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    Silver Lake, MN
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    12-Unit Lakefront Apartment Building
    Updated: Oct 2
    12-Unit Lakefront Apartment Building

    127 Park Avenue SW, Silver Lake, MN 55381

    $1,200,000
    1.59 AC lot
    12 apartments: 10 one‑bedroom units and 2 two‑bedroom units
    Age‑restricted rental community for adults aged 50 and older
    Lakefront setting on a 1.59‑acre lot
    Built in 1984
    Coin‑operated laundry room and community room
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    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Silver Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with 4 Apartments
    Mixed-Use Property with 4 Apartments

    518 Central Ave, Lester Prairie, MN 55354

    $325,000
    6,288 sqft

    Main-floor commercial space offers a step-free entrance directly from the street.

    View details
    Mixed-Use Building with 4 Apartments
    Mixed-Use Building with 4 Apartments

    518 Central Avenue, Lester Prairie, MN 55354

    $325,000
    0.14 AC lot

    Four occupied apartments accompany a street-level commercial area with step-free entry and immediate lease availability.

    View details
    RV Resort Lot Near Lake
    RV Resort Lot Near Lake

    2945 County Road 4 #125 SW, Cokato, MN 55321

    $34,000
    0.07 AC lot

    Seasonal site with available electricity and access to extensive resort amenities.

    View details
    RV Resort Lot with Recreation
    RV Resort Lot with Recreation

    2945 County Road 4 #159 SW, Cokato, MN 55321

    $60,000
    0.08 AC lot

    Seasonal RV setting with a marina, sandy beach, heated pool, and extensive outdoor activities.

    View details

    Silver Lake, MN Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Silver Lake, MN on our real estate platform.

    Sale prices for multifamily properties in Silver Lake, MN average $1,200,000 — 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

    Apartment buildings 1

    Demographics Overview

    Population 2,001
    Population Growth (5Y) -0.1%
    Median Household Income $87,011
    College Educated 18.2%

    Taxes & Financing

    Tax Rate (average for all types) 2.82%
    Property Tax per SF $17.86 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McLeod County

    New Delisted

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