Residential Income

Waseca, MN Residential Income Properties for Sale

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Janesville, MN Morristown, MN Waterville, MN Elysian, MN Owatonna, MN New Richland, MN Faribault, MN Warsaw, MN
Duplex with Updated Boilers and Sewer Line
Updated: Nov 28, 2025
Duplex with Updated Boilers and Sewer Line

210 7th Avenue NE, Waseca, MN 56093

$149,900
2,244 sqft 0.11 AC lot
Two‑unit duplex with 3 bedrooms and 1 bathroom per unit
Updated boilers and PVC sewer system
Each unit has its own washer and dryer
Off‑street parking lot plus usable yard space
Hot water heating and wood exterior
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Triplex with Forced Air Heating
Updated: May 21
Triplex with Forced Air Heating

610 SE 3rd Avenue, Waseca, MN 56093

$174,800
0.20 AC lot
0.2‑acre lot at 610 SE 3rd Avenue, Waseca, MN 56093
Built in 1887
Forced‑air heating
Shingle roof
Three bedrooms and three bathrooms referenced in the room details
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Triplex Multifamily Property
Triplex Multifamily Property

610 3rd Ave Se, Waseca, MN 56093

$174,800
1,071 sqft

Three residential units are situated near parks, schools, local services, and downtown Waseca.

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Mixed-Use Income Property
Mixed-Use Income Property

102 State St N, Waseca, MN 56093

$495,000

Two downtown buildings with retail, office, restaurant, event spaces, and short-term rental units—plus additional storage for operations.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 4 Active listings in Waseca, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Newer-Construction 16-Unit Portfolio
Newer-Construction 16-Unit Portfolio

220 SW Maple Ave, Elysian, MN 56028

Contact for pricing
17,280 sqft 2.15 AC lot

Sixteen fully leased units in four 4-plex buildings built in 2021–2022 with in-unit laundry and private patios/decks.

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Flex Space with Metal Roof
Flex Space with Metal Roof

406 W State Hwy 60, Elysian, MN 56028

$299,900

Flex space on W State Hwy 60 with metal roof and heating via wall furnace and space heater.

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Mixed-Use Commercial Building
Mixed-Use Commercial Building

508 Central Ave N, Faribault, MN 55021

$369,000

Vacant main level retail space with a fully leased apartment above in a downtown Central Business District zone.

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Motel and Duplex Investment Property
Motel and Duplex Investment Property

1400 4th Street NW and 1234 4th St NW, Faribault, MN 55021

Contact for pricing

Two-parcel property includes a motel with studio and one-bedroom units plus an adjacent two-unit duplex.

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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.

Commercial Land with City Water and Sewer
Commercial Land with City Water and Sewer

200 E North Street, Janesville, MN 56048

$425,000

Vacant commercial land with city water and sewer available for development in Janesville, Minnesota.

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Expansive Residential Parcel in Waterville
Expansive Residential Parcel in Waterville

Open Lot Browers Street E, Waterville, MN 56096

$52,500
0.74 AC lot

Three lots combined into one expansive parcel for future use.

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Deeded Lake-Access Home Site
Deeded Lake-Access Home Site

707 Tetonka View Drive, Waterville, MN 56096

$95,500
0.64 AC lot

Build a custom residence on a 0.638-acre lot with deeded lake access for year-round or weekend use.

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Elysian, MN Buildable Lots
Elysian, MN Buildable Lots

Lewis Lane, Elysian, MN 56028

Contact for pricing
0.18 AC lot

Buildable lots in a quiet, peaceful lakeside town.

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Off-Market Properties in Waseca, MN

Consider similar Off-Market properties in Waseca, 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.

218 Vis Villa Ct
MOBILE HOME PARK, TRAILER PARK

218 Vis Villa Ct, Waseca, MN 56093-1704

$3,150,000
Estimated value
30.63 AC lot
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218 Vis Villa Ct
MOBILE HOME PARK, TRAILER PARK

218 Vis Villa Ct, Waseca, MN 56093-1704

$3,150,000
Estimated value
1.29 AC lot
View details
Johnson Ave
Multifamily properties

0 Johnson Ave, Waseca, MN 56093

Value Estimation by Request
40,075 sqft 0.92 AC lot
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Waseca, MN Residential Income Properties Market Trends and Statistics

Explore 7 residential income properties for sale in Waseca, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 3,315 square feet of properties for sale, with an estimated market value of $994,500.

Sale prices for residential income properties in Waseca, MN start at $149,900, averaging $248,625, and reaching up to $495,000 — 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 5
Short term rental properties 2
Triplexes 2
Duplexes 1

Demographics Overview

Population 13K
Population Growth (5Y) +3.4%
Median Household Income $73,210
College Educated 23.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56093 $276.6K

Taxes & Financing

Tax Rate (average for all types) 3.21%
Property Tax per SF $27.04 per SF
Tax Rate vs County Average 0.40 pp above county avg
Average Loan-to-Value 65.0%

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