Owatonna, MN Residential income properties for sale

Owatonna Commercial Building with Apartments

$388,900

0.12 Acres

Owatonna Commercial Building with Apartments

315 N Cedar Ave, Owatonna, MN 55060

Well-maintained commercial building with retail space and residential apartments.

Over 6200 finished square feet in a well‑maintained building.
Located in a blossoming downtown historic district.
4,000+ sq ft main floor suitable for retail or office space with a kitchenette.
Three residential rental units (two 2‑bedroom apartments and one studio apartment) providing rental income.
Off‑street parking including a garage and carport for tenants.

Updated: Jan 19

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$425,000

Light-Filled Townhome with Quality Finishes

2065 Raspberry Ridge Pl NE, Owatonna, MN 55060

Tastefully finished townhome with flowing floor plan and natural privacy.

Low‑maintenance living allows for travel and flexibility.
High‑quality finishes and a thoughtfully designed, flowing floor plan.
Updated with modern amenities and move‑in ready.
Abundant storage solutions throughout the home.
Cambria kitchen countertops, granite hutch, and oversized island.

Updated: Aug 26, 2025

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$354,900

1,511 SF

Immaculate Two-Bedroom Townhome

Like-new, single-level townhome with heated garage and modern finishes.

2882 Meadowview Ln NE, Owatonna, MN 55060

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$442,500

4,792 SF

Owatonna 7-Unit Apartment Building

Historic Charm, Excellent Cash Flow

717 Cedar Ave, Owatonna, MN 55060

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Explore Opportunities in Nearby Cities

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

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 St NE, Faribault, MN 55021

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$450,000

4,781 SF

Faribault 5-Unit Apartment Building

Historic Charm, Prime Location, Strong Rental Income

520 Ravine St, Faribault, MN 55021

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$545,000

1,570 SF

Main Floor Living Townhome

Custom-designed townhome with main floor living and association-maintained landscaping.

1907 Erie Dr, Northfield, MN 55057

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$549,000

Detached Townhome in Spring Creek

Custom townhome with main floor living in Northfield, MN.

2019 Erie Dr, Northfield, MN 55057

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Explore 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.

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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531 Oak Ave

APARTMENT HOUSE (5+ UNITS) • 3,369 SF

Value Estimation by Request

531 Oak Ave, Owatonna, MN 55060-3259

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219 13th SW St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,836 SF

Value Estimation by Request

219 13th SW St, Owatonna, MN 55060-3951

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585 Adams NW Ave

APARTMENT HOUSE (5+ UNITS) • 11,490 SF

Value Estimation

$920,000

585 Adams NW Ave, Owatonna, MN 55060-2285

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1917 Hartle Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,045 SF

Value Estimation by Request

1917 Hartle Ave, Owatonna, MN 55060-4493

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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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2480 Saint Paul Rd

APARTMENT HOUSE (5+ UNITS) • 43,056 SF

Value Estimation

$2,900,000

2480 Saint Paul Rd, Owatonna, MN 55060-2455

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227 13th SW St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,983 SF

Value Estimation by Request

227 13th SW St, Owatonna, MN 55060-3952

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1512 Saint Paul Rd

APARTMENT HOUSE (5+ UNITS) • 26,664 SF

Value Estimation

$1,125,000

1512 Saint Paul Rd, Owatonna, MN 55060-1584

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1120 School St

APARTMENT HOUSE (5+ UNITS) • 5,328 SF

Value Estimation by Request

1120 School St, Owatonna, MN 55060-3163

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4190 50th St

BOARDING/ROOMING HOUSE • 9.30 Acres

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4190 50th St, Owatonna, MN 55060

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421 State Ave

APARTMENT HOUSE (5+ UNITS) • 4,728 SF

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421 State Ave, Owatonna, MN 55060-2200

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560 Rose St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,772 SF

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560 Rose St, Owatonna, MN 55060-2661

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250 21st NW St

APARTMENT HOUSE (5+ UNITS) • 9,140 SF

Value Estimation

$950,000

250 21st NW St, Owatonna, MN 55060-1262

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909 Vine St

APARTMENT HOUSE (5+ UNITS) • 6,912 SF

Value Estimation

$560,000

909 Vine St, Owatonna, MN 55060-2652

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595 Adams NW Ave

APARTMENT HOUSE (5+ UNITS) • 4,268 SF

Value Estimation by Request

595 Adams NW Ave, Owatonna, MN 55060-2286

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1909 Hartle Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 1,794 SF

Value Estimation by Request

1909 Hartle Ave, Owatonna, MN 55060-4495

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222 Grv Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,854 SF

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222 Grv Ave, Owatonna, MN 55060-3047

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195 24th NW Pl

APARTMENT HOUSE (5+ UNITS) • 54,392 SF

Value Estimation

$3,045,000

195 24th NW Pl, Owatonna, MN 55060-1608

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107 22nd NW St

APARTMENT HOUSE (5+ UNITS) • 11,484 SF

Value Estimation

$945,000

107 22nd NW St, Owatonna, MN 55060-6200

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Owatonna, MN Residential Income Properties Investment Opportunities Market Analysis

Explore 90 residential income properties for sale in Owatonna, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 962,415 square feet of properties for sale, with an estimated market value of $8,566,400.

Prices for residential income properties in Owatonna, MN start at $240,000, averaging $1,713,280, and reaching up to $6,910,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

Owatonna, MN Residential Income Properties for Sale

Owatonna Commercial Building with Apartments

Well-maintained commercial building with retail space and residential apartments.