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    Windom, MN Multifamily Properties for Sale

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    Bingham Lake, MN Jackson, MN Mountain Lake, MN Heron Lake, MN Okabena, MN Westbrook, MN Butterfield, MN Ormsby, MN
    Converted Motel Apartment Community
    Updated: May 15
    Converted Motel Apartment Community

    1955 FIRST AVE N, Windom, MN 56101

    Contact for pricing
    27,332 sqft
    Converted motel into a 3‑building affordable apartment community with 37 apartment units
    Built in 2000 and extensively renovated in 2020, including updated kitchens, bathrooms, and vinyl plank flooring throughout
    On‑site amenities include leasing office, laundry facility, and dedicated mail room
    Includes 10 detached garages and 4 storage lockers for resident storage and parking
    Existing property tax abatement in place to support cash flow
    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 Windom, 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.

    4-Unit Apartment Building with Garages
    4-Unit Apartment Building with Garages

    202 N Cass Avenue, Springfield, MN 56087

    $252,000
    4,900 sqft 0.34 AC lot

    All four residences are leased, with a waiting list in place.

    View details
    Hotel Property with Manager Suite
    Hotel Property with Manager Suite

    1923 Dover St, Worthington, MN 56187

    $899,000
    2,921 sqft

    Three-building hospitality property with 36 furnished rooms and an attached office.

    View details
    Four-Unit Apartment Quadplex
    Four-Unit Apartment Quadplex

    305 N Van Buren Ave, Springfield, MN 56087

    $290,000
    2,400 sqft

    Fully occupied residential income property with mixed unit layouts, detached garages, and coin-operated laundry.

    View details
    Duplex with Separate Entrances
    Duplex with Separate Entrances

    1543 Dover St, Worthington, MN 56187

    $169,900
    1,350 sqft

    Two-unit property with separately metered utilities and tenant-paid gas, electric, water, and trash.

    View details

    Off-Market Properties in Windom, MN

    Consider similar Off-Market properties in Windom, 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.

    1685 Redding Ave
    Multifamily properties

    1685 Redding Ave, Windom, MN 56101

    Estimated value: by Request
    56,019 sqft 1.88 AC lot
    View details

    Windom, MN Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Windom, MN on our real estate platform. These investment opportunities span a total of 27,332 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 6,081
    Population Growth (5Y) +3.3%
    Median Household Income $71,354
    College Educated 31.2%

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Property Tax per SF $34.49 per SF
    Tax Rate vs County Average 0.34 pp above county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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    • 56101

    Featured Windom Real Estate Agencies

    Realmo connects you with licensed Windom CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    River's Edge Realty, LLC
    570 2nd Avenue, PO box 13 Windom, MN 56101
    Phone: (507) 831-2819
    www.riversedgeteam.com
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