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    Silver Lake, MN
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    Silver Lake, MN Residential Income Properties for Sale

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    12-Unit Lakefront Apartment Building
    Updated: Oct 2
    12-Unit Lakefront Apartment Building

    127 Park Avenue SW, Silver Lake, MN 55381

    $1,200,000
    1.59 AC lot
    12 apartments: 10 one‑bedroom units and 2 two‑bedroom units
    Age‑restricted rental community for adults aged 50 and older
    Lakefront setting on a 1.59‑acre lot
    Built in 1984
    Coin‑operated laundry room and community room
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Silver Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Mixed-Use Property with 4 Apartments
    Mixed-Use Property with 4 Apartments

    518 Central Ave, Lester Prairie, MN 55354

    $325,000
    6,288 sqft

    Main-floor commercial space offers a step-free entrance directly from the street.

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    Mixed-Use Building with 4 Apartments
    Mixed-Use Building with 4 Apartments

    518 Central Avenue, Lester Prairie, MN 55354

    $325,000
    0.14 AC lot

    Four occupied apartments accompany a street-level commercial area with step-free entry and immediate lease availability.

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    RV Resort Lot Near Lake
    RV Resort Lot Near Lake

    2945 County Road 4 #125 SW, Cokato, MN 55321

    $34,000
    0.07 AC lot

    Seasonal site with available electricity and access to extensive resort amenities.

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    RV Resort Lot with Recreation
    RV Resort Lot with Recreation

    2945 County Road 4 #159 SW, Cokato, MN 55321

    $60,000
    0.08 AC lot

    Seasonal RV setting with a marina, sandy beach, heated pool, and extensive outdoor activities.

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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.

    Duplex-Eligible Residential Land Lots
    Duplex-Eligible Residential Land Lots

    505/515 Hilltop Drive NE, Hutchinson, MN 55350

    $76,000

    Two adjacent lots are zoned for single-family or duplex construction, offered together for a residential infill plan.

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    Residential Lot in Glencoe, MN
    Residential Lot in Glencoe, MN

    1527 Ranger Drive N, Glencoe, MN 55336

    $41,000
    0.17 AC lot

    Buildable lot near schools, restaurants, and Highway 212.

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    Residential Land Near Collinwood Lake
    Residential Land Near Collinwood Lake

    20605 746th Avenue, Dassel, MN 55325

    $67,500
    1.22 AC lot

    1.22 acre residential lot with lake views in Dassel.

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    Development Land with City Entitlement
    Development Land with City Entitlement

    820 Johnson Ave, Cokato, MN 55321

    $1,123,000
    62.38 AC lot

    Large development tract with city utilities at the street and zoning for residential and transition uses.

    View details

    Silver Lake, MN Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Silver Lake, MN on our real estate platform.

    Sale prices for residential income properties in Silver Lake, MN average $1,200,000 — 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

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 2,001
    Population Growth (5Y) -0.1%
    Median Household Income $87,011
    College Educated 18.2%

    Taxes & Financing

    Tax Rate (average for all types) 2.82%
    Property Tax per SF $17.86 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McLeod County

    New Delisted

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