Residential Income

Waconia, MN Residential Income Properties for Sale

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St Bonifacius, MN Mayer, MN Minnetrista, MN Saint Bonifacius, MN Chaska, MN Victoria, MN Watertown, MN Young America, MN
Updated Three-Level Duplex
Updated: Feb 14
Updated Three-Level Duplex

333 W 2nd Street, Waconia, MN 55387

$595,000
Remodeled upper‑level rental unit with 2 bedrooms, 1 bath, kitchen, and laundry
Main level includes 2 bedrooms, formal dining room, living room, eat‑in kitchen, and remodeled bathroom
Lower level provides 2 bedrooms, family room, kitchen, and full bath
Spacious 528 sq. ft. garage plus additional off‑street parking
Built in 1900 with hardwood floors, original woodwork, and high ceilings
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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 15 Potential Opportunities for your consideration. Besides 1 Active listings in Waconia, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, 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.

Updated Triplex with Private Parking
Updated Triplex with Private Parking

213 Main Street E, Young America, MN 55397

$374,900
3,762 sqft 0.12 AC lot

Fully rented three-unit property with coin-operated laundry and convenient access to Hwy 212.

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Two-Story Duplex with Garage
Two-Story Duplex with Garage

239 3rd Ave W, Shakopee, MN 55379

$269,900
1,656 sqft

Two separately entered one-bedroom units feature stucco exteriors, newer windows, and a newer roof.

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

224 Main E Street, Young America, MN 55397

$875,000

Two buildings combine renovated residential units with a laundromat and rear off-street parking.

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Mobile Home Park Community
Mobile Home Park Community

12665 Dem Con Dr, Shakopee, MN 55379

Contact for pricing

Mobile home park operating at 100% occupancy with private well water and an aeration sewer system.

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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.

Wooded Walk-Out Lakeview Lot
Wooded Walk-Out Lakeview Lot

5123 Waterbury Road, Mound, MN 55364

$189,900
0.26 AC lot

Permitting-ready lot with utilities in and natural walk-out characteristics, offering seasonal Lake Minnetonka views.

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Waterfront Land with South-Facing Shoreline
Waterfront Land with South-Facing Shoreline

4877 Island View Drive, Mound, MN 55364

$849,000
0.18 AC lot

Build-ready waterfront lot with 80 feet of south-facing shoreline and city sewer and water available.

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Residential Land in Shorewood, MN
Residential Land in Shorewood, MN

25975 Wild Rose Lane, Excelsior, MN 55331

$550,000
1.23 AC lot

1.23 acre residential lot in Minnetonka School District.

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Rare Interior Lot Opportunity
Rare Interior Lot Opportunity

2800xx Casco Point Road, Orono, MN 55391

$975,000

0.57-acre lot in Casco Point community, Orono, MN.

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Off-Market Properties in Waconia, MN

Consider similar Off-Market properties in Waconia, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

7 1st St
APARTMENT HOUSE (5+ UNITS)

7 1st St, Waconia, MN 55387-1411

$245,000
Estimated value
0.05 AC lot
View details
9 1st St
APARTMENT HOUSE (5+ UNITS)

9 1st St, Waconia, MN 55387-1426

$120,000
Estimated value
0.05 AC lot
View details
861 Vis Blvd
APARTMENT HOUSE (5+ UNITS)

861 Vis Blvd, Waconia, MN 55387-3200

$595,000
Estimated value
2.68 AC lot
View details
27 10th W St
APARTMENT HOUSE (5+ UNITS)

27 10th W St, Waconia, MN 55387-2802

$390,000
Estimated value
2,074 sqft 1.57 AC lot
View details
601 Industrial Blvd
APARTMENT HOUSE (5+ UNITS)

601 Industrial Blvd, Waconia, MN 55387-5518

$505,000
Estimated value
10.72 AC lot
View details
587 Cherry Dr
APARTMENT HOUSE (5+ UNITS)

587 Cherry Dr, Waconia, MN 55387-4578

$265,000
Estimated value
1.00 AC lot
View details

Waconia, MN Residential Income Properties Market Trends and Statistics

Explore 7 residential income properties for sale in Waconia, MN on our real estate platform.

Sale prices for residential income properties in Waconia, MN average $595,000 — 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

Duplexes 1
Multifamily properties 1

Demographics Overview

Population 15K
Population Growth (5Y) +10.1%
Median Household Income $109,279
College Educated 64.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55387 $595K

Taxes & Financing

Tax Rate (average for all types) 1.78%
Property Tax per SF $17.53 per SF
Tax Rate vs County Average 0.44 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Carver County

New Delisted

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