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    Mille Lacs County, MN Multifamily Properties for Sale

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    Minneapolis, MN Saint Paul, MN Rochester, MN Mankato, MN Saint Cloud, MN Duluth, MN Brainerd, MN Moorhead, MN
    Up-Down Duplex with Detached 3-Stall Garage
    Updated: Jul 29
    Up-Down Duplex with Detached 3-Stall Garage

    345 2nd Avenue SW, Milaca, MN 56353

    $320,000
    2,076 sqft 0.41 AC lot
    Upper unit lease in place through 2026
    Lower unit lease in place through mid June 2027
    Roof replaced in 2022
    Detached 3‑stall garage with separate electric meter (2024)
    0.414‑acre lot and 2,076 SF duplex with separate utilities
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    This listing looks promising.

    Here's a quick look at some key insights for

    345 2nd Avenue SW, Milaca, MN 56353

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $398K
      Above asking

    • Property Type

      Single Family Residence
      Built 1920
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    Princeton Mobile Home Park Opportunity
    Updated: May 11
    Princeton Mobile Home Park Opportunity

    1201 12th Street North, Princeton, MN 55371

    Contact for pricing
    Significant rental upside: Increase lot rents to the market average of $589, offering approximately $286 of potential growth per lot.
    Stabilized, 23‑unit mobile home park community with 19 occupied lots and a single‑family home generating immediate income.
    Three vacant lots with existing infrastructure (full hook‑ups) provide immediate opportunity to increase occupancy and revenue.
    Located approximately 50 miles from Minneapolis, providing access to a strong demand base for affordable housing.
    Existing operations include 19 lot renters paying $303/month and a single‑family home rented for $825/month, demonstrating current income.
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mille Lacs County, MN, we suggest exploring several alternatives: similar 4 Off-Market properties to explore as potential leads

    Off-Market Properties in Mille Lacs County, MN

    Consider similar Off-Market properties in Mille Lacs County, 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.

    38544 Us Hwy 169
    MOBILE HOME PARK, TRAILER PARK

    38544 Us Hwy 169, Onamia, MN 56359

    $230,000
    Estimated value
    768 sqft 23.02 AC lot
    View details
    Onamia, MN 56359
    MOBILE HOME PARK, TRAILER PARK

    Onamia, MN 56359

    $270,000
    Estimated value
    View details
    1227 Oak Ln
    MOBILE HOME PARK, TRAILER PARK

    1227 Oak Ln, Princeton, MN 55371-1017

    $250,000
    Estimated value
    1,216 sqft 14.78 AC lot
    View details
    1227 Oak Ln
    MOBILE HOME PARK, TRAILER PARK

    1227 Oak Ln, Princeton, MN 55371-1017

    $250,000
    Estimated value
    10.00 AC lot
    View details

    Mille Lacs County, MN Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Mille Lacs County, 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 $320,000.

    Sale prices for multifamily properties in Mille Lacs County, MN average $320,000 — 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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