Multifamily

Windom, MN Multifamily Properties for Sale

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Converted Motel Apartment Community
Updated: May 15
Converted Motel Apartment Community

1955 FIRST AVE N, Windom, MN 56101

$4,200,000
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
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Two-Unit Duplex with Garages
Updated: Apr 13
Two-Unit Duplex with Garages

310 8th Street, Windom, MN 56101

Contact for pricing
Two‑unit duplex with Unit A (1 bed, 1‑3/4 bath) and Unit B (2 bed, 1 full bath)
Unit A features large open living and dining areas with windows and sliding doors to the deck
Unit A includes an eat‑in kitchen near the deck for grilling, plus bedroom access to a walk‑in closet
Both units include single‑car garages and their own furnace, A/C, and water heater
Appliances staying: Unit A dishwasher, refrigerator, and washer/dryer; Unit B refrigerator, range, and washer/dryer
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Triplex Rental Property with Lake Views
Triplex Rental Property with Lake Views

41 Dewey Street, Arnolds Park, IA 51331

$799,000
0.32 AC lot

Three distinct rental units, including a long-term tenant, with outdoor gathering space and lake views in Arnolds Park.

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Golf Course Patio Home
Golf Course Patio Home

1018 Emerald Hills Drive, Arnolds Park, IA 51331

$595,000
1,885 sqft

Move-in ready duplex on Emerald Hills Golf Course.

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Duplex with Covered Patio
Duplex with Covered Patio

3102 Spruce CT., Spirit Lake, IA 51360

$419,900
1,425 sqft 0.18 AC lot

Duplex featuring an open layout with 9-foot ceilings and a covered patio for outdoor grilling and relaxation.

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Spirit Lake Eight-Unit Apartment Building
Spirit Lake Eight-Unit Apartment Building

1501 Hill Ave, Spirit Lake, IA 51360

$900,000

Eight-unit apartment building in downtown Spirit Lake, Iowa.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Lakeshore Recreation Land Parcel
Lakeshore Recreation Land Parcel

Tripp, Fulda, MN 56131

$124,900
9.30 AC lot

Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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Lakefront Recreation Lot with Boat Lift
Lakefront Recreation Lot with Boat Lift

21425 Sunset Trail, Lake Preston, SD 57249

$193,800
0.46 AC lot

Manageable lakefront lot with utilities on site, approximately 75 feet of shoreline, and a boat lift for seasonal water use.

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Land for Multi-Family Housing
Land for Multi-Family Housing

1610 7th Avenue E, Alexandria, MN 56308

$249,900
2.16 AC lot

2.16 acre lot zoned for multi-family housing development.

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Alexandria Lakeshore Property with Rental Opportunity
Alexandria Lakeshore Property with Rental Opportunity

5950 County Road 8 NW, Alexandria, MN 56308

$798,500
15.62 AC lot

Lakeshore property with rental cabins and RV sites near Alexandria.

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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

Value Estimation by Request
56,019 sqft 1.88 AC lot
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Windom, MN Multifamily Properties Market Trends and Statistics

Explore 3 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, with an estimated market value of $4,200,000.

Sale prices for multifamily properties in Windom, MN average $4,200,000 — 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 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%

Listings Trend

New vs delisted commercial listings in Cottonwood County

New Delisted

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