Redwood Falls, MN
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Redwood Falls, MN Multifamily Properties for Sale

    Notify Me
    List
    Map
    Clements, MN Morgan, MN Fairfax, MN
    Downtown Redwood Falls Mixed-Use Opportunity
    $144,888
    10,000 SF
    Downtown Redwood Falls Mixed-Use Opportunity

    230/234/240 S Washington Street, Redwood Falls, MN 56283

    Four parcels in thriving downtown district with development potential.
    • Prime Downtown Location: High visibility in Redwood Falls' thriving downtown.
    • Significant Square Footage: Approximately 10,000 sq ft of commercial space and 6,800 sq ft for potential apartments.
    • Development Potential: Vacant lot for parking or development; create multiple commercial units and 10‑12 apartments.
    • Flexible Configuration: Reconfigure buildings into multiple commercial units with separate entrances.
    • Historic Features: Salvaged original wood trim and vintage appliances offer unique restoration opportunities.
    Updated: Jul 24, 2025
    View details
    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.

    Multifamily Property with Historic Charm
    $899,900
    0.53 Acres
    Multifamily Property with Historic Charm

    Well-maintained 9-unit multifamily property with historic charm and modern updates.

    215 S 5th Street, Montevideo, MN 56265

    View details
    Arlington Mixed-Use Investment Opportunity
    $325,000
    12,000 SF
    Arlington Mixed-Use Investment Opportunity

    Mixed-use property with commercial and residential units in Arlington, MN.

    418 W Main Street, Arlington, MN 55307

    View details
    Commercial/Industrial
    $325,000
    10,897 SF
    Commercial/Industrial

    Mixed-use properties · 10,897 SF

    418 W Main Street, Arlington, MN 55307

    View details
    Montevideo Residential Income Property
    $449,900
    5,800 SF
    Montevideo Residential Income Property

    5,800 SF residential income property in Montevideo, Minnesota.

    1806 Lincoln Ave, Montevideo, MN 56265

    View details

    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.

    Waterfront Recreational Land Parcel
    $124,900
    9.30 Acres
    Waterfront Recreational Land Parcel

    Private lakeshore acreage with a gravel central drive and recognized RV or seasonal campground potential, subject to approvals.

    Fulda, MN 56131

    View details
    Land for Multi-Family Housing
    $249,900
    2.16 Acres
    Land for Multi-Family Housing

    2.16 acre lot zoned for multi-family housing development.

    1610 7th Avenue E, Alexandria, MN 56308

    View details
    Alexandria Lakeshore Property with Rental Opportunity
    $798,500
    15.62 Acres
    Alexandria Lakeshore Property with Rental Opportunity

    Lakeshore property with rental cabins and RV sites near Alexandria.

    5950 County Road 8 NW, Alexandria, MN 56308

    View details
    Commercial Land Near Freeway
    $799,000
    9.20 Acres
    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037

    View details

    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
    Value Estimation by Request

    900 Elm St, Redwood Falls, MN 56283-1356

    View details
    Redwood Falls, MN 56283
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.65 Acres
    Value Estimation by Request

    Redwood Falls, MN 56283

    View details

    Redwood Falls, MN Multifamily Properties Investment Opportunities Market Analysis

    Explore 3 multifamily properties for sale in Redwood Falls, MN on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale, with an estimated market value of $144,888.

    Sale prices for multifamily properties in Redwood Falls, MN start at $144,888, averaging $144,888, and reaching up to $144,888 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56283 $144.9K

    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%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings