$449,900

18 NE Schmitz Street, Adams MN, 55909

Price per sqft$70.18

Built in1979

Property size6,411 sqft

Property typeCommercial

Courtesy of Compass, Geoffrey S Serdar Listing Contact:

Overview

Active

Listed Jan 11, 2026

Updated Aug 27

Well-maintained 8-unit apartment building located in Adams. The property features a balanced unit mix of six 2-bedroom units and two 1-bedroom units. The building is configured with two separate coin-operated laundry rooms, one serving each section of the property. Electric utilities are separately metered, and electric heat is provided, allowing residents to manage their own utility usage. The property currently operates with on-site management, which is available to remain in place or may transition at the discretion of new ownership. Existing leases allow for 30-day notice to vacate following a change in ownership, offering operational flexibility.

Additional information

MLS^® ID: 7006896

Interior Features

Bedrooms: 14
Bathrooms: 8
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.7 Acres

Other Property Details

Taxes: $6,856
Tax Frequency: Annually
Maintenance Expense: $1,025

Listings courtesy of Northstar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 10:39 AM UTC on 8/27/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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