Multifamily

Redwood Falls, MN Multifamily Properties for Sale

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Downtown Mixed-Use Building Opportunity
Updated: Apr 29
Downtown Mixed-Use Building Opportunity

226 S Washington St, Redwood Falls, MN 56283

$129,900
Mixed‑use building with a main‑level commercial space plus 2 upstairs residential units
Commercial space includes exposed brick walls, warm wood floors, and large front windows for storefront natural light
Commercial area has a dressing room, existing counter area, and additional back storage
Upstairs units: one 1‑bedroom plus a non‑conforming bedroom and one 2‑bedroom unit
One residential unit is currently rented for immediate cash flow
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Redwood Falls, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

Converted Duplex with Shared Patio
Converted Duplex with Shared Patio

111 Coleman Avenue, Montevideo, MN 56265

$139,000
1,170 sqft 0.19 AC lot

Two-unit residential income property with separate utilities and in-unit laundry and pantry space.

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Duplex with Triple-Stall Garage
Duplex with Triple-Stall Garage

420 8th Street SW, Willmar, MN 56201

$129,900
1,800 sqft 0.26 AC lot

Well-maintained duplex with two units, newer exterior updates, off-street parking, and a triple-stall garage.

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Residential Income Property in Montevideo
Residential Income Property in Montevideo

1806 Lincoln Ave, Montevideo, MN 56265

$449,900
5,800 sqft 0.58 AC lot

5,800 SF residential building suitable for shared-living or specialty housing.

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Updated Duplex with Shared Porch
Updated Duplex with Shared Porch

805 4th Street SW, Willmar, MN 56201

$144,900
1,248 sqft 0.17 AC lot

Duplex in Willmar with renovated bathrooms, an updated kitchen, and partially replaced plumbing for strong live-in or rental 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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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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Lakefront Recreation Lot with Boat Lift
Lakefront Recreation Lot with Boat Lift

21425 Sunset Trail, Lake Preston, SD 57249

$193,800
0.46 AC lot

Manageable lakefront lot with utilities on site, approximately 75 feet of shoreline, and a boat lift for seasonal water use.

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Off-Market Properties in Redwood Falls, MN

Consider similar Off-Market properties in Redwood Falls, 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.

900 Elm St
MOBILE HOME PARK, TRAILER PARK

900 Elm St, Redwood Falls, MN 56283-1356

Value Estimation by Request
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Redwood Falls, MN 56283
MOBILE HOME PARK, TRAILER PARK

Redwood Falls, MN 56283

Value Estimation by Request
1.65 AC lot
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Redwood Falls, MN Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Redwood Falls, MN on our real estate platform.

Sale prices for multifamily properties in Redwood Falls, MN average $129,900 — 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 1

Demographics Overview

Population 6,469
Population Growth (5Y) +2.8%
Median Household Income $66,548
College Educated 31.9%

Taxes & Financing

Tax Rate (average for all types) 2.22%
Property Tax per SF $11.46 per SF
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

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