Park Rapids, MN
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    Park Rapids, MN Residential Income Properties for Sale

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    Nevis, MN Osage, MN Menahga, MN
    Duplex Residential Income Property
    $169,900
    2,882 SF
    Duplex Residential Income Property

    13330 Ermine Drive, Park Rapids, MN 56470

    Duplex on a single parcel with separate unit layouts, serviced by well and septic systems.
    • Duplex about 4 miles north of Park Rapids on roughly 1 acre
    • South unit features 2 bedrooms, 1 full bath, living room, family room, and washer/dryer hookup
    • North unit offers 3 bedrooms, 2 full baths, including a private primary suite bath and walk‑in closet
    • Each unit is serviced by a drilled well and septic system (private water and private sewer)
    • 1989 frame construction with forced‑air heating and attached garage parking
    Updated: Oct 29, 2025
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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Park Rapids, 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.

    Brainerd Lakes Area Investment Opportunity
    $379,000
    3,180 SF
    Brainerd Lakes Area Investment Opportunity

    Well-maintained 6-unit property with development potential in Brainerd, MN.

    1401 Norwood Street, Brainerd, MN 56401

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    Two-Unit Residential Income Duplex
    $209,900
    1,408 SF
    Two-Unit Residential Income Duplex

    Duplex layout offers separate upper and lower units with in-unit laundry and multiple bedroom configurations.

    519 S 9th Street, Brainerd, MN 56401

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    Duplex with Detached Single Garage
    $169,900
    1,447 SF
    Duplex with Detached Single Garage

    Upper unit offers three bedrooms and the lower unit has two bedrooms in a duplex with vinyl siding.

    822 W Maple Avenue, Fergus Falls, MN 56537

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    Updated Duplex Income Property
    $199,900
    1,352 SF
    Updated Duplex Income Property

    Well-maintained duplex with two 3-bedroom units, including porch space and laundry facilities, suited for residential income use.

    424 W Birch Avenue, Fergus Falls, MN 56537

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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.

    Residential Land with Natural Shoreline
    $85,000
    6.84 Acres
    Residential Land with Natural Shoreline

    6.84 acres with 209' shoreline in Park Rapids, MN.

    13895 Gazelle Trail, Park Rapids, MN 56470

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    Waterfront Recreational Land
    $2,100,000
    123.09 Acres
    Waterfront Recreational Land

    Large wooded tract with drivable trails, two cabins, and 3,000 feet of west-facing shoreline on Eagle Lake.

    24965 Hammock Trail, Park Rapids, MN 56470

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    Land for Cabin or Home
    $74,900
    5.30 Acres
    Land for Cabin or Home

    5.3-acre lot near Osage, MN, ideal for building.

    TBD 10 Bog Lake Trail, Osage, MN 56570

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    Recreational Hunting and Homesite Land
    $250,000
    65.00 Acres
    Recreational Hunting and Homesite Land

    65-acre wooded parcel with cleared camping area, driveway access, and power-line easement near state land.

    Arbor Road, Park Rapids, MN 56470

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    Off-Market Properties in Park Rapids, MN

    Consider similar Off-Market properties in Park Rapids, 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.

    12531 Far Portage Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.00 Acre
    Value Estimation by Request

    12531 Far Portage Dr, Park Rapids, MN 56470

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    501 Gilbert S Ave
    HIGH-RISE APARTMENTS
    5,536 SF Lot: 0.32 Acres
    Value Estimation by Request

    501 Gilbert S Ave, Park Rapids, MN 56470-1621

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    16569 County 107
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.96 Acres
    Value Estimation by Request

    16569 County 107, Park Rapids, MN 56470-2247

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    36431 County 4th 4
    MOBILE HOME PARK, TRAILER PARK
    Lot: 6.16 Acres
    Value Estimation by Request

    36431 County 4th 4, Park Rapids, MN 56470-6570

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    791 Western N Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 3.22 Acres
    Value Estimation by Request

    791 Western N Ave, Park Rapids, MN 56470-3352

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    1006 Crocus Hl E St
    APARTMENT HOUSE (5+ UNITS)
    33,268 SF Lot: 15.68 Acres
    Estimated value
    $810,000

    1006 Crocus Hl E St, Park Rapids, MN 56470-5419

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    300 Ct Ave
    HIGH-RISE APARTMENTS
    12,378 SF Lot: 1.33 Acres
    Value Estimation by Request

    300 Ct Ave, Park Rapids, MN 56470-1413

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    13618 County 40
    MOBILE HOME PARK, TRAILER PARK
    288 SF Lot: 66.67 Acres
    Value Estimation by Request

    13618 County 40, Park Rapids, MN 56470-4536

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    Park Rapids, MN Residential Income Properties Market Trends and Statistics

    Explore 9 residential income properties for sale in Park Rapids, MN on our real estate platform. These investment opportunities span a total of 2,882 square feet of properties for sale, with an estimated market value of $169,900.

    Sale prices for residential income properties in Park Rapids, MN start at $169,900, averaging $169,900, and reaching up to $169,900 — 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 11K
    Population Growth (5Y) +2.5%
    Median Household Income $68,351
    College Educated 40.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56470 $169.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.12%
    Property Tax per SF $39.03 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

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