Redwood Falls, MN
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Redwood Falls, MN Residential Income Properties for Sale

    Notify Me
    List
    Map
    Clements, MN Morgan, MN Fairfax, MN
    Mixed-Use Building in Downtown
    $129,900
    0.07 Acres
    Mixed-Use Building in Downtown

    226 S Washington Street, Redwood Falls, MN 56283

    Versatile commercial and residential property in Redwood Falls, MN.
    • Prime downtown location with high visibility and foot traffic.
    • Turn‑key commercial space suitable for various business ventures.
    • Two residential units providing income potential, one currently rented.
    • Desirable interior features: exposed brick, wood floors, and natural light.
    • Flexible commercial space with dressing room, counter area, and storage.
    Updated: Apr 28
    View details
    Mixed-Use Downtown Redevelopment Property
    $99,900
    0.23 Acres
    Mixed-Use Downtown Redevelopment Property

    230/234/240 S Washington Street, Redwood Falls, MN 56283

    Four-parcel downtown package with commercial space and an upper level ready for possible apartment conversion, plus a vacant lot.
    • Prime Downtown Location: High visibility in Redwood Falls' thriving downtown.
    • Significant Square Footage: Approximately 10,000 sq ft of commercial space and 6,800 sq ft for potential apartments.
    • Development Potential: Vacant lot for parking or development; create multiple commercial units and 10‑12 apartments.
    • Flexible Configuration: Reconfigure buildings into multiple commercial units with separate entrances.
    • Historic Features: Salvaged original wood trim and vintage appliances offer unique restoration opportunities.
    Updated: Jul 24, 2025
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Redwood Falls, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Multifamily Property with Historic Charm
    $899,900
    0.53 Acres
    Multifamily Property with Historic Charm

    Well-maintained 9-unit multifamily property with historic charm and modern updates.

    215 S 5th Street, Montevideo, MN 56265

    View details
    Mixed-Use Commercial and Residential Building
    $62,900
    0.16 Acres
    Mixed-Use Commercial and Residential Building

    Versatile main-floor commercial space with an upstairs 3-bedroom apartment, plus gas boiler heat and a garage on a large lot.

    101 2nd Street SE, Fairfax, MN 55332

    View details
    Downtown Fairfax Commercial Building
    $47,500
    0.08 Acres
    Downtown Fairfax Commercial Building

    Charming commercial building in downtown Fairfax with versatile spaces.

    127 1st Street SE, Fairfax, MN 55332

    View details
    Montevideo Residential Income Property
    $449,900
    5,800 SF
    Montevideo Residential Income Property

    5,800 SF residential income property in Montevideo, Minnesota.

    1806 Lincoln Ave, Montevideo, MN 56265

    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.

    Lakefront Lot for Custom Home
    $50,000
    1.15 Acres
    Lakefront Lot for Custom Home

    1.096-acre lot with 130 feet of shoreline on Lake Redwood.

    Tbd S Ramsey Street, Redwood Falls, MN 56283

    View details
    Residential Lot in Redwood Falls
    Contact for pricing
    0.29 Acres
    Residential Lot in Redwood Falls

    City lot in a quiet cul-de-sac with city services.

    113 U'Ren Lane, Redwood Falls, MN 56283

    View details
    Land Parcel in Growing Community
    $55,300
    4.74 Acres
    Land Parcel in Growing Community

    4.74-acre parcel in Fairfax, MN, ideal for custom development.

    0 4th Ave NW, Fairfax, MN 55332

    View details
    Residential Land in Sanborn, MN
    Contact for pricing
    0.32 Acres
    Residential Land in Sanborn, MN

    Build-ready land in town, ideal for custom home.

    Lot 5-8 E Winona Street, Sanborn, MN 56083

    View details

    Off-Market Properties in Redwood Falls, MN

    Consider similar Off-Market properties in Redwood Falls, 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.

    900 Elm St
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    900 Elm St, Redwood Falls, MN 56283-1356

    View details
    Redwood Falls, MN 56283
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.65 Acres
    Value Estimation by Request

    Redwood Falls, MN 56283

    View details

    Redwood Falls, MN Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Redwood Falls, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $229,800.

    Sale prices for residential income properties in Redwood Falls, MN start at $99,900, averaging $114,900, and reaching up to $129,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 6,469
    Population Growth (5Y) +2.8%
    Median Household Income $66,548
    College Educated 31.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56283 $137.4K

    Taxes & Financing

    Tax Rate (average for all types) 2.22%
    Property Tax per SF $11.46 per SF
    Tax Rate vs County Average 0.10 pp below county avg
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings