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Luverne, MN

Residential Income

Luverne, MN Residential Income Properties for Sale

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Beaver Creek, MN Hardwick, MN Kenneth, MN Hills, MN Valley Springs, SD Adrian, MN Rock Rapids, IA Garretson, SD

New Multifamily Property with Amenities

Updated: Feb 9

New Multifamily Property with Amenities

120 W Hatting St, Luverne, MN 56156

Contact for pricing

Assumable HUD Loan: $5,360,000 at 5.46% with a 35‑year term.
Newly Constructed in 2023: Benefit from modern construction and design.
Energy Efficient Design: Built to EnergyStar, Indoor AirPlus, and Zero Energy Ready Home Standards.
In‑Suite Washer/Dryer: Provides convenience for tenants.
EV Charging Stations: Appeals to electric vehicle owners.

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 16 Potential Opportunities for your consideration. Besides 1 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.

New-Construction Duplex with Walkouts

New-Construction Duplex with Walkouts

1113 S Foss Ave, Sioux Falls, SD 57110

$1,030,000

5,592 sqft 0.41 AC lot

Two ranch-style residences feature open layouts, upgraded kitchens, and low-maintenance exterior materials.

New-Construction Duplex

New-Construction Duplex

1107 S Foss Ave, Sioux Falls, SD 57110

$980,000

5,220 sqft 0.41 AC lot

Two ranch-style walkout residences offer four bedrooms, three bathrooms, and open-concept living areas.

Mixed-Use Property with Hair Salon

Mixed-Use Property with Hair Salon

524 N Main Ave, Garretson, SD 57030

$113,999

1,414 sqft 0.08 AC lot

Brick-veneer building pairs a leased salon with a remodeled apartment above.

Two Mobile Home Communities

Two Mobile Home Communities

210 DOWS ST, Garretson, SD 57030

Contact for pricing

1,350 sqft

Two mobile home communities totaling 64 units are served by public utilities, with 85.9% occupancy and mostly tenant-owned homes.

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

Residential Land Near Luverne, MN

1107 PRAIRIE SMOKE Trl lot: 4, Luverne, MN 56156

$129,000

1.56 AC lot

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

Residential Land Near Luverne, MN

Residential Land Near Luverne, MN

1104 PRAIRIE SMOKE Trl lot: 8, Luverne, MN 56156

$59,000

1.03 AC lot

Residential land offers country feel, close to town amenities.

Residential Land Near Walking Trail

Residential Land Near Walking Trail

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

$79,000

1.07 AC lot

Residential land near town and walking trail in Luverne.

Residential Land Near Luverne, MN

Residential Land Near Luverne, MN

1102 PRAIRIE SMOKE Trl lot: 9, Luverne, MN 56156

$59,000

1.03 AC lot

Residential land offering country feel near town and amenities.

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

Multifamily properties

109 Luverne St, Luverne, MN 56156

Value Estimation by Request

75,000 sqft 2.22 AC lot

109 Luverne St

Residential income properties

109 Luverne St, Luverne, MN 56156

Value Estimation by Request

75,000 sqft 2.22 AC lot

120 Hatting St

Residential income properties

120 Hatting St, Luverne, MN 56156

Value Estimation by Request

54,000 sqft 2.53 AC lot

109 Luverne St

Residential income properties

109 Luverne St, Luverne, MN 56156

Value Estimation by Request

25,000 sqft 2.22 AC lot

109 Luverne St

Multifamily properties

109 Luverne St, Luverne, MN 56156

Value Estimation by Request

25,000 sqft 2.22 AC lot

Meade Ct

MOBILE HOME PARK, TRAILER PARK

Meade Ct, Luverne, MN 56156

Value Estimation by Request

Meade Ct

MOBILE HOME PARK, TRAILER PARK

Meade Ct, Luverne, MN 56156

Value Estimation by Request

Luverne, MN Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Luverne, MN on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 6,398

Population Growth (5Y) +10.1%

Median Household Income $75,234

College Educated 36.5%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
56156	$1M

Taxes & Financing

Tax Rate (average for all types) 1.88%

Property Tax per SF $13.51 per SF

Tax Rate vs County Average 0.02 pp above county avg

Average Loan-to-Value 65.0%

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Most Searched ZIP Codes in Luverne, MN

56156