Advertise
    Owatonna, MN
    Residential Income

    Owatonna, MN Residential Income Properties for Sale

    Notify Me
    List
    Map
    Hutchinson, MN Medford, MN Claremont, MN Faribault, MN Waseca, MN Warsaw, MN Morristown, MN Blooming Prairie, MN
    Two-Unit Duplex with Garage
    Updated: Jul 23
    Two-Unit Duplex with Garage

    722 16th St Se, Owatonna, MN 55060

    $300,000
    1,791 sqft
    Two 2‑bedroom, 1‑bath units in an up/down duplex configuration
    1,791 property size
    New furnaces and new water heater
    Separate gas and electric utilities for each unit
    Shared laundry area and attached two‑car garage
    View details
    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 80 Potential Opportunities for your consideration. Besides 1 Active listings in Owatonna, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 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.

    Triplex Multifamily Property
    Triplex Multifamily Property

    610 3rd Ave Se, Waseca, MN 56093

    $174,800
    1,071 sqft

    Three residential units are situated near parks, schools, local services, and downtown Waseca.

    View details
    Triplex with Forced Air Heating
    Triplex with Forced Air Heating

    610 SE 3rd Avenue, Waseca, MN 56093

    $174,800
    0.20 AC lot

    Triplex built in 1887 with forced-air heating and a shingle roof in Waseca, MN.

    View details
    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.

    View details
    Motel and Duplex Investment Property
    Motel and Duplex Investment Property

    1400 4th Street NW and 1234 4th St NW, Faribault, MN 55021

    Contact for pricing

    Two-parcel property includes a motel with studio and one-bedroom units plus an adjacent two-unit duplex.

    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.

    Land For Sale
    Land For Sale

    2195 NE Maple Leaf Lane, Owatonna, MN 55060

    $84,000

    Land available for purchase.

    View details
    Residential Land in Owatonna, MN
    Residential Land in Owatonna, MN

    Breckenridge Place NW, Owatonna, MN 55060

    $35,000
    0.58 AC lot

    Wooded lot for building a dream home with highway access.

    View details
    Recreation Hunting Land with Build Site
    Recreation Hunting Land with Build Site

    630th Street, Claremont, MN 55924

    $249,900
    125.00 AC lot

    RIM/WRP enrolled habitat acreage plus a small buildable site with utilities at the road.

    View details
    Expansive Residential Parcel in Waterville
    Expansive Residential Parcel in Waterville

    Open Lot Browers Street E, Waterville, MN 56096

    $52,500
    0.74 AC lot

    Three lots combined into one expansive parcel for future use.

    View details

    Off-Market Properties in Owatonna, MN

    Consider similar Off-Market properties in Owatonna, 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.

    215 22nd NW St
    APARTMENT HOUSE (5+ UNITS)

    215 22nd NW St, Owatonna, MN 55060-1255

    $1,945,000
    Estimated value
    18,332 sqft
    View details
    1830 Hartle Ave
    APARTMENT HOUSE (5+ UNITS)

    1830 Hartle Ave, Owatonna, MN 55060-4490

    $535,000
    Estimated value
    4,320 sqft
    View details
    252 Broadway St
    APARTMENT HOUSE (5+ UNITS)

    252 Broadway St, Owatonna, MN 55060-2404

    $340,000
    Estimated value
    4,147 sqft
    View details
    115 Chambers Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    115 Chambers Ave, Owatonna, MN 55060-3067

    $210,000
    Estimated value
    1,200 sqft
    View details
    612 Agnes St
    APARTMENT HOUSE (5+ UNITS)

    612 Agnes St, Owatonna, MN 55060-3176

    $570,000
    Estimated value
    7,800 sqft
    View details
    811 School St
    APARTMENT HOUSE (5+ UNITS)

    811 School St, Owatonna, MN 55060-3183

    $600,000
    Estimated value
    9,766 sqft
    View details
    245 Rice St
    APARTMENT HOUSE (UNDER 5 UNITS)

    245 Rice St, Owatonna, MN 55060-3092

    $275,000
    Estimated value
    2,796 sqft
    View details
    135 22nd NW St
    APARTMENT HOUSE (5+ UNITS)

    135 22nd NW St, Owatonna, MN 55060-1391

    $1,070,000
    Estimated value
    13,440 sqft
    View details
    633 Agnes St
    APARTMENT HOUSE (5+ UNITS)

    633 Agnes St, Owatonna, MN 55060-3177

    $825,000
    Estimated value
    10,608 sqft
    View details
    511 Elm Ave
    APARTMENT HOUSE (5+ UNITS)

    511 Elm Ave, Owatonna, MN 55060-3351

    $265,000
    Estimated value
    2,870 sqft
    View details
    1212 Frontage Rd
    APARTMENT HOUSE (100+ UNITS)

    1212 Frontage Rd, Owatonna, MN 55060-5692

    $6,910,000
    Estimated value
    72,822 sqft 6.31 AC lot
    View details
    219 Ml St
    APARTMENT HOUSE (UNDER 5 UNITS)

    219 Ml St, Owatonna, MN 55060-3074

    $290,000
    Estimated value
    2,544 sqft
    View details
    119 Chambers Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    119 Chambers Ave, Owatonna, MN 55060-3076

    $270,000
    Estimated value
    1,716 sqft
    View details
    706 Academy St
    APARTMENT HOUSE (5+ UNITS)

    706 Academy St, Owatonna, MN 55060-3181

    $1,880,000
    Estimated value
    13,248 sqft
    View details
    805 Cedar Ave
    APARTMENT HOUSE (5+ UNITS)

    805 Cedar Ave, Owatonna, MN 55060-3257

    $305,000
    Estimated value
    3,172 sqft
    View details
    352 Rose St
    APARTMENT HOUSE (5+ UNITS)

    352 Rose St, Owatonna, MN 55060-2548

    $625,000
    Estimated value
    14,464 sqft
    View details
    241 13th SW St
    APARTMENT HOUSE (UNDER 5 UNITS)

    241 13th SW St, Owatonna, MN 55060-3953

    $235,000
    Estimated value
    2,040 sqft
    View details
    614 Brg St
    APARTMENT HOUSE (5+ UNITS)

    614 Brg St, Owatonna, MN 55060-2776

    $5,645,000
    Estimated value
    32,676 sqft
    View details
    285 Cedardale SE Dr
    APARTMENT HOUSE (5+ UNITS)

    285 Cedardale SE Dr, Owatonna, MN 55060-4425

    $700,000
    Estimated value
    7,905 sqft
    View details
    308 Cedar Ave
    APARTMENT HOUSE (5+ UNITS)

    308 Cedar Ave, Owatonna, MN 55060-2951

    $520,000
    Estimated value
    8,095 sqft
    View details
    328 Pne Ave
    APARTMENT HOUSE (5+ UNITS)

    328 Pne Ave, Owatonna, MN 55060-2572

    $440,000
    Estimated value
    7,260 sqft
    View details
    217 School St
    APARTMENT HOUSE (5+ UNITS)

    217 School St, Owatonna, MN 55060-2949

    $260,000
    Estimated value
    3,729 sqft
    View details
    1208 3rd NE Ave
    APARTMENT HOUSE (5+ UNITS)

    1208 3rd NE Ave, Owatonna, MN 55060-1788

    $675,000
    Estimated value
    7,318 sqft
    View details

    Owatonna, MN Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Owatonna, MN on our real estate platform. These investment opportunities span a total of 1,791 square feet of properties for sale, with an estimated market value of $300,000.

    Sale prices for residential income properties in Owatonna, MN average $300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 32K
    Population Growth (5Y) +0.2%
    Median Household Income $84,408
    College Educated 34.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55060 $300K

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $3.69 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Steele County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Owatonna, MN

    Popular Categories

    Most Searched ZIP Codes in Owatonna, MN

    • 55060

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!