About This Home

This 9-bedroom, 6-bathroom commercial at 805 S Cedar Avenue in Owatonna, MN is listed for $399,900. Built in 1896, on a 0.30 acres lot.

Key Features

  • Built in 1896
  • 0.30 acre lot

Property Details

6 full
2-car garage
1896
Listing Description

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.

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

805 S Cedar Avenue

Owatonna, MN 55060

Phelps Add

Property Details

Parking

Garage - Detached

Heating

Forced Air

Questions & Answers

This 9-bedroom, 6-bathroom commercial at 805 S Cedar Avenue is listed at $399,900. The estimated monthly payment is $2,139 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1896, 0.30 acre lot.

This property is listed by Michelle Moen.

MM

Michelle Moen

Agent at RE/MAX Advantage Plus

Listed by RE/MAX Advantage Plus · Broker phone: (952) 226-7700 · Broker website

MLS# 7106242· Source: Northstar MLS· 78 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.

805 S Cedar Avenue, Owatonna, MN 55060

Open this listing in: