Sold: Waseca MLS# 6767075
Sold
$219,900 (list price)
$200,000
Multi-family: Fourplex
4 br • 4 ba • Built 1900
2,316 sqft • 0.158 acres
Waseca schools
MLS# 6767075
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Property Description
Excellent Investment Opportunity – 4-Plex with Strong Rental Potential
Unlock consistent cash flow with this well-maintained 4-plex featuring four spacious 1-bedroom, 1-bath units. Each unit offers functional layouts, full kitchens, and comfortable living spaces—ideal for attracting long-term tenants.
Recent updates include a newer roof and siding, reducing future maintenance costs and adding curb appeal. Tenants enjoy the convenience of separate utilities, with all units individually metered for electric and gas, which the tenants pay.
Located in a desirable area with solid rental demand, this fully occupied property is perfect for both new and seasoned investors looking to expand their portfolio.
Don’t miss out on this turnkey opportunity—schedule your showing today!
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$219,900
Sold Price:
$200,000
Sold Date:
08/25/2025
Price per sq ft:
$95
Property Type:
Multi-family
City:
Waseca
Garage Spaces:
0
County:
Waseca
Year Built:
1900
State:
MN
Property Style:
Fourplex
Zip Code:
56093
Subdivision Name:
Mcnamaras Add
Interior
Bedrooms:
4
Bathrooms:
4
Finished Area:
2,316 ft2
Living Area:
2,316 ft2
Refrigerators:
Four
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
772 ft2
Handicap Accessible:
None
Heating System:
- Baseboard
- Forced Air
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.158
Geolocation:
44.078193, -93.51446
Lot Dimensions:
50 x 138
Schools
School District:
829
District Phone:
5078352500
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,316
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,316
Income
Annual Gross Income:
$25,200
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
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Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.