Residential Income

Milaca, MN Residential Income Properties for Sale

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Updated Duplex with Detached Garage
Updated: Jul 29
Updated Duplex with Detached Garage

345 2nd Avenue SW, Milaca, MN 56353

$320,000
2,076 sqft 0.41 AC lot
Two‑unit layout with a 3‑bedroom main‑level residence and 2‑bedroom upper unit
Upper unit lease extends through 2026; lower unit lease runs through mid June 2027
2,076 square feet on 0.414 acres
Detached 3‑stall garage with separate electric meter installed in 2024
Separately metered utilities for the duplex units
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Mixed-Use Property with 6 Apartments
Updated: Sep 18
Mixed-Use Property with 6 Apartments

105 1st Street W, Milaca, MN 56353

$499,900
0.04 AC lot
Six apartments: four 1‑bedroom units and two efficiency units
All 6 residential units are currently leased
Main‑level commercial space most recently operated as a restaurant
Commercial area may support office, retail, service, or other uses subject to approvals
0.043‑acre property at 105 1st Street W, Milaca, MN 56353
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Corner Mixed-Use Property
Corner Mixed-Use Property

105 1st St W, Milaca, MN 56353

$499,900
5,850 sqft

Six leased apartments accompany adaptable main-level commercial space in a prominent corner setting.

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Residential Income Property with Daylight Basement
Residential Income Property with Daylight Basement

345 2nd Ave SW, Milaca, MN 56353

$320,000
2,076 sqft

Two-story residential property with a full unfinished daylight basement and multiple heating systems.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Milaca, 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.

Updated Duplex with Detached Garage
Updated Duplex with Detached Garage

226 3rd Avenue NE, Saint Cloud, MN 56304

$176,750
1,500 sqft 0.14 AC lot

Two separately metered levels include laundry and refreshed interior and exterior finishes.

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Updated Duplex with Detached Garage
Updated Duplex with Detached Garage

151 3rd Ave, Foley, MN 56329

$175,000
1,465 sqft

Up/down configuration includes separately metered utilities and leases in place through Fall 2026.

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Updated Duplex with Garage
Updated Duplex with Garage

151 3rd Avenue, Foley, MN 56329

$175,000
1,465 sqft 0.08 AC lot

Up-and-down duplex with separately metered utilities, a detached garage, and recent improvements to the upper unit.

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Three-Unit Mixed-Use Property
Three-Unit Mixed-Use Property

418 E Saint Germain St, Saint Cloud, MN 56304

$325,000

Tenant-occupied building combining commercial space with two apartments and dedicated laundry areas.

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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.

Wooded Lot in City Limits
Wooded Lot in City Limits

580 1st Street, Milaca, MN 56353

Contact for pricing
0.13 AC lot

Residential multi-family zoned land for sale in Milaca, Minnesota.

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Surveyed Farmland with Building Site
Surveyed Farmland with Building Site

13149 State Highway 23, Milaca, MN 56353

$319,000
22.49 AC lot

Surveyed 22.49-acre farmland with a ready building site, driveway access, and utilities including natural gas and high-speed internet.

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Surveyed Agricultural Land
Surveyed Agricultural Land

160th St., Foreston, MN 56330

$155,000
15.72 AC lot

Rural acreage with paved-road access, an installed driveway approach and culvert, and phone service available.

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Hobby Farm Development Land
Hobby Farm Development Land

8216 55th Avenue, Princeton, MN 55371

$79,900
6.38 AC lot

Build-ready acreage with driveway and culvert in place, plus a small creek running through the property.

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Milaca, MN Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Milaca, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,002 square feet of properties for sale, with an estimated market value of $1,639,800.

Sale prices for residential income properties in Milaca, MN start at $320,000, averaging $409,950, and reaching up to $499,900 — 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

Multifamily properties 3
Apartment buildings 2
Duplexes 1

Demographics Overview

Population 9,489
Population Growth (5Y) +1.9%
Median Household Income $77,170
College Educated 21.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56353 $320K

Taxes & Financing

Tax Rate (average for all types) 2.05%
Property Tax per SF $23.30 per SF
Tax Rate vs County Average 0.07 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mille Lacs County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Milaca fall within the 25,000 to 50,000 square foot range.

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