Princeton, MN Multifamily properties for sale

Updated: May 11

Princeton Mobile Home Park Opportunity

1201 12th Street North, Princeton, MN 55371

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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Princeton, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

8-Unit One-Level Apartment Community

11024-11038 183rd Cir NW, Elk River, MN 55330

$2,400,000

1,442 sqft

A 55+ rental community completed in 2020, arranged near shopping and the Hwy 101/169 corridor.

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Updated Duplex with Detached Garage

151 3rd Ave, Foley, MN 56329

$175,000

1,465 sqft

Up/down configuration includes separately metered utilities and leases in place through Fall 2026.

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Updated Duplex with Garage

151 3rd Avenue, Foley, MN 56329

$175,000

1,465 sqft 0.08 AC lot

Up-and-down duplex with separately metered utilities, a detached garage, and recent improvements to the upper unit.

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55+ Community Investment Opportunity

11038 183rd Cir NW, Elk River, MN 55330

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11,536 sqft

Eight-unit, 55+ community built in 2020, great location.

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Off-Market Properties in Princeton, MN

Consider similar Off-Market properties in Princeton, 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.

MOBILE HOME PARK, TRAILER PARK

1227 Oak Ln, Princeton, MN 55371-1017

Estimated value:

$250,000

1,216 sqft 14.78 AC lot

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MOBILE HOME PARK, TRAILER PARK

1227 Oak Ln, Princeton, MN 55371-1017

Estimated value:

$250,000

10.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

12113 317th Ave, Princeton, MN 55371-3313

Estimated value:

$240,000

1,072 sqft 33.15 AC lot

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MOBILE HOME PARK, TRAILER PARK

Princeton, MN 55371

Estimated value:

$250,000

5.00 AC lot

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Princeton, MN Multifamily Properties for Sale

1201 12th Street North, Princeton, MN 55371