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New Ulm, MN Multifamily Homes & Duplexes for Sale

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  • /29

    $199,900

    • 5 Beds
    • 3 Baths
    • 2,928 Sq Ft

    720 N German St, New Ulm, MN 56073

    Cash flowing triplex in New Ulm now available. Original hardwood floors, shared washer and dryer accessible to all units on main level. Plenty of potential off street parking in back of property accessed thru alley. Upper unit rents for $925, main level $850. Lower level is a large efficiency with walk out floor plan. It is currently owner occupied but in past rented for $600. Owner currently

    Sonja Zoet REAL BROKER, LLC

    720 N German St, New Ulm, MN 56073
  • /24

    $175,000

    • 3 Beds
    • 2 Baths
    • 2,112 Sq Ft

    305 S Broadway St, New Ulm, MN 56073

    Welcome to this nice duplex located in New Ulm. This would make a good investment property or nice owner occupied property with rental income to offset the mortgage payments and could be converted into a single family home. The main level apartment offers comfortable living with a bedroom, office/den, living room, full bath and sunroom off the back, with laundry. The cozy upstairs apartment

    Dan Baker CENTURY 21 ATWOOD

    305 S 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
$210,000
Median Single Family Sale Price
$234,000
Median Townhouse Sale Price
$289,900
Average Price Per Sq Ft
$123
Number of Homes for Sale
4
Last 12 months Home Sales
174
Months of Supply
0.30
Median List Price
$239,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-2%
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