Residential Income

Red Lake Falls, MN Residential Income Properties for Sale

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Thief River Falls, MN Crookston, MN Oklee, MN
16-Unit Apartment Building
Updated: Aug 12
16-Unit Apartment Building

110 MAIN AVE S, Red Lake Falls, MN 56750

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14,700 sqft
16‑unit apartment property built in 1996
12,868 net rentable square feet across a two‑story building
Unit mix: 4 one‑bedroom, 8 two‑bedroom, and 4 three‑bedroom apartments
On‑site laundry, management office, and off‑street parking
Within reach of regional employers in Thief River Falls and Crookston
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Red Lake Falls, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Duplex
Two-Unit Duplex

422 Conley Ave S, Thief River Falls, MN 56701

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840 sqft

Duplex with matching two-bedroom, two-bath residential units in Thief River Falls.

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Triplex With Detached Garage
Triplex With Detached Garage

Grand Forks, ND 58203

$195,000

Three residential units offer varied layouts, with gas forced-air and electric baseboard heating and a detached garage.

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4-Unit Quadplex with New Roof
4-Unit Quadplex with New Roof

Grand Forks, ND 58203

$235,000

Occupied four-unit property with a two-bedroom residence and three one-bedroom residences.

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Thief River Falls Investment Opportunity
Thief River Falls Investment Opportunity

1227 Stephen Street, Thief River Falls, MN 56701

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29 manufactured homes on leased land for sale.

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Red Lake Falls, MN Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Red Lake Falls, MN on our real estate platform. These investment opportunities span a total of 14,700 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 2,280
Population Growth (5Y) -0.9%
Median Household Income $74,688
College Educated 21.6%

Taxes & Financing

Tax Rate (average for all types) 2.86%
Tax Rate vs County Average 2.20 pp below county avg
Average Loan-to-Value 65.0%

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