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    New York Mills, MN
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    New York Mills, MN Residential Income Properties for Sale

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    Perham, MN Ottertail, MN Wadena, MN
    Remodeled Commercial Space on Main
    $399,000
    0.13 Acres

    Remodeled Commercial Space on Main

    31 Main Avenue N, New York Mills, MN 56567

    Remodeled commercial space with offices, shop, and residential unit.

    • Remodeled commercial space in the heart of New York Mills on Main Ave.
    • Includes 4 offices, multiple meeting rooms, a large detailing shop/garage, and a 2‑bedroom, 3‑bath home.
    • Office space completely remodeled down to the studs within the last 2 years with modern finishes and a new furnace.
    • Detailing shop offers space for service operations, rental income, or personal use.
    • Attached 2‑bedroom home provides flexibility for owner‑occupancy or rental income.
    Updated: Nov 17, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in New York Mills, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Versatile Commercial/Residential Property, Alexandria, MN
    $355,000
    3,000 SF

    Versatile Commercial/Residential Property, Alexandria, MN

    One-acre property with commercial and residential potential in Alexandria.

    1205 N Nokomis NE, Alexandria, MN 56308
    View details
    Well-Maintained Fourplex Near Straight Lake
    $449,900
    4.00 Acres

    Well-Maintained Fourplex Near Straight Lake

    Updated fourplex with dedicated utilities near Straight Lake and downtown.

    23941 County Road 123, Osage, MN 56570
    View details
    Well-Maintained Fourplex Near Straight Lake
    $449,900
    3,456 SF

    Well-Maintained Fourplex Near Straight Lake

    Updated fourplex with dedicated utilities near Straight Lake.

    23941 County Road 123, Osage, MN 56570
    View details
    Lake Jessie Lakeside Community Lot
    $49,900
    0.08 Acres

    Lake Jessie Lakeside Community Lot

    Residential lot in a lakeside community with many amenities.

    Lot 15 Jessie View Drive SE, Alexandria, MN 56308
    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.

    Perham, MN Wooded Residential Lot
    Contact for pricing
    1.12 Acres

    Perham, MN Wooded Residential Lot

    1.12-acre wooded lot near Perham, close to Rush Lake.

    Tbd 377th Street, Perham, MN 56573
    View details
    Leaf Lake Shoreline Lot
    $89,000
    1.60 Acres

    Leaf Lake Shoreline Lot

    Lakefront lot with 154 feet of shoreline.

    Ottertail, MN 56571
    View details
    Residential Land in Ottertail, MN
    $30,000
    1.18 Acres

    Residential Land in Ottertail, MN

    1.18-acre residential lot with city utilities in Ottertail, MN.

    Tbd E 2nd St, Ottertail, MN 56571
    View details
    Land Available in Otter Tail
    $589,000

    Land Available in Otter Tail

    Land for sale in Otter Tail County, Minnesota.

    42322 240th Street, Henning, MN 56551
    View details

    Off-Market Properties in New York Mills, MN

    Consider similar Off-Market properties in New York Mills, 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.

    406 Park St
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    406 Park St, New York Mills, MN 56567-4527

    View details

    New York Mills, MN Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in New York Mills, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $399,000.

    Sale prices for residential income properties in New York Mills, MN start at $399,000, averaging $399,000, and reaching up to $399,000 — 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

    Single family properties 1

    Demographics Overview

    Population 3,247
    Population Growth (5Y) -2.8%
    Median Household Income $69,919
    College Educated 22.9%

    High-Yield Neighborhoods for Strategic Investment

    Identify New York Mills submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    56567 $425K

    Taxes & Financing

    Tax Rate (average for all types) 3.39%
    Property Tax per SF $24.58 per sq ft
    Tax Rate vs County Average 1.12 pp above county avg
    Average Loan-to-Value 65.0%

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