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    Sleepy Eye, MN Residential Income Properties for Sale

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    New Ulm, MN Morgan, MN Hanska, MN
    Sleepy Eye Duplex Opportunity
    $134,900
    1,582 SF
    Sleepy Eye Duplex Opportunity

    100 NW Greenback Street, Sleepy Eye, MN 56085

    Duplex in Sleepy Eye, MN, can convert to single-family.
    • 4‑bedroom, 2‑bath home currently set up and being used as a duplex
    • Could be converted back to a single‑family layout with 2 bedrooms and a full bath upstairs plus 2 bedrooms and a full bath on the main floor
    • All utilities are separated
    • Year built 1898
    • Includes three sheds behind the home; the shed at the end of the driveway has electricity
    Updated: Feb 26
    View details
    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.

    Mixed-Use Building in Downtown
    $129,900
    0.07 Acres
    Mixed-Use Building in Downtown

    Versatile commercial and residential property in Redwood Falls, MN.

    226 S Washington Street, Redwood Falls, MN 56283

    View details
    Mixed-Use Commercial and Residential Building
    $62,900
    0.16 Acres
    Mixed-Use Commercial and Residential Building

    Versatile main-floor commercial space with an upstairs 3-bedroom apartment, plus gas boiler heat and a garage on a large lot.

    101 2nd Street SE, Fairfax, MN 55332

    View details
    Mixed-Use Downtown Redevelopment Property
    $99,900
    0.23 Acres
    Mixed-Use Downtown Redevelopment Property

    Four-parcel downtown package with commercial space and an upper level ready for possible apartment conversion, plus a vacant lot.

    230/234/240 S Washington Street, Redwood Falls, MN 56283

    View details
    Downtown Fairfax Commercial Building
    $47,500
    0.08 Acres
    Downtown Fairfax Commercial Building

    Charming commercial building in downtown Fairfax with versatile spaces.

    127 1st Street SE, Fairfax, MN 55332

    View details

    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 Lot in Growing Neighborhood
    Contact for pricing
    0.20 Acres
    Residential Lot in Growing Neighborhood

    Residential lot in New Ulm, utilities stubbed in.

    2405 Lake Avenue, New Ulm, MN 56073

    View details
    Residential Lot in Growing Neighborhood
    Contact for pricing
    0.20 Acres
    Residential Lot in Growing Neighborhood

    Residential lot in New Ulm, utilities stubbed in.

    2401 Lake Avenue, New Ulm, MN 56073

    View details
    Residential Lot in Growing Neighborhood
    Contact for pricing
    0.20 Acres
    Residential Lot in Growing Neighborhood

    Residential lot in New Ulm, utilities stubbed in.

    2409 Lake Avenue, New Ulm, MN 56073

    View details
    Land Parcel in Growing Community
    $55,300
    4.74 Acres
    Land Parcel in Growing Community

    4.74-acre parcel in Fairfax, MN, ideal for custom development.

    0 4th Ave NW, Fairfax, MN 55332

    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 1,582 square feet of properties for sale, with an estimated market value of $134,900.

    Sale prices for residential income properties in Sleepy Eye, MN start at $134,900, averaging $134,900, and reaching up to $134,900 — 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

    Duplexes 1
    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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