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217 5th Street S

Breckenridge, MN 56520

– beds
– baths
2,980 sqft
$42 per sqft
1888 build
– on site

Investment opportunity knocks! This four-plex meets the 1% rule, making it a great addition to any portfolio. Each unit is a one-bedroom, one-bath, with a four-stall detached garage. Currently managed by a rental property management company, all utilities (except electric) are included in rent. Rents are currently below market, and the new owner could boost revenue by charging for garage parking and utilities. The basement offers shared storage and potential for coin laundry. Don’t miss this value-add opportunity!

Listing courtesy of NORTHSTAR / Lee Haecherl / Central MN Realty LLC

Last checked: Checking… • Last updated Apr 1, 2025 •

MLS# 6658160 —

The Building

Year Built:

1888
New Construction:

false
Age Of Property:

137
Construction Materials:

Fiber Cement
Construction Materials Desc:

Frame
Roof:

Asphalt
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1700.0000
Basement:

Concrete
Basement:

true
Foundation Area:

1300
Building Area Total:

4280
Above Grade Finished Area:

2980

Room Dimensions

Living Area:

2980

Location

Directions:

From Highway 75 entering from the south end of town, drive north past Dacotah Ave, property will be on the left.
Latitude:

46.26156
Longitude:

-96.588394

The Property

Parcel Number:

230501055
Property Type:

Residential Income
Property Subtype:

Quadruplex
Additional Parcels:

false
Lot Size Area:

0.2
Lot Size Dimensions:

66x133
Lot Size Units:

Acres
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

1540
Tax With Assessments:

1540.0000

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Boiler

Utilities

Electric:

Fuses
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Four

Schools

High School District:

Breckenridge

The Community

Subdivision Name:

City Breckenridge
Association Amenities:

Coin-op Laundry Owned
Assessment Pending:

No

Parking

Garage Spaces:

4
Garage SqFt:

810

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
4/1/25 Apr 1, 2025	Price Changed	NORTHSTAR	$126,900	-7.3%
3/6/25 Mar 6, 2025	Price Changed	NORTHSTAR	$136,900	-6.8%
2/11/25 Feb 11, 2025	Listed / Active	NORTHSTAR	$146,900	63.2% (52.3% / YR)

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This multifamily located in Breckenridge, MN 56520 is currently for sale for $126,900. 217 5th Street S is a 2,980 square foot multifamily with – beds and – baths that has been on Estately for 68 days. This multifamily is in the attendance area of Breckenridge Elementary School, Breckenridge Middle School, and Breckenridge High School.

Listing Courtesy of: NORTHSTAR and Central MN Realty LLC.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.