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    Lanesboro, MN
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    Lanesboro, MN Residential Income Properties for Sale

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    Fountain, MN Chatfield, MN Rushford, MN Wykoff, MN Saint Charles, MN St Charles, MN Dover, MN Lewiston, MN
    Renovated 10-Unit Apartment Building
    Updated: Apr 15
    Renovated 10-Unit Apartment Building

    505 PKWY AVE S, Lanesboro, MN 55949

    Contact for pricing
    7,210 sqft
    10‑unit apartment building in Lanesboro, MN, fully renovated and converted from its original use as a church
    Year built 1890
    All major systems and finishes have been replaced for a like‑new condition throughout
    Includes three short‑term rental units currently operating as Airbnb accommodations
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lanesboro, 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.

    Certified Duplex with Dual Unit Layout
    Certified Duplex with Dual Unit Layout

    476 Main Street, Winona, MN 55987

    $249,000
    1,744 sqft 0.10 AC lot

    Certified duplex configured with 3 bedrooms downstairs and 2 upstairs, currently providing occupied rental income.

    View details
    Up-Down Duplex Income Property
    Up-Down Duplex Income Property

    221 E 8th Street, Winona, MN 55987

    $229,000
    2,491 sqft 0.16 AC lot

    An up/down duplex with recent interior updates, rental certification through May 2030, and off-street parking.

    View details
    Live-Work Building with Rental Unit
    Live-Work Building with Rental Unit

    115 N Broadway St, Spring Valley, MN 55975

    $99,900

    Main-level office includes conference space, bathroom, washer/dryer, and rear deck; upstairs 1-bed apartment has tenant through April 2027.

    View details
    Downtown Mixed-Use Investment Opportunity
    Downtown Mixed-Use Investment Opportunity

    141 S Broadway Street, Spring Valley, MN 55975

    $99,900

    Mixed-use property with commercial space and residential apartment.

    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.

    Chatfield Buildable Lot Near Downtown
    Chatfield Buildable Lot Near Downtown

    11944 City View Lane SE, Chatfield, MN 55923

    $99,900
    2.04 AC lot

    2.04-acre lot near downtown Chatfield, ideal for building.

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    Residential Land Lots For Sale
    Residential Land Lots For Sale

    8 Lots - 1 Price Briella Avenue, Rushford, MN 55971

    $120,000
    1.09 AC lot

    Eight shovel-ready lots for townhomes in Rushford, Minnesota.

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    Residential Lot with Bluff Views
    Residential Lot with Bluff Views

    105 Money Creek Street N, Rushford, MN 55971

    $39,900
    0.30 AC lot

    Residential lot in Rushford, MN, suitable for building a home.

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    Residential Lot in Wykoff Subdivision
    Residential Lot in Wykoff Subdivision

    203 Diamond Court, Wykoff, MN 55990

    $55,000
    0.47 AC lot

    Affordable walkout lot with country views, new construction tax abatement.

    View details

    Lanesboro, MN Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Lanesboro, MN on our real estate platform. These investment opportunities span a total of 7,210 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1
    Short term rental properties 1

    Demographics Overview

    Population 1,918
    Population Growth (5Y) +11.1%
    Median Household Income $80,357
    College Educated 49.3%

    Taxes & Financing

    Tax Rate (average for all types) 2.16%
    Property Tax per SF $2.12 per SF
    Tax Rate vs County Average 0.26 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Fillmore County

    New Delisted

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