Residential Income

Frazee, MN Residential Income Properties for Sale

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Detroit Lakes, MN Vergas, MN Perham, MN Dent, MN Pelican Rapids, MN Audubon, MN Osage, MN Richville, MN
Lakefront Short-Term Rental Estate
Updated: Aug 13
Lakefront Short-Term Rental Estate

1-51097 E Wymer Lake Rd, Frazee, MN 56544

$779,000
9,424 sqft
298’ of wooded shoreline on private Wymer Lake
10‑bedroom layout with a rental wing sleeping 20+ guests
Separate 2BR+office/1BA owner residence above the garage
Two‑story indoor solarium with waterfall and live trees
Two great rooms with stone fireplaces and lake views
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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Frazee, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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
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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Duplex with 3-Season Front Porch
Duplex with 3-Season Front Porch

424 W Birch Avenue, Fergus Falls, MN 56537

$189,900
1,352 sqft 0.19 AC lot

Duplex in Fergus Falls with two three-bedroom units, forced-air heat, vinyl siding, and driveway parking.

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Three-Unit Apartment Building
Three-Unit Apartment Building

155 4th Ave Sw, Perham, MN 56573

$350,000
2,412 sqft

Downtown multifamily property with private entrances and dedicated off-street parking for each residence.

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Restaurant and Upper Apartments
Restaurant and Upper Apartments

106 Lincoln, Fergus Falls, MN 56537

Contact for pricing

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

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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.

Perham, MN Wooded Residential Lot
Perham, MN Wooded Residential Lot

377th Street, Perham, MN 56573

Contact for pricing
1.12 AC lot

1.12-acre wooded lot near Perham, close to Rush Lake.

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Residential Lots by Pelican River
Residential Lots by Pelican River

River View Trail lot: 18 Block 2, Pelican Rapids, MN 56572

$105,000
0.98 AC lot

Residential lots available in exclusive development with river access.

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Residential Lots by Pelican River
Residential Lots by Pelican River

River View Trail lot: 19 Block 2, Pelican Rapids, MN 56572

$105,000
1.11 AC lot

Residential lots in exclusive development with river access and utilities.

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Residential Lots by Pelican River
Residential Lots by Pelican River

River View Trail lot: 20 Block 2, Pelican Rapids, MN 56572

$90,000
3.12 AC lot

Residential lots in exclusive development with river access and utilities.

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Off-Market Properties in Frazee, MN

Consider similar Off-Market properties in Frazee, 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.

Frazee, MN 56544
MOBILE HOME PARK, TRAILER PARK

Frazee, MN 56544

$245,000
Estimated value
1.90 AC lot
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512 Balsam Ave
Multifamily properties

512 Balsam Ave, Frazee, MN 56544

Value Estimation by Request
10.41 AC lot
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517 Main Ave
MOBILE HOME PARK, TRAILER PARK

517 Main Ave, Frazee, MN 56544-4609

$250,000
Estimated value
1,428 sqft 0.66 AC lot
View details
607 2nd SE St
MOBILE HOME PARK, TRAILER PARK

607 2nd SE St, Frazee, MN 56544-4436

$230,000
Estimated value
5.24 AC lot
View details

Frazee, MN Residential Income Properties Market Trends and Statistics

Explore 5 residential income properties for sale in Frazee, MN on our real estate platform. These investment opportunities span a total of 9,424 square feet of properties for sale, with an estimated market value of $779,000.

Sale prices for residential income properties in Frazee, MN average $779,000 — 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
Short term rental properties 1

Demographics Overview

Population 5,609
Population Growth (5Y) +1.4%
Median Household Income $72,742
College Educated 27.6%

Taxes & Financing

Tax Rate (average for all types) 1.24%
Property Tax per SF $38.45 per SF
Tax Rate vs County Average 0.24 pp below county avg
Average Loan-to-Value 65.0%

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