Residential Income

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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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.

Updated Duplex with Detached Garage
Updated Duplex with Detached Garage

345 2nd Avenue SW, Milaca, MN 56353

$320,000
2,076 sqft 0.41 AC lot

Two leased units with separate utility metering and a three-stall detached garage.

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

345 2nd Ave SW, Milaca, MN 56353

$320,000
2,076 sqft

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

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55+ Community Investment Opportunity
55+ Community Investment Opportunity

11038 183rd Cir NW, Elk River, MN 55330

Contact for pricing
11,536 sqft

Eight-unit, 55+ community built in 2020, great location.

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Land, Elk River, MN
Land, Elk River, MN

TBD 2 192nd Avenue NW, Elk River, MN 55330

$199,900
5.00 AC lot

Residential land & home lots · 5.00 Acres

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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.

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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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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Land for Residential Development
Land for Residential Development

8072 325th Avenue NW, Princeton, MN 55371

$130,000
4.06 AC lot

Residential lots in new subdivision, ranging from 3.41 to 8.6 acres.

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Farmland with Pond
Farmland with Pond

293rd Ave, Princeton, MN 55371

$390,000
18.75 AC lot

Open agricultural land bordered by a pond and mature trees, with potential for residential, agricultural, or recreational use.

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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

Estimated value:
No data
0.34 AC lot
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1227 Oak Ln
MOBILE HOME PARK, TRAILER PARK

1227 Oak Ln, Princeton, MN 55371-1017

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

1227 Oak Ln, Princeton, MN 55371-1017

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

12113 317th Ave, Princeton, MN 55371-3313

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

Princeton, MN 55371

Estimated value:
$250,000
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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