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White Bear Lake, MN

Multifamily

White Bear Lake, MN Multifamily Properties for Sale

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Saint Paul, MN Hugo, MN Vadnais Heights, MN Mahtomedi, MN North Oaks, MN Lino Lakes, MN Maplewood, MN Oakdale, MN

Mixed-Use Building with Restaurant

Updated: Jun 2

Mixed-Use Building with Restaurant

4466 Centerville Road, White Bear Lake, MN 55127

$925,000

0.29 AC lot

Mixed‑use building with restaurant and catering configuration on the main level
Two upstairs apartments are currently leased
Walk‑in refrigerator, freezer, hood, bar top, and ice maker included
New roof completed in 2024; air conditioner and water heater updated in 2019
0.29‑acre site with off‑street parking and signage opportunity

White Bear Lake Restaurant/Apartment Building

Updated: Nov 24, 2025

White Bear Lake Restaurant/Apartment Building

4466 Centerville Rd, White Bear Lake, MN

Contact for pricing

5,300 sqft 0.29 AC lot

Prime White Bear Lake Location
Newer Restaurant Buildout / Catering
Includes 2 Apartments on Floor 2
Free Standing
Multi‑Tenant

See what stands out in Ramsey County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 2 Active listings in White Bear Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 22 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.

Duplex with Lake Access

Duplex with Lake Access

60 Grove Street, Mahtomedi, MN 55115

$500,000

2,416 sqft 0.16 AC lot

Updated duplex with a new deck, spacious backyard, and shared dock access to White Bear Lake.

Side-by-Side Duplex with Walk-Outs

Side-by-Side Duplex with Walk-Outs

1745 Duluth St, Maplewood, MN 55109

$649,000

3,732 sqft

Two connected residences offer separate layouts, basement utility, patios, and recent major system updates.

Updated Duplex with Lake Access

Updated Duplex with Lake Access

60 Grove St, Mahtomedi, MN 55115

$500,000

2,416 sqft

Updated interiors, a new deck, and shared dock access support outdoor living near White Bear Lake.

Side-by-Side Duplex

Side-by-Side Duplex

1745 Duluth Street, Maplewood, MN 55109

$649,000

3,732 sqft 0.28 AC lot

Two walk-out units feature private patios, updated mechanical systems, and refreshed kitchen flooring.

Off-Market Properties in White Bear Lake, MN

Consider similar Off-Market properties in White Bear Lake, 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.

3820 Hoffman Rd

APARTMENT HOUSE (100+ UNITS)

3820 Hoffman Rd, White Bear Lake, MN 55110-5001

$15,575,000

Estimated value

211,420 sqft 5.22 AC lot

1711 County Rd Ee

APARTMENT HOUSE (100+ UNITS)

1711 County Rd Ee, White Bear Lake, MN 55110-5545

$760,000

Estimated value

2.99 AC lot

1441 Park St

APARTMENT HOUSE (100+ UNITS)

1441 Park St, White Bear Lake, MN 55110-7700

$15,105,000

Estimated value

146,942 sqft 8.22 AC lot

1652 9th St

APARTMENT HOUSE (5+ UNITS)

1652 9th St, White Bear Lake, MN 55110-6736

$775,000

Estimated value

10,176 sqft 0.89 AC lot

4650 Centerville Rd

APARTMENT HOUSE (100+ UNITS)

4650 Centerville Rd, White Bear Lake, MN 55127-3200

$10,470,000

Estimated value

4.70 AC lot

2207 6th St

APARTMENT HOUSE (5+ UNITS)

2207 6th St, White Bear Lake, MN 55110-2808

$605,000

Estimated value

9,768 sqft 0.18 AC lot

3525 Century N Ave

APARTMENT HOUSE (5+ UNITS)

3525 Century N Ave, White Bear Lake, MN 55110-5694

$5,575,000

Estimated value

13,386 sqft 9.98 AC lot

4878 Stewart Ave

APARTMENT HOUSE (5+ UNITS)

4878 Stewart Ave, White Bear Lake, MN 55110-2843

$285,000

Estimated value

5,040 sqft 0.33 AC lot

4890 Morehead Ave

APARTMENT HOUSE (5+ UNITS)

4890 Morehead Ave, White Bear Lake, MN 55110-2832

$255,000

Estimated value

3,600 sqft 0.16 AC lot

3637 Bellaire Ave

APARTMENT HOUSE (5+ UNITS)

3637 Bellaire Ave, White Bear Lake, MN 55110-4975

$825,000

Estimated value

19,800 sqft 1.24 AC lot

3900 Linden St

APARTMENT HOUSE (5+ UNITS)

3900 Linden St, White Bear Lake, MN 55110-5500

$2,935,000

Estimated value

32,352 sqft 2.64 AC lot

1821 Cedar Ave

APARTMENT HOUSE (5+ UNITS)

1821 Cedar Ave, White Bear Lake, MN 55110-4286

$4,050,000

Estimated value

46,494 sqft 2.50 AC lot

3533 Willow Ave

APARTMENT HOUSE (5+ UNITS)

3533 Willow Ave, White Bear Lake, MN 55110-5392

$11,320,000

Estimated value

134,280 sqft 4.00 AC lot

3139 Mcknight N Rd

APARTMENT HOUSE (100+ UNITS)

3139 Mcknight N Rd, White Bear Lake, MN 55110-7531

$9,550,000

Estimated value

116,316 sqft 8.70 AC lot

3900 Hoffman Rd

APARTMENT HOUSE (5+ UNITS)

3900 Hoffman Rd, White Bear Lake, MN 55110-4659

$5,655,000

Estimated value

70,140 sqft 4.34 AC lot

3731 Highland Ave

APARTMENT HOUSE (5+ UNITS)

3731 Highland Ave, White Bear Lake, MN 55110-7340

$3,470,000

Estimated value

40,320 sqft 3.82 AC lot

2095 Dotte Dr

APARTMENT HOUSE (5+ UNITS)

2095 Dotte Dr, White Bear Lake, MN 55110-4372

$5,770,000

Estimated value

68,616 sqft 3.50 AC lot

4800 Division Ave

APARTMENT HOUSE (5+ UNITS)

4800 Division Ave, White Bear Lake, MN 55110-5942

$9,185,000

Estimated value

98,626 sqft 2.19 AC lot

4770 Centerville Rd

APARTMENT HOUSE (100+ UNITS)

4770 Centerville Rd, White Bear Lake, MN 55127-2335

$10,485,000

Estimated value

106,400 sqft 18.28 AC lot

4852 Birch Lk Cir

APARTMENT HOUSE (100+ UNITS)

4852 Birch Lk Cir, White Bear Lake, MN 55110-6714

$10,950,000

Estimated value

112,320 sqft 17.11 AC lot

1700 4th St

APARTMENT HOUSE (5+ UNITS)

1700 4th St, White Bear Lake, MN 55110-3189

$3,090,000

Estimated value

30,573 sqft 6.21 AC lot

2048 County Rd F E F

APARTMENT HOUSE (5+ UNITS)

2048 County Rd F E F, White Bear Lake, MN 55110-3833

$1,140,000

Estimated value

11,130 sqft 1.82 AC lot

White Bear Lake, MN Multifamily Properties Market Trends and Statistics

Explore 24 multifamily properties for sale in White Bear Lake, MN on our real estate platform. These investment opportunities span a total of 5,300 square feet of properties for sale, with an estimated market value of $925,000.

Sale prices for multifamily properties in White Bear Lake, MN average $925,000 — 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

Demographics Overview

Population 65K

Population Growth (5Y) -3.0%

Median Household Income $106,748

College Educated 74.7%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
Saint Paul - 55127	$925K

Listings Trend

New vs delisted commercial listings in Ramsey County

New Delisted

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