Residential Income

Richmond, MN Residential Income Properties for Sale

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Waterfront Land with Park Model
Updated: Jun 17
Waterfront Land with Park Model

21707 State Highway 22, Richmond, MN 56368

$119,900
0.02 AC lot
Includes the lot, park model, and furnishings
Private dock slip with direct lake access on the Horseshoe Chain of Lakes
Shared sandy beach access
Resort amenities include a clubhouse and shared beach
Electricity available
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Lakefront Park Model Home
Updated: Jun 1
Lakefront Park Model Home

18096 Browns Lake Road # 60, Richmond, MN 56368

$155,000
0.02 AC lot
Lake home with water available
Fully furnished and move‑in ready park model seasonal home
Beach area, playground, and dock across the road
Includes a pool, lodge for larger events, and a fish cleaning shack
Main floor with living, dining, kitchen, bathroom, and primary bedroom
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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 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.

Four-Unit Apartment Property
Four-Unit Apartment Property

232 Broadway St E, Rockville, MN 56369

$250,000
3,688 sqft

Fully occupied apartments include a rented detached garage and off-street parking on a corner lot.

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Up-and-Down Duplex
Up-and-Down Duplex

157 10th Avenue N, Waite Park, MN 56387

$199,000
2,178 sqft 0.13 AC lot

Two distinct living areas include in-unit laundry, with off-street parking and detached garage space.

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16-Unit Apartment Building
16-Unit Apartment Building

314 County Road 8, Rockville, MN 56369

$999,000
1.30 AC lot

Two brick buildings offer a mix of one- and two-bedroom apartments, with laundry facilities and garage parking.

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Residential Income Property
Residential Income Property

920 3rd St N, Waite Park, MN 56387

$149,900

Bank-owned asset with prior group-housing use and seller financing subject to credit approval.

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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.

Residential Land in Cold Spring
Residential Land in Cold Spring

812 Krays Lake Road, Cold Spring, MN 56320

$129,900
0.28 AC lot

Premier residential development land available in Cold Spring, Minnesota.

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Residential Land Lot in Community
Residential Land Lot in Community

1912 River Links Drive, Cold Spring, MN 56320

$79,900
0.33 AC lot

Build a single-family home on a residential lot within the River Links community near area lakes and golf.

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Residential Land in Cold Spring
Residential Land in Cold Spring

113 17th Avenue N, Cold Spring, MN 56320

$61,900
0.24 AC lot

Residential land available for building in Cold Spring, Minnesota.

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Residential Lot in Cold Spring
Residential Lot in Cold Spring

36 Meadow Lane, Cold Spring, MN 56320

$55,000
0.37 AC lot

Generously sized lot in a neighborhood with minimal traffic.

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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

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

Estimated value:
$360,000
15,706 sqft
View details
487 2nd NE St
BOARDING/ROOMING HOUSE

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

Estimated value:
$275,000
3,552 sqft
View details
488 1st NE St
BOARDING/ROOMING HOUSE

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

Estimated value:
$275,000
3,552 sqft
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.

Sale prices for residential income properties in Richmond, MN start at $119,900, averaging $137,450, and reaching up to $155,000 — 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

Single family properties 2

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 $137.5K

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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