201 5th Street N, Grove City, MN 56243
New Listing
$189,900
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
3,156
Lot Size (sq. ft.):
33,106
Status:
Active
Current Price:
$189,900
List Date:
5/30/2026
Last Modified:
5/31/2026
Overview
Description
...
(Read more)
Incredible turnkey multi-family investment or owner-occupied rental! This beautifully converted property features 3 separate apartment units generating over $2,500/month in steady, reliable cash flow.
The versatile layout has a spacious 2-bedroom, 1-bathroom unit upstairs (Unit C), and two separate 1-bedroom, 1-bathroom units downstairs (Units A & B). Every unit boasts its own kitchen, bathroom, and dedicated water heater for maximum tenant convenience.
Enjoy ultimate peace of mind with long-term, government-assisted tenants already in place. All units have been fully inspected and passed HRA compliance, guaranteed monthly income directly to you. Looking to house-hack? Move into the upstairs 2-bedroom unit and let the two downstairs units generate monthly income!
Additional features include a massive detached 2-car garage. Could be used for owner storage or renting out to tenants for additional residual income—and a beautiful, fully fenced backyard. It could also be used as a large single-family home? This property can easily be converted back into a spacious 5-bedroom residence. Don’t miss out on this high-yield property!
Listing Details MLS# 7083729
General Property Information
- Common Wall
- No
- Lot Measurement
- Acres
- Manufactured Home?
- No
- Multiple PIDs?
- No
- New Development
- No
- Waterfront Present
- No
- Year Built
- 1918
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Single Family
- Bath Full
- 3
- Main Floor Total SqFt
- 1052
- Above Grd Total SqFt
- 2104
- Below Grd Total SqFt
- 1052
- Total SqFt
- 3156
- Total Finished Sqft
- 2104.00
- FireplaceYN
- No
- Style
- (SF) Single Family
- Foundation Size
- 1052
- Garage Stalls
- 2
- Lot Dimensions
- 64x106x91
- Acres
- 0.76
- Assessment Pending
- No
- Number of Fireplaces
- 0
- Bath Three Quarters
- 0
- Bath Half
- 0
- Bath Quarter
- 0
- Association Fee
- 0
Property Features
Accessible:
No Stairs External
Air Conditioning:
None
Basement:
Unfinished
Construction Status:
Previously Owned
Exterior:
Wood
Foundation:
Other
Fuel:
Natural Gas
Heating:
Forced Air
Pool Description:
None
Sellers Terms:
Cash; Conventional; FHA; VA; Other
Sewer:
City Sewer/Connected
Stories:
Two
Water:
City Water/Connected
Contract Information
- Contingency
- None
- Original List Price
- 189900
- ListPrice
- 189900
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 201
- Street Name
- 5th
- Street Suffix
- Street
- Street Direction Suffix
- N
- Postal City
- Grove City
- County
- Meeker
- State
- MN
- Zip Code
- 56243
- Complex/Dev/Subdivision
- T C Lawsons Sub
Assessments
- Tax With Assessments
- 2752
- Assessment Balance
- 0
Building Information
- Finished SqFt Above Ground
- 2104
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- DP Resource
- Yes
- Homestead
- No
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Square Feet
- 320
Public Survey Info
- Range#
- 32
- Section#
- 3
- Township#
- 119
Office/Member Info
- Association
- SPAAR
Location, Tax and Other Information
- AssocFeeYN
- No
- Legal Description
- LAWSON'S SUB LOT 1 OF LOT C LAWSON'S SUB OF N 1/2 NE 1/4
- Listing City
- Grove City
- Map Page
- 999
- Municipality
- Grove City
- School District
- A.C.G.C.
- School District Phone
- 320-857-2271
- Zip Plus 4
- 5162
- Property ID Number
- 250225000
- Tax Year
- 2025
- Tax Amount
- 2752
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Incredible turnkey multi-family investment or owner-occupied rental! This beautifully converted property features 3 separate apartment units generating over $2,500/month in steady, reliable cash flow. The versatile layout has a spacious 2-bedroom, 1-bathroom unit upstairs (Unit C), and two separate 1-bedroom, 1-bathroom units downstairs (Units A & B). Every unit boasts its own kitchen, bathroom, and dedicated water heater for maximum tenant convenience. Enjoy ultimate peace of mind with long-term, government-assisted tenants already in place. All units have been fully inspected and passed HRA compliance, guaranteed monthly income directly to you. Looking to house-hack? Move into the upstairs 2-bedroom unit and let the two downstairs units generate monthly income! Additional features include a massive detached 2-car garage. Could be used for owner storage or renting out to tenants for additional residual income—and a beautiful, fully fenced backyard. It could also be used as a large single-family home? This property can easily be converted back into a spacious 5-bedroom residence. Don’t miss out on this high-yield property!
- Directions
- Drive southwest on US 12/MN 4/Atlantic Ave. Right to 5th St North. Left to North Ave. Bear right onto 279th St. Property is on the right.
Accessible
- No Stairs External
- Yes
Air Conditioning
- None
- Yes
Basement
- Unfinished
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Wood
- Yes
Foundation
- Other
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Insurance Fee
- Insurance Fee
- 0
Pool Description
- None
- Yes
Sellers Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- Other
- Yes
- VA
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Water
- City Water/Connected
- Yes
Room Information
| Room Name | Level |
|---|---|
| Bathroom | Main |
| Bathroom | Main |
| Bathroom | Upper |
| First (1st) Bedroom | Main |
| Fourth (4th) Bedroom | Upper |
| Kitchen | Main |
| Kitchen | Main |
| Kitchen | Upper |
| Second (2nd) Bedroom | Main |
| Third (3rd) Bedroom | Upper |
Listing Office:
Beycome Brokerage Realty LLC
Last Updated: May - 31 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker
Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
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