460 Broadway St E New Germany, MN 55367
Estimated payment $2,311/month
Highlights
- Front Porch
- Forced Air Heating System
- Coin Laundry
- Bayview Elementary School Rated A-
- Baseboard Heating
About This Home
Charming, cash flowing 4 Plex in the heart of New Germany only becoming available due to relocation. Property is ideally located next to the Dakota Rail Trail and just blocks from parks, baseball fields and The Fancy Farmer coffee shop. Three of the four units have been updated with laminate flooring or refinished hardwood floors, laminate countertops, and stylish touches like backsplashes and open shelving. Outdoor common areas feature a partially fenced yard, play structure, rope swing, picnic space, and sidewalks. Additional perks include a dedicated onsite caretaker, shared coin-op laundry, a large workshop with high ceilings and workbenches, individual storage units for each apartment, and a partially finished sauna. Water/sewer is submetered via TrueSubmeter, and tenants pay most utilities. A new dryer was installed in May 2025. Perfect for investors or live-in owners seeking a low-maintenance, income-producing property in a tight-knit community. Complete tear off and reroof of asphalt shingles 8/2025, and a membrane roof replacement 8/2025, as well as a new water heater 8/2025.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,914
Year Built
- Built in 1911
Lot Details
- Lot Dimensions are 112 x 150
- Irregular Lot
Home Design
- Quadruplex
- Metal Roof
Interior Spaces
- 4,652 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Basement
- Partial Basement
- Crawl Space
Outdoor Features
- Front Porch
Utilities
- Forced Air Heating System
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 550500080
Community Details
Overview
- 4 Units
- City Lts Of New Germany Subdivision
Amenities
- Coin Laundry
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,914 | $290,300 | $36,200 | $254,100 |
| 2024 | $4,942 | $290,300 | $36,200 | $254,100 |
| 2023 | $4,678 | $290,900 | $36,200 | $254,700 |
| 2022 | $3,516 | $216,700 | $27,200 | $189,500 |
| 2021 | $4,158 | $125,900 | $22,600 | $103,300 |
| 2020 | $4,114 | $37,000 | $7,500 | $29,500 |
| 2019 | $3,966 | $115,700 | $21,500 | $94,200 |
| 2018 | $3,676 | $151,000 | $28,700 | $122,300 |
| 2017 | $3,678 | $143,200 | $28,700 | $114,500 |
| 2016 | $4,130 | $139,100 | $0 | $0 |
| 2015 | $4,560 | $140,500 | $0 | $0 |
| 2014 | $4,560 | $140,500 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2025 09/21/25 | Pending | -- | -- | -- |
| 09/03/2025 09/03/25 | For Sale | $360,000 | +267.7% | $77 / Sq Ft |
| 02/12/2015 02/12/15 | Sold | $97,900 | -2.0% | $18 / Sq Ft |
| 02/05/2015 02/05/15 | Pending | -- | -- | -- |
| 11/20/2014 11/20/14 | For Sale | $99,850 | -- | $19 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $258,000 | First Ficial Title Agency | |
| Warranty Deed | $167,000 | Edina Realty Title Inc | |
| Warranty Deed | -- | Edina Realty Title | |
| Deed | $97,900 | -- | |
| Foreclosure Deed | $25,000 | -- | |
| Warranty Deed | $80,000 | -- | |
| Deed | $258,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $253,326 | FHA | |
| Previous Owner | $200,000 | Construction | |
| Previous Owner | $167,000 | VA | |
| Previous Owner | $140,000 | Credit Line Revolving | |
| Previous Owner | $85,000 | No Value Available | |
| Closed | $253,326 | No Value Available |
Source: NorthstarMLS
MLS Number: 6782242
APN: 55.0500080
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
- 16950 County Road 30
- 826 Beach Ball Ln
- 830 Beach Ball Ln
- 823 Beach Ball Ln
- 821 Beach Ball Ln
- 819 Beach Ball Ln
- 824 Beach Ball Ln
- 18625 62nd St
- 16925 Highway 7
- 5225 Upland Ave
- 2626 Twin Ponds Path
- 2206 Blake Ave
- 2200 Timber Dr
- 2301 Hickory Ln
- 2119 River Bend Trail
- 2107 River Bend Trail
- 2103 River Bend Trail
- 2102 River Bend Trail
- 2095 River Bend Trail
- 2091 River Bend Trail