Advertise
    Luverne, MN
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Luverne, MN Apartment Buildings for Sale

    Notify Me
    List
    Map
    Beaver Creek, MN Kenneth, MN Hills, MN
    Luverne Multifamily Investment Opportunity
    $1,750,000
    2.22 Acres
    Luverne Multifamily Investment Opportunity

    109 E Luverne Street, Luverne, MN 56156

    32-unit complex in Luverne, near amenities and recreation.
    • Unique conversion of a historic school building into residential condos.
    • Full‑court gymnasium for year‑round recreation.
    • Convenient location in the heart of Luverne, near restaurants, shops, and parks.
    • Elevator access to upper floors.
    • Spacious outdoor yard and community room for events.
    Updated: Jul 30, 2024
    View details
    New Multifamily Property with Amenities
    $7,000,000
    New Multifamily Property with Amenities

    120 W Hatting St, Luverne, MN 56156

    Multifamily property built in 2023 with assumable HUD loan.
    • Assumable HUD Loan: $5,360,000 at 5.46% with a 35‑year term.
    • Newly Constructed in 2023: Benefit from modern construction and design.
    • Energy Efficient Design: Built to EnergyStar, Indoor AirPlus, and Zero Energy Ready Home Standards.
    • In‑Suite Washer/Dryer: Provides convenience for tenants.
    • EV Charging Stations: Appeals to electric vehicle owners.
    Updated: Feb 9
    View details
    City Centre Condominium Complex
    $1,750,000
    75,000 SF
    City Centre Condominium Complex

    32-unit complex in Luverne, featuring a full gymnasium.

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

    View details
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 3 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.

    Sioux Falls Multifamily Investment Opportunity
    $6,250,000
    70,272 SF
    Sioux Falls Multifamily Investment Opportunity

    Two 42-unit buildings with remodeled units and high occupancy.

    3400-3404 East 11th Street, Sioux Falls, SD 57103

    View details
    Sixteen-Unit Multifamily Property For Sale
    $1,350,000
    14,516 SF
    Sixteen-Unit Multifamily Property For Sale

    Fully leased multifamily property with recent renovations and garage stalls.

    510 N. 5th Street, Beresford, SD 57004

    View details
    Multifamily Investment Opportunity
    $700,000
    14,516 SF
    Multifamily Investment Opportunity

    Fully leased multifamily property with recent renovations and garage stalls.

    510 N. 5th Street, Beresford, SD 57004

    View details
    Large Multifamily Community in Sioux Falls
    $31,000,000
    240,986 SF
    Large Multifamily Community in Sioux Falls

    248-unit apartment complex in established residential area.

    4213 E 12th St, Sioux Falls, SD 57103

    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.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres
    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072

    View details
    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres
    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

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

    215 N Bear Creek Road, Asheville, NC 28806

    View details

    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
    75,000 SF Lot: 2.22 Acres
    Value Estimation by Request

    109 Luverne St, Luverne, MN 56156

    View details
    109 Luverne St
    Residential income properties
    75,000 SF Lot: 2.22 Acres
    Value Estimation by Request

    109 Luverne St, Luverne, MN 56156

    View details
    120 Hatting St
    Residential income properties
    54,000 SF Lot: 2.53 Acres
    Value Estimation by Request

    120 Hatting St, Luverne, MN 56156

    View details
    109 Luverne St
    Residential income properties
    25,000 SF Lot: 2.22 Acres
    Value Estimation by Request

    109 Luverne St, Luverne, MN 56156

    View details
    109 Luverne St
    Multifamily properties
    25,000 SF Lot: 2.22 Acres
    Value Estimation by Request

    109 Luverne St, Luverne, MN 56156

    View details

    Luverne, MN Apartment Buildings Investment Opportunities Market Analysis

    Explore 8 apartment buildings for sale in Luverne, MN, showcased through 3 active listings 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 start at $1,750,000, averaging $1,750,000, and reaching up to $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.

    List
    Map

    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 $3.5M

    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%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Luverne, MN

    Popular Categories

    Most Searched ZIP Codes in Luverne, MN

    • 56156

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!