ulm includes Dutch Colonial and Victorian architecture, with home prices significantly below the national median. The city celebrates its German culture with monthly festivals, including a highly ranked Oktoberfest. New Ulm’s Parks & Recreation Department maintains 28 facilities, including Hermann Heights Park and Flandrau State Park. The New Ulm Public School District offers a single pipeline of public schools, and Martin Luther College provides higher education opportunities. The city is safer than the national average, contributing to a strong sense of community. Highway 14’s recent upgrade to a four-lane highway improves access to Mankato, 30 miles away, while Minneapolis and its international airport are 95 miles from New Ulm.

Home Trends in New Ulm, MN

Housing Trends

Median Sale Price
$234,000
Median Single Family Sale Price
$235,000
Median Townhouse Sale Price
$345,000
Average Price Per Sq Ft
$113
Number of Homes for Sale
20
Last 12 months Home Sales
153
Months of Supply
1.60
Median List Price
$244,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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