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    Sleepy Eye, MN
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    Sleepy Eye, MN Multifamily Properties for Sale

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    Office Building with Apartments
    Updated: Jul 28
    Office Building with Apartments

    140 W Main Street, Sleepy Eye, MN 56085

    Contact for pricing
    2,175 sqft
    Two upper‑level apartments with tenants paying their own utilities
    Main‑floor office includes reception, large office, small office, bathroom, utility room, and break‑area space
    Rear storage area measures 32 x 22 feet
    Main‑floor room measures 43 x 18 feet
    One‑stall garage measures 22 x 12 feet and has a manual door
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Sleepy Eye, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Duplex With Private Entrances
    Duplex With Private Entrances

    802 Le Hillier St, Mankato, MN 56001

    $249,900
    1,500 sqft

    Two residential units offer distinct layouts, private access, laundry space, storage, and included appliances.

    View details
    Converted Motel Apartment Community
    Converted Motel Apartment Community

    1955 FIRST AVE N, Windom, MN 56101

    Contact for pricing
    27,332 sqft

    Three-building affordable apartment community with 37 units, renovated in 2020, plus garages, lockers, and on-site leasing.

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    Duplex with Private Entrances and Patio
    Duplex with Private Entrances and Patio

    802 LeHiller Street, Mankato, MN 56001

    $249,900
    0.22 AC lot

    Duplex on a gravel driveway with forced-air heat, featuring two private entrances and a block patio for outdoor living.

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    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    310 8th Street, Windom, MN 56101

    Contact for pricing

    Two separate duplex units feature private garages and in-unit HVAC, with decks and patios for outdoor 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.

    View details
    Waterfront Land with Boat Lift
    Waterfront Land with Boat Lift

    21425 Sunset Trail, Lake Preston, SD 57249

    $193,800
    0.46 AC lot

    Lake Thompson lake lot with on-site utilities and a Hewitt boat lift for convenient seasonal boating and fishing.

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    Sleepy Eye, MN Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Sleepy Eye, MN on our real estate platform. These investment opportunities span a total of 2,175 square feet of properties for sale.

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    Demographics Overview

    Population 5,013
    Population Growth (5Y) -4.9%
    Median Household Income $70,429
    College Educated 22.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56085 $134.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.60%
    Property Tax per SF $13.24 per SF
    Tax Rate vs County Average 0.56 pp below county avg
    Average Loan-to-Value 65.0%

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