Multifamily

Willmar, MN Multifamily Properties for Sale

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Updated Two-Unit Duplex
Updated: Apr 29
Updated Two-Unit Duplex

420 8th Street SW, Willmar, MN 56201

$129,900
1,800 sqft 0.26 AC lot
Two‑unit duplex with 1,800 square feet of building area
Each apartment includes 2 bedrooms, a living area, a kitchen, and a bathroom
Both units are fully rented
Detached three‑stall garage plus off‑street parking
Set on 0.261 acres at 420 8th Street SW
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Willmar, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Residential Income Property in Montevideo
Residential Income Property in Montevideo

1806 Lincoln Ave, Montevideo, MN 56265

$449,900
5,800 sqft 0.58 AC lot

5,800 SF residential building suitable for shared-living or specialty housing.

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Duplex with Lake Views
Duplex with Lake Views

276 Minnesota Ave W, Glenwood, MN 56334

$229,900
1,914 sqft

Two-unit property with shared laundry, a garage, and lower-level space rough-in for a possible third unit.

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Fully Leased Duplex
Fully Leased Duplex

820 N 6th St, Montevideo, MN 56265

$165,000
2,448 sqft

Two-unit duplex is currently fully leased, providing residential rental income under one property ownership.

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Lake-View Duplex with Garage
Lake-View Duplex with Garage

276 Minnesota Avenue W, Glenwood, MN 56334

$229,900
1,914 sqft 0.20 AC lot

Two-unit property with shared laundry, off-street parking, and lower-level space rough-in for potential expansion.

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Off-Market Properties in Willmar, MN

Consider similar Off-Market properties in Willmar, 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.

401 30th NW St
MOBILE HOME PARK, TRAILER PARK

401 30th NW St, Willmar, MN 56201-2373

Estimated value:
$500,000
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1400 Lakeland NE Dr
MOBILE HOME PARK, TRAILER PARK

1400 Lakeland NE Dr, Willmar, MN 56201-6121

Estimated value:
$3,335,000
View details
500 Russell NW St
BOARDING/ROOMING HOUSE

500 Russell NW St, Willmar, MN 56201-2583

Estimated value:
$75,000
View details

Willmar, MN Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Willmar, MN on our real estate platform. These investment opportunities span a total of 1,800 square feet of properties for sale, with an estimated market value of $129,900.

Sale prices for multifamily properties in Willmar, MN average $129,900 — 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

Duplexes 1

Demographics Overview

Population 25K
Population Growth (5Y) +7.2%
Median Household Income $68,054
College Educated 34.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56201 $129.9K

Taxes & Financing

Tax Rate (average for all types) 2.65%
Property Tax per SF $1.47 per SF
Tax Rate vs County Average 0.23 pp above county avg
Average Loan-to-Value 65.0%

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