18 NE Schmitz Street, Adams, MN 55909

$449,900$
14 Beds
8 Baths
0 SqFt
0.7 Acres
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$449,900$
18 NE Schmitz Street
Adams, MN, 55909
MLS #NST7006896 image #0MLS #NST7006896 image #1MLS #NST7006896 image #2MLS #NST7006896 image #3MLS #NST7006896 image #4MLS #NST7006896 image #5MLS #NST7006896 image #6MLS #NST7006896 image #7MLS #NST7006896 image #8MLS #NST7006896 image #9

About 18 NE Schmitz Street

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.
Listing Provided Courtesy of Compass

18 NE Schmitz Street Property Details

Price:
$449,900
MLS #:
NST7006896
Status:
Active
Beds:
14
Baths:
8
Type:
Commercial
Subdivision:
Mays 1st Add
Listed Date:
Jan 11, 2026
Total Sq Ft:
6,411
Lot Size:
30,623 sqft / 0.70 acres (approx)
Year Built:
1979
Mays 1st AddSouthland

Schools

School District:
Southland

Interior Features

Appliances
Range, Refrigerator
Cooling
Wall Unit(s)
Heating
Baseboard
Levels
Two

Exterior & Lot Features

Accessibility Features
None
Exterior Features
Stone, Vinyl
Parking Features
Gravel
Roof
Asphalt

Property Taxes & Financial Details

Maintenance Fee
$1,025
Net Operating Income
$50,400
Tax Year
2026
Taxes
$6,856
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18 NE Schmitz Street
Adams, MN
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David Gooden

David Gooden

David Gooden & Co
The Dane Arthur Agency

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