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    Park Rapids, MN
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    Park Rapids, MN Apartment Buildings for Sale

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    Menahga, MN Nevis, MN Osage, MN Akeley, MN Lake George, MN Frazee, MN Sebeka, MN Laporte, MN
    Mixed-Use Rental Building
    Updated: Apr 11
    Mixed-Use Rental Building

    501 1st Street E, Park Rapids, MN 56470

    Contact for pricing
    Mixed‑use property with six furnished apartments that are currently rented
    Includes commercial/retail space, office spaces, and plenty of garage storage
    Various areas of the building have been updated and renovated within the past few years
    Boiler was recently replaced
    Located just off Hwy 34 near the Fish Hook River and Heartland Park
    View details
    Mixed-Use Building with Retail Units
    Updated: Apr 13
    Mixed-Use Building with Retail Units

    123 Main Avenue South, Park Rapids, MN 56470

    Contact for pricing
    Mixed‑use building on Park Rapids Main Avenue with 5 commercial units and 8 apartments
    Established commercial property with an excellent rental history
    Stable and consistent rental income per the seller’s rental history
    Directions: from Hwy 71/34, go west on Hwy 34 to Main Avenue, then south on Main Avenue to the property on the right
    View details
    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 9 Potential Opportunities for your consideration. Besides 2 Active listings in Park Rapids, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Historic Mixed-Use Property
    Historic Mixed-Use Property

    601 Washington Street, Brainerd, MN 56401

    $589,900
    0.43 AC lot

    Turnkey restaurant space combines existing equipment with upper-level residential and street-facing commercial rental income.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    1401 Norwood St, Brainerd, MN 56401

    $369,000
    0.17 AC lot

    Apartment property with a varied unit mix, month-to-month occupancy, and an included additional lot.

    View details
    Updated 17-Unit Apartment Buildings
    Updated 17-Unit Apartment Buildings

    1209 S 20th, Moorhead, MN 56560

    $895,000

    Three updated apartment buildings are available together or individually.

    View details
    Updated Apartment Buildings
    Updated Apartment Buildings

    1301 20th St S, Moorhead, MN 56560

    $895,000

    Three neighboring apartment buildings offer flexible acquisition as a group or individually.

    View details

    Off-Market Properties in Park Rapids, MN

    Consider similar Off-Market properties in Park Rapids, 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.

    501 Gilbert S Ave
    HIGH-RISE APARTMENTS

    501 Gilbert S Ave, Park Rapids, MN 56470-1621

    $285,000
    Estimated value
    5,536 sqft 0.32 AC lot
    View details
    1006 Crocus Hl E St
    APARTMENT HOUSE (5+ UNITS)

    1006 Crocus Hl E St, Park Rapids, MN 56470-5419

    $810,000
    Estimated value
    33,268 sqft 15.68 AC lot
    View details
    300 Ct Ave
    HIGH-RISE APARTMENTS

    300 Ct Ave, Park Rapids, MN 56470-1413

    $490,000
    Estimated value
    12,378 sqft 1.33 AC lot
    View details

    Park Rapids, MN Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Park Rapids, MN on our real estate platform.

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    Demographics Overview

    Population 11K
    Population Growth (5Y) +2.5%
    Median Household Income $68,351
    College Educated 40.7%

    Taxes & Financing

    Tax Rate (average for all types) 2.12%
    Property Tax per SF $39.03 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hubbard County

    New Delisted

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    Most Searched ZIP Codes in Park Rapids, MN

    • 56470

    Featured Park Rapids Real Estate Agencies

    Realmo connects you with licensed Park Rapids CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Wolff & Simon Real Estate
    1217 1st Street East Park Rapids, MN 56470
    Phone: 12182377770
    www.WolffSimonRealestate.com

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