Residential Income

Belle Plaine, MN Residential Income Properties for Sale

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Jordan, MN Cologne, MN Henderson, MN Carver, MN New Prague, MN Norwood Young America, MN Chaska, MN Le Sueur, MN
Three-Unit Residential Income Property
Updated: Aug 31
Three-Unit Residential Income Property

520 W State St, Belle Plaine, MN 56011

$429,900
3,600 sqft
Three separate rental units in one 3,600‑square‑foot triplex
Upper residence includes 4 bedrooms and 2 bathrooms
Two lower‑level units each include 1 bedroom and in‑unit laundry
Two private decks serve the upper‑level residence
Private backyard patio provided for each lower‑level unit
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See hot listings in Belle Plaine

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Belle Plaine, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 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.

Side-by-Side Duplex
Side-by-Side Duplex

214 1st Avenue NW, New Prague, MN 56071

$339,900
1,600 sqft 0.14 AC lot

Both residences provide main-level living and their own entrances, with unfinished basements below.

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Brick Side-by-Side Duplex
Brick Side-by-Side Duplex

214 1st Ave NW, New Prague, MN 56071

$339,900
1,600 sqft

Two-unit property with separate entrances, main-level living, a concrete driveway, and a two-car garage.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

221 Bridge St, Le Sueur, MN 56058

$147,700
1,645 sqft

Two one-bedroom residences offer separate utilities, parking options, and recent exterior improvements.

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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

205 S Main Street, Le Sueur, MN 56058

$370,000
0.04 AC lot

Two updated one-bedroom apartments occupy the upper level above a fully equipped dining space.

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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.

Belle Plaine Land Development Opportunity
Belle Plaine Land Development Opportunity

Belle Plaine, MN 56011

$800,000
22.24 AC lot

22+ acres in Belle Plaine ready for development.

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15 Acres Buildable Land
15 Acres Buildable Land

Scenic Byway Road, Henderson, MN 56044

$284,900
15.00 AC lot

15 acres of premier buildable land near Minnesota River Valley.

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Land with Development Potential
Land with Development Potential

XXX South Lot South Street, Henderson, MN 56044

$90,000
4.16 AC lot

4+ acre lot near downtown Henderson, MN.

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Henderson Land Parcel For Sale
Henderson Land Parcel For Sale

XXX North Lot South Street, Henderson, MN 56044

$75,000
3.20 AC lot

3+ acre corner lot suitable for development in Henderson, MN.

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Off-Market Properties in Belle Plaine, MN

Consider similar Off-Market properties in Belle Plaine, 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.

300 Meridian St
APARTMENT HOUSE (UNDER 5 UNITS)

300 Meridian St, Belle Plaine, MN 56011-1920

Estimated value:
$290,000
2,040 sqft 0.34 AC lot
View details
602 Frst St
MOBILE HOME PARK, TRAILER PARK

602 Frst St, Belle Plaine, MN 56011-1258

Estimated value:
$280,000
2.61 AC lot
View details
Xx Aspen Ln
Land

0 Xx Aspen Ln, Belle Plaine, MN 56011

Estimated value: by Request
1.42 AC lot
View details
1X Aspen Ln
Land

1X Aspen Ln, Belle Plaine, MN 56011

Estimated value: by Request
1.38 AC lot
View details
State St
Land

0 State St, Belle Plaine, MN 56011

Estimated value: by Request
20.70 AC lot
View details
802 Frst St
MOBILE HOME PARK, TRAILER PARK

802 Frst St, Belle Plaine, MN 56011-1257

Estimated value:
$245,000
0.64 AC lot
View details
501 Frst St
MOBILE HOME PARK, TRAILER PARK

501 Frst St, Belle Plaine, MN 56011-1450

Estimated value:
$280,000
2.35 AC lot
View details
602 Ct St
MOBILE HOME PARK, TRAILER PARK

602 Ct St, Belle Plaine, MN 56011-1237

Estimated value:
$285,000
2.39 AC lot
View details
401 Cherry St
MOBILE HOME PARK, TRAILER PARK

401 Cherry St, Belle Plaine, MN 56011-4509

Estimated value:
$285,000
2.23 AC lot
View details

Belle Plaine, MN Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Belle Plaine, MN on our real estate platform. These investment opportunities span a total of 3,600 square feet of properties for sale, with an estimated market value of $429,900.

Sale prices for residential investment properties in Belle Plaine, MN average $429,900 — 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

Multifamily properties 1
Triplexes 1

Demographics Overview

Population 9,672
Population Growth (5Y) +3.9%
Median Household Income $99,628
College Educated 33.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56011 $429.9K

Taxes & Financing

Tax Rate (average for all types) 2.73%
Property Tax per SF $32.64 per SF
Tax Rate vs County Average 0.29 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Scott County

New Delisted

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