Apartment Building

Milaca, MN Apartment Buildings for Sale

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Mixed-Use Property with 6 Apartments
Updated: Sep 18
Mixed-Use Property with 6 Apartments

105 1st Street W, Milaca, MN 56353

$499,900
0.04 AC lot
Six apartments: four 1‑bedroom units and two efficiency units
All 6 residential units are currently leased
Main‑level commercial space most recently operated as a restaurant
Commercial area may support office, retail, service, or other uses subject to approvals
0.043‑acre property at 105 1st Street W, Milaca, MN 56353
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Corner Mixed-Use Property
Updated: Sep 22
Corner Mixed-Use Property

105 1st St W, Milaca, MN 56353

$499,900
5,850 sqft
5,850‑square‑foot mixed‑use property built in 1900
Six apartments: four 1‑bedroom units and two efficiency units
All 6 residential units are currently leased
Main‑level commercial space most recently operated as a restaurant
Corner location at 105 1st St W, Milaca, MN 56353
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Milaca, 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.

Turnkey 15-Unit Apartment Building
Turnkey 15-Unit Apartment Building

320 7th Ave S, Saint Cloud, MN 56301

$885,000
10,656 sqft

Four-level, all 1-bedroom community with on-site laundry and off-street paved parking for convenient tenant living.

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8-Unit One-Level Apartment Community
8-Unit One-Level Apartment Community

11024-11038 183rd Cir NW, Elk River, MN 55330

$2,400,000
1,442 sqft

A 55+ rental community completed in 2020, arranged near shopping and the Hwy 101/169 corridor.

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55+ Community Investment Opportunity
55+ Community Investment Opportunity

11038 183rd Cir NW, Elk River, MN 55330

Contact for pricing
11,536 sqft

Eight-unit, 55+ community built in 2020, great location.

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90-Unit Apartment Building
90-Unit Apartment Building

Saint Cloud, MN 56303

Contact for pricing

A multifamily property with a substantial residential unit count.

View details

Milaca, MN Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Milaca, MN on our real estate platform. These investment opportunities span a total of 5,850 square feet of properties for sale, with an estimated market value of $999,800.

Sale prices for two-family homes in Milaca, MN average $499,900 — 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 9,489
Population Growth (5Y) +1.9%
Median Household Income $77,170
College Educated 21.5%

Taxes & Financing

Tax Rate (average for all types) 2.05%
Property Tax per SF $23.30 per SF
Tax Rate vs County Average 0.07 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mille Lacs County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Milaca fall within the 25,000 to 50,000 square foot range.

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