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    Perham, MN
    Residential Income

    Perham, MN Residential Income Properties for Sale

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    Dent, MN Ottertail, MN Frazee, MN Richville, MN New York Mills, MN Vergas, MN Sebeka, MN Detroit Lakes, MN
    Downtown Triplex with Private Entrances
    Updated: Jul 31
    Downtown Triplex with Private Entrances

    155 SW 4th, Perham, MN 56573

    $334,900
    2,412 sqft 0.26 AC lot
    Three‑unit apartment building with 2,412 square feet
    Private entrance serving each apartment unit
    Attached and detached garage parking
    Downtown Perham location near shops, restaurants, services, and employers
    0.26‑acre lot at 155 SW 4th, Perham, MN 56573
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    Residential Income Property
    Updated: Aug 8
    Residential Income Property

    155 SW 4th, Perham, MN 56573

    $334,900
    2,412 sqft
    Residential‑Multi‑Family zoning
    Built in 1886
    2,412 property size
    Block construction
    Natural gas and hot water
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    Three-Unit Apartment Building
    Three-Unit Apartment Building

    155 4th Ave Sw, Perham, MN 56573

    $334,900
    2,412 sqft

    Downtown multifamily property with private entrances and dedicated off-street parking for each residence.

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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 17 Potential Opportunities for your consideration. Besides 3 Active listings in Perham, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

    Lakefront Short-Term Rental Estate
    Lakefront Short-Term Rental Estate

    51097 E Wymer Lake Road #1, Frazee, MN 56544

    $779,000
    9,424 sqft

    Large lakefront property with separate rental and owner living areas, indoor solarium, cinema suite, and multiple gathering spaces.

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    Lakefront Short-Term Rental Estate
    Lakefront Short-Term Rental Estate

    1-51097 E Wymer Lake Rd, Frazee, MN 56544

    $779,000
    9,424 sqft

    Multi-wing property includes a cinema suite, solarium, fireplaces, and a separate owner residence.

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    Renovated Four-Unit Multifamily Property
    Renovated Four-Unit Multifamily Property

    1311 Summit Ave, Detroit Lakes, MN 56501

    $950,000
    6,892 sqft

    Multiple units feature updated interiors, while one furnished residence is ready for immediate occupancy.

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    Renovated Lakefront Duplex
    Renovated Lakefront Duplex

    27096 Little Floyd Lake Rd, Detroit Lakes, MN 56501

    $610,000
    1,248 sqft

    Two updated units share a lakeside paver patio, private boat slips, and access to outdoor recreation on Little Floyd Lake.

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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.

    Perham, MN Wooded Residential Lot
    Perham, MN Wooded Residential Lot

    377th Street, Perham, MN 56573

    Contact for pricing
    1.12 AC lot

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

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    Lakefront Land with Back Lot
    Lakefront Land with Back Lot

    Leaf River Road, Ottertail, MN 56571

    $87,000
    1.60 AC lot

    Lakefront lot offers 154 feet of shoreline plus a bonus back lot across a paved road.

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    Secluded East Battle Lake Lot
    Secluded East Battle Lake Lot

    220th Street, Clitherall, MN 56524

    $129,900
    2.29 AC lot

    2.4 acre lot with lake views and boat access.

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    Residential Lots by Pelican River
    Residential Lots by Pelican River

    River View Trail lot: 18 Block 2, Pelican Rapids, MN 56572

    $105,000
    0.98 AC lot

    Residential lots available in exclusive development with river access.

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    Off-Market Properties in Perham, MN

    Consider similar Off-Market properties in Perham, 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.

    47513 Short Rd
    MOBILE HOME PARK, TRAILER PARK

    47513 Short Rd, Perham, MN 56573-8875

    Estimated value:
    $275,000
    1.20 AC lot
    View details
    262 Pne Cone Park
    MOBILE HOME PARK, TRAILER PARK

    262 Pne Cone Park, Perham, MN 56573-2500

    Estimated value:
    $285,000
    10.97 AC lot
    View details
    49247 510th St
    APARTMENT HOUSE (5+ UNITS)

    49247 510th St, Perham, MN 56573-8217

    Estimated value:
    $190,000
    1,152 sqft
    View details
    130 2nd SW Ave
    APARTMENT HOUSE (5+ UNITS)

    130 2nd SW Ave, Perham, MN 56573-1460

    Estimated value:
    $245,000
    1,664 sqft 0.10 AC lot
    View details
    Perham, MN 56573
    APARTMENT HOUSE (5+ UNITS)

    Perham, MN 56573

    Estimated value:
    $240,000
    2,177 sqft 0.34 AC lot
    View details
    Perham, MN 56573
    MOBILE HOME PARK, TRAILER PARK

    Perham, MN 56573

    Estimated value:
    $270,000
    3.40 AC lot
    View details

    Perham, MN Residential Income Properties Market Trends and Statistics

    Explore 9 residential income properties for sale in Perham, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,236 square feet of properties for sale, with an estimated market value of $1,004,700.

    Sale prices for residential income properties in Perham, MN average $334,900 — 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

    Multifamily properties 2
    Triplexes 2

    Demographics Overview

    Population 6,868
    Population Growth (5Y) +10.6%
    Median Household Income $68,080
    College Educated 36.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56573 $334.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.55%
    Property Tax per SF $15.58 per SF
    Tax Rate vs County Average 0.27 pp above county avg
    Average Loan-to-Value 65.0%

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