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    Lanesboro, MN
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    Lanesboro, MN Multifamily Properties for Sale

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    Fountain, MN Preston, MN Chatfield, MN Harmony, MN Rushford, MN Utica, MN Wykoff, MN Saint Charles, MN
    Renovated 10-Unit Apartment Building
    Updated: Apr 15
    Renovated 10-Unit Apartment Building

    505 PKWY AVE S, Lanesboro, MN 55949

    Contact for pricing
    7,210 sqft
    10‑unit apartment building in Lanesboro, MN, fully renovated and converted from its original use as a church
    Year built 1890
    All major systems and finishes have been replaced for a like‑new condition throughout
    Includes three short‑term rental units currently operating as Airbnb accommodations
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lanesboro, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    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

    215 N Elm Street, Cresco, IA 52136

    $152,000
    4,457 sqft

    Commercial storefront space is paired with two second-story apartments and shared laundry facilities.

    View details
    Eight-Lot Mobile Home Park
    Eight-Lot Mobile Home Park

    813 Chatfield Avenue NW, Preston, MN 55965

    $175,000
    0.83 AC lot

    Each site has separate gas, electric, and water service, and residents own their homes.

    View details
    Eight-Lot Mobile Home Park
    Eight-Lot Mobile Home Park

    813 Chatfield Avenue NW, Preston, MN 55965

    $175,000

    Resident-owned homes and individual utility connections support a land-lease configuration.

    View details
    33-Site Mobile Home Park
    33-Site Mobile Home Park

    701 South Elm Street, Cresco, IA 52136

    Contact for pricing

    Fully occupied community with tenant-owned homes and city water and sewer services.

    View details

    Lanesboro, MN Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Lanesboro, MN on our real estate platform. These investment opportunities span a total of 7,210 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Short term rental properties 1

    Demographics Overview

    Population 1,918
    Population Growth (5Y) +11.1%
    Median Household Income $80,357
    College Educated 49.3%

    Taxes & Financing

    Tax Rate (average for all types) 2.16%
    Property Tax per SF $2.12 per SF
    Tax Rate vs County Average 0.26 pp below county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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