Residential Income

Lester Prairie, MN Residential Income Properties for Sale

Notify Me
List
Map
New Germany, MN Winsted, MN Silver Lake, MN Norwood Young America, MN Glencoe, MN Howard Lake, MN Mayer, MN Hamburg, MN
Mixed-Use Building with Apartments
Updated: Sep 11
Mixed-Use Building with Apartments

518 Central Avenue, Lester Prairie, MN 55354

$325,000
0.14 AC lot
Four apartments plus main‑floor commercial space
Step‑free street entrance with accessible ramp approach
Tenant parking permitted beside the building under contract
0.137‑acre property at 518 Central Avenue, Lester Prairie, MN 55354
Built in 1900 with a flat rubber roof
View details
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 11 Potential Opportunities for your consideration. Besides 1 Active listings in Lester Prairie, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Updated Triplex with Private Parking
Updated Triplex with Private Parking

213 Main Street E, Young America, MN 55397

$374,900
3,762 sqft 0.12 AC lot

Fully rented three-unit property with coin-operated laundry and convenient access to Hwy 212.

View details
Updated Three-Unit Multifamily Property
Updated Three-Unit Multifamily Property

213 Main St E, Young America, MN 55397

$374,900
3,762 sqft

Fully occupied building with on-site coin-operated laundry and a dedicated private parking lot.

View details
RV Resort Site with Storage Shed
RV Resort Site with Storage Shed

2945 County Road 4 #411 SW, Cokato, MN 55321

$50,000
0.07 AC lot

Gravel RV site with a storage shed, firepit, seasonal water service, and access to resort amenities.

View details
Private RV Park Site
Private RV Park Site

2945 County Road 4 #432 SW, Cokato, MN 55321

$55,000
0.14 AC lot

RV site near lake recreation with water available.

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 Glencoe, MN
Residential Lot in Glencoe, MN

1527 Ranger Drive N, Glencoe, MN 55336

$41,000
0.17 AC lot

Buildable lot near schools, restaurants, and Highway 212.

View details
Land For Sale
Land For Sale

1701 N Shore Dr, Waverly, MN 55390

$314,900

Land available on North Shore Drive.

View details
Development Land with City Entitlement
Development Land with City Entitlement

820 Johnson Ave, Cokato, MN 55321

$1,123,000
62.38 AC lot

Large development tract with city utilities at the street and zoning for residential and transition uses.

View details
Duplex-Eligible Residential Land Lots
Duplex-Eligible Residential Land Lots

505/515 Hilltop Drive NE, Hutchinson, MN 55350

$76,000

Two adjacent lots are zoned for single-family or duplex construction, offered together for a residential infill plan.

View details

Off-Market Properties in Lester Prairie, MN

Consider similar Off-Market properties in Lester Prairie, 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.

900 2nd S Ave
MOBILE HOME PARK, TRAILER PARK

900 2nd S Ave, Lester Prairie, MN 55354-7702

Estimated value:
$260,000
5.97 AC lot
View details
900 2nd S Ave
MOBILE HOME PARK, TRAILER PARK

900 2nd S Ave, Lester Prairie, MN 55354-7702

Estimated value:
$320,000
13.89 AC lot
View details

Lester Prairie, MN Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Lester Prairie, MN on our real estate platform.

Sale prices for residential income properties in Lester Prairie, MN average $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 1
Quadplexes 1

Demographics Overview

Population 3,089
Population Growth (5Y) +11.0%
Median Household Income $94,950
College Educated 21.7%

Taxes & Financing

Tax Rate (average for all types) 2.77%
Property Tax per SF $23.81 per SF
Tax Rate vs County Average 0.09 pp below county avg
Average Loan-to-Value 65.0%

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings