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    Richmond, MN
    Residential Income

    Richmond, MN Residential Income Properties for Sale

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    Cold Spring, MN Paynesville, MN Eden Valley, MN Rockville, MN Saint Joseph, MN Kimball, MN Watkins, MN Saint Cloud, MN
    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
    View details
    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 12 Potential Opportunities for your consideration. Besides 1 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.

    Up-Down Duplex with Detached Garage
    Up-Down Duplex with Detached Garage

    157 10th Avenue N, Waite Park, MN 56387

    $209,000
    2,178 sqft 0.13 AC lot

    Up/down duplex with natural gas baseboard heat, in-unit laundry, and detached garage off-street parking in Waite Park.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    2005 FRONTAGE RD N, Waite Park, MN 56387

    Contact for pricing
    464 sqft

    For-sale apartment building offering residential income ownership at a Frontage Road address in Waite Park, Minnesota.

    View details
    33-Site Manufactured Housing Community
    33-Site Manufactured Housing Community

    12244 Highway 55, Annandale, MN 55302

    Contact for pricing

    Mixed residential income property with tenant-owned homes, apartments, RV accommodations, and established utility infrastructure.

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    Trailer Park Community
    Trailer Park Community

    12244 State Highway 55, Annandale, MN 55302

    Contact for pricing

    Annandale Trailer Park is for sale along State Highway 55, about 45 minutes from the Minneapolis/St. Paul metro.

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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 Lots in Eden Valley
    Residential Lots in Eden Valley

    545 Willow Avenue, Eden Valley, MN 55329

    Contact for pricing
    0.15 AC lot

    Affordable residential lots in a desirable Eden Valley neighborhood.

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    Residential Lots in Eden Valley
    Residential Lots in Eden Valley

    525 Willow Avenue, Eden Valley, MN 55329

    Contact for pricing
    0.15 AC lot

    Affordable lots in a softly traveled neighborhood, ready to build.

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    Residential Lots in Eden Valley
    Residential Lots in Eden Valley

    564 Willow Avenue, Eden Valley, MN 55329

    Contact for pricing
    0.15 AC lot

    Affordable residential lots in a desirable Eden Valley neighborhood.

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    Residential Lots in Eden Valley
    Residential Lots in Eden Valley

    544 Willow Avenue, Eden Valley, MN 55329

    Contact for pricing
    0.15 AC lot

    Affordable residential lots in a softly traveled neighborhood.

    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

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

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

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

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

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

    $275,000
    Estimated value
    3,552 sqft
    View details

    Richmond, MN Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Richmond, MN on our real estate platform.

    Sale prices for residential income properties in Richmond, MN average $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 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 $165K

    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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    Most Searched ZIP Codes in Richmond, MN

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