Multifamily

Mountain Lake, MN Multifamily Properties for Sale

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Two-Unit Duplex with Covered Deck
Updated: Aug 3
Two-Unit Duplex with Covered Deck

409/411 9th Street N, Mountain Lake, MN 56159

$200,000
2,184 sqft
Two‑bedroom duplex with 2,184 square feet of total property size
Two separate units, each with a full bathroom, kitchen, dining area, and living room
Shared covered deck accessible through patio doors
Lower level includes an additional bathroom and generous storage
Attached garage provides enclosed parking and storage
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Mountain Lake, 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.

Mixed-Use Downtown Building
Mixed-Use Downtown Building

40 Downtown Plaza, Fairmont, MN 56031

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7,200 sqft

Two-story concrete and brick building with a main-level nail salon, warehouse/flex space, and second-floor apartments.

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Converted Motel Apartment Community
Converted Motel Apartment Community

1955 FIRST AVE N, Windom, MN 56101

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27,332 sqft

Three-building affordable apartment community with 37 units, renovated in 2020, plus garages, lockers, and on-site leasing.

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City Side Estates Apartments
City Side Estates Apartments

600 Burton Lane, Fairmont, MN 56031

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36,840 sqft

36-unit apartment complex in Fairmont, MN, with 19 garages.

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Two-Unit Duplex with Garages
Two-Unit Duplex with Garages

310 8th Street, Windom, MN 56101

Contact for pricing

Two separate duplex units feature private garages and in-unit HVAC, with decks and patios for outdoor use.

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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.

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.

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Waterfront Land with Boat Lift
Waterfront Land with Boat Lift

21425 Sunset Trail, Lake Preston, SD 57249

$193,800
0.46 AC lot

Lake Thompson lake lot with on-site utilities and a Hewitt boat lift for convenient seasonal boating and fishing.

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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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Mountain Lake, MN Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Mountain Lake, MN on our real estate platform. These investment opportunities span a total of 2,184 square feet of properties for sale, with an estimated market value of $200,000.

Sale prices for multifamily properties in Mountain Lake, MN average $200,000 — 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 2,520
Population Growth (5Y) -10.6%
Median Household Income $65,089
College Educated 28.2%

Taxes & Financing

Tax Rate (average for all types) 1.92%
Property Tax per SF $10.18 per SF
Tax Rate vs County Average 0.24 pp below county avg
Average Loan-to-Value 65.0%

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