Fergus Falls, MN Residential Income Properties for Sale

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Updated: Jan 15

Duplex With Detached Garage

822 W Maple Avenue, Fergus Falls, MN 56537

$159,900

1,447 sqft 0.22 AC lot

Duplex layout with upper unit featuring 3 bedrooms and a separate lower‑level 2‑bedroom apartment
0.22‑acre lot with a detached single garage and driveway parking
1,447 SF duplex with frame construction
Vinyl siding exterior and shingle roof
Forced‑air heating

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This listing looks promising.

Here's a quick look at some key insights for

822 W Maple Avenue, Fergus Falls, MN 56537

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Est. Cap Rate

7.6%
Above avg (5.9%)
Est. NOI

$12K
Annual
Price @ 7% Cap

$173K
Above asking
Property Type

Single Family Residence
Built 1928

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Updated: Jan 15

Duplex with 3-Season Front Porch

424 W Birch Avenue, Fergus Falls, MN 56537

$189,900

1,352 sqft 0.19 AC lot

Two three‑bedroom units in a duplex layout
3‑season front porch on the main‑floor unit
Laundry in the lower level for the main unit; in‑unit hookups for the upper unit
Forced‑air heating with frame construction
Vinyl siding and shingle roofing with architectural shingles

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Restaurant and Upper Apartments

106 Lincoln, Fergus Falls, MN 56537

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For sale mixed-use property with a restaurant space and three upper-level apartments, including kitchen equipment.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 3 Active listings in Fergus Falls, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 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.

Triplex Apartment Building with Private Entrances

155 SW 4th, Perham, MN 56573

$334,900

2,412 sqft 0.26 AC lot

Three-unit apartment building with each unit having a private entrance and dedicated off-street parking in downtown Perham.

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Four-Unit Property Near River Park

104 5th Avenue S, Wahpeton, ND 58075

$289,999

3,608 sqft 0.23 AC lot

Income-producing residential property with separately metered units, on-site parking, and access to downtown amenities.

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Residential Income Property

155 SW 4th, Perham, MN 56573

$334,900

2,412 sqft

Historic residential income property with Residential-Multi-Family zoning and natural gas hot water service.

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Mobile Home Park with 130 Sites

1002 Vantura Dr, Wahpeton, ND 58075

Contact for pricing

Mobile home park with 130 total sites, 78% occupancy, including tenant-owned homes, rent-to-own units, and vacant lots.

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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 Fergus Falls

1211 S Martin Street, Fergus Falls, MN 56537

$39,900

0.51 AC lot

Residential lot available in desirable Fergus Falls neighborhood.

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Fergus Falls Land Opportunity

20XX E Fir Avenue, Fergus Falls, MN 56537

$149,500

19.80 AC lot

19.80 acre property for development in Fergus Falls, Minnesota.

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Rural Residential Development Lot

TBD - Lot 12 225th Avenue, Fergus Falls, MN 56537

$52,000

2.50 AC lot

Build a home or outbuildings on a 2.5-acre residential lot with utilities already available.

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Residential 2.5-Acre Building Lot

TBD - Lot 11 225th Avenue, Fergus Falls, MN 56537

$52,000

2.50 AC lot

A rural-style lot with utilities available, providing space to build a home and outbuildings near town.

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Off-Market Properties in Fergus Falls, MN

Consider similar Off-Market properties in Fergus Falls, 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.

MOBILE HOME PARK, TRAILER PARK

26052 Riv N Woods Cir, Fergus Falls, MN 56537-7424

Unit 14

$255,000

Estimated value

2.39 AC lot

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MOBILE HOME PARK, TRAILER PARK

26177 Riv N Woods Cir, Fergus Falls, MN 56537-7424

Unit 1

$265,000

Estimated value

13.81 AC lot

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MOBILE HOME PARK, TRAILER PARK

1608 County Hwy 111, Fergus Falls, MN 56537-4406

$265,000

Estimated value

1.02 AC lot

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MOBILE HOME PARK, TRAILER PARK

2213 Pebble Shrs Trl, Fergus Falls, MN 56537-4238

Unit 57

$260,000

Estimated value

1,456 sqft 34.01 AC lot

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MOBILE HOME PARK, TRAILER PARK

3902 Pebble Shrs Cir, Fergus Falls, MN 56537-4233

Unit 1

$285,000

Estimated value

10.28 AC lot

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MOBILE HOME PARK, TRAILER PARK

1608 County Hwy 111th, Fergus Falls, MN 56537-4406

Unit 1

$275,000

Estimated value

676 sqft 16.94 AC lot

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MOBILE HOME PARK, TRAILER PARK

Fergus Falls, MN 56537

$260,000

Estimated value

1.67 AC lot

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MOBILE HOME PARK, TRAILER PARK

Fergus Falls, MN 56537

$265,000

Estimated value

1.09 AC lot

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MOBILE HOME PARK, TRAILER PARK

1105 Grn Acres Wayg12, Fergus Falls, MN 56537-3873

Value Estimation by Request

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Fergus Falls, MN Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in Fergus Falls, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,799 square feet of properties for sale, with an estimated market value of $349,800.

Sale prices for residential income properties in Fergus Falls, MN start at $159,900, averaging $174,900, and reaching up to $189,900 — 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

Demographics Overview

Population 20K

Population Growth (5Y) +4.0%

Median Household Income $62,279

College Educated 20.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
56537	$184.9K

Taxes & Financing

Tax Rate (average for all types) 2.18%

Property Tax per SF $28.23 per SF

Tax Rate vs County Average 0.10 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Otter Tail County

New Delisted

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