Residential Income

Sleepy Eye, MN Residential Income Properties for Sale

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New Ulm, MN Hanska, MN Springfield, MN Morgan, MN Fairfax, MN Clements, MN Courtland, MN Lafayette, MN
Office Building with Apartments
Updated: Jul 27
Office Building with Apartments

140 Main St W, Sleepy Eye, MN 56085

$68,000
2,175 sqft
Two upper‑level apartments with tenants paying their own utilities
Main‑floor office includes reception, large office, small office, bathroom, utility room, and break‑area space
Rear storage area measures 32 x 22 feet
Main‑floor room measures 43 x 18 feet
One‑stall garage measures 22 x 12 feet and has a manual door
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1 active listing matches your search: Residential Income for sale in Sleepy Eye, MN. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Triplex
Updated Triplex

400 N Jefferson Street, New Ulm, MN 56073

$200,000
1,650 sqft 0.09 AC lot

Three occupied one-bedroom apartments include unit-specific renovations, with in-unit laundry in one residence.

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4-Unit Apartment Building with Garages
4-Unit Apartment Building with Garages

202 N Cass Avenue, Springfield, MN 56087

$234,900
4,900 sqft 0.34 AC lot

All four residences are leased, with a waiting list in place.

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Four-Unit Apartment Quadplex
Four-Unit Apartment Quadplex

305 N Van Buren Ave, Springfield, MN 56087

$290,000
2,400 sqft

Fully occupied residential income property with mixed unit layouts, detached garages, and coin-operated laundry.

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Triplex with Updated Units
Triplex with Updated Units

400 N Jefferson Street, New Ulm, MN 56073

$200,000
0.09 AC lot

All three apartments are occupied, with a full basement used for building maintenance storage.

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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 Sanborn, MN
Residential Land in Sanborn, MN

E Winona Street lot: 5-8, Sanborn, MN 56083

Contact for pricing
0.32 AC lot

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

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Residential Lot in Redwood Falls
Residential Lot in Redwood Falls

113 U'Ren Lane, Redwood Falls, MN 56283

Contact for pricing
0.29 AC lot

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

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Lakefront Lot for Custom Home
Lakefront Lot for Custom Home

S Ramsey Street, Redwood Falls, MN 56283

$50,000
1.15 AC lot

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

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Residential Land in Lake Crystal
Residential Land in Lake Crystal

Edgewater Road, Lake Crystal, MN 56055

$88,000
3.30 AC lot

3.3 acre residential land for sale in Lake Crystal, MN.

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Sleepy Eye, MN Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Sleepy Eye, MN on our real estate platform. These investment opportunities span a total of 2,175 square feet of properties for sale, with an estimated market value of $68,000.

Sale prices for residential investment properties in Sleepy Eye, MN average $68,000 — 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

Multifamily properties 1

Demographics Overview

Population 5,013
Population Growth (5Y) -4.9%
Median Household Income $70,429
College Educated 22.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56085 $68K

Taxes & Financing

Tax Rate (average for all types) 1.60%
Property Tax per SF $13.24 per SF
Tax Rate vs County Average 0.56 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Brown County

New Delisted

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