Redwood Falls, MN
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    Redwood Falls, MN Apartment Buildings for Sale

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    Clements, MN Morgan, MN Fairfax, MN
    Downtown Redwood Falls Mixed-Use Opportunity
    $144,888
    10,000 SF
    Downtown Redwood Falls Mixed-Use Opportunity

    230/234/240 S Washington Street, Redwood Falls, MN 56283

    Four parcels in thriving downtown district with development potential.
    • Prime Downtown Location: High visibility in Redwood Falls' thriving downtown.
    • Significant Square Footage: Approximately 10,000 sq ft of commercial space and 6,800 sq ft for potential apartments.
    • Development Potential: Vacant lot for parking or development; create multiple commercial units and 10‑12 apartments.
    • Flexible Configuration: Reconfigure buildings into multiple commercial units with separate entrances.
    • Historic Features: Salvaged original wood trim and vintage appliances offer unique restoration opportunities.
    Updated: Jul 24, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Redwood Falls, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Multifamily Property with Historic Charm
    $899,900
    0.53 Acres
    Multifamily Property with Historic Charm

    Well-maintained 9-unit multifamily property with historic charm and modern updates.

    215 S 5th Street, Montevideo, MN 56265

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    Arlington Mixed-Use Investment Opportunity
    $325,000
    12,000 SF
    Arlington Mixed-Use Investment Opportunity

    Mixed-use property with commercial and residential units in Arlington, MN.

    418 W Main Street, Arlington, MN 55307

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    Montevideo Multifamily Investment Opportunity
    $924,900
    8,619 SF
    Montevideo Multifamily Investment Opportunity

    Nine-unit multifamily property in Montevideo's stable rental market.

    215 S 5th St, Montevideo, MN 56265

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    Commercial/Industrial
    $325,000
    10,897 SF
    Commercial/Industrial

    Mixed-use properties · 10,897 SF

    418 W Main Street, Arlington, MN 55307

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    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

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    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

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    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

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    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

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    Redwood Falls, MN Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Redwood Falls, MN on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale, with an estimated market value of $144,888.

    Sale prices for two-family homes in Redwood Falls, MN start at $144,888, averaging $144,888, and reaching up to $144,888 — 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 6,469
    Population Growth (5Y) +2.8%
    Median Household Income $66,548
    College Educated 31.9%

    High-Yield Neighborhoods for Investment

    Identify Redwood Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56283 $144.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.22%
    Property Tax per SF $11.46 per SF
    Tax Rate vs County Average 0.10 pp below county avg
    Average Loan-to-Value 65.0%

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