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Melrose, MN Apartment Buildings for Sale

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12-Unit Apartment Building
Updated: Sep 21
12-Unit Apartment Building

190 Country Club Road SW, Melrose, MN 56352

$1,050,000
24,572 sqft
12 apartments; 100% occupied and professionally managed
10 two‑bedroom, two‑bath units and 2 one‑bedroom, one‑bath units with a den
An attached garage is included with every apartment
Coin‑operated laundry on site
Roofing and siding completed in 2025
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Melrose, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

16-Unit Apartment Community
16-Unit Apartment Community

Saint Cloud, MN 56303

Contact for pricing
20,240 sqft 1.00 AC lot

Three-bedroom apartments include private decks, complemented by controlled entry and shared laundry facilities.

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Six-Unit Apartment Building
Six-Unit Apartment Building

81 Linden Avenue W, Kimball, MN 55353

$439,900
0.36 AC lot

Each residence has separate gas and electric meters, with detached garages and off-street tenant parking.

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Stabilized Multifamily Apartment Complex
Stabilized Multifamily Apartment Complex

Saint Cloud, MN 56301

Contact for pricing
35,822 sqft

Three well-maintained apartment buildings total 28 units with one- and two-bedroom floor plans and on-site laundry.

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Six-Unit Multifamily Building
Six-Unit Multifamily Building

81 Linden Avenue W, Kimball, MN 55353

$439,900

Six one-bedroom, one-bath units are separately metered for gas and electricity on a corner lot.

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Melrose, MN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Melrose, MN on our real estate platform. These investment opportunities span a total of 24,572 square feet of properties for sale, with an estimated market value of $1,050,000.

Sale prices for apartment complexes in Melrose, MN average $1,050,000 — 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 5,955
Population Growth (5Y) -1.1%
Median Household Income $71,356
College Educated 26.4%

Taxes & Financing

Tax Rate (average for all types) 2.38%
Property Tax per SF $53.54 per SF
Tax Rate vs County Average 0.42 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Stearns County

New Delisted

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