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    Blue Earth, MN
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    Blue Earth, MN Multifamily Properties for Sale

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    Winnebago, MN Easton, MN Buffalo Center, IA Fairmont, MN Amboy, MN Minnesota Lake, MN Swea City, IA Wells, MN
    Well-Maintained Duplex Income Property
    Updated: May 5
    Well-Maintained Duplex Income Property

    405 E 8th Street, Blue Earth, MN 56013

    $99,999
    0.10 AC lot
    Duplex at 405 East 8th Street with two well‑kept units
    Main floor unit: spacious 2‑bedroom with functional layout
    Upper‑level unit: 1‑bedroom unit for additional rental income
    Both units are consistently cared for for low‑maintenance ownership
    Built in 1880 with forced air heating and shingle roof
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    Multifamily Apartment Building
    Updated: Feb 2
    Multifamily Apartment Building

    905 E 5th Street, Blue Earth, MN 56013

    $419,900
    6,531 sqft
    11‑unit apartment building built in 1955 with a unit mix of 2 studio, 3 one‑bedroom, 5 two‑bedroom, and 1 three‑bedroom apartment
    Reported 9.1 cap rate and 5.4 GRM
    On‑site coin‑operated washer and dryer included in the sale; owned by the seller
    Low‑maintenance exterior with vinyl and stone finish and a metal roof
    Plenty of parking for residents and guests
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    Three 8-Plex Apartment Building
    Three 8-Plex Apartment Building

    120 E 13th St, Blue Earth, MN 56013

    $1,225,000
    0.97 AC lot

    Three 8-plex multifamily with 1- and 2-bedroom units, on-site coin laundry, and 34 off-street parking spaces.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Value-Add Apartment Opportunity
    Value-Add Apartment Opportunity

    830 Moore St., Blue Earth, MN 56013

    $1,225,000
    19,200 sqft 0.97 AC lot

    Apartment complex with value-add potential in Blue Earth, Minnesota.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Blue Earth, 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.

    City Side Estates Apartments
    City Side Estates Apartments

    600 Burton Lane, Fairmont, MN 56031

    $2,800,000
    36,840 sqft

    36-unit apartment complex in Fairmont, MN, with 19 garages.

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    Income-Producing Triplex Property
    Income-Producing Triplex Property

    403 S 4Th Avenue E, Lake Mills, IA 50450

    $109,900
    0.48 AC lot

    Triplex with three tenant-occupied units and a 2025 boiler, plus outdoor space and a detached double garage.

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    8-Plex Residential Income Property
    8-Plex Residential Income Property

    207 S Lake Street, Lake Mills, IA 50450

    $165,000

    8-plex rental property with six one-bedroom and two two-bedroom apartments, with select units updated with newer flooring and paint.

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    Vacant Multifamily with Office Space
    Vacant Multifamily with Office Space

    111 & 107 Dorothy S, Fairmont, MN 56031

    Contact for pricing
    7,166 sqft 1.60 AC lot

    Two multifamily buildings total 7,166 sq. ft. and include nine units plus an on-site office/conference space.

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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.

    Lakeshore Recreation Land Parcel
    Lakeshore Recreation Land Parcel

    Tripp, Fulda, MN 56131

    $124,900
    9.30 AC lot

    Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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    Land for Multi-Family Housing
    Land for Multi-Family Housing

    1610 7th Avenue E, Alexandria, MN 56308

    $249,900
    2.16 AC lot

    2.16 acre lot zoned for multi-family housing development.

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    Alexandria Lakeshore Property with Rental Opportunity
    Alexandria Lakeshore Property with Rental Opportunity

    5950 County Road 8 NW, Alexandria, MN 56308

    $798,500
    15.62 AC lot

    Lakeshore property with rental cabins and RV sites near Alexandria.

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    Lakefront Recreation Lot with Boat Lift
    Lakefront Recreation Lot with Boat Lift

    21425 Sunset Trail, Lake Preston, SD 57249

    $193,800
    0.46 AC lot

    Manageable lakefront lot with utilities on site, approximately 75 feet of shoreline, and a boat lift for seasonal water use.

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    Blue Earth, MN Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Blue Earth, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 25,731 square feet of properties for sale, with an estimated market value of $2,969,899.

    Sale prices for multifamily properties in Blue Earth, MN start at $99,999, averaging $742,474, and reaching up to $1,225,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3
    Duplexes 1

    Demographics Overview

    Population 4,534
    Population Growth (5Y) +6.0%
    Median Household Income $64,360
    College Educated 33.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56013 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.96%
    Property Tax per SF $23.96 per SF
    Average Loan-to-Value 65.0%

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