$1,750,000
109 E Luverne Street #Units 101-336 Luverne, MN 56156
For Sale MLS# 7104049
75,000 sq ft Commercial
Details for 109 E Luverne Street #Units 101-336
MLS# 7104049
Description for 109 E Luverne Street #Units 101-336, Luverne, MN, 56156
A rare investment opportunity in the heart of Luverne! City Centre is a well-maintained 32-unit condominium complex housed in a beautifully repurposed historic school building, offering a unique blend of character and modern living. Residents enjoy shared amenities including a full-size gymnasium, community room, spacious outdoor green space, coin-operated laundry, and elevator access. The complex offers a mix of 1, 2, and 3-bedroom units, creating broad rental appeal. Ideally located within walking distance of restaurants, shopping, local businesses, Luverne City Park, and the Rock River, this property is positioned for convenience and long-term value. Buyer financing is available, making this a standout investment opportunity.
Listing Information
Property Type: Commercial, Apartments/Multi Family,Low Rise (3- Levels)
Status: Active
Lot Size: 2.22 Acres
Square Feet: 75,000 sq ft
Year Built: 1925
Foundation: 25,000 sq ft
Stories: Three Or More
Subdivision: City Center Condo Inc Cic #13
Number Of Units Total: 32
Current Use: Residential
County: Rock
Days On Market: 15
Construction Status: Previously Owned
School Information
District: 2184 - Luverne
Interior Features
Appliances: Range, Refrigerator, Stainless Steel Appliances, Dishwasher
Accessibility: Wheelchair Ramp, Elevator, Hallways 42+
Additional Interior Features: Ceiling Fan(s), Indoor Sprinklers
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate
Cooling: Central
Heating: Electric, Baseboard
Exterior / Lot Features
Parking Description: Parking Lot, Paved Lot, Garage Sq Ft - 0.00
Exterior: Brick/Stone
Roof: Tar/Gravel, Rubber, Flat
Lot Dimensions: 339x284x339x284
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Corner Lot, Tree Coverage - Light, Land Inclusions - Building,Fixture/Equipment, Road Frontage - Street Lights, Sidewalks, Paved Streets, City, Curbs
Community Features
Community Features: Other
Driving Directions
From Main and 75 North to Luverne St -East to Property
Financial Considerations
Tenant Pays: Broadband,Electric
Owner Pays: Lawn,Maintenance/Repair,Snow
Gross Income: 332040
Expense: 150930
Tax/Property ID: TBD
Tax Amount: 16266
Tax Year: 2025
HomeStead Description: Non-Homesteaded
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 109 E Luverne Street #Units 101-336
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 109 E Luverne Street #Units 101-336
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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