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    Mountain Lake, MN
    Residential Income

    Mountain Lake, MN Residential Income Properties for Sale

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    Bingham Lake, MN Butterfield, MN Windom, MN Saint James, MN Comfrey, MN Springfield, MN Jackson, MN Sherburn, MN
    Two-Unit Duplex with Covered Deck
    Updated: Aug 3
    Two-Unit Duplex with Covered Deck

    409/411 9th Street N, Mountain Lake, MN 56159

    $200,000
    2,184 sqft
    Two‑bedroom duplex with 2,184 square feet of total property size
    Two separate units, each with a full bathroom, kitchen, dining area, and living room
    Shared covered deck accessible through patio doors
    Lower level includes an additional bathroom and generous storage
    Attached garage provides enclosed parking and storage
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    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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Mountain Lake, 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.

    Four-Unit Apartment Building
    Four-Unit Apartment Building

    202 N Cass Avenue, Springfield, MN 56087

    $252,000
    4,900 sqft 0.34 AC lot

    Four-unit apartment building with detached garages on a corner lot, brick construction, and forced-air heat.

    View details
    Residential Income Property with Garage
    Residential Income Property with Garage

    202 N Cass Avenue, Springfield, MN 56087

    $252,000
    4,900 sqft

    The property includes a parking lot, garage, and forced-air heating.

    View details
    Converted Motel Apartment Community
    Converted Motel Apartment Community

    1955 FIRST AVE N, Windom, MN 56101

    Contact for pricing
    27,332 sqft

    Three-building affordable apartment community with 37 units, renovated in 2020, plus garages, lockers, and on-site leasing.

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    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    310 8th Street, Windom, MN 56101

    Contact for pricing

    Two separate duplex units feature private garages and in-unit HVAC, with decks and patios for outdoor use.

    View details

    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 Lot Near Bingham Lake
    Residential Lot Near Bingham Lake

    1134 Bingham Lake Drive, Bingham Lake, MN 56118

    $39,000

    Buildable lot with lake access to build your dream home.

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    Residential Land at Cottonwood Lake
    Residential Land at Cottonwood Lake

    4 Cottonwood Lake Boulevard, Windom, MN 56101

    $180,000
    0.43 AC lot

    Homesite at Cottonwood Lake near parks, trails, schools, and shops.

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    Residential Land Near Cottonwood Lake
    Residential Land Near Cottonwood Lake

    10 Cottonwood Lake Boulevard, Windom, MN 56101

    $150,000
    0.41 AC lot

    Homesite near Cottonwood Lake with access to amenities.

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    Residential Land Near Cottonwood Lake
    Residential Land Near Cottonwood Lake

    14 Cottonwood Lake Boulevard, Windom, MN 56101

    $160,000
    0.68 AC lot

    Homesite near Cottonwood Lake with access to amenities.

    View details

    Mountain Lake, MN Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Mountain Lake, MN on our real estate platform. These investment opportunities span a total of 2,184 square feet of properties for sale, with an estimated market value of $200,000.

    Sale prices for residential income properties in Mountain Lake, MN average $200,000 — 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

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

    Population 2,520
    Population Growth (5Y) -10.6%
    Median Household Income $65,089
    College Educated 28.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.92%
    Property Tax per SF $10.18 per SF
    Tax Rate vs County Average 0.24 pp below county avg
    Average Loan-to-Value 65.0%

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