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    Lester Prairie, MN
    Multifamily

    Lester Prairie, MN Multifamily Properties for Sale

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    New Germany, MN Winsted, MN Silver Lake, MN Norwood Young America, MN Glencoe, MN Howard Lake, MN Mayer, MN Hamburg, MN
    Mixed-Use Building with Apartments
    Updated: Sep 11
    Mixed-Use Building with Apartments

    518 Central Avenue, Lester Prairie, MN 55354

    $325,000
    0.14 AC lot
    Four apartments plus main‑floor commercial space
    Step‑free street entrance with accessible ramp approach
    Tenant parking permitted beside the building under contract
    0.137‑acre property at 518 Central Avenue, Lester Prairie, MN 55354
    Built in 1900 with a flat rubber roof
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Lester Prairie, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Updated Triplex with Private Parking
    Updated Triplex with Private Parking

    213 Main Street E, Young America, MN 55397

    $374,900
    3,762 sqft 0.12 AC lot

    Fully rented three-unit property with coin-operated laundry and convenient access to Hwy 212.

    View details
    Updated Three-Unit Multifamily Property
    Updated Three-Unit Multifamily Property

    213 Main St E, Young America, MN 55397

    $374,900
    3,762 sqft

    Fully occupied building with on-site coin-operated laundry and a dedicated private parking lot.

    View details
    RV Resort Site with Storage Shed
    RV Resort Site with Storage Shed

    2945 County Road 4 #411 SW, Cokato, MN 55321

    $50,000
    0.07 AC lot

    Gravel RV site with a storage shed, firepit, seasonal water service, and access to resort amenities.

    View details
    Private RV Park Site
    Private RV Park Site

    2945 County Road 4 #432 SW, Cokato, MN 55321

    $55,000
    0.14 AC lot

    RV site near lake recreation with water available.

    View details

    Off-Market Properties in Lester Prairie, MN

    Consider similar Off-Market properties in Lester Prairie, 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.

    900 2nd S Ave
    MOBILE HOME PARK, TRAILER PARK

    900 2nd S Ave, Lester Prairie, MN 55354-7702

    Estimated value:
    $260,000
    5.97 AC lot
    View details
    900 2nd S Ave
    MOBILE HOME PARK, TRAILER PARK

    900 2nd S Ave, Lester Prairie, MN 55354-7702

    Estimated value:
    $320,000
    13.89 AC lot
    View details

    Lester Prairie, MN Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Lester Prairie, MN on our real estate platform.

    Sale prices for multifamily properties in Lester Prairie, MN average $325,000 — 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

    Quadplexes 1

    Demographics Overview

    Population 3,089
    Population Growth (5Y) +11.0%
    Median Household Income $94,950
    College Educated 21.7%

    Taxes & Financing

    Tax Rate (average for all types) 2.77%
    Property Tax per SF $23.81 per SF
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

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