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New Ulm, MN Multifamily Home for Sale

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    $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 is a city with strong German roots, reflected in its orderly layout and historic architecture. The Glockenspiel clock tower and Turner Hall are notable landmarks, with Turner Hall being one of the few remaining in the country. The local economy is driven by manufacturing, with major employers like 3M, Kraft, and AMPI. German cuisine and beer are central to the community, with establishments like Kaiserhoff and the August Schell Brewing Company, the second-oldest family-owned brewery in the U.S., offering authentic experiences. Downtown Minnesota Street features a half-mile strip of local businesses and restaurants, while big box stores are located along U.S. Route 14. Homes in New Ulm are predominantly single-family, featuring Dutch Colonial and Victorian architecture, with prices below the national median. The city celebrates its heritage with monthly German-themed festivals, including a highly ranked Oktoberfest. The Minnesota Music Hall of Fame honors local and national musicians, highlighting the city's rich musical culture. New Ulm maintains 28 parks, including Hermann Heights Park and Flandrau State Park, offering various recreational facilities. The New Ulm Public School District provides a single pipeline of education, with high schoolers having access to the Career Technical Education Center. Martin Luther College offers undergraduate and graduate programs. The newly upgraded U.S. Route 14 improves access to Mankato, 30 miles away, and Minneapolis is 95 miles away. Crime rates are lower than the national average, contributing to a sense of safety among residents.

Home Trends in New Ulm, MN

Housing Trends

Median Sale Price
$240,000
Median Single Family Sale Price
$240,000
Median Townhouse Sale Price
$335,000
Average Price Per Sq Ft
$111
Number of Homes for Sale
21
Last 12 months Home Sales
177
Months of Supply
1.40
Median List Price
$239,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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