Multifamily

Luverne, MN Multifamily Properties for Sale

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New Multifamily Property with Amenities
Updated: Feb 9
New Multifamily Property with Amenities

120 W Hatting St, Luverne, MN 56156

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Assumable HUD Loan: $5,360,000 at 5.46% with a 35‑year term.
Newly Constructed in 2023: Benefit from modern construction and design.
Energy Efficient Design: Built to EnergyStar, Indoor AirPlus, and Zero Energy Ready Home Standards.
In‑Suite Washer/Dryer: Provides convenience for tenants.
EV Charging Stations: Appeals to electric vehicle owners.
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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 12 Potential Opportunities for your consideration. Besides 1 Active listings in Luverne, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 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.

New-Construction Duplex with Walkouts
New-Construction Duplex with Walkouts

1113 S Foss Ave, Sioux Falls, SD 57110

$1,030,000
5,592 sqft 0.41 AC lot

Two ranch-style residences feature open layouts, upgraded kitchens, and low-maintenance exterior materials.

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New-Construction Duplex
New-Construction Duplex

1107 S Foss Ave, Sioux Falls, SD 57110

$980,000
5,220 sqft 0.41 AC lot

Two ranch-style walkout residences offer four bedrooms, three bathrooms, and open-concept living areas.

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Mixed-Use Property with Hair Salon
Mixed-Use Property with Hair Salon

524 N Main Ave, Garretson, SD 57030

$113,999
1,414 sqft 0.08 AC lot

Brick-veneer building pairs a leased salon with a remodeled apartment above.

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Two Mobile Home Communities
Two Mobile Home Communities

210 DOWS ST, Garretson, SD 57030

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1,350 sqft

Two mobile home communities totaling 64 units are served by public utilities, with 85.9% occupancy and mostly tenant-owned homes.

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Off-Market Properties in Luverne, MN

Consider similar Off-Market properties in Luverne, 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.

109 Luverne St
Multifamily properties

109 Luverne St, Luverne, MN 56156

Value Estimation by Request
75,000 sqft 2.22 AC lot
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109 Luverne St
Residential income properties

109 Luverne St, Luverne, MN 56156

Value Estimation by Request
75,000 sqft 2.22 AC lot
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120 Hatting St
Residential income properties

120 Hatting St, Luverne, MN 56156

Value Estimation by Request
54,000 sqft 2.53 AC lot
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109 Luverne St
Residential income properties

109 Luverne St, Luverne, MN 56156

Value Estimation by Request
25,000 sqft 2.22 AC lot
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109 Luverne St
Multifamily properties

109 Luverne St, Luverne, MN 56156

Value Estimation by Request
25,000 sqft 2.22 AC lot
View details
Meade Ct
MOBILE HOME PARK, TRAILER PARK

Meade Ct, Luverne, MN 56156

Value Estimation by Request
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Meade Ct
MOBILE HOME PARK, TRAILER PARK

Meade Ct, Luverne, MN 56156

Value Estimation by Request
View details

Luverne, MN Multifamily Properties Market Trends and Statistics

Explore 8 multifamily properties for sale in Luverne, MN on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 3

Demographics Overview

Population 6,398
Population Growth (5Y) +10.1%
Median Household Income $75,234
College Educated 36.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56156 $1M

Taxes & Financing

Tax Rate (average for all types) 1.88%
Property Tax per SF $13.51 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

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