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460 Broadway Street E

New Germany, MN 55367

– beds
– baths
4,652 sqft
$88 per sqft
1911 build
– on site

Charming, cash flowing 4 Plex in the heart of New Germany only becoming available due to relocation. Property is ideally located next to the Dakota Rail Trail and just blocks from parks, baseball fields and The Fancy Farmer coffee shop. Three of the four units have been updated with LVP or refinished hardwood floors, new laminate countertops, and stylish touches like backsplashes and open shelving. Outdoor common areas feature a partially fenced yard, play structure, rope swing, picnic space, and sidewalks. Additional perks include a dedicated onsite caretaker, shared coin-op laundry, a large workshop with high ceilings and workbenches, individual storage units for each apartment, and a partially finished sauna. Water/sewer is submetered via TrueSubmeter, and tenants pay most utilities. A new dryer was installed in May 2025. Perfect for investors or live-in owners seeking a low-maintenance, income-producing property in a tight-knit community.

Listing courtesy of NORTHSTAR / Lisa Anderson / eXp Realty

Last checked: Checking… • Last updated Jun 15, 2025 •

MLS# 6727748 —

The Building

Year Built:

1911
New Construction:

false
Age Of Property:

114
Construction Materials:

Stucco, Wood Siding
Roof:

Asphalt, Metal
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

3944.0000
Basement:

Crawl Space, Partial, Concrete
Basement:

true
Foundation Area:

3944
Building Area Total:

5022
Above Grade Finished Area:

4652

Room Dimensions

Living Area:

4652

Location

Directions:

County Rd 33 to Broadway St E
Latitude:

44.884682
Longitude:

-93.964582

The Property

Parcel Number:

550500080
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Quadruplex
Additional Parcels:

false
Lot Features:

Irregular Lot
Lot Size Area:

0.38
Lot Size Dimensions:

112 X 150
Lot Size Units:

Acres
Road Frontage Type:

City Street, Curbs, Paved Streets, Sidewalks
Road Responsibility:

Public Maintained Road
Fencing:

None
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

4914
Tax With Assessments:

4914.0000

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Baseboard, Forced Air

Utilities

Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Four

Schools

High School District:

Waconia

The Community

Subdivision Name:

City Lts Of New Germany
Association Amenities:

Laundry, Coin-op Laundry Owned, Porch
Assessment Pending:

No

Parking

Parking Features:

Open

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
6/12/25 Jun 12, 2025	Listed / Active	NORTHSTAR	$410,000
2/12/15 Feb 12, 2015	Sold	DAAR
3/12/09 Mar 12, 2009	Sold	DAAR

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This multifamily located in New Germany, MN 55367 is currently for sale for $410,000. 460 Broadway Street E is a 4,652 square foot multifamily with – beds and – baths that has been on Estately for 5 days. This multifamily is in the attendance area of Clearwater Middle School, Bayview Elementary School, and Waconia Senior High School.

Listing Courtesy of: NORTHSTAR and eXp Realty.

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.