Multifamily

Waterville, MN Multifamily Properties for Sale

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Janesville, MN Elysian, MN Morristown, MN Kilkenny, MN Waseca, MN Faribault, MN Warsaw, MN Cleveland, MN
Waterfront Resort with RV Sites
Updated: Sep 30, 2025
Waterfront Resort with RV Sites

925 Paquin St E, Waterville, MN 56096

$1,700,000
32 seasonal RV camping sites
Two lakefront vacation cabins
On‑site home included
Approximately 450' of Lake Sakatah shoreline
Direct lake access for boating, canoeing, and fishing
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Renovated Mixed-Use Building
Updated: Apr 12
Renovated Mixed-Use Building

259 E Main Street, Waterville, MN 56096

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Renovated late‑1800s mixed‑use building at 259 E Main Street
Ground‑floor retail space currently leased to a coffee shop
Two‑sided storefront on a corner lot
Separate secure access serves the upstairs apartments
Efficiency apartment with 12‑foot ceilings and updated kitchen and bath
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Waterville, 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.

Duplex With In-Unit Laundry
Duplex With In-Unit Laundry

210 7th Ave NE, Waseca, MN 56093

$149,900
2,244 sqft

Each residence includes dedicated laundry, functional layouts, off-street parking, and access to shared yard space.

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Duplex with Updated Boilers and Sewer Line
Duplex with Updated Boilers and Sewer Line

210 7th Avenue NE, Waseca, MN 56093

$149,900
2,244 sqft 0.11 AC lot

Well-maintained duplex with two 3-bedroom, 1-bath units, off-street parking, and in-unit washer/dryer.

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Mixed-Use Property with Outbuildings
Mixed-Use Property with Outbuildings

196 Main Street W, Elysian, MN 56028

$404,900
0.21 AC lot

Two apartments and a renovated office provide multiple occupancy configurations with dedicated parking and supplemental storage buildings.

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Mixed-Use Property with Outbuildings
Mixed-Use Property with Outbuildings

196 Main St W, Elysian, MN 56028

$409,900

Main Street property combines two apartments, an office suite, and powered auxiliary buildings for varied income-producing use.

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Waterville, MN Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Waterville, MN on our real estate platform.

Sale prices for multifamily properties in Waterville, MN average $1,700,000 — 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

Mobile home & RV parks 1

Demographics Overview

Population 2,874
Population Growth (5Y) -9.1%
Median Household Income $79,879
College Educated 24.3%

Taxes & Financing

Tax Rate (average for all types) 1.46%
Property Tax per SF $29.62 per SF
Tax Rate vs County Average 1.00 pp below county avg
Average Loan-to-Value 65.0%

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