Detroit Lakes, MN
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    Detroit Lakes, MN Residential Income Properties for Sale

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    Frazee, MN Vergas, MN Lake Park, MN
    Detroit Lakes Development Opportunity
    $6,000,000
    47,000 SF
    Detroit Lakes Development Opportunity

    1240 Randolph Road, Detroit Lakes, MN 56501

    Prime 75+ acre site for commercial or multifamily development.
    • Over 80 acres of prime real estate just off Highway 10 in Detroit Lakes.
    • Excellent potential for commercial, multi‑family, mixed‑use, or other development.
    • Located directly off Randolph Rd and Highland Dr, providing amazing accessibility and visibility.
    • City water, sewer, and natural gas are available on site.
    • Includes 10 buildings with approximately 47,000 sq ft of space.
    Updated: Mar 12
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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 1 Active listings in Detroit Lakes, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

    Shell Lake Waterfront Land
    $305,000
    5.40 Acres
    Shell Lake Waterfront Land

    5.5-acre lot with 325+ feet of level shoreline.

    44308 Idas Road, Osage, MN 56570

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    50 Townhome Units in Moorhead
    Contact for pricing
    251,684 SF
    50 Townhome Units in Moorhead

    50 townhome units near parks, schools, and Highway 94.

    1701 Johnson Dr, Moorhead, MN 56560

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    Well-Maintained Fourplex Near Straight Lake
    $449,900
    3,456 SF
    Well-Maintained Fourplex Near Straight Lake

    Updated fourplex with dedicated utilities near Straight Lake.

    23941 County Road 123, Osage, MN 56570

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    Downtown Moorhead Investment Opportunity
    $7,975,000
    79,632 SF
    Downtown Moorhead Investment Opportunity

    Investment property in Downtown Moorhead with apartment and commercial spaces.

    810 4th Ave S, Moorhead, MN 56560

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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.

    Minnesota Land Near Detroit Lakes
    Contact for pricing
    40.00 Acres
    Minnesota Land Near Detroit Lakes

    40+ acres near Detroit Lakes with recreational amenities.

    13617 260 Ave, Detroit Lakes, MN 56501

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    Little Pelican Lake Shoreline Preserve
    $875,000
    6.00 Acres
    Little Pelican Lake Shoreline Preserve

    6.29 acres with 1,150 feet of lake frontage!

    25819 Frieda Drive, Detroit Lakes, MN 56501

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    Residential Lots by Pelican River
    $90,000
    3.12 Acres
    Residential Lots by Pelican River

    Residential lots in exclusive development with river access and utilities.

    Lot 20 Block 2 River View Trail, Pelican Rapids, MN 56572

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    Residential Lots by Pelican River
    $120,000
    1.37 Acres
    Residential Lots by Pelican River

    Residential lots in exclusive development with river access and utilities.

    Lot 9 Block 1 River View Trail, Pelican Rapids, MN 56572

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    Off-Market Properties in Detroit Lakes, MN

    Consider similar Off-Market properties in Detroit Lakes, 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.

    Detroit Lakes, MN 56501
    MOBILE HOME PARK, TRAILER PARK
    Lot: 21.11 Acres
    Estimated value
    $2,760,000

    Detroit Lakes, MN 56501

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    21804 County Hwy 6th 6
    MOBILE HOME PARK, TRAILER PARK
    Lot: 23.47 Acres
    Value Estimation by Request

    21804 County Hwy 6th 6, Detroit Lakes, MN 56501-7003

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    2505 Adaline Ln
    Land
    Lot: 0.62 Acres
    Value Estimation by Request

    2505 Adaline Ln, Detroit Lakes, MN 56501

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    2515 Adaline Ln
    Land
    Lot: 0.60 Acres
    Value Estimation by Request

    2515 Adaline Ln, Detroit Lakes, MN 56501

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    2508 Adaline Ln
    Land
    Lot: 0.51 Acres
    Value Estimation by Request

    2508 Adaline Ln, Detroit Lakes, MN 56501

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    2511 Adaline Ln
    Land
    Lot: 0.57 Acres
    Value Estimation by Request

    2511 Adaline Ln, Detroit Lakes, MN 56501

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    2501 Adaline Ln
    Land
    Lot: 0.63 Acres
    Value Estimation by Request

    2501 Adaline Ln, Detroit Lakes, MN 56501

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    2502 Adaline Ln
    Land
    Lot: 0.66 Acres
    Value Estimation by Request

    2502 Adaline Ln, Detroit Lakes, MN 56501

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    2519 Adaline Ln
    Land
    Lot: 0.59 Acres
    Value Estimation by Request

    2519 Adaline Ln, Detroit Lakes, MN 56501

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    2522 Adaline Ln
    Land
    Lot: 0.52 Acres
    Value Estimation by Request

    2522 Adaline Ln, Detroit Lakes, MN 56501

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    17965 Howe Lk Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.80 Acres
    Value Estimation by Request

    17965 Howe Lk Rd, Detroit Lakes, MN 56501

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    Detroit Lakes, MN Residential Income Properties Market Trends and Statistics

    Explore 12 residential income properties for sale in Detroit Lakes, MN on our real estate platform. These investment opportunities span a total of 47,000 square feet of properties for sale, with an estimated market value of $6,000,000.

    Sale prices for residential income properties in Detroit Lakes, MN start at $6,000,000, averaging $6,000,000, and reaching up to $6,000,000 — 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

    Multifamily properties 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +5.4%
    Median Household Income $68,980
    College Educated 21.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56501 $6M

    Taxes & Financing

    Tax Rate (average for all types) 1.50%
    Property Tax per SF $34.24 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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