Residential Income

Andover, MN Residential Income Properties for Sale

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Waterfront Residential Development Lot
Updated: Dec 2, 2025
Waterfront Residential Development Lot

13638 Gladiola Street NW, Andover, MN 55304

$245,000
0.44 AC lot
Lakeview at Sloth Farm: 5‑lot single‑family development with individual boat slips on Crooked Lake in Andover
New construction single‑level homes by Grandemoore Homes offer 2 floorplans ranging from 1,940–1,984 sq ft
Buyers can choose finishes, customizations, and upgrades (model home showcases available options)
Model home features include in‑floor heat, open‑concept gourmet kitchen, and vaulted ceilings
Includes primary bedroom with private bath, plus a second bedroom and second full bath, and a flex/office room
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Andover, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Updated Duplex with Detached Three-Car Garage
Updated Duplex with Detached Three-Car Garage

49 91st Lane NE, Blaine, MN 55434

$449,900
1,820 sqft 0.23 AC lot

Updated up/down duplex on a 0.23-acre lot, featuring a detached three-car garage and a boiler plus extensive interior improvements.

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Well-Maintained Duplex with Private Garages
Well-Maintained Duplex with Private Garages

1247 167th Avenue NE, Ham Lake, MN 55304

$379,900
1,914 sqft 0.36 AC lot

Two-unit duplex in the Andover School District with private tuck-under garages, decks, and separate laundry per unit.

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CD-1 Zoned Commercial Development Land
CD-1 Zoned Commercial Development Land

17910 Highway 65 NE, Ham Lake, MN 55304

$375,000
3.25 AC lot

3.25-acre CD-1 parcel with flexible commercial use potential and existing home and detached garage for interim operations.

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Updated Duplex with Three-Car Garage
Updated Duplex with Three-Car Garage

49 91st Ln NE, Blaine, MN 55434

Contact for pricing
1,820 sqft

Brick/stucco up-and-down duplex with 3-bedroom and 2-bedroom units plus a detached three-car garage and recent updates.

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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.

Waterfront Residential Development Lots
Waterfront Residential Development Lots

13652 Gladiola Street NW, Andover, MN 55304

$225,000
0.44 AC lot

Lakeview lots on Crooked Lake offer reserved boat slips for a future single-family home build.

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Champlin Land Opportunity
Champlin Land Opportunity

1411 Winnetka Avenue N, Champlin, MN 55316

$160,000
0.63 AC lot

0.63-acre lot in Champlin, build your custom home.

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48 Acres in Andover
48 Acres in Andover

15357 Prairie Road NW, Andover, MN 55304

$1,900,000
47.96 AC lot

48-acre property with rambler and outbuildings in Andover, Minnesota.

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Anoka Vacant Lot Near River
Anoka Vacant Lot Near River

1167 Benton Street, Anoka, MN 55303

$199,900
0.52 AC lot

Exceptional 0.52 acre vacant lot in Anoka's Whiskey Flats.

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Off-Market Properties in Andover, MN

Consider similar Off-Market properties in Andover, 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.

Andover, MN 55304
MOBILE HOME PARK, TRAILER PARK

Andover, MN 55304

$340,000
Estimated value
13.25 AC lot
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Andover, MN 55304
MOBILE HOME PARK, TRAILER PARK

Andover, MN 55304

$395,000
Estimated value
12.80 AC lot
View details

Andover, MN Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Andover, MN on our real estate platform.

Sale prices for residential income properties in Andover, MN average $245,000 — 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

Single family properties 1

Demographics Overview

Population 102K
Population Growth (5Y) +3.3%
Median Household Income $113,909
College Educated 44.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55304 $245K

Taxes & Financing

Tax Rate (average for all types) 2.17%
Property Tax per SF $42.57 per SF
Tax Rate vs County Average 0.26 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Anoka County

New Delisted

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