Apartment building (12 residential units) with commercial unit
Hammer Straße 292, 48153 Düesbergviertel, Nordrhein-Westfalen
Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.
Appraised value
€1,750,000
Auction date
7 October 2026
09:00
Of which, per parcel
- Parcel 176€692,000
- Parcel 177€1,059,000
Amounts per parcel as stated in the appraisal. Whether the parts are auctioned separately or only together is set out in the official auction notice.
Partition auction
This procedure dissolves a joint ownership. Several co-owners hold the property together and bid against each other.
Appraised value
€1,750,000
Of which, per parcel
- Parcel 176€692,000
- Parcel 177€1,059,000
Amounts per parcel as stated in the appraisal. Whether the parts are auctioned separately or only together is set out in the official auction notice.
Minimum bid: below €875,000 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €1,225,000 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.
Auction date
7 October 2026 · 09:00
Local court
Auction venue
Amtsgericht Münster, Gebäudeteil Eingang B, Gerichtsstr. 2-6, 48149 Münster, Etage 1., Sitzungssaal 101 B
Case number
0009 K 0004/2026
Procedure
Partition auction
Next steps
Wednesday, 30 September 2026
- €175,000 (10% of the appraised market value)
- By bank transfer to the court cash office
- The court must have the money before the auction starts
Alternative: a crossed cheque or a bank guarantee at the hearing (§ 69 ZVG)
Wednesday, 7 October 2026
- 09:00
- Amtsgericht Münster in Nordrhein-Westfalen
approx. November 2026
The court sets the deadline, roughly 6 weeks after the award
Documents
Official court records, free to download.
Klaava Pro reads them for you: condition, defects, land register and valuation.
The ZVG portal only serves case pages inside its own site, so this route goes through Klaava.
The data comes from zvg-portal.de, the official portal of the German federal states.
Closing costs
Bid amount
State
Total investment
€1,314,425
€1,225,000 purchase price + €89,425 closing costs
10% of the appraised market value (§ 68 ZVG). You lodge it before the auction date. On award it counts towards your bid, otherwise you get it back. That is why it sits outside the total above.
No estate agent, no notarised purchase contract. Saving against a normal purchase approx. €62,108 (~5.1%)
Estimates. They create no legal claim.
Key facts
Property type
Mehrfamilienhaus
Living area
889 m²
Price per m²
€1,969
Plot size
1,114 m²
Year built
approx. 1950
Occupancy
Let
Town
48153 Düesbergviertel
Property description
Two apartment buildings forming an economic unit on Hammer Straße in Münster, in the Düesbergviertel and around 3.3 km as the crow flies from the city centre. The front building Hammer Straße 292 was built in 1954 and is three-storey with a cellar, while the rear building 292a/292b dates from 1950, is single-storey with a converted attic and partly cellared.
Together the buildings comprise 12 residential units and one office unit with a total of around 889 m² of living and usable floor space as well as four garages from 1996. Some of the flats and the office unit have been vacant since May and June 2024 respectively, the remaining units are let, the calculated annual gross income of both properties amounts to around 96,660 €.
The condition is age-appropriate with considerable need for maintenance and modernisation, including damp damage to cellar walls, joint damage to the façades and partly still single-glazed windows in the stairwell. The noise-affected location on the heavily trafficked Hammer Straße and the maintenance backlog offer potential for value-enhancing refurbishment.
Klaava Pro
What Pro adds for this property
- 9 findings from the appraisal, 1 of them rated severe
- Valuation: Income approach, Property yield rate
- 2 entries in section II, meaning encumbrances and restrictions
- 13 units with floor area, actual rent and market rent
- Timeline of modernisation work, with years
- Energy: Heating type, Energy source
- More key facts: Remaining useful life and 2 more
- 36 more photos of this property
Official property description
The court’s wording
Bei den zu versteigernden Objekten handelt es sich um zwei Mehrfamilienhäuser die im Düesbergviertel liegen.
Lfd Nr. 1 des Bestandsverzeichnisses bebaut mit:
Mehrfamilienhaus, BJ 1950,Teilkeller, EG, DG ausgebaut, Spiztboden tlw ausgebaut, 4 Wohneinheiten,
Hammer Str. 292a, 292 b; vermietet
Lfd Nr. 2 des Bestandsverzeichnisses bebaut mit;
Mehrfamilienhaus, BJ 1954, Keller, EG, 1. + 2. OG, DG nicht ausgebaut, 8 Wohneinheiten,1 Büroeinheit, 4 Garagen, BJ 1996; teilweise vermietet
Hammer Str. 292
-Teilweise Innenbesichtigung
- Es bestehen zwischen den beiden bebauten Grundstücken verschiedene Verflechtungen wie z.B. gegenseitige Hofzufahrten, gemeinsame Hausanschlüsse, gemeinschaftlich genutzte Stellplatzflächen etc. Insofern bilden die zwei Bewertungsgrundstücke zum Wertermittlungsstichtag eine wirtschaftliche Einheit.
Wertermittlungs- und Qualitätsstichtag ist der 02.10.2024.
English translation
The properties to be auctioned are two apartment buildings located in the Düesbergviertel.
Current no. 1 of the land register schedule built with:
Apartment building, year of construction 1950, partial cellar, ground floor, converted attic, gable loft partly converted, 4 residential units,
Hammer Str. 292a, 292b; let
Current no. 2 of the land register schedule built with:
Apartment building, year of construction 1954, cellar, ground floor, 1st + 2nd floor, attic not converted, 8 residential units, 1 office unit, 4 garages, year of construction 1996; partly let
Hammer Str. 292
-Partial internal inspection
- Various interconnections exist between the two developed plots, such as mutual yard accesses, shared house connections, jointly used parking areas etc. In this respect the two valuation plots form an economic unit as at the valuation date.
Valuation and quality date is 02.10.2024.
Wording of the local court, taken from the official auction notice.
All information is given without warranty. The information shown was extracted automatically from official documents using AI and can be incomplete or wrong. Klaava accepts no liability for decisions made on the basis of this data. Only the official notices of the competent local court and the valuation report are authoritative.
What the surveyor's report says
Construction
Massive Bauweise mit Ziegelfassaden, teilunterkellert bis unterkellert. Satteldach beziehungsweise Sattel-/Walmdach mit Dachziegeln aus Beton beziehungsweise Ton. Kunststofffenster, doppelt verglast, teils erneuert.
Findings of the surveyor · 9 findings
- Basement
- Interior fit-out (3)
- Facade (2)
- Roof
- Heating
- Grounds
Read out of the market value report written by the court-appointed surveyor.
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