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    Lanesboro, MN
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    Lanesboro, MN Multifamily Properties for Sale

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    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lanesboro, 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.

    Certified Duplex with Dual Unit Layout
    Certified Duplex with Dual Unit Layout

    476 Main Street, Winona, MN 55987

    $249,000
    1,744 sqft 0.10 AC lot

    Certified duplex configured with 3 bedrooms downstairs and 2 upstairs, currently providing occupied rental income.

    View details
    Up-Down Duplex Income Property
    Up-Down Duplex Income Property

    221 E 8th Street, Winona, MN 55987

    $229,000
    2,491 sqft 0.16 AC lot

    An up/down duplex with recent interior updates, rental certification through May 2030, and off-street parking.

    View details
    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    129 S Broadway St, Spring Valley, MN 55975

    $49,900
    1,800 sqft

    Two residential units sit above an 1,800 sq. ft. commercial space with a delivery door on the rear of the main level.

    View details
    Downtown Mixed-Use Investment Opportunity
    Downtown Mixed-Use Investment Opportunity

    141 S Broadway Street, Spring Valley, MN 55975

    $99,900

    Mixed-use property with commercial space and residential apartment.

    View details

    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.

    Buildable Residential Lot with Pines
    Buildable Residential Lot with Pines

    Bollig Court lot: 2, Nekoosa, WI 54457

    $35,000
    2.45 AC lot

    A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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    Commercial Development Land Parcel
    Commercial Development Land Parcel

    101 Morris Avenue, Hinckley, MN 55037

    $799,000
    9.20 AC lot

    Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

    View details
    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.

    View details
    Aitkin Lots & Land
    Aitkin Lots & Land

    L 3&4 B3 London Town, Aitkin, MN 56431

    Contact for pricing
    0.14 AC lot

    Double lot in Sherwood Forest with shared amenities.

    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%

    Listings Trend

    New vs delisted commercial listings in Fillmore County

    New Delisted

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