Multifamily

Owatonna, MN Multifamily Properties for Sale

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Two-Unit Duplex with Detached Garage
Updated: Aug 14
Two-Unit Duplex with Detached Garage

725 S Cedar Avenue, Owatonna, MN 55060

$240,000
2,709 sqft 0.25 AC lot
Two‑unit duplex with 6 bedrooms and 2 bathrooms
2,709 square feet; built in 1894
0.25‑acre corner lot
Detached 2‑car garage
Oil heating
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Duplex with Upstairs Apartment
Updated: Aug 18
Duplex with Upstairs Apartment

144 E Rose Street, Owatonna, MN 55060

$229,900
1,710 sqft 0.14 AC lot
Upstairs apartment in addition to the main residence
1,710 square feet on 0.142 acres
Primary two‑car garage plus a separate detached garage
Metal siding, newer roof, vinyl windows, and central air
Privacy‑fenced yard and porch
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Six-Unit Apartment Building
Six-Unit Apartment Building

805 S Cedar Avenue, Owatonna, MN 55060

$399,900
0.30 AC lot

Updated interiors, a newer boiler, and a detached garage support this residential income property.

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Side-by-Side Duplex with Garage
Side-by-Side Duplex with Garage

1028 S Cedar Ave, Owatonna, MN 55060

$255,000
2,894 sqft

Two separately serviced units offer flexible owner-occupant and rental configurations.

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Six-Bedroom Duplex with Garage
Six-Bedroom Duplex with Garage

725 S Cedar Ave, Owatonna, MN 55060

$240,000
2,709 sqft

Corner-lot duplex with a detached garage offering additional parking and storage.

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Duplex With Detached Garage
Duplex With Detached Garage

144 E Rose Street, Owatonna, MN 55060

$229,900
1,710 sqft

Two-level residential income property with an additional apartment, fenced outdoor space, and multiple garage structures.

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Mixed-Use Building
Mixed-Use Building

151 W BRIDGE ST, Owatonna, MN 55060

Contact for pricing
7,924 sqft

Bridge Street property near downtown Owatonna with B3 Central Business zoning.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Owatonna, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

Duplex with Fenced Yard
Duplex with Fenced Yard

3 6th Ave NW, Faribault, MN 55021

$290,000
2,172 sqft

Upper and lower residences each include three bedrooms, one bathroom, a kitchen, dining room, and living room.

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Triplex Multifamily Property
Triplex Multifamily Property

610 3rd Ave SE, Waseca, MN 56093

$174,800
2,142 sqft

Three residential units are situated near parks, schools, local services, and downtown Waseca.

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Triplex with Basement
Triplex with Basement

610 SE 3rd Avenue, Waseca, MN 56093

$174,800
0.20 AC lot

Three-unit residential property with forced-air heating and a shingle roof.

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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 Owatonna, MN

Consider similar Off-Market properties in Owatonna, 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.

215 22nd NW St
APARTMENT HOUSE (5+ UNITS)

215 22nd NW St, Owatonna, MN 55060-1255

Estimated value:
$1,945,000
18,332 sqft
View details
1830 Hartle Ave
APARTMENT HOUSE (5+ UNITS)

1830 Hartle Ave, Owatonna, MN 55060-4490

Estimated value:
$535,000
4,320 sqft
View details
252 Broadway St
APARTMENT HOUSE (5+ UNITS)

252 Broadway St, Owatonna, MN 55060-2404

Estimated value:
$340,000
4,147 sqft
View details
115 Chambers Ave
APARTMENT HOUSE (UNDER 5 UNITS)

115 Chambers Ave, Owatonna, MN 55060-3067

Estimated value:
$210,000
1,200 sqft
View details
612 Agnes St
APARTMENT HOUSE (5+ UNITS)

612 Agnes St, Owatonna, MN 55060-3176

Estimated value:
$570,000
7,800 sqft
View details
811 School St
APARTMENT HOUSE (5+ UNITS)

811 School St, Owatonna, MN 55060-3183

Estimated value:
$600,000
9,766 sqft
View details
245 Rice St
APARTMENT HOUSE (UNDER 5 UNITS)

245 Rice St, Owatonna, MN 55060-3092

Estimated value:
$275,000
2,796 sqft
View details
135 22nd NW St
APARTMENT HOUSE (5+ UNITS)

135 22nd NW St, Owatonna, MN 55060-1391

Estimated value:
$1,070,000
13,440 sqft
View details
633 Agnes St
APARTMENT HOUSE (5+ UNITS)

633 Agnes St, Owatonna, MN 55060-3177

Estimated value:
$825,000
10,608 sqft
View details
511 Elm Ave
APARTMENT HOUSE (5+ UNITS)

511 Elm Ave, Owatonna, MN 55060-3351

Estimated value:
$265,000
2,870 sqft
View details
1212 Frontage Rd
APARTMENT HOUSE (100+ UNITS)

1212 Frontage Rd, Owatonna, MN 55060-5692

Estimated value:
$6,910,000
72,822 sqft 6.31 AC lot
View details
219 Ml St
APARTMENT HOUSE (UNDER 5 UNITS)

219 Ml St, Owatonna, MN 55060-3074

Estimated value:
$290,000
2,544 sqft
View details
119 Chambers Ave
APARTMENT HOUSE (UNDER 5 UNITS)

119 Chambers Ave, Owatonna, MN 55060-3076

Estimated value:
$270,000
1,716 sqft
View details
706 Academy St
APARTMENT HOUSE (5+ UNITS)

706 Academy St, Owatonna, MN 55060-3181

Estimated value:
$1,880,000
13,248 sqft
View details
805 Cedar Ave
APARTMENT HOUSE (5+ UNITS)

805 Cedar Ave, Owatonna, MN 55060-3257

Estimated value:
$305,000
3,172 sqft
View details
352 Rose St
APARTMENT HOUSE (5+ UNITS)

352 Rose St, Owatonna, MN 55060-2548

Estimated value:
$625,000
14,464 sqft
View details
241 13th SW St
APARTMENT HOUSE (UNDER 5 UNITS)

241 13th SW St, Owatonna, MN 55060-3953

Estimated value:
$235,000
2,040 sqft
View details

Owatonna, MN Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Owatonna, MN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 19,656 square feet of properties for sale, with an estimated market value of $1,594,700.

Sale prices for multifamily properties in Owatonna, MN start at $229,900, averaging $265,783, and reaching up to $399,900 — 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 5
Apartment buildings 2

Demographics Overview

Population 32K
Population Growth (5Y) +0.2%
Median Household Income $84,408
College Educated 34.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55060 $270.9K

Taxes & Financing

Tax Rate (average for all types) 2.97%
Property Tax per SF $3.69 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

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