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    Owatonna, MN
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    Owatonna, MN Apartment Buildings for Sale

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    Medford, MN Claremont, MN Waseca, MN
    Mixed-Use Building in Historic District
    $388,900
    6,200 SF

    Mixed-Use Building in Historic District

    315 N Cedar Avenue, Owatonna, MN 55060

    Well-maintained mixed-use building with retail and residential spaces.

    • Substantial 6200+ sq ft building in a blossoming downtown historic district.
    • Existing retail business operating on a 4,000+ sq ft main floor.
    • Three residential rental units (two 2‑bedroom, one studio) providing immediate income.
    • Potential to customize the main floor for various retail or office uses.
    • Includes a garage, carport, and off‑street parking for tenants.
    Updated: Feb 7, 2025
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Owatonna, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 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.

    Faribault Multifamily Investment Opportunity
    $525,000
    0.35 Acres

    Faribault Multifamily Investment Opportunity

    Seven-unit property with income potential and historic charm in Faribault.

    226 7th Street NW, Faribault, MN 55021
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    Mixed-Use Building in Downtown Faribault
    $319,000
    0.25 Acres

    Mixed-Use Building in Downtown Faribault

    Prime mixed-use property in up-and-coming downtown Faribault, Minnesota.

    12 3rd Street NE, Faribault, MN 55021
    View details
    Rochester Multifamily Investment Opportunity
    $6,500,000
    27,664 SF

    Rochester Multifamily Investment Opportunity

    26-unit multifamily property in Rochester's Uptown neighborhood, built in 2019.

    1935 2nd St SW, Rochester, MN 55902
    View details
    Rochester Multifamily Investment Opportunity
    Contact for pricing
    25,000 SF

    Rochester Multifamily Investment Opportunity

    28-unit apartment complex near Mayo Clinic's $5B project.

    1901 26th Avenue Northwest, Rochester, MN 55901
    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 Owatonna, MN

    Consider similar Off-Market properties in Owatonna, 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.

    215 22nd NW St
    APARTMENT HOUSE (5+ UNITS)
    18,332 SF
    Estimated value
    $1,945,000

    215 22nd NW St, Owatonna, MN 55060-1255

    View details
    1830 Hartle Ave
    APARTMENT HOUSE (5+ UNITS)
    4,320 SF
    Estimated value
    $535,000

    1830 Hartle Ave, Owatonna, MN 55060-4490

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    252 Broadway St
    APARTMENT HOUSE (5+ UNITS)
    4,147 SF
    Value Estimation by Request

    252 Broadway St, Owatonna, MN 55060-2404

    View details
    115 Chambers Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,200 SF
    Value Estimation by Request

    115 Chambers Ave, Owatonna, MN 55060-3067

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    612 Agnes St
    APARTMENT HOUSE (5+ UNITS)
    7,800 SF
    Estimated value
    $600,000

    612 Agnes St, Owatonna, MN 55060-3176

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    811 School St
    APARTMENT HOUSE (5+ UNITS)
    9,766 SF
    Estimated value
    $625,000

    811 School St, Owatonna, MN 55060-3183

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    245 Rice St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,796 SF
    Value Estimation by Request

    245 Rice St, Owatonna, MN 55060-3092

    View details
    135 22nd NW St
    APARTMENT HOUSE (5+ UNITS)
    13,440 SF
    Estimated value
    $1,110,000

    135 22nd NW St, Owatonna, MN 55060-1391

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    633 Agnes St
    APARTMENT HOUSE (5+ UNITS)
    10,608 SF
    Estimated value
    $850,000

    633 Agnes St, Owatonna, MN 55060-3177

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    511 Elm Ave
    APARTMENT HOUSE (5+ UNITS)
    2,870 SF
    Value Estimation by Request

    511 Elm Ave, Owatonna, MN 55060-3351

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    1212 Frontage Rd
    APARTMENT HOUSE (100+ UNITS)
    72,822 SF Lot: 6.31 Acres
    Estimated value
    $7,050,000

    1212 Frontage Rd, Owatonna, MN 55060-5692

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    219 Ml St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,544 SF
    Value Estimation by Request

    219 Ml St, Owatonna, MN 55060-3074

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    119 Chambers Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,716 SF
    Value Estimation by Request

    119 Chambers Ave, Owatonna, MN 55060-3076

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    706 Academy St
    APARTMENT HOUSE (5+ UNITS)
    13,248 SF
    Estimated value
    $1,740,000

    706 Academy St, Owatonna, MN 55060-3181

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    805 Cedar Ave
    APARTMENT HOUSE (5+ UNITS)
    3,172 SF
    Value Estimation by Request

    805 Cedar Ave, Owatonna, MN 55060-3257

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    352 Rose St
    APARTMENT HOUSE (5+ UNITS)
    14,464 SF
    Estimated value
    $625,000

    352 Rose St, Owatonna, MN 55060-2548

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    241 13th SW St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,040 SF
    Value Estimation by Request

    241 13th SW St, Owatonna, MN 55060-3953

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    614 Brg St
    APARTMENT HOUSE (5+ UNITS)
    32,676 SF
    Estimated value
    $5,485,000

    614 Brg St, Owatonna, MN 55060-2776

    View details
    285 Cedardale SE Dr
    APARTMENT HOUSE (5+ UNITS)
    7,905 SF
    Estimated value
    $660,000

    285 Cedardale SE Dr, Owatonna, MN 55060-4425

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    308 Cedar Ave
    APARTMENT HOUSE (5+ UNITS)
    8,095 SF
    Estimated value
    $505,000

    308 Cedar Ave, Owatonna, MN 55060-2951

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    328 Pne Ave
    APARTMENT HOUSE (5+ UNITS)
    7,260 SF
    Value Estimation by Request

    328 Pne Ave, Owatonna, MN 55060-2572

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    217 School St
    APARTMENT HOUSE (5+ UNITS)
    3,729 SF
    Value Estimation by Request

    217 School St, Owatonna, MN 55060-2949

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    1208 3rd NE Ave
    APARTMENT HOUSE (5+ UNITS)
    7,318 SF
    Estimated value
    $645,000

    1208 3rd NE Ave, Owatonna, MN 55060-1788

    View details

    Owatonna, MN Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Owatonna, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for two-family homes in Owatonna, MN start at $0.00, averaging $0.00, and reaching up to $0.00 — 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 32K
    Population Growth (5Y) +0.2%
    Median Household Income $84,408
    College Educated 34.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55060 $388.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $3.69 per sq ft
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

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