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    Pine River, MN
    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 Lake Shore, MN Backus, MN
    Updated Quadplex
    Updated: Aug 21
    Updated Quadplex

    450 Murray Avenue, Pine River, MN 56474

    $334,900
    2,508 sqft 1.40 AC lot
    Four‑unit property with 2,508 square feet of building area
    1.4‑acre in‑town parcel in Pine River, MN
    More than $15,000 in recent seller updates
    New deck, kitchen flooring, and remote‑controlled ceiling fans
    Attached 2‑stall garage plus driveway parking
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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 9 Potential Opportunities for your consideration. Besides 1 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.

    Duplex with Upper Two-Bedroom Unit
    Duplex with Upper Two-Bedroom Unit

    519 S 9th Street, Brainerd, MN 56401

    $209,900
    1,408 sqft 0.13 AC lot

    Frame duplex on a small lot with upper two-bedroom living space and lower one-bedroom unit.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1401 Norwood Street, Brainerd, MN 56401

    $369,000
    3,180 sqft 0.17 AC lot

    Six units with a mix of two-bedroom, one-bedroom, and efficiency apartments, all currently month to month.

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    Furnished Three-Unit Rental Property
    Furnished Three-Unit Rental Property

    607 Second Street S, Walker, MN 56484

    $799,000
    9,752 sqft 1.24 AC lot

    Furnished three-unit rental built in 2005 with 14 bedrooms, 13 bathrooms, and multiple decks and patios.

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    Lake-View Fully Remodeled 14-Unit
    Lake-View Fully Remodeled 14-Unit

    107 Minnesota Ave E, Walker, MN 56484

    $1,175,000

    Fully remodeled 14-unit apartment property with a mix of 1-bedroom, efficiency, and one 3-bedroom unit, plus on-site Airbnb rentals.

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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: 9, Backus, MN 56435

    $30,000
    2.08 AC lot

    2.08 acre residential lot with mature trees near town.

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

    26th Avenue SW lot: 19, Backus, MN 56435

    $30,000
    1.90 AC lot

    1.9-acre residential lot with mature trees near town.

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    Pine River, MN Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Pine River, MN on our real estate platform. These investment opportunities span a total of 2,508 square feet of properties for sale, with an estimated market value of $334,900.

    Sale prices for residential income properties in Pine River, 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 1
    Quadplexes 1

    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 $849.9K

    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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