Residential Income

Milaca, MN Residential Income Properties for Sale

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Foreston, MN Princeton, MN Ogilvie, MN Onamia, MN Dalbo, MN Foley, MN Braham, MN Cambridge, MN
Two-Unit Duplex
Updated: Jul 29
Two-Unit Duplex

345 2nd Avenue SW, Milaca, MN 56353

$320,000
2,076 sqft 0.41 AC lot
Two apartments: three bedrooms on the main floor and two bedrooms upstairs
Upper apartment lease extends through 2026; main‑floor lease runs through mid‑June 2027
Detached three‑stall garage with separate electric meter added in 2024
2,076 square feet on a 0.414‑acre lot
Roof replacement completed in 2022
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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

$475,000
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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3 active listings match your search: Residential Income for sale in Milaca, MN. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Residence Multifamily Property
Two-Residence Multifamily Property

529 2nd St Se, Saint Cloud, MN 56304

$325,000
1,945 sqft

Two separate residences provide six bedrooms and three bathrooms across the property.

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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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Mixed-Use Building with Retail Space
Mixed-Use Building with Retail Space

418 E Saint Germain Street, Saint Cloud, MN 56304

$325,000
0.11 AC lot

The three-unit property combines commercial space with two apartments, each featuring dedicated laundry.

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Commercial Lakeshore Short-Term Rental Property
Commercial Lakeshore Short-Term Rental Property

27749 Bay Shore Drive NW, Isanti, MN 55040

$1,250,000

Two furnished living spaces accommodate overnight stays for up to 16 guests, with commercial zoning along the lakeshore.

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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 3 residential income properties for sale in Milaca, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,926 square feet of properties for sale, with an estimated market value of $1,294,900.

Sale prices for residential investment properties in Milaca, MN start at $320,000, averaging $431,633, 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 $403.7K

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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