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    Northfield, MN
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    Northfield, MN Multifamily Properties for Sale

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    Fully Renovated Duplex with Garages
    Updated: May 16
    Fully Renovated Duplex with Garages

    4625 280th Street W, Northfield, MN 55057

    $435,000
    2,860 sqft 2.03 AC lot
    Two units fully renovated three years ago with new kitchens and flooring
    New road‑facing windows on the front half of both units
    Separate laundry in each unit plus storage shed
    Single‑car garage is heated and insulated
    2.031‑acre lot with 2,860 SF total building area
    View details
    Mixed-Use Quadplex
    Updated: Apr 11
    Mixed-Use Quadplex

    1405 Heritage Drive, Northfield, MN 55057

    Contact for pricing
    4 residential units are currently occupied
    Property designed for easy transformation to other uses
    Has residential and commercial possibilities based on intended transformable layout
    View details
    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 14 Potential Opportunities for your consideration. Besides 2 Active listings in Northfield, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

    Four-Unit Apartment Building
    Four-Unit Apartment Building

    8843 18th Ave S, Bloomington, MN 55425

    $575,000
    3,128 sqft

    Updated building systems and a practical unit mix support residential income use in Bloomington.

    View details
    Duplex with Large Deck
    Duplex with Large Deck

    4200 W 108th Street, Bloomington, MN 55437

    $620,000

    Both units feature four bedrooms, two bathrooms, refreshed interiors, and access to an expansive backyard.

    View details
    Seven-Unit Apartment Residence
    Seven-Unit Apartment Residence

    226 7th St Nw, Faribault, MN 55021

    $525,000

    Historic seven-unit apartment property with classic hardwood floors, open-frame porch, basement, and gravel driveway parking.

    View details
    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    213 Central Ave N, Faribault, MN 55021

    $409,000

    Commercial space and two furnished apartments are supported by a full basement with garage access.

    View details

    Off-Market Properties in Northfield, MN

    Consider similar Off-Market properties in Northfield, 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.

    Northfield, MN 55057
    APARTMENT HOUSE (5+ UNITS)

    Northfield, MN 55057

    $270,000
    Estimated value
    1.96 AC lot
    View details
    118 Water N St
    APARTMENT HOUSE (5+ UNITS)

    118 Water N St, Northfield, MN 55057-2022

    $400,000
    Estimated value
    0.59 AC lot
    View details
    2501 Jefferson Rd
    APARTMENT HOUSE (5+ UNITS)

    2501 Jefferson Rd, Northfield, MN 55057-3448

    $1,615,000
    Estimated value
    5,591 sqft 0.58 AC lot
    View details
    812 Linden N St
    APARTMENT HOUSE (5+ UNITS)

    812 Linden N St, Northfield, MN 55057-1340

    $510,000
    Estimated value
    20,121 sqft 2.01 AC lot
    View details
    Northfield, MN 55057
    APARTMENT HOUSE (5+ UNITS)

    Northfield, MN 55057

    $250,000
    Estimated value
    0.46 AC lot
    View details
    529 Woodley W St
    APARTMENT HOUSE (5+ UNITS)

    529 Woodley W St, Northfield, MN 55057-2747

    $300,000
    Estimated value
    1,340 sqft 0.38 AC lot
    View details
    931 Cannon Vly W Dr
    APARTMENT HOUSE (5+ UNITS)

    931 Cannon Vly W Dr, Northfield, MN 55057-1301

    $450,000
    Estimated value
    9,827 sqft 0.31 AC lot
    View details
    Northfield, MN 55057
    APARTMENT HOUSE (5+ UNITS)

    Northfield, MN 55057

    $245,000
    Estimated value
    0.20 AC lot
    View details

    Northfield, MN Multifamily Properties Market Trends and Statistics

    Explore 10 multifamily properties for sale in Northfield, MN on our real estate platform. These investment opportunities span a total of 2,860 square feet of properties for sale, with an estimated market value of $435,000.

    Sale prices for multifamily properties in Northfield, MN average $435,000 — 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
    Quadplexes 1

    Demographics Overview

    Population 25K
    Population Growth (5Y) +1.5%
    Median Household Income $97,521
    College Educated 72.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55057 $435K

    Taxes & Financing

    Tax Rate (average for all types) 2.55%
    Property Tax per SF $43.22 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rice County

    New Delisted

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