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    Springfield, MN
    Residential Income

    Springfield, MN Residential Income Properties for Sale

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    Sanborn, MN Clements, MN Morgan, MN Sleepy Eye, MN Lamberton, MN Hanska, MN Mountain Lake, MN Redwood Falls, MN
    4-Unit Apartment Building with Garages
    Updated: Jul 24
    4-Unit Apartment Building with Garages

    202 N Cass Avenue, Springfield, MN 56087

    $234,900
    4,900 sqft 0.34 AC lot
    Four‑unit apartment property with all units leased and a waiting list
    4,900 square feet on a 0.344‑acre corner lot
    Detached garages and parking lot
    Brick construction with forced‑air heating
    Flat rubber roof; newer roof and furnaces
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    Four-Unit Apartment Quadplex
    Updated: Aug 22
    Four-Unit Apartment Quadplex

    305 N Van Buren Ave, Springfield, MN 56087

    $290,000
    2,400 sqft
    Four apartment units: two one‑bedroom and two two‑bedroom apartments
    All four units are currently occupied
    2,400 square feet; built in 1970
    Four detached garage stalls
    Coin‑operated laundry on site
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Residential Income for sale in Springfield, 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.

    Side-by-Side Duplex With Garages
    Side-by-Side Duplex With Garages

    2230-2228 W Dream Drive, North Mankato, MN 56003

    $675,000
    2,172 sqft 1.08 AC lot

    Two residential units feature three-level layouts, walkout lower levels, and attached garages.

    View details
    Renovated Side-by-Side Duplex
    Renovated Side-by-Side Duplex

    2230-2228 W Dream Drive, North Mankato, MN 56003

    $675,000
    4,040 sqft 1.00 AC lot

    Both residences span three levels and include walkout lower levels, attached garages, and maintenance-free decks.

    View details
    32-Unit Senior Housing Property
    32-Unit Senior Housing Property

    3200 Maple Ave Unit 2, Slayton, MN 56172

    $599,900
    27,513 sqft

    One-bedroom layouts include common areas, on-site parking, and individually metered electric.

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    32-Unit Senior Apartment Building
    32-Unit Senior Apartment Building

    2-3200 Maple Ave, Slayton, MN 56172

    $599,900

    One-bedroom residences include shared amenities, separately metered electricity, and on-site parking.

    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 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 Lot Near Bingham Lake
    Residential Lot Near Bingham Lake

    1134 Bingham Lake Drive, Bingham Lake, MN 56118

    $38,000

    Buildable lot with lake access to build your dream home.

    View details

    Springfield, MN Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Springfield, MN on our real estate platform. These investment opportunities span a total of 7,300 square feet of properties for sale, with an estimated market value of $524,900.

    Sale prices for residential investment properties in Springfield, MN start at $234,900, averaging $262,450, and reaching up to $290,000 — 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 2
    Quadplexes 2

    Demographics Overview

    Population 3,240
    Population Growth (5Y) +8.4%
    Median Household Income $64,566
    College Educated 31.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56087 $264.7K

    Taxes & Financing

    Tax Rate (average for all types) 2.81%
    Property Tax per SF $24.68 per SF
    Tax Rate vs County Average 0.65 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Brown County

    New Delisted

    How Realmo verifies these figures

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