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Wells, MN Apartment Buildings for Sale

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10-Unit Apartment Building
Updated: Feb 3
10-Unit Apartment Building

10 1st Avenue NW, Wells, MN 56097

$315,000
0.16 AC lot
10 apartments: 2 studios, 4 one‑bedroom units, and 4 two‑bedroom units
One vacant two‑bedroom apartment is being remodeled
Owner‑provided, non‑coin‑operated washer and dryer
Unfinished basement used for storage and supplies, plus additional rental storage spaces
Built in 1948 on a 0.16‑acre parcel
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Wells, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

138 N Main St, Janesville, MN 56048

$475,000
12,361 sqft

Seven renovated apartments accompany three commercial suites in a downtown building with additional lower-level space.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

03-307-309 2nd Street NW, Waseca, MN 56093

$525,000
0.54 AC lot

Combination of occupied apartments and self-storage units supports two established commercial uses.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

138 N Main Street, Janesville, MN 56048

$475,000
0.28 AC lot

The property combines residential units, commercial suites, and additional lower-level space.

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Mixed-Use Property with Storage
Mixed-Use Property with Storage

307-309 2nd Street Northwest, Waseca, MN 56093

Contact for pricing

The nine apartments are fully occupied, and tenants pay their own heat and electric.

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Off-Market Properties in Wells, MN

Consider similar Off-Market properties in Wells, 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.

400 4Th Ave
Multifamily properties

400 4Th Ave, Wells, MN 56097

Estimated value: by Request
21,284 sqft 5.19 AC lot
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Wells, MN Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Wells, MN on our real estate platform.

Sale prices for apartment complexes in Wells, MN average $315,000 — 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 3,593
Population Growth (5Y) -3.4%
Median Household Income $63,646
College Educated 26.2%

Taxes & Financing

Tax Rate (average for all types) 2.90%
Property Tax per SF $26.96 per SF
Average Loan-to-Value 65.0%

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