Multifamily

Young America, MN Multifamily Properties for Sale

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Updated Three-Unit Multifamily Property
Updated: Aug 5
Updated Three-Unit Multifamily Property

213 Main St E, Young America, MN 55397

$374,900
3,762 sqft
3,762‑square‑foot triplex built in 1920
Unit mix includes one 1‑bedroom, one 2‑bedroom, and one 2‑bedroom unit with an extra room
Fully rented to long‑term tenants
Coin‑operated laundry on‑site
Private parking lot
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Four-Unit Multifamily Building
Updated: Jul 20
Four-Unit Multifamily Building

202 Main St E, Norwood Young America, MN 55397

$310,000
3,121 sqft
Four‑unit property with 3,121 SF, built in 1860
Currently fully rented
Two units located on the main floor
New furnace and AC installed in 2022
Electrical system updated in 2021; new water heater added in 2025
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Young America, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Mixed-Use Property with 4 Apartments
Mixed-Use Property with 4 Apartments

518 Central Ave, Lester Prairie, MN 55354

$325,000
6,288 sqft

Main-floor commercial space offers a step-free entrance directly from the street.

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Mixed-Use Building with 4 Apartments
Mixed-Use Building with 4 Apartments

518 Central Avenue, Lester Prairie, MN 55354

$325,000
0.14 AC lot

Four occupied apartments accompany a street-level commercial area with step-free entry and immediate lease availability.

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Highway Duplex with Heated Garage
Highway Duplex with Heated Garage

208 State Highway 5, Arlington, MN 55307

$164,000
1,853 sqft

Two residential units pair with a finished accessory garage and flexible former storefront configuration.

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Duplex With Heated Detached Garage
Duplex With Heated Detached Garage

208 Mn-5, Arlington, MN 55307

$164,000
2,693 sqft 0.19 AC lot

Two residential units accompany a detached garage that most recently served as a storefront.

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Young America, MN Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Young America, MN on our real estate platform. These investment opportunities span a total of 6,883 square feet of properties for sale, with an estimated market value of $684,900.

Sale prices for multifamily properties in Young America, MN start at $310,000, averaging $342,450, and reaching up to $374,900 — 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

Triplexes 1

Demographics Overview

Population 3,335
Population Growth (5Y) +18.1%
Median Household Income $77,227
College Educated 1.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55397 $374.9K

Taxes & Financing

Tax Rate (average for all types) 2.77%
Property Tax per SF $39.82 per SF
Tax Rate vs County Average 0.55 pp above county avg
Average Loan-to-Value 65.0%

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