Residential Income

Wells, MN Residential Income Properties for Sale

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10-Unit Apartment Building
Updated: Feb 3
10-Unit Apartment Building

10 1st Avenue NW, Wells, MN 56097

$315,000
0.16 AC lot
10 apartments: 2 studios, 4 one‑bedroom units, and 4 two‑bedroom units
One vacant two‑bedroom apartment is being remodeled
Owner‑provided, non‑coin‑operated washer and dryer
Unfinished basement used for storage and supplies, plus additional rental storage spaces
Built in 1948 on a 0.16‑acre parcel
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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
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Wells, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Triplex with Detached Double Garage
Triplex with Detached Double Garage

403 S 4Th Avenue E, Lake Mills, IA 50450

$109,900
1,811 sqft 0.48 AC lot

Occupied triplex with varied apartment layouts, outdoor space, and a recently installed boiler.

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Duplex with Detached Garage
Duplex with Detached Garage

221 N 3rd Ave, Albert Lea, MN 56007

$169,900
1,990 sqft

Two separately entered residences provide a flexible configuration for owner occupancy or rental use.

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8-Unit Apartment Building
8-Unit Apartment Building

207 S Lake Street, Lake Mills, IA 50450

$150,000
0.20 AC lot

The property offers a mix of one- and two-bedroom apartment layouts, with several units featuring newer flooring and paint.

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Side-by-Side Duplex Near Medical Center
Side-by-Side Duplex Near Medical Center

Albert Lea, MN 56007

$150,000

City-licensed duplex with one remodeled unit and a second unit being prepared for occupancy.

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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.

Residential Lot in Easton, MN
Residential Lot in Easton, MN

Cedar Street, Easton, MN 56025

Contact for pricing
0.16 AC lot

Residential building lot available in Easton, Minnesota.

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Residential Buildable Lot
Residential Buildable Lot

114 Main St, Walters, MN 56097

Contact for pricing
0.23 AC lot

Build your next home on a small residential lot with utilities available nearby in a quiet Walters community.

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Residential Lot in Quiet Neighborhood
Residential Lot in Quiet Neighborhood

1629 Seath Drive, Albert Lea, MN 56007

$35,000
1.17 AC lot

Residential lot in Albert Lea, Minnesota, totaling 1.174 acres.

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Residential Land in Albert Lea
Residential Land in Albert Lea

1609 Country Club Road, Albert Lea, MN 56007

$49,000
1.06 AC lot

1.06 acre residential land for sale in Albert Lea, MN.

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Off-Market Properties in Wells, MN

Consider similar Off-Market properties in Wells, 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.

400 4Th Ave
Multifamily properties

400 4Th Ave, Wells, MN 56097

Estimated value: by Request
21,284 sqft 5.19 AC lot
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Wells, MN Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Wells, MN on our real estate platform.

Sale prices for residential investment properties in Wells, MN average $315,000 — 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

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 3,593
Population Growth (5Y) -3.4%
Median Household Income $63,646
College Educated 26.2%

Taxes & Financing

Tax Rate (average for all types) 2.90%
Property Tax per SF $26.96 per SF
Average Loan-to-Value 65.0%

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