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    Blue Earth, MN
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    Blue Earth, MN Residential Income Properties for Sale

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    Winnebago, MN Easton, MN Fairmont, MN Rake, IA Bricelyn, MN Minnesota Lake, MN Amboy, MN Lakota, IA
    11-Unit Apartment Building
    Updated: Feb 2
    11-Unit Apartment Building

    905 E 5th Street, Blue Earth, MN 56013

    $419,900
    0.60 AC lot
    11 apartments: two studios, three 1‑bedroom, five 2‑bedroom, and one 3‑bedroom units
    9.1 Cap Rate, 5.4 GRM, 10% Cash on Cash 1st year, and 1.25 DSCR
    0.6‑acre property at 905 E 5th Street, Blue Earth, MN 56013
    Ten units have central air; each unit has a dedicated furnace and individual utility metering
    Seller‑owned coin‑operated washer and dryer included; laundry room supports two washers and two dryers
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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 8 Potential Opportunities for your consideration. Besides 1 Active listings in Blue Earth, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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 with Detached Double Garage
    Triplex with Detached Double Garage

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

    $109,900
    1,811 sqft 0.48 AC lot

    Occupied triplex with varied apartment layouts, outdoor space, and a recently installed boiler.

    View details
    Four-Unit Apartment Building
    Four-Unit Apartment Building

    224 S Park Street, Fairmont, MN 56031

    $139,900
    1,988 sqft

    Two-story layout with basement laundry and separately metered electricity.

    View details
    8-Unit Apartment Building
    8-Unit Apartment Building

    207 S Lake Street, Lake Mills, IA 50450

    $150,000
    0.20 AC lot

    The property offers a mix of one- and two-bedroom apartment layouts, with several units featuring newer flooring and paint.

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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.

    View details

    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

    Contact for pricing
    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

    Contact for pricing
    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.

    View details

    Blue Earth, MN Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Blue Earth, MN on our real estate platform.

    Sale prices for residential income properties in Blue Earth, MN average $419,900 — 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

    Apartment buildings 1
    Multifamily properties 1

    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 $419.9K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Faribault County

    New Delisted

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    Popular Searches in Blue Earth, MN

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    Most Searched ZIP Codes in Blue Earth, MN

    • 56013

    Featured Blue Earth Real Estate Agencies

    Realmo connects you with licensed Blue Earth CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Olson Nelson Realty Inc
    415 South Grove Street Suite 6 Blue Earth, MN 56013
    Phone: 15075267304
    www.olsonrealty.com

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