16-Unit Apartment
415 E Lincoln Street, Luverne, MN 56156
For Sale
New
$1,200,000
Commercial Sale, Luverne, MN
Property SizeContact for details
Lot Size0.31 Acres
Days on Market3
Property Features for 415 E Lincoln Street
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Appliances
Subdivision
High school district
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Cooling system
Building Details
Year built
Roof type
Buildings
Listing Agency:
Real Estate Masters, Ltd.
Listed By:
Samantha Jill Jacobson
(651) 484-4818
Added: Nov 11
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 7172843
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This apartment property comprises two 8-unit buildings at 415 E Luverne St and 415 E Lincoln St. Each building contains seven two-bedroom apartments and one one-bedroom apartment. Both buildings date to 1974, and the roofs were replaced ten years ago. Off-street parking is available.
The properties are in Luverne, close to parks and shopping.
The properties are in Luverne, close to parks and shopping.
Key Highlights
- Two 8‑unit apartment buildings
- Each building includes seven two‑bedroom units and one one‑bedroom unit
- Roofs replaced ten years ago
Property Analytics
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Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
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Business Placement
Demographics for 56156, MN
6,270
Population
2,756
Households
2.3
Avg Household Size
42
Median Age
28%
College-Educated
94%
High-School Grad
166.9 sq mi
ZIP Area
38
Density / Sq Mi
$75,234
Median Household Income
$42,706
Median Earnings
$726
Median Rent
$200,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The two-building configuration offers a mix of one- and two-bedroom apartments with off-street parking.
Where is this apartment building located?
The property is located at 415 E Lincoln Street Luverne, MN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two 8‑unit apartment buildings; Each building includes seven two‑bedroom units and one one‑bedroom unit; Roofs replaced ten years ago
