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    Richmond, MN Residential Income Properties for Sale

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    Cold Spring, MN Rockville, MN Eden Valley, MN
    Lakefront Park Model Lot
    $176,900
    0.02 Acres
    Lakefront Park Model Lot

    Richmond, MN 56368

    Move-in ready park model on a Horseshoe Chain of Lakes lot with association amenities, dock access, and furnished lake living.
    • Park model lot included, plus park model and furnishings, offered as move‑in ready and fully furnished
    • Access to over 15 interconnected lakes on the Horseshoe Chain of Lakes for fishing, boating, and recreation
    • Horseshoe Shores Association amenities include in‑ground pool, private beach, dock, and boat slip
    • Association also provides lawn maintenance, fish cleaning shack, and lodge that can be used for events or parties
    • Main level includes primary bedroom, full bath, and open‑concept living area with electric fireplace
    Updated: Jun 5
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    Versatile Mixed-Use Investment Property
    $145,000
    0.08 Acres
    Versatile Mixed-Use Investment Property

    28 Main Street W, Richmond, MN 56368

    Fully rented commercial and residential units in Richmond, Minnesota.
    • Fully rented property provides immediate rental income.
    • Versatile office space and two updated residential units.
    • Residential units feature new flooring and modern appliances.
    • Turnkey investment opportunity.
    • Exterior is stucco.
    Updated: May 15
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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 Apartment Building
    $785,000
    0.33 Acres
    Multifamily Apartment Building

    Well-maintained apartment building with six occupied month-to-month units featuring four-bedroom layouts.

    1226 9th Avenue S, Saint Cloud, MN 56301

    View details
    Mixed-Use Building with Income Potential
    $285,900
    0.22 Acres
    Mixed-Use Building with Income Potential

    Four-unit building with office and residential rental income.

    22 3rd Avenue S, Cold Spring, MN 56320

    View details
    Mixed-Use Building with Income Potential
    $285,900
    0.22 Acres
    Mixed-Use Building with Income Potential

    Four-unit building with office and residential rental income.

    22 3rd S Avenue, Cold Spring, MN 56320

    View details
    St. Cloud Mobile Home Community
    $1,000,000
    St. Cloud Mobile Home Community

    18-site mobile home community in St. Cloud, Minnesota.

    Saint Cloud, MN 56303

    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.

    Premier Lot on Krays Lake
    $465,000
    1.00 Acres
    Premier Lot on Krays Lake

    Signature lot with lake shore and golf course views.

    803 Krays Lake Road, Cold Spring, MN 56320

    View details
    Residential Land in Cold Spring
    $129,900
    0.28 Acres
    Residential Land in Cold Spring

    Premier residential development land available in Cold Spring, Minnesota.

    812 Krays Lake Road, Cold Spring, MN 56320

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    Single-Family Residential Lot
    $79,900
    0.33 Acres
    Single-Family Residential Lot

    Single-family lot in River Links Residential Community near Rich-Spring Golf Course and the Sauk River Chain of Lakes.

    1912 River Links Drive, Cold Spring, MN 56320

    View details
    Residential Land in Cold Spring
    $61,900
    0.24 Acres
    Residential Land in Cold Spring

    Residential land available for building in Cold Spring, Minnesota.

    113 17th Avenue N, Cold Spring, MN 56320

    View details

    Off-Market Properties in Richmond, MN

    Consider similar Off-Market properties in Richmond, 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.

    120 1st NE St
    BOARDING/ROOMING HOUSE
    15,706 SF
    Value Estimation by Request

    120 1st NE St, Richmond, MN 56368-4538

    View details
    487 2nd NE St
    BOARDING/ROOMING HOUSE
    3,552 SF
    Value Estimation by Request

    487 2nd NE St, Richmond, MN 56368-8089

    View details
    488 1st NE St
    BOARDING/ROOMING HOUSE
    3,552 SF
    Value Estimation by Request

    488 1st NE St, Richmond, MN 56368-8086

    View details

    Richmond, MN Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Richmond, 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 $321,900.

    Sale prices for residential income properties in Richmond, MN start at $145,000, averaging $160,950, and reaching up to $176,900 — 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
    Single family properties 1

    Demographics Overview

    Population 4,162
    Population Growth (5Y) -9.1%
    Median Household Income $92,963
    College Educated 28.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56368 $145K

    Taxes & Financing

    Tax Rate (average for all types) 2.02%
    Property Tax per SF $68.66 per SF
    Tax Rate vs County Average 0.78 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Stearns County

    New Delisted

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