Main Property Photo
Property Photo 2
Property Photo 3
Property Photo 4
Property Photo 5

107 3rd S Avenue
Sauk Rapids, MN 56379

Price
$1,650,000

MLS #
6772661

Status
Active

Built in 1965

18,773 Sq Ft

Benton County

Description
Village View Apartments were well built in the mid 1960's with brick walls and gabled, asphalt shingle roofs. The 21 units are composed of an 8 unit building (117 3rd Ave S), a 12 unit building (107 3rd Ave S) and the house next door (210 1st St). The apartment buildings and house on .92 acre, half block and share an alley with US Bank and an office building. The property is just around the corner from Coborn's Grocery and the bus line. The apartments are good size, comfortable, with good natural light, full bath, eat in kitchen, and large living room and are well located - making them easy to rent. Since 2017, the buildings have been consistently maintained - new roof in 2020, bath floor & closet updates, kitchen repairs, tuck point repair 2023, etc... Current rents are below market and offer the new owner the opportunity to increase cash flow. (See pictures for rent roll and proforma).

School District
Sauk Rapids-Rice

2024 Property Taxes
$11,398

Directions
Around the corner from Sauk Rapids Coborn's Grocery.

Zoning
Residential-Multi-Family Zone

Features


Utilities
Electric Separate

Cooling
Wall Unit(s)

Heating
Boiler

Sewer
City Sewer/Connected

Water
Public

Additional Info


Listed By
Josh Bloom of Bloom Commercial Real Estate

Listed
08/14/25 and last updated 11/12/25

northstar Logo

Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Calculate Your Monthly Payments

Taxes:

Estimated Payment:

$0

Total Interest:

$0

Total Amount:

$0

Similar Listings