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!
Active
$99,900
217 5th St S, Breckenridge, MN 56520
4beds
4baths
4,280sqft
Est.:
Quadruplex
Built in 1888
-- sqft lot
$-- Zestimate®
$23/sqft
$-- HOA
What's special
Four-stall detached garage
- 301 days |
- 324 |
- 27 |
Zillow last checked: 8 hours ago
Listing updated: October 02, 2025 at 10:04am
Listed by:
Lee Haecherl 612-616-7387,
Central MN Realty LLC,
Glen Bearson 320-815-6353
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6658160
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Boiler
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Concrete
Interior area
- Total structure area: 4,280
- Total interior livable area: 4,280 sqft
- Finished area above ground: 2,980
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 8,712 Square Feet
- Dimensions: 66 x 133
Details
- Foundation area: 1300
- Parcel number: 230501055
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Fiber Cement, Frame
- Roof: Asphalt
Condition
- Age of Property: 137
- New construction: No
- Year built: 1888
Utilities & green energy
- Electric: Fuses
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: City Breckenridge
HOA
- Amenities included: Coin-op Laundry Owned
Location
- Region: Breckenridge
Financial & listing details
- Price per square foot: $23/sqft
- Tax assessed value: $97,600
- Annual tax amount: $1,540
- Date on market: 2/11/2025
- Cumulative days on market: 241 days
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2025 | Price change | $99,900-4.9%$23/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6658160 Report a problem | ||
| 7/20/2025 | Price change | $105,000-8.6%$25/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6658160 Report a problem | ||
| 5/23/2025 | Price change | $114,900-9.5%$27/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6658160 Report a problem | ||
| 4/1/2025 | Price change | $126,900-7.3%$30/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6658160 Report a problem | ||
| 3/6/2025 | Price change | $136,900-6.8%$32/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6658160 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,540 +16.3% | $97,600 -3% |
| 2023 | $1,324 -2.9% | $100,600 +24.7% |
| 2022 | $1,364 +0.3% | $80,700 +2.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$485/mo
Principal & interest
$387
Property taxes
$63
Home insurance
$35
Climate risks
Neighborhood: 56520
Nearby schools
GreatSchools rating
- 7/10Breckenridge Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 5/10Breckenridge Middle SchoolGrades: 7-8Distance: 0.9 mi
- 6/10Breckenridge Senior High SchoolGrades: 9-12Distance: 0.9 mi
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