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    Wells, MN
    Multifamily

    Wells, MN Multifamily Properties for Sale

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    10-Unit Apartment Building
    Updated: Feb 3
    10-Unit Apartment Building

    10 1st Avenue NW, Wells, MN 56097

    $315,000
    0.16 AC lot
    10 apartments: 2 studios, 4 one‑bedroom units, and 4 two‑bedroom units
    One vacant two‑bedroom apartment is being remodeled
    Owner‑provided, non‑coin‑operated washer and dryer
    Unfinished basement used for storage and supplies, plus additional rental storage spaces
    Built in 1948 on a 0.16‑acre parcel
    View details
    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
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Wells, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Triplex with Detached Double Garage
    Triplex with Detached Double Garage

    403 S 4Th Avenue E, Lake Mills, IA 50450

    $109,900
    1,811 sqft 0.48 AC lot

    Occupied triplex with varied apartment layouts, outdoor space, and a recently installed boiler.

    View details
    Duplex with Detached Garage
    Duplex with Detached Garage

    221 N 3rd Ave, Albert Lea, MN 56007

    $169,900
    1,990 sqft

    Two separately entered residences provide a flexible configuration for owner occupancy or rental use.

    View details
    8-Unit Apartment Building
    8-Unit Apartment Building

    207 S Lake Street, Lake Mills, IA 50450

    $150,000
    0.20 AC lot

    The property offers a mix of one- and two-bedroom apartment layouts, with several units featuring newer flooring and paint.

    View details
    Side-by-Side Duplex Near Medical Center
    Side-by-Side Duplex Near Medical Center

    Albert Lea, MN 56007

    $150,000

    City-licensed duplex with one remodeled unit and a second unit being prepared for occupancy.

    View details

    Off-Market Properties in Wells, MN

    Consider similar Off-Market properties in Wells, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    400 4Th Ave
    Multifamily properties

    400 4Th Ave, Wells, MN 56097

    Estimated value: by Request
    21,284 sqft 5.19 AC lot
    View details

    Wells, MN Multifamily Properties Market Trends and Statistics

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

    Sale prices for multifamily properties in Wells, MN average $315,000 — 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 3,593
    Population Growth (5Y) -3.4%
    Median Household Income $63,646
    College Educated 26.2%

    Taxes & Financing

    Tax Rate (average for all types) 2.90%
    Property Tax per SF $26.96 per SF
    Average Loan-to-Value 65.0%

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