MLS# 6727748 - 460 Broadway Street E New Germany, MN 55367

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 LVP or refinished hardwood floors, new 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.

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Mortgage & Tax Calculator [Estimated]

Purchase Price ($):

Down Payment ($):

Down Payment (%):

Est. Best Interest Rate (%):

Term of Loan (Years):

Monthly Payment:

$1,869 + $410^(tax)
Est. Monthly Total: $2,279

*does not include insurance and all numbers are estimated.

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Summary

Type: RES | Residential Income - Quadruplex

Price: $395,000 ^-$15K

$85/sf

$1,039,474/acre

Transaction: For Sale

Status: Active

Contingencies: None

Agent Owned: No

Lender Owned: No

Zoning: Residential-Multi-Family

Square Footage: 4,652 sq ft

Lot Size: 0.38 acres

Year Built: 1911

Foundation: 3,944 sq ft

Stories: Two

New Construction: No

Listed at: Thu Jun 12 2025 5:00:00 AM

Listing Age: 17 days

School District: 110-Waconia | 952-442-0600

County: Carver

Home Details

In Home Details

Sq Ft Above Ground: 4,652 sq ft

Basement: Crawl Space, Partial, Concrete

Construction Material: Stucco, Wood Siding

Exterior

Siding: Stucco, Wood Siding

Roof: Asphalt, Metal

Utilites

Water: City Water/Connected

Sewer: City Sewer/Connected

Heating: Baseboard, Forced Air, Electric, Natural Gas

Fence: None

Property Details

Description: Irregular Lot

Frontage: City Street, Curbs, Paved Streets, Sidewalks

Garage: Open

Lot Dimensions: 112 X 150

Agent Owned: No

Others

School Information

District Number: 110-Waconia

District Phone: 952-442-0600

Financial Considerations

Tax Property ID: 550500080

Tax Amount: $4,914 for 2024

Listing Data

Listed Price: $395,000^-$15K

Days on market: 16 days

First Listed at: Thu Jun 12 2025 5:00:00 AM

Last Updated at: Sat Jun 28 2025 1:00:03 PM

Contingencies: None

Assessments: No

Foreclosure: No

Lender Owned: No

Special Notes

Present Use: Yearly

Public Survey

Range: 26

Section: 04

Township: 116

eXp Realty is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Mike Stanwood Realtor/GRI is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Mike Stanwood Realtor/GRI, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jun 28 2025 10:29PM.