20 5th Street E, Halstad, MN 56548

New Listing
$89,900
Property Type: Multi-Family Bedrooms: 6 Baths: 6 Square Footage: 4,087 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $89,900 List Date: 5/12/2026 Last Modified: 5/12/2026

Overview

Description

Investment opportunity in Halstad! This triplex features three spacious apartments, each offering 2 bedrooms, 2 bathrooms, and in-unit laundry. Great layout and strong potential for rental income after improvements. Property is being sold AS-IS and priced well below assessed value to account for needed remodeling and updates. Excellent opportunity for investors, flippers, or buyers looking to build equity. • Triplex • 3 units total • Each unit: 2 bed / 2 bath • In-unit laundry in every apartment • Strong value-add potential • Sold as-is Bring your vision and turn this property into a great income-producing asset! Message for more details or to schedule a showing.

Listing Details MLS# 7069310

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1950
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family, Residential-Single Famil
Main Floor Total SqFt
3087
Above Ground SqFt
3087
Below Grd Total SqFt
1000
Total SqFt
4087
Foundation Size
4033
Style
(MF) Triplex
Total Finished Sqft
3087.00
Garage Stalls
3
Lot Dimensions
216x141
Acres
0.22
Assessment Pending
No

Property Features

Accessible: None Basement: Unfinished Construction Status: Previously Owned Exterior: Steel Siding Foundation: Concrete Perimeter Fuel: Electric; Propane Heating: Baseboard; Dual Fuel/Off Peak; Forced Air Laundry: In Unit Lock Box Type: Combo Owner Pays: None Parking Characteristics: Paved Lot Road Frontage: City Street Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: One Tenant Pays: All Utilities Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Cooling: Wall Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
89900
ListPrice
89900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
20
Street Name
5th
Street Suffix
Street
Street Direction Suffix
E
Postal City
Halstad
County
Norman
State
MN
Zip Code
56548
Complex/Dev/Subdivision
Suleruds 2nd Add

Assessments

Assessment Balance
789.32
Assessment Installment
578.7
Tax With Assessments
3446

Building Information

Finished SqFt Above Ground
3087

More Information

Income and Expenses

Annual Gross Expenses
10000
Annual Gross Income
21600
Annual Insurance Expense
2000
Total Annual Expenses
10000
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Unit 1

Furnished?
No
Leased?
No
Unit Number
Yes
3/4 Baths
Yes
Annual Rent
7200
Finished SqFt
1000
Full Baths
Yes
Monthly Expense
200
Monthly Rent
600
No. of Units Like This
3
Total Baths
2
Total Bedrooms
2
Total Rooms
6

Unit Details

Total Units
3

Office/Member Info

Association
FMR

Location, Tax and Other Information

Legal Description
S 142 FT. OF W 70 FT. LOT 1 SULERUDS 2ND ADD.
Listing City
Halstad
Map Page
999
Municipality
Halstad
School District
Norman County West
School District Phone
218-861-5800
Zip Plus 4
9103
Property ID Number
283537000
Tax Year
2025
Tax Amount
3446
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Investment opportunity in Halstad! This triplex features three spacious apartments, each offering 2 bedrooms, 2 bathrooms, and in-unit laundry. Great layout and strong potential for rental income after improvements. Property is being sold AS-IS and priced well below assessed value to account for needed remodeling and updates. Excellent opportunity for investors, flippers, or buyers looking to build equity. • Triplex • 3 units total • Each unit: 2 bed / 2 bath • In-unit laundry in every apartment • Strong value-add potential • Sold as-is Bring your vision and turn this property into a great income-producing asset! Message for more details or to schedule a showing.
Directions
turn East on 5th street off hwy 75.

Accessible

None
Yes

Basement

Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Steel Siding
Yes

Foundation

Concrete Perimeter
Yes

Fuel

Electric
Yes
Propane
Yes

Heating

Baseboard
Yes
Dual Fuel/Off Peak
Yes
Forced Air
Yes

Laundry

In Unit
Yes

Lock Box Type

Combo
Yes

Owner Pays

None
Yes

Parking Characteristics

Paved Lot
Yes

Road Frontage

City Street
Yes

Roof

Age Over 8 Years
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

No. of Ranges

Three
Yes

No. of Refrigerators

Three
Yes

Tenant Pays

All Utilities
Yes

Unit 1 Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Cooling

Wall
Yes
Listing Office: Dakota Plains Realty
IDX
Last Updated: May - 12 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.