$399,900

805 S Cedar Avenue, Owatonna MN, 55060

Built in1896

Property typeCommercial

Courtesy of RE/MAX Advantage Plus, Michelle Moen Listing Contact:

Overview

Active

Listed Aug 10, 2026

Updated 3 weeks ago

Don't miss this opportunity to acquire a six-unit apartment building in Owatonna. This well-maintained property offers stable in-place cash flow and has seen numerous recent capital improvements. Recent Property Updates include new flooring throughout many units, fresh interior paint, all bathrooms updated, newer boiler system. 6 Residential Units with 5 of them currently occupied. Working on getting the 6th unity filled. Tenants pay electricity; landlord pays gas and water/sewer. Need 24 hour notice for all showings.

Additional information

MLS^® ID: 7106242

Interior Features

Bedrooms: 9
Bathrooms: 6
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.3 Acres

Other Property Details

Taxes: $5,474
Tax Frequency: Annually
Garage: Yes

Listings courtesy of Northstar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 2:21 PM UTC on 9/17/2026. 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.

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