Advertise
    Springfield, MN
    Multifamily

    Springfield, MN Multifamily Properties for Sale

    Notify Me
    List
    Map
    Comfrey, MN Sanborn, MN Sleepy Eye, MN Wabasso, MN Lamberton, MN Hanska, MN Redwood Falls, MN Fairfax, MN
    Four-Unit Apartment Building
    Updated: Jul 24
    Four-Unit Apartment Building

    202 N Cass Avenue, Springfield, MN 56087

    $252,000
    4,900 sqft 0.34 AC lot
    Four‑unit apartment building with all units currently leased
    Corner lot setting with parking lot and detached garages
    Brick construction with brick/stone exterior
    Forced‑air heating and flat/rubber roofing
    Built in 1940; roof and furnaces described as newer
    View details
    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 Springfield, 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 Brick/Stone Exterior
    Duplex with Brick/Stone Exterior

    802 Le Hillier Street, Mankato, MN 56001

    $249,900
    2,550 sqft 0.22 AC lot

    Two-unit duplex on a 0.218-acre lot, with private entrances, appliance packages, and forced-air heating.

    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.

    View details
    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.

    View details
    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.

    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.

    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.

    View details
    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.

    View details
    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.

    View details

    Springfield, MN Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Springfield, MN on our real estate platform. These investment opportunities span a total of 4,900 square feet of properties for sale, with an estimated market value of $252,000.

    Sale prices for multifamily properties in Springfield, MN average $252,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 1

    Demographics Overview

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

    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%

    Need Help?

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

    Contact Us

    Popular Searches in Springfield, MN

    Most Searched ZIP Codes in Springfield, MN

    • 56087

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!