Residential Income

Blue Earth, MN Residential Income Properties for Sale

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Three 8-Plex Apartment Building
Updated: Jun 21
Three 8-Plex Apartment Building

120 E 13th St, Blue Earth, MN 56013

$1,225,000
0.97 AC lot
Village Green Apartments offers 24 units: 14 two‑bedroom and 10 one‑bedroom, each with 1 bathroom
Property includes three 8‑plexes on a 0.97‑acre corner lot
On‑site coin laundry facilities are provided in each building
34 separate off‑street parking spaces for residents and guests
Built in 1979–1980 with newer water heaters and updated appliances in the units
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Value-Add Apartment Opportunity
Updated: May 21
Value-Add Apartment Opportunity

830 Moore St., Blue Earth, MN 56013

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19,200 sqft 0.97 AC lot
Value‑add opportunity with potential for increased value through rent increases and expense management.
Favorable unit mix with a combination of two‑bedroom and one‑bedroom apartments.
Newer water heaters.
On‑site coin laundry.
Ample off‑street parking.
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Blue Earth, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Two-Building Apartment Property
Two-Building Apartment Property

111 & 107 Dorothy Street, Fairmont, MN 56031

$250,000
14,332 sqft 1.60 AC lot

Vacant multifamily property with shared kitchen facilities, a maintenance garage, and substantial on-site parking.

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Income-Producing Triplex Property
Income-Producing Triplex Property

403 S 4Th Avenue E, Lake Mills, IA 50450

Contact for pricing
0.48 AC lot

Triplex with three tenant-occupied units and a 2025 boiler, plus outdoor space and a detached double garage.

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City Side Estates Apartments
City Side Estates Apartments

600 Burton Lane, Fairmont, MN 56031

Contact for pricing
36,840 sqft

36-unit apartment complex in Fairmont, MN, with 19 garages.

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8-Plex Residential Income Property
8-Plex Residential Income Property

207 S Lake Street, Lake Mills, IA 50450

Contact for pricing

8-plex rental property with six one-bedroom and two two-bedroom apartments, with select units updated with newer flooring and paint.

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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.

Residential Lot in Easton, MN
Residential Lot in Easton, MN

Cedar Street, Easton, MN 56025

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0.16 AC lot

Residential building lot available in Easton, Minnesota.

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Residential Buildable Lot
Residential Buildable Lot

114 Main St, Walters, MN 56097

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0.23 AC lot

Build your next home on a small residential lot with utilities available nearby in a quiet Walters community.

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Bancroft Vacant Land Opportunity
Bancroft Vacant Land Opportunity

208 Public St, Bancroft, IA 50517

$79,900
4.00 AC lot

4+/- acres of land suitable for residential development in Bancroft, IA.

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Vacant Land in Crystal Lake
Vacant Land in Crystal Lake

450 E 3rd St, Crystal Lake, IA 50432

$40,000

Two vacant land parcels in Crystal Lake, Iowa.

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Blue Earth, MN Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Blue Earth, MN on our real estate platform. These investment opportunities span a total of 19,200 square feet of properties for sale, with an estimated market value of $1,225,000.

Sale prices for residential income properties in Blue Earth, MN average $1,225,000 — 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 2
Multifamily properties 2

Demographics Overview

Population 4,534
Population Growth (5Y) +6.0%
Median Household Income $64,360
College Educated 33.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56013 $822.5K

Taxes & Financing

Tax Rate (average for all types) 2.96%
Property Tax per SF $23.96 per SF
Average Loan-to-Value 65.0%

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