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    Mille Lacs County, MN Residential Income Properties for Sale

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    Up-Down Duplex with Detached Garage
    Updated: Jul 29
    Up-Down Duplex with Detached Garage

    345 2nd Avenue SW, Milaca, MN 56353

    $320,000
    2,076 sqft 0.41 AC lot
    Up/down duplex in Milaca, MN: 3‑bedroom main‑level unit and 2‑bedroom upper unit
    Upper lease in place through 2026 and lower unit lease in place through mid‑June 2027
    Roof replaced in 2022
    Recent updates in both units include painted cabinets, updated fixtures, and new lighting
    Separately metered utilities; tenants pay for gas, electricity, lawn care, and snow removal
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    This listing looks promising.

    Here's a quick look at some key insights for

    345 2nd Avenue SW, Milaca, MN 56353

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $398K
      Above asking

    • Property Type

      Single Family Residence
      Built 1920
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    Princeton Mobile Home Park Opportunity
    Updated: May 11
    Princeton Mobile Home Park Opportunity

    1201 12th Street North, Princeton, MN 55371

    Contact for pricing
    Significant rental upside: Increase lot rents to the market average of $589, offering approximately $286 of potential growth per lot.
    Stabilized, 23‑unit mobile home park community with 19 occupied lots and a single‑family home generating immediate income.
    Three vacant lots with existing infrastructure (full hook‑ups) provide immediate opportunity to increase occupancy and revenue.
    Located approximately 50 miles from Minneapolis, providing access to a strong demand base for affordable housing.
    Existing operations include 19 lot renters paying $303/month and a single‑family home rented for $825/month, demonstrating current income.
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Mille Lacs County, MN, we suggest exploring several alternatives: similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    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.

    Hobby Farm Development Land
    Hobby Farm Development Land

    8216 55th Avenue, Princeton, MN 55371

    $84,900
    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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    Surveyed Farmland with Highway Frontage
    Surveyed Farmland with Highway Frontage

    13149 State Highway 23, Milaca, MN 56353

    $319,000
    22.49 AC lot

    Ready-to-build acreage with a prepared homesite, barn and oversized garage, plus direct access from State Hwy 23.

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    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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    Productive Leased Farmland Parcel
    Productive Leased Farmland Parcel

    160th St., Foreston, MN 56330

    $160,000
    15.72 AC lot

    Surveyed, productive acreage fronts a paved county road with driveway approach and culvert for straightforward access.

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    Off-Market Properties in Mille Lacs County, MN

    Consider similar Off-Market properties in Mille Lacs County, 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.

    103 4Th Street Cir
    Land

    103 4Th Street Cir, Princeton, MN 55371

    Value Estimation by Request
    0.34 AC lot
    View details
    38544 Us Hwy 169
    MOBILE HOME PARK, TRAILER PARK

    38544 Us Hwy 169, Onamia, MN 56359

    Value Estimation by Request
    768 sqft 23.02 AC lot
    View details
    Onamia, MN 56359
    MOBILE HOME PARK, TRAILER PARK

    Onamia, MN 56359

    Value Estimation by Request
    View details
    1227 Oak Ln
    MOBILE HOME PARK, TRAILER PARK

    1227 Oak Ln, Princeton, MN 55371-1017

    Value Estimation by Request
    1,216 sqft 14.78 AC lot
    View details
    1227 Oak Ln
    MOBILE HOME PARK, TRAILER PARK

    1227 Oak Ln, Princeton, MN 55371-1017

    Value Estimation by Request
    10.00 AC lot
    View details

    Mille Lacs County, MN Residential Income Properties Market Trends and Statistics

    Explore 7 residential income properties for sale in Mille Lacs County, MN on our real estate platform. These investment opportunities span a total of 2,076 square feet of properties for sale, with an estimated market value of $320,000.

    Sale prices for residential income properties in Mille Lacs County, MN average $320,000 — 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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