Fully renovated 5-unit multifamily investment opportunity offering immediate cash flow, plus a separate single-family home for a total of 6 units. The multifamily building has been thoughtfully reimagined with modern upgrades and strong income stability. Unit mix includes one 3BR/1.5BA open-concept unit, three 2BR/1BA units, and one 1BR/1BA with balcony access. Extensive renovations include new flooring, updated wiring, new electrical systems, and new plumbing throughout. Mechanical improvements feature five new HVAC systems and four on-demand water heaters. Each unit has its own breaker box and is separately metered. Unit 6 is a 4BR/1.5BA single-family home with original character, abundant storage, and a tuck-under garage. All units are occupied with leases in place, creating a turnkey investment with long-term value.
- Heating System:
- Forced Air, Hot Water
- Cooling System:
- Central Air, Window Unit(s)
- Basement:
- Shared Access, Storage/Locker
- Parking:
- Tuckunder Garage, Unassigned
- Window Features:
- Double Pane Windows
- Utilities:
- Heating Separate, Electric Separate, Hot Water Separate
- Sewer:
- City Sewer/Connected
- Flooring:
- Carpet, Luxury Vinyl Tile
- Exterior Features:
- Stone
- Appliances:
- Dishwasher, Range, Refrigerator, Tankless Water Heater
- Country:
- US
- State:
- MN
- County:
- Jackson
- City:
- Jackson
- Street:
- 5th
- Street Number:
- 510
- Street Suffix:
- Street
- Directions:
- Hwy 71 into Jackson from the North. Turn west at Sheridan St. Property is on the corner of 5th St and Sheridan St.
- High School District:
- Jackson County Central
- Office Name:
- Edina Realty, Inc.
- Agent Name:
- Staci L Murphy
- Lot Size Dimensions:
- 99 x 82
- Water Source:
- City Water/Connected
- Number Of Units Total:
- 5
- Accessibility Features:
- None
- Lot Features:
- Corner Lot
- Levels:
- Two
- Garage:
- 2
- Foundation Details:
- Block, Permanent
- Current Use:
- Residential
- Construction Materials:
- Block, Frame
- Building Size:
- 6404
- Tax Annual Amount:
- 1078
- List Agent Mls Id:
- 506500212
- List Office Mls Id:
- 27223
- Modification Timestamp:
- 2026-08-27T10:39:10Z
- Originating System Name:
- NorthStar
510 5th Street, Jackson, MN 56143
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 7062999
- Price :
- $800,000
- Bedrooms :
- 10
- Bathrooms :
- 6
- Year Built :
- 1961
- Status :
- Active
- Roof:
- Asphalt
