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    Springfield, MN
    Multifamily

    Springfield, MN Multifamily Properties for Sale

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    Sanborn, MN Clements, MN Morgan, MN Sleepy Eye, MN Lamberton, MN Hanska, MN Mountain Lake, MN Redwood Falls, MN
    4-Unit Apartment Building with Garages
    Updated: Jul 24
    4-Unit Apartment Building with Garages

    202 N Cass Avenue, Springfield, MN 56087

    $234,900
    4,900 sqft 0.34 AC lot
    Four‑unit apartment property with all units leased and a waiting list
    4,900 square feet on a 0.344‑acre corner lot
    Detached garages and parking lot
    Brick construction with forced‑air heating
    Flat rubber roof; newer roof and furnaces
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    Four-Unit Apartment Quadplex
    Updated: Aug 22
    Four-Unit Apartment Quadplex

    305 N Van Buren Ave, Springfield, MN 56087

    $290,000
    2,400 sqft
    Four apartment units: two one‑bedroom and two two‑bedroom apartments
    All four units are currently occupied
    2,400 square feet; built in 1970
    Four detached garage stalls
    Coin‑operated laundry on site
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Multifamily for sale in Springfield, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Side-by-Side Duplex With Garages
    Side-by-Side Duplex With Garages

    2230-2228 W Dream Drive, North Mankato, MN 56003

    $675,000
    2,172 sqft 1.08 AC lot

    Two residential units feature three-level layouts, walkout lower levels, and attached garages.

    View details
    Renovated Side-by-Side Duplex
    Renovated Side-by-Side Duplex

    2230-2228 W Dream Drive, North Mankato, MN 56003

    $675,000
    4,040 sqft 1.00 AC lot

    Both residences span three levels and include walkout lower levels, attached garages, and maintenance-free decks.

    View details
    32-Unit Senior Housing Property
    32-Unit Senior Housing Property

    3200 Maple Ave Unit 2, Slayton, MN 56172

    $599,900
    27,513 sqft

    One-bedroom layouts include common areas, on-site parking, and individually metered electric.

    View details
    32-Unit Senior Apartment Building
    32-Unit Senior Apartment Building

    2-3200 Maple Ave, Slayton, MN 56172

    $599,900

    One-bedroom residences include shared amenities, separately metered electricity, and on-site parking.

    View details

    Springfield, MN Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Springfield, MN on our real estate platform. These investment opportunities span a total of 7,300 square feet of properties for sale, with an estimated market value of $524,900.

    Sale prices for multifamily properties in Springfield, MN start at $234,900, averaging $262,450, and reaching up to $290,000 — 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

    Quadplexes 2

    Demographics Overview

    Population 3,240
    Population Growth (5Y) +8.4%
    Median Household Income $64,566
    College Educated 31.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56087 $271K

    Taxes & Financing

    Tax Rate (average for all types) 2.81%
    Property Tax per SF $24.68 per SF
    Tax Rate vs County Average 0.65 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Brown County

    New Delisted

    How Realmo verifies these figures

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