Residential Income

Mahnomen, MN Residential Income Properties for Sale

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Waubun, MN Naytahwaush, MN Ogema, MN
Mahnomen Mixed-Use Investment Opportunity
Updated: Sep 22, 2023
Mahnomen Mixed-Use Investment Opportunity

109 Main Street N, Mahnomen, MN 56557

$90,000
3,876 sqft
Commercial storefront located on Main Street in Mahnomen, Minnesota.
Includes a 2‑bedroom, 1‑bathroom apartment upstairs.
Recent updates to the upstairs apartment.
Investment opportunity priced at $90,000.
Gross rents of $1165.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Mahnomen, 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.

Fully Rented 4-Plex Investment
Fully Rented 4-Plex Investment

1002 5th Street N, Fargo, ND 58102

$266,000
2,855 sqft · 0.16 AC lot

Turn-key four-unit residential income property with on-site parking and recent unit updates.

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Five-Unit Apartment Building with Garage
Five-Unit Apartment Building with Garage

1205 4th St N, Fargo, ND 58102

$375,000

Character-rich five-unit property with a four-stall garage and shared coin-operated laundry, currently fully leased.

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50 Townhome Units in Moorhead
50 Townhome Units in Moorhead

1701 Johnson Dr, Moorhead, MN 56560

Contact for pricing
251,684 sqft

50 townhome units near parks, schools, and Highway 94.

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Downtown Moorhead Investment Opportunity
Downtown Moorhead Investment Opportunity

810 4th Ave S, Moorhead, MN 56560

$7,975,000
79,632 sqft

Investment property in Downtown Moorhead with apartment and commercial spaces.

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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.

Minnesota Land Near Detroit Lakes
Minnesota Land Near Detroit Lakes

13617 260 Ave, Detroit Lakes, MN 56501

Contact for pricing
40.00 AC lot

40+ acres near Detroit Lakes with recreational amenities.

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Little Pelican Lake Shoreline Preserve
Little Pelican Lake Shoreline Preserve

25819 Frieda Drive, Detroit Lakes, MN 56501

$875,000
6.00 AC lot

6.29 acres with 1,150 feet of lake frontage!

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Land for Cabin or Home
Land for Cabin or Home

TBD 10 Bog Lake Trail, Osage, MN 56570

$74,900
5.30 AC lot

5.3-acre lot near Osage, MN, ideal for building.

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Residential Lots by Pelican River
Residential Lots by Pelican River

River View Trail lot: 9 Block 1, Pelican Rapids, MN 56572

$120,000
1.37 AC lot

Residential lots in exclusive development with river access and utilities.

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Mahnomen, MN Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Mahnomen, MN on our real estate platform. These investment opportunities span a total of 3,876 square feet of properties for sale, with an estimated market value of $90,000.

Sale prices for residential income properties in Mahnomen, MN start at $90,000, averaging $90,000, and reaching up to $90,000 — 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

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 2,797
Population Growth (5Y) -1.3%
Median Household Income $53,077
College Educated 14.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56557 $90K

Taxes & Financing

Tax Rate (average for all types) 2.45%
Tax Rate vs County Average 0.96 pp above county avg
Average Loan-to-Value 65.0%

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