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    Princeton, MN Residential Income Properties for Sale

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    Princeton Mobile Home Park Opportunity
    Updated: May 11
    Princeton Mobile Home Park Opportunity

    1201 12th Street North, Princeton, MN 55371

    Contact for pricing
    Significant rental upside: Increase lot rents to the market average of $589, offering approximately $286 of potential growth per lot.
    Stabilized, 23‑unit mobile home park community with 19 occupied lots and a single‑family home generating immediate income.
    Three vacant lots with existing infrastructure (full hook‑ups) provide immediate opportunity to increase occupancy and revenue.
    Located approximately 50 miles from Minneapolis, providing access to a strong demand base for affordable housing.
    Existing operations include 19 lot renters paying $303/month and a single‑family home rented for $825/month, demonstrating current income.
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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 14 Potential Opportunities for your consideration. Besides 1 Active listings in Princeton, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

    Up-Down Duplex with Detached 3-Stall Garage
    Up-Down Duplex with Detached 3-Stall Garage

    345 2nd Avenue SW, Milaca, MN 56353

    $320,000
    2,076 sqft 0.41 AC lot

    Up-down duplex with separate utilities, main-level laundry access, and existing leases in place through 2026 and mid June 2027.

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    Up-Down Duplex With Detached Garage
    Up-Down Duplex With Detached Garage

    151 3rd Avenue, Foley, MN 56329

    $175,000
    1,465 sqft 0.08 AC lot

    Up-down duplex with a 2 bed/1 bath main unit and a 1 bed/1 bath upper unit, separately metered utilities.

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    Updated Duplex with Detached Garage
    Updated Duplex with Detached Garage

    151 3rd Ave, Foley, MN 56329

    $175,000
    1,465 sqft

    Up/down configuration includes separately metered utilities and leases in place through Fall 2026.

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    Residential Income Property with Daylight Basement
    Residential Income Property with Daylight Basement

    345 2nd Avenue SW, Milaca, MN 56353

    $320,000
    2,076 sqft

    Two-story residential property with a full unfinished daylight basement and multiple heating systems.

    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.

    Residential Lots in Princeton Development
    Residential Lots in Princeton Development

    L3 B2 138th St, Princeton, MN 55371

    $120,000
    3.45 AC lot

    Residential lots ranging from 2.5 to 4.02 acres.

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    Acreage Lots in Premier Development
    Acreage Lots in Premier Development

    13396 295th Ave NW, Princeton, MN 55371

    $125,000
    2.72 AC lot

    Spacious lots in Princeton's newest premier development.

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    Acreage Lots in Premier Development
    Acreage Lots in Premier Development

    13098 295th Ave, Princeton, MN 55371

    $120,000
    3.28 AC lot

    Spacious lots in Princeton's newest premier residential development.

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    Land in Hidden Hills
    Land in Hidden Hills

    8132 325th Avenue NW, Princeton, MN 55371

    $135,000
    5.26 AC lot

    Residential lots in a new subdivision with creek access.

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    Off-Market Properties in Princeton, MN

    Consider similar Off-Market properties in Princeton, 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.

    103 4Th Street Cir
    Land

    103 4Th Street Cir, Princeton, MN 55371

    Value Estimation by Request
    0.34 AC lot
    View details
    1227 Oak Ln
    MOBILE HOME PARK, TRAILER PARK

    1227 Oak Ln, Princeton, MN 55371-1017

    $250,000
    Estimated value
    1,216 sqft 14.78 AC lot
    View details
    1227 Oak Ln
    MOBILE HOME PARK, TRAILER PARK

    1227 Oak Ln, Princeton, MN 55371-1017

    $250,000
    Estimated value
    10.00 AC lot
    View details
    12113 317th Ave
    MOBILE HOME PARK, TRAILER PARK

    12113 317th Ave, Princeton, MN 55371-3313

    $240,000
    Estimated value
    1,072 sqft 33.15 AC lot
    View details
    Princeton, MN 55371
    MOBILE HOME PARK, TRAILER PARK

    Princeton, MN 55371

    $250,000
    Estimated value
    5.00 AC lot
    View details

    Princeton, MN Residential Income Properties Market Trends and Statistics

    Explore 6 residential income properties for sale in Princeton, MN on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Mobile home & RV parks 1
    Multifamily properties 1

    Demographics Overview

    Population 17K
    Population Growth (5Y) +2.4%
    Median Household Income $89,674
    College Educated 25.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.42%
    Property Tax per SF $39.48 per SF
    Tax Rate vs County Average 0.30 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mille Lacs County

    New Delisted

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