Residential Income

Northfield, MN Residential Income Properties for Sale

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Dundas, MN Randolph, MN Faribault, MN Webster, MN Cannon Falls, MN Lonsdale, MN Lakeville, MN Hampton, MN
Fully Renovated Duplex with Garages
Updated: May 16
Fully Renovated Duplex with Garages

4625 280th Street W, Northfield, MN 55057

$435,000
2,860 sqft 2.03 AC lot
Two units fully renovated three years ago with new kitchens and flooring
New road‑facing windows on the front half of both units
Separate laundry in each unit plus storage shed
Single‑car garage is heated and insulated
2.031‑acre lot with 2,860 SF total building area
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Mixed-Use Quadplex
Updated: Apr 11
Mixed-Use Quadplex

1405 Heritage Drive, Northfield, MN 55057

Contact for pricing
4 residential units are currently occupied
Property designed for easy transformation to other uses
Has residential and commercial possibilities based on intended transformable layout
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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 18 Potential Opportunities for your consideration. Besides 2 Active listings in Northfield, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

Four-Unit Apartment Building
Four-Unit Apartment Building

8843 18th Ave S, Bloomington, MN 55425

$575,000
3,128 sqft

Updated building systems and a practical unit mix support residential income use in Bloomington.

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Duplex with Large Deck
Duplex with Large Deck

4200 W 108th Street, Bloomington, MN 55437

$620,000

Both units feature four bedrooms, two bathrooms, refreshed interiors, and access to an expansive backyard.

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Seven-Unit Apartment Residence
Seven-Unit Apartment Residence

226 7th St Nw, Faribault, MN 55021

$525,000

Historic seven-unit apartment property with classic hardwood floors, open-frame porch, basement, and gravel driveway parking.

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Mixed-Use Commercial Building
Mixed-Use Commercial Building

508 Central Ave N, Faribault, MN 55021

$369,000

Vacant main level retail space with a fully leased apartment above in a downtown Central Business District zone.

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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.

Acreage Lots in Rice Lake
Acreage Lots in Rice Lake

23858 Hall Drive, Lakeville, MN 55044

$265,000
2.55 AC lot

Over 2.5 acre lots perfect for building your dream home.

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Acreage Lots in Rice Lake
Acreage Lots in Rice Lake

23804 Hall Drive, Lakeville, MN 55044

$250,000
2.88 AC lot

Two 2.5+ acre lots perfect for building your dream home.

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Residential Development Home Lot
Residential Development Home Lot

19740 Burlington Path, Farmington, MN 55024

$150,000
0.28 AC lot

Build-ready residential home site offered with lot reservations available in a current development near major roadway access.

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Residential Lot in Prime Location
Residential Lot in Prime Location

19966 Hiawatha Court, Lakeville, MN 55044

$199,000
0.23 AC lot

Level lot in established Lakeville cul-de-sac, open to builders.

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Off-Market Properties in Northfield, MN

Consider similar Off-Market properties in Northfield, 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.

Northfield, MN 55057
APARTMENT HOUSE (5+ UNITS)

Northfield, MN 55057

$270,000
Estimated value
1.96 AC lot
View details
118 Water N St
APARTMENT HOUSE (5+ UNITS)

118 Water N St, Northfield, MN 55057-2022

$400,000
Estimated value
0.59 AC lot
View details
2501 Jefferson Rd
APARTMENT HOUSE (5+ UNITS)

2501 Jefferson Rd, Northfield, MN 55057-3448

$1,615,000
Estimated value
5,591 sqft 0.58 AC lot
View details
812 Linden N St
APARTMENT HOUSE (5+ UNITS)

812 Linden N St, Northfield, MN 55057-1340

$510,000
Estimated value
20,121 sqft 2.01 AC lot
View details
Northfield, MN 55057
APARTMENT HOUSE (5+ UNITS)

Northfield, MN 55057

$250,000
Estimated value
0.46 AC lot
View details
529 Woodley W St
APARTMENT HOUSE (5+ UNITS)

529 Woodley W St, Northfield, MN 55057-2747

$300,000
Estimated value
1,340 sqft 0.38 AC lot
View details
931 Cannon Vly W Dr
APARTMENT HOUSE (5+ UNITS)

931 Cannon Vly W Dr, Northfield, MN 55057-1301

$450,000
Estimated value
9,827 sqft 0.31 AC lot
View details
Northfield, MN 55057
APARTMENT HOUSE (5+ UNITS)

Northfield, MN 55057

$245,000
Estimated value
0.20 AC lot
View details

Northfield, MN Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Northfield, MN on our real estate platform. These investment opportunities span a total of 2,860 square feet of properties for sale, with an estimated market value of $435,000.

Sale prices for residential income properties in Northfield, MN average $435,000 — 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

Multifamily properties 2
Duplexes 1
Quadplexes 1

Demographics Overview

Population 25K
Population Growth (5Y) +1.5%
Median Household Income $97,521
College Educated 72.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55057 $435K

Taxes & Financing

Tax Rate (average for all types) 2.55%
Property Tax per SF $43.22 per SF
Tax Rate vs County Average 0.12 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rice County

New Delisted

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