$1,225,000
Off-Market Date: 06/27/2026120 E 13th Street Blue Earth, MN 56013
Pending MLS# 7096552
15,000 sq ft Commercial
Details for 120 E 13th Street
MLS# 7096552
Description for 120 E 13th Street, Blue Earth, MN, 56013
Village Green Apartments is a superior chance to acquire a value-add opportunity in southern Minnesota close to the Iowa border. The unit mix offers fourteen two-bedroom and ten one-bedroom all with one bathroom. The property consists of three 8-plexes and is situated on a 0.97-acre corner lot right across the street from Putnam Park with tennis courts and community swimming pool. Includes on-site coin laundry facilities in each building, newer water heaters, and plenty of off-street parking! This one has huge potential by organically raising rents to market while improving the operating expenses to quickly increase its value!Built in 1979-1980, this very well-maintained building features a mix of one and two-bedroom units all with one bathroom, providing a variety of options for potential renters. Additionally, the property includes a spacious parking lot with 34 separate parking spaces, ensuring that tenants have ample space to park their vehicles.The exterior of the property is well-maintained and features a classic brick façade with vinyl siding, while the interior of the units are spacious and have updated appliances. The property is conveniently located near major highways and the downtown area, making it easy for tenants to enjoy all that Blue Earth has to offer.Investors looking for a value-add opportunity with strong cash flow potential will appreciate the low maintenance costs and high rental demand in the area. Don't miss out on this rare opportunity to own a property that is super clean and well maintained and also in a non-rent controlled city of Minnesota!
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Pending
Lot Size: 0.96 Acres
Square Feet: 15,000 sq ft
Year Built: 1979
Foundation: 7,500 sq ft
Stories: 2 Stories
Subdivision: Sunnyside Add
Number Of Units Total: 24
Current Use: Residential
County: Faribault
Days On Market: 7
Construction Status: Previously Owned
School Information
District: 2860 - Blue Earth Area Schools
Interior Features
Appliances: Range, Refrigerator
Flooring: Carpet,Tile,Vinyl/Linoleum
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Common,Heating Separate,Hot Water Common
Cooling: Wall
Heating: Natural Gas, Electric, Baseboard, Boiler
Exterior / Lot Features
Open Parking: 34
Parking Description: Paved Lot
Exterior: Vinyl
Roof: Age 8 Years or Less, Asphalt Shingles, Pitched
Lot Dimensions: Irregular
Zoning: Residential-Multi-Family
Topography: Level
Additional Exterior/Lot Features: Corner Lot, Irregular Lot, Tree Coverage - Light, Land Inclusions - Building,Business,Land,Leases,Rental License, Road Frontage - City
Driving Directions
south of town / across the street from the city splashed and tennis courts
Financial Considerations
Tenant Pays: Electric,Heat
Owner Pays: Fuel,Insurance,Lawn,Maintenance/Repair,Sewer,Snow,Taxes,Trash,Water
Gross Income: 169331
Expense: 78228
Tax/Property ID: 215771320
Tax Amount: 19714
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Apartment Cash Flow, Inc.
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.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Sales History & Tax Summary for 120 E 13th Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 120 E 13th Street
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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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