Residential Income

Wadena, MN Residential Income Properties for Sale

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Updated Triplex with Shared Yard
Updated: Sep 13
Updated Triplex with Shared Yard

1126 2nd St SE, Wadena, MN 56482

$374,500
3,377 sqft
Three‑unit property with two 2‑bedroom, 1‑bath units and one 2‑bedroom, 1.5‑bath unit
3,377‑square‑foot property originally constructed in 1891
Moved to a new block foundation and fully renovated in 1995
Updated electrical, plumbing, water pipes, appliances, mechanicals, flooring, and fixtures
Large shared backyard with an enclosed dog run
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Wadena, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

New-Roof Triplex
New-Roof Triplex

297 Us 10, Motley, MN 56466

$179,900
1,674 sqft

Three-unit residential income property with separately metered utilities, a new roof, garages, and storage space.

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Residential Income Property
Residential Income Property

155 SW 4th, Perham, MN 56573

$334,900
2,412 sqft

Historic residential income property with Residential-Multi-Family zoning and natural gas hot water service.

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Three-Unit Apartment Building
Three-Unit Apartment Building

155 4th Ave Sw, Perham, MN 56573

$334,900
2,412 sqft

Downtown multifamily property with private entrances and dedicated off-street parking for each residence.

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Triplex With New Roof
Triplex With New Roof

297 US 10, Motley, MN 56466

$179,900
1,674 sqft 0.17 AC lot

Three residential units feature separate gas and electric metering, plus attached garage and storage components.

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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.

Lakefront Land with Back Lot
Lakefront Land with Back Lot

Leaf River Road, Ottertail, MN 56571

$87,000
1.60 AC lot

Lakefront lot offers 154 feet of shoreline plus a bonus back lot across a paved road.

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Perham, MN Wooded Residential Lot
Perham, MN Wooded Residential Lot

377th Street, Perham, MN 56573

Contact for pricing
1.12 AC lot

1.12-acre wooded lot near Perham, close to Rush Lake.

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Residential Land Lots in Sylvan Shores
Residential Land Lots in Sylvan Shores

Oak Drive lot: S 22 & 23, Browerville, MN 56438

Contact for pricing
0.64 AC lot

Two builder-choice lots in Sylvan Shores with association pool, clubhouse, and lake access.

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Recreational Wooded Lot with Lake Access
Recreational Wooded Lot with Lake Access

Odessa Court lot: 8, Browerville, MN 56438

Contact for pricing
0.58 AC lot

Private wooded lot in a recreational subdivision with lake access and shared community amenities, including snowmobile trail access.

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Off-Market Properties in Wadena, MN

Consider similar Off-Market properties in Wadena, 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.

1402 Jefferson S St
MOBILE HOME PARK, TRAILER PARK

1402 Jefferson S St, Wadena, MN 56482-2342

Estimated value:
$130,000
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418 Jefferson St
Residential income properties

418 Jefferson St, Wadena, MN 56482

Estimated value: by Request
31,040 sqft 2.06 AC lot
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Wadena, MN Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Wadena, MN on our real estate platform. These investment opportunities span a total of 3,377 square feet of properties for sale, with an estimated market value of $374,500.

Sale prices for residential income properties in Wadena, MN average $374,500 — 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
Apartment buildings 1
Triplexes 1

Demographics Overview

Population 7,494
Population Growth (5Y) +9.8%
Median Household Income $56,356
College Educated 18.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56482 $374.5K

Taxes & Financing

Tax Rate (average for all types) 1.97%
Property Tax per SF $12.61 per SF
Tax Rate vs County Average 0.12 pp below county avg
Average Loan-to-Value 65.0%

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