805 S Cedar AvenueOwatonna, MN 55060
$399,900
9 bedrooms · 6 bathrooms · 0.301 acre lot
About this home
Don't miss this opportunity to acquire a six-unit apartment building in Owatonna. This well-maintained property offers stable in-place cash flow and has seen numerous recent capital improvements. Recent Property Updates include new flooring throughout many units, fresh interior paint, all bathrooms updated, newer boiler system. 6 Residential Units with 5 of them currently occupied. Working on getting the 6th unity filled. Tenants pay electricity; landlord pays gas and water/sewer. Need 24 hour notice for all showings.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1896
- Bedrooms
- 9
- Bathrooms
- 6
- Lot
- 0.301 acres
- Garage
- 2 stalls
- Heating
- Natural Gas, Forced Air
- Property taxes
- $5,474 a year
- Listed
- August 10, 2026
- MLS number
- 7106242
Listing courtesy of RE/MAX Advantage Plus (Michelle Moen). MLS #7106242.
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How it compares
805 S Cedar Avenue, Owatonna, MN 55060 is a 9-bedroom single-family home built in 1896, listed for $399,900 on August 10, 2026 by RE/MAX Advantage Plus. That is in the upper quarter of the 109 single-family homes for sale in Owatonna right now (median $319,900).
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:09 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
What would the monthly payment be?
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Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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