Multifamily

Milaca, MN Multifamily Properties for Sale

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Pease, MN Foreston, MN Princeton, MN
Up-Down Duplex with Separate Meters
Updated: Mar 24
Up-Down Duplex with Separate Meters

345 2nd Avenue SW, Milaca, MN 56353

$340,000
2,076 sqft · 0.41 AC lot
Income‑producing up/down duplex with a 3‑bedroom main‑level unit and a 2‑bedroom upper unit
Upper lease is in place through 2026 for immediate, stable rental income
Recent updates in both units include painted cabinets, updated fixtures, and new lighting
Roof was replaced in 2022
Separately metered utilities; tenants pay for gas, electricity, lawn care, and snow removal
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Milaca, 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.

Updated Up-and-Down Duplex with Private Entry
Updated Up-and-Down Duplex with Private Entry

221 3rd Avenue NE, Saint Cloud, MN 56304

$282,900
1,658 sqft · 0.17 AC lot

An updated 1920s duplex with separate upper entry, laundry areas, and a fenced yard with a detached two-stall garage.

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Renovated Duplex with Separate Utilities
Renovated Duplex with Separate Utilities

602 3rd Street N, Princeton, MN 55371

$299,000
2,568 sqft · 0.55 AC lot

Renovated up-and-down duplex offers two units with separate electricity and forced-air heat.

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Princeton Mobile Home Park Opportunity
Princeton Mobile Home Park Opportunity

1201 12th Street North, Princeton, MN 55371

$760,000

23-unit mobile home park with significant rental upside.

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Turnkey St. Cloud Apartment Building
Turnkey St. Cloud Apartment Building

1226 9th Avenue S, Saint Cloud, MN 56301

$820,000

Well-maintained, fully occupied six-unit apartment building near SCSU.

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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.

Development Land Off Freeway
Development Land Off Freeway

101 Morris Avenue, Hinckley, MN 55037

$799,000
9.20 AC lot

Multi-purpose acreage near the freeway offers flexibility for a range of development concepts.

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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.

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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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Milaca, MN Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Milaca, MN on our real estate platform. These investment opportunities span a total of 2,076 square feet of properties for sale, with an estimated market value of $340,000.

Sale prices for multifamily properties in Milaca, MN start at $340,000, averaging $340,000, and reaching up to $340,000 — 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

Duplexes 1

Demographics Overview

Population 9,489
Population Growth (5Y) +1.9%
Median Household Income $77,170
College Educated 21.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56353 $340K

Taxes & Financing

Tax Rate (average for all types) 2.05%
Property Tax per SF $23.30 per SF
Tax Rate vs County Average 0.07 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mille Lacs County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Milaca fall within the 25,000 to 50,000 square foot range.

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