Search Listings

905 E 5th Street
Blue Earth, MN 56013

$419,900

44 Total Photos [Click to View All]

SCHEDULE A PRIVATE TOUR Call Print Email

Listing Details

$419,900
MLS# 7015348
Type Commercial - Business
Status Active

0.600 acres
Lot Size
1955
Year Built
Blue Earth Area Schools
Local Schools

MAP LISTING SHARE

Listed By

Agency Name: RE/MAX Results
Agency Phone: 952-431-2400

Shown By

Agency Title: Town & Country Realty - Commercial Division
Agency Phone: 701-239-2250

Home Value Estimate

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....read more

Features

Heating: Forced Air
Taxes: $4,410
Water: City Water/Connected
Year Built: 1955

Gallery

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 06/12/2026. The listing information on this page last changed on 06/12/2026. 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 06/12/2026 12:06:06 AM EST) or RMLS-MN MLS (last updated Fri 06/12/2026 12:02:42 AM EST) or Fargo-Moorhead Commercial (last updated Thu 06/11/2026 8:47:06 PM EST). Real estate listings held by brokerage firms other than Town & Country 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 consumersâ€™ 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 Participantâ€™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

Agency License Information: Licensed in North Dakota and Minnesota.

Home Buying FAQs