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    Luverne, MN Apartment Buildings for Sale

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    Beaver Creek, MN Hardwick, MN Kenneth, MN Hills, MN Valley Springs, SD Adrian, MN Rock Rapids, IA Garretson, SD
    City Centre Condominium Complex
    Updated: Aug 1, 2024
    City Centre Condominium Complex

    109 E Luverne Street Units 101-336, Luverne, MN 56156

    $1,750,000
    75,000 sqft 2.22 AC lot
    Prime location in the heart of Luverne, near restaurants, shops, businesses, Luverne City Park, and the Rock River.
    Unique conversion of a historic school building into distinctive residential units.
    Enjoy the full‑court gymnasium for year‑round recreation.
    Variety of 1, 2, and 3‑bedroom units available.
    Well‑maintained building with spacious outdoor yard, community room, shared laundry, and elevator access.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Luverne, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Large Multifamily Community in Sioux Falls
    Large Multifamily Community in Sioux Falls

    4213 E 12th St, Sioux Falls, SD 57103

    $31,000,000
    240,986 sqft 9.50 AC lot

    248-unit apartment complex in established residential area.

    View details
    Two 16-Unit Apartment Buildings
    Two 16-Unit Apartment Buildings

    1411 E Rushmore Drive, Brandon, SD 57005

    $2,550,000
    12,200 sqft

    Two single-level 16-unit buildings offer zero-step entry, baseboard heating, and wall-mounted A/C, with tenants paying utilities.

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    Townhome-Style Multifamily Community
    Townhome-Style Multifamily Community

    4601 East 3rd Street, Sioux Falls, SD 57110

    Contact for pricing

    Two-story rental community with private entrances, eat-in kitchens, patios or yards, and detached single-stall garages.

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    Nine-Unit Apartment Building
    Nine-Unit Apartment Building

    100 Cliff Ave, Valley Springs, SD 57068

    Contact for pricing

    Nine-unit multifamily property on a large lot with multiple recent exterior and interior updates.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Retail-Zoned Development Land Opportunity
    Retail-Zoned Development Land Opportunity

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Off-Market Properties in Luverne, MN

    Consider similar Off-Market properties in Luverne, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    109 Luverne St
    Multifamily properties

    109 Luverne St, Luverne, MN 56156

    Value Estimation by Request
    75,000 sqft 2.22 AC lot
    View details
    109 Luverne St
    Residential income properties

    109 Luverne St, Luverne, MN 56156

    Value Estimation by Request
    75,000 sqft 2.22 AC lot
    View details
    120 Hatting St
    Residential income properties

    120 Hatting St, Luverne, MN 56156

    Value Estimation by Request
    54,000 sqft 2.53 AC lot
    View details
    109 Luverne St
    Residential income properties

    109 Luverne St, Luverne, MN 56156

    Value Estimation by Request
    25,000 sqft 2.22 AC lot
    View details
    109 Luverne St
    Multifamily properties

    109 Luverne St, Luverne, MN 56156

    Value Estimation by Request
    25,000 sqft 2.22 AC lot
    View details

    Luverne, MN Apartment Buildings Market Trends and Statistics

    Explore 6 apartment buildings for sale in Luverne, MN on our real estate platform. These investment opportunities span a total of 75,000 square feet of properties for sale, with an estimated market value of $1,750,000.

    Sale prices for two-family homes in Luverne, MN average $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 6,398
    Population Growth (5Y) +10.1%
    Median Household Income $75,234
    College Educated 36.5%

    High-Yield Neighborhoods for Investment

    Identify Luverne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56156 $4.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.88%
    Property Tax per SF $13.51 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

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