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    Sleepy Eye, MN
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    Sleepy Eye, MN Residential Income Properties for Sale

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    Office Building with Apartments
    Updated: Jul 28
    Office Building with Apartments

    140 W Main Street, Sleepy Eye, MN 56085

    Contact for pricing
    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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    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 Sleepy Eye, 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.

    Four-Unit Apartment Building
    Four-Unit Apartment Building

    202 N Cass Avenue, Springfield, MN 56087

    $252,000
    4,900 sqft 0.34 AC lot

    Four-unit apartment building with detached garages on a corner lot, brick construction, and forced-air heat.

    View details
    Residential Income Property with Garage
    Residential Income Property with Garage

    202 N Cass Avenue, Springfield, MN 56087

    $252,000
    4,900 sqft

    The property includes a parking lot, garage, and forced-air heating.

    View details
    Duplex With Private Entrances
    Duplex With Private Entrances

    802 Le Hillier St, Mankato, MN 56001

    $249,900
    1,500 sqft

    Two residential units offer distinct layouts, private access, laundry space, storage, and included appliances.

    View details
    Duplex with Private Entrances and Patio
    Duplex with Private Entrances and Patio

    802 LeHiller Street, Mankato, MN 56001

    $249,900
    0.22 AC lot

    Duplex on a gravel driveway with forced-air heat, featuring two private entrances and a block patio for outdoor living.

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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.

    View details
    Residential Land in Lake Crystal
    Residential Land in Lake Crystal

    Edgewater Road, Lake Crystal, MN 56055

    $99,900
    3.30 AC lot

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

    View details

    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.

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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 $134.9K

    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%

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