Residential Income

Pine River, MN Residential Income Properties for Sale

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Pequot Lakes, MN Breezy Point, MN Jenkins, MN Crosslake, MN Merrifield, MN Nisswa, MN Garrison, MN Lake Shore, MN
4-Unit Quadplex with Garage
Updated: Aug 21
4-Unit Quadplex with Garage

450 Murray Avenue, Pine River, MN 56474

$327,900
2,508 sqft 1.40 AC lot
Four units with three occupied and one vacant
2,508 square feet of finished space on a 1.4‑acre lot
Six bedrooms and four bathrooms
Attached two‑stall garage and deck
Unit 1 leased through August 2027; Units 3 and 4 are month‑to‑month
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Four-Unit Property with Two-Stall Garage
Updated: May 20
Four-Unit Property with Two-Stall Garage

450 Murray Ave, Pine River, MN 56474

$329,900
2,508 sqft
Four‑unit property with 6 bedrooms and 4 bathrooms
Approximately 2,508 finished square feet
Three occupied units with Unit 2 currently vacant
Two‑stall garage, newer deck, and updated kitchen flooring
Built in 1972 with remote‑controlled ceiling fans
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Pine River, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Campground with Hospitality Facilities
Campground with Hospitality Facilities

23115 Old Bridge Rd, Menahga, MN 56464

$1,250,000
5,800 sqft 4.76 AC lot

The property combines campground infrastructure with an established bar and grill, tubing operations, and supporting commercial facilities.

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Wooded Hunting Land with Cabin
Wooded Hunting Land with Cabin

29910 County 109, Menahga, MN 56464

$299,900
80.00 AC lot

Heavily wooded 80-acre parcel with a cabin/bunkhouse, storage shed for ATVs, established trails, and hunting stands.

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Triplex with Five-Stall Pole Building
Triplex with Five-Stall Pole Building

6761 County Road 16, Pequot Lakes, MN 56472

$689,900
2,496 sqft 1.00 AC lot

Three individually equipped units include private laundry, climate control, and dedicated outdoor space.

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Mixed-Use Building with Large Garage
Mixed-Use Building with Large Garage

30694_ Olson Street, Pequot Lakes, MN 56472

$795,000
0.30 AC lot

Two kitchens, office areas, and a game room provide varied spaces for residential and work-related functions.

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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 in Backus, MN
Residential Land in Backus, MN

18th Street SW lot: 4, Backus, MN 56435

$30,000
1.80 AC lot

1.8 acre residential lot with power and road frontage.

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Residential Land in Backus, MN
Residential Land in Backus, MN

OAK CREST Court SW lot: 17, Backus, MN 56435

$30,000
2.10 AC lot

Residential land with mature trees and easy access to amenities.

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Residential Land in Backus, MN
Residential Land in Backus, MN

OAK CREST Court SW lot: 8, Backus, MN 56435

$30,000
2.06 AC lot

2.06 acre residential lot with mature trees near town.

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Residential Land in Backus, MN
Residential Land in Backus, MN

OAK CREST Court SW lot: 9, Backus, MN 56435

$30,000
2.08 AC lot

2.08 acre residential lot with mature trees near town.

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Pine River, MN Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Pine River, MN on our real estate platform. These investment opportunities span a total of 5,016 square feet of properties for sale, with an estimated market value of $657,800.

Sale prices for residential income properties in Pine River, MN start at $327,900, averaging $328,900, and reaching up to $329,900 — 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
Quadplexes 2

Demographics Overview

Population 4,471
Population Growth (5Y) +9.6%
Median Household Income $55,741
College Educated 29.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56474 $328.9K

Taxes & Financing

Tax Rate (average for all types) 1.17%
Property Tax per SF $16.72 per SF
Tax Rate vs County Average 0.06 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cass County

New Delisted

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