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    Luverne, MN
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    Luverne, MN Residential Income Properties for Sale

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    Beaver Creek, MN Kenneth, MN Hills, MN
    Remodeled Office Building with Apartments
    $285,000
    7,300 SF

    Remodeled Office Building with Apartments

    212 Main St, Luverne, MN 56156

    Remodeled office building with apartments and parking in Luverne.

    • Newly remodeled office building with custom‑made office furniture including desks, shelves, and cabinetry.
    • Two upper‑level apartments offer potential for additional income.
    • Parking available in the rear of the building, including handicap parking.
    • Upgraded exterior provides a professional appearance.
    • Lower level includes a break room and two large storage rooms.
    Updated: Mar 2
    View details
    City Centre Condominium Complex
    $1,750,000
    75,000 SF

    City Centre Condominium Complex

    109 E Luverne Street Units 101-336, Luverne, MN 56156

    32-unit complex in Luverne, featuring a full gymnasium.

    • Prime location in the heart of Luverne, near restaurants, shops, businesses, Luverne City Park, and the Rock River.
    • Unique conversion of a historic school building into distinctive residential units.
    • Enjoy the full‑court gymnasium for year‑round recreation.
    • Variety of 1, 2, and 3‑bedroom units available.
    • Well‑maintained building with spacious outdoor yard, community room, shared laundry, and elevator access.
    Updated: Mar 11
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    Luverne Multifamily Investment Opportunity
    $1,750,000
    2.22 Acres

    Luverne Multifamily Investment Opportunity

    32-unit complex in Luverne, near amenities and recreation.

    109 E Luverne Street, Luverne, MN 56156
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    New Multifamily Property with Amenities
    $7,000,000

    New Multifamily Property with Amenities

    Multifamily property built in 2023 with assumable HUD loan.

    120 W Hatting St, Luverne, MN 56156
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 4 Active listings in Luverne, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 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.

    Historic Multifamily Building For Sale
    $429,000
    4,800 SF

    Historic Multifamily Building For Sale

    Multifamily property with main-floor space and on-site parking.

    529 North Main Avenue, Garretson, SD 57030
    View details
    Historic Mixed-Use Building For Sale
    $429,000
    4,800 SF

    Historic Mixed-Use Building For Sale

    Mixed-use building with apartments and commercial space in Garretson, SD.

    529 North Main Avenue, Garretson, SD 57030
    View details
    Sioux Falls Multifamily Investment Opportunity
    $6,250,000
    70,272 SF

    Sioux Falls Multifamily Investment Opportunity

    Two 42-unit buildings with remodeled units and high occupancy.

    3400-3404 East 11th Street, Sioux Falls, SD 57103
    View details
    Large Multifamily Community in Sioux Falls
    $31,000,000
    240,986 SF

    Large Multifamily Community in Sioux Falls

    248-unit apartment complex in established residential area.

    4213 E 12th St, Sioux Falls, SD 57103
    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 Land Near Luverne, MN
    $129,000
    1.56 Acres

    Residential Land Near Luverne, MN

    Residential land near town and bike trail in Luverne, MN.

    1107 PRAIRIE SMOKE Trl lot: 4, Luverne, MN 56156
    View details
    Residential Land Near Luverne, MN
    $59,000
    1.03 Acres

    Residential Land Near Luverne, MN

    Residential land offers country feel, close to town amenities.

    1104 PRAIRIE SMOKE Trl lot: 8, Luverne, MN 56156
    View details
    Residential Land Near Luverne, MN
    $129,000
    1.57 Acres

    Residential Land Near Luverne, MN

    Residential land with country feel, close to town amenities.

    1449 WILD ROSE Trl lot: 4, Luverne, MN 56156
    View details
    Residential Land Near Walking Trail
    $79,000
    1.07 Acres

    Residential Land Near Walking Trail

    Residential land near town and walking trail in Luverne.

    1103 Prairie Smoke Trl lot: 2, Luverne, MN 56156
    View details

    Off-Market Properties in Luverne, MN

    Consider similar Off-Market properties in Luverne, 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.

    109 Luverne St

    109 Luverne St

    Multifamily properties • 75,000 SF
    Value Estimation by Request
    109 Luverne St, Luverne, MN 56156
    View details
    109 Luverne St

    109 Luverne St

    Residential income properties • 75,000 SF
    Value Estimation by Request
    109 Luverne St, Luverne, MN 56156
    View details
    120 Hatting St

    120 Hatting St

    Residential income properties • 54,000 SF
    Value Estimation by Request
    120 Hatting St, Luverne, MN 56156
    View details
    109 Luverne St

    109 Luverne St

    Residential income properties • 25,000 SF
    Value Estimation by Request
    109 Luverne St, Luverne, MN 56156
    View details
    109 Luverne St

    109 Luverne St

    Multifamily properties • 25,000 SF
    Value Estimation by Request
    109 Luverne St, Luverne, MN 56156
    View details
    Meade Ct

    Meade Ct

    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    Meade Ct, Luverne, MN 56156
    View details
    Meade Ct

    Meade Ct

    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    Meade Ct, Luverne, MN 56156
    View details

    Luverne, MN Residential Income Properties Investment Opportunities Market Analysis

    Explore 11 residential income properties for sale in Luverne, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 82,300 square feet of properties for sale, with an estimated market value of $2,035,000.

    Sale prices for residential income properties in Luverne, MN start at $285,000, averaging $1,017,500, and reaching up to $1,750,000 — 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

    Apartment buildings 4
    Multifamily properties 4

    Demographics Overview

    Population 6,398
    Population Growth (5Y) +10.1%
    Median Household Income $75,234
    College Educated 36.5%

    High-Yield Neighborhoods for Strategic Investment

    Identify Luverne submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    56156 $2.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.88%
    Property Tax per SF $13.51 per sq ft
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

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