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    Wheaton, MN Residential Income Properties for Sale

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    Graceville, MN Herman, MN Beardsley, MN
    Wheaton Multifamily Value-Add Opportunity
    $1,550,000
    4.59 Acres
    Wheaton Multifamily Value-Add Opportunity

    1305 3rd Ave S, Wheaton, MN 56296

    48-unit apartment complex in Wheaton, Minnesota with value-add potential.
    • Value‑add opportunity: Discounted price allows for significant improvements.
    • Strong local demand: High occupancy rates indicate unmet demand for housing.
    • Attractive unit mix: Diverse floor plans cater to a wide range of potential renters.
    • Ample parking: Features 40 garage stalls and abundant off‑street parking.
    • Large lot with potential: Situated on a spacious 4.59‑acre lot, offering space for enhanced amenities.
    Updated: Feb 10
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Wheaton, 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.

    Duplex with Detached Single Garage
    $169,900
    1,447 SF
    Duplex with Detached Single Garage

    Upper unit offers three bedrooms and the lower unit has two bedrooms in a duplex with vinyl siding.

    822 W Maple Avenue, Fergus Falls, MN 56537

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    Updated Duplex Income Property
    $199,900
    1,352 SF
    Updated Duplex Income Property

    Well-maintained duplex with two 3-bedroom units, including porch space and laundry facilities, suited for residential income use.

    424 W Birch Avenue, Fergus Falls, MN 56537

    View details
    Furnished Lakeshore Trailer with Dock
    $119,900
    24.00 Acres
    Furnished Lakeshore Trailer with Dock

    2010 Salem trailer in WildRidge RV Park with screened porch and a 24-foot dock plus pontoon lift for water access.

    2221 Reubens #29 Lane SW, Farwell, MN 56327

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    Waterfront RV Park Model with Dock
    $158,500
    Waterfront RV Park Model with Dock

    A well-maintained 2010 park model set directly on Lobster Lake with shoreline access, plus dock and boat lift.

    2221 Reubens Lane Sw #35, Farwell, MN 56327

    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.

    Spacious Residential Lots Near Lake
    $96,900
    1.49 Acres
    Spacious Residential Lots Near Lake

    Large residential lots in new Big Stone Lake subdivision.

    Oak Creek Circle lot: 10, Big Stone City, SD 57216

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    Spacious Lots in Oak Creek
    $92,900
    2.50 Acres
    Spacious Lots in Oak Creek

    Large residential lots available in Big Stone City, South Dakota.

    Oak Creek Circle lot: 8, Big Stone City, SD 57216

    View details
    Spacious Lots Near Big Stone Lake
    $92,900
    2.50 Acres
    Spacious Lots Near Big Stone Lake

    Large residential lots with utilities in Oak Creek subdivision.

    Oak Creek Circle lot: 7, Big Stone City, SD 57216

    View details
    Spacious Lots Near Big Stone Lake
    $136,900
    3.63 Acres
    Spacious Lots Near Big Stone Lake

    Large residential lots with utilities in serene Big Stone City.

    Oak Creek Circle lot: 11, Big Stone City, SD 57216

    View details

    Off-Market Properties in Wheaton, MN

    Consider similar Off-Market properties in Wheaton, 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.

    1301 3Rd Ave
    Multifamily properties
    35,936 SF Lot: 4.95 Acres
    Value Estimation by Request

    1301 3Rd Ave, Wheaton, MN 56296

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    Wheaton, MN Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Wheaton, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,550,000.

    Sale prices for residential income properties in Wheaton, MN start at $1,550,000, averaging $1,550,000, and reaching up to $1,550,000 — 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 1,861
    Population Growth (5Y) -4.5%
    Median Household Income $57,051
    College Educated 24.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56296 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 2.06%
    Property Tax per SF $4.92 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

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