Blue Earth Real Estate

Blue Earth Real Estate

Welcome to Blue Earth, Minnesota—a charming city nestled in the heart of Faribault County, where small-town warmth meets the beauty of nature. Known for its rich history and vibrant community spirit, Blue Earth is a place where residents enjoy a high quality of life and a deep sense of belonging.

Blue Earth is perhaps best known for its iconic green giant statue, a beloved landmark that symbolizes the town’s agricultural roots and friendly atmosphere. The city boasts a quaint downtown area filled with local shops, restaurants, and cafes, making it a delightful place to stroll and explore. From seasonal farmers' markets to annual festivals, there’s always something happening in this close-knit community.

Nature lovers will appreciate the stunning landscapes surrounding Blue Earth, which offer a wealth of outdoor activities. The nearby Blue Earth River is perfect for fishing, kayaking, and enjoying serene walks along its banks, while the area's parks provide ample opportunities for picnicking, hiking, and family gatherings.

Education is a priority in Blue Earth, with strong schools that foster academic excellence and personal growth. The community is also home to various recreational facilities, including sports fields and community centers, ensuring that residents of all ages can stay active and engaged.

Whether you're looking to relocate or invest in a property, Blue Earth, MN, offers a unique blend of tranquility and opportunity. Discover the charm of this picturesque city and become part of a community that values connection, heritage, and a bright future.

Newest Listings in Blue Earth

$419,900
ACTIVE Status 7015348 MLS
The Oaks Apartments are located in an "Opportunity Zone." The Oaks offers a 9.1 Cap Rate, a 5.4 GRM, 10% Cash on Cash 1st year with a 1.25 DSCR loan at a 51% operating expense ratio. There are eleven units with a mix of two studio, three one bedroom, five two bedroom, and one three bedroom apartments. The units are well maintained with all repair and maintenance issues addressed promptly and professionally. The Oaks Apartments offers a low vacancy and turn over rate. There are a few legacy tenants. There is plenty of parking for residents and guests. The coin operated washer and dryer on site are owned by the seller and included in the sale. Low maintenance vinyl and stone exterior with a metal roof. The Oaks runs like a well oiled machine! The Oaks Apartments was formerly the Beacon Motel. It was repourposed in the early 2000's. It has a metal roof and vinyl siding. Each unit pays their own natural gas and electric billing with individual metering. Each unit has an electric breaker panel and dedicated furnace. Ten of the units have central air. The owner pays water/sewer, water softener rental and salt delivery, garbage, common gas and electric. There is one set of coin operated washer and dryer. They are owned by the seller and included with the sale. The laundry room is set up for two washing machines and two dryers. The owner pays for hot water. There are two water heaters. One is gas and one is electric.

905 E 5th Street, Blue Earth

Listing courtesy of RE/MAX Results.

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