About This Home

This 14-bedroom, 8-bathroom commercial at 18 NE Schmitz Street in Adams, MN is listed for $449,900. Built in 1979, on a 0.70 acres lot.

Key Features

  • Built in 1979
  • 0.70 acre lot

Property Details

8 full
1979
Listing Description

Well-maintained 8-unit apartment building located in Adams. The property features a balanced unit mix of six 2-bedroom units and two 1-bedroom units. The building is configured with two separate coin-operated laundry rooms, one serving each section of the property.

Electric utilities are separately metered, and electric heat is provided, allowing residents to manage their own utility usage. The property currently operates with on-site management, which is available to remain in place or may transition at the discretion of new ownership. Existing leases allow for 30-day notice to vacate following a change in ownership, offering operational flexibility.

Monthly Cost Estimate

$2,406/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

18 NE Schmitz Street

Adams, MN 55909

Mays 1st Add

Property Details

Heating

Baseboard

Cooling

Wall Unit(s)

Appliances

RangeRefrigerator

Questions & Answers

This 14-bedroom, 8-bathroom commercial at 18 NE Schmitz Street is listed at $449,900. The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1979, 0.70 acre lot.

This property is listed by Geoffrey S Serdar.

GS

Geoffrey S Serdar

Agent at Compass Minnesota, LLC

Listed by Compass Minnesota, LLC · Broker phone: (952) 213-1631 · Broker website

MLS# 7006896· Source: Northstar MLS· 289 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

18 NE Schmitz Street, Adams, MN 55909

Open this listing in: