Residential Income

White Bear Lake, MN Residential Income Properties for Sale

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Saint Paul, MN Hugo, MN Mahtomedi, MN Vadnais Heights, MN North Oaks, MN Maplewood, MN Oakdale, MN Little Canada, MN
Mixed-Use Building with Restaurant
Updated: Jun 2
Mixed-Use Building with Restaurant

4466 Centerville Road, White Bear Lake, MN 55127

$899,000
0.29 AC lot
Mixed‑use building with restaurant and catering configuration on the main level
Two upstairs apartments are currently leased
Walk‑in refrigerator, freezer, hood, bar top, and ice maker included
New roof completed in 2024; air conditioner and water heater updated in 2019
0.29‑acre site with off‑street parking and signage opportunity
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White Bear Lake Restaurant/Apartment Building
Updated: Nov 24, 2025
White Bear Lake Restaurant/Apartment Building

4466 Centerville Rd, White Bear Lake, MN

Contact for pricing
5,300 sqft 0.29 AC lot
Prime White Bear Lake Location
Newer Restaurant Buildout / Catering
Includes 2 Apartments on Floor 2
Free Standing
Multi‑Tenant
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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 32 Potential Opportunities for your consideration. Besides 2 Active listings in White Bear Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 22 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 Lake Access
Duplex with Lake Access

60 Grove Street, Mahtomedi, MN 55115

$500,000
2,416 sqft 0.16 AC lot

Updated duplex with a new deck, spacious backyard, and shared dock access to White Bear Lake.

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Updated Duplex with Lake Access
Updated Duplex with Lake Access

60 Grove St, Mahtomedi, MN 55115

$500,000
2,416 sqft

Updated interiors, a new deck, and shared dock access support outdoor living near White Bear Lake.

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Triplex with Detached Garage
Triplex with Detached Garage

6193 49th St N, Oakdale, MN 55128

$475,000
2,804 sqft

Three-unit residential property with varied layouts, garage parking, and access to a private backyard.

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Triplex with Attached Garage
Triplex with Attached Garage

6193 49th Street N, Oakdale, MN 55128

$475,000
2,804 sqft 0.36 AC lot

Three-unit residential property with a three-bedroom main residence, two additional units, and a private backyard.

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.

Residential Lots in White Bear Lake
Residential Lots in White Bear Lake

1787 Cheri Court, White Bear Lake, MN 55110

$229,900
0.24 AC lot

Residential lots available for new construction in White Bear Lake.

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Residential Lot in Mahtomedi
Residential Lot in Mahtomedi

Glenmar Avenue, Mahtomedi, MN 55115

$115,000
0.37 AC lot

0.36-acre lot in award-winning Mahtomedi School District.

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Wooded Land Overlooking Nature Center
Wooded Land Overlooking Nature Center

County Road C W, Roseville, MN 55113

$275,000
0.80 AC lot

Private, wooded 0.79-acre lot in the heart of Roseville.

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10-Acre Residential Land Parcel
10-Acre Residential Land Parcel

128xx Jody Ave, Hugo, MN 55038

$250,000
10.00 AC lot

10-acre open builder site in Hugo, MN, Stillwater School District.

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Off-Market Properties in White Bear Lake, MN

Consider similar Off-Market properties in White Bear Lake, 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.

3820 Hoffman Rd
APARTMENT HOUSE (100+ UNITS)

3820 Hoffman Rd, White Bear Lake, MN 55110-5001

Estimated value:
$15,575,000
211,420 sqft 5.22 AC lot
View details
1711 County Rd Ee
APARTMENT HOUSE (100+ UNITS)

1711 County Rd Ee, White Bear Lake, MN 55110-5545

Estimated value:
$760,000
2.99 AC lot
View details
1441 Park St
APARTMENT HOUSE (100+ UNITS)

1441 Park St, White Bear Lake, MN 55110-7700

Estimated value:
$15,105,000
146,942 sqft 8.22 AC lot
View details
1652 9th St
APARTMENT HOUSE (5+ UNITS)

1652 9th St, White Bear Lake, MN 55110-6736

Estimated value:
$775,000
10,176 sqft 0.89 AC lot
View details
4650 Centerville Rd
APARTMENT HOUSE (100+ UNITS)

4650 Centerville Rd, White Bear Lake, MN 55127-3200

Estimated value:
$10,470,000
4.70 AC lot
View details
2207 6th St
APARTMENT HOUSE (5+ UNITS)

2207 6th St, White Bear Lake, MN 55110-2808

Estimated value:
$605,000
9,768 sqft 0.18 AC lot
View details
3525 Century N Ave
APARTMENT HOUSE (5+ UNITS)

3525 Century N Ave, White Bear Lake, MN 55110-5694

Estimated value:
$5,575,000
13,386 sqft 9.98 AC lot
View details
4878 Stewart Ave
APARTMENT HOUSE (5+ UNITS)

4878 Stewart Ave, White Bear Lake, MN 55110-2843

Estimated value:
$285,000
5,040 sqft 0.33 AC lot
View details
4890 Morehead Ave
APARTMENT HOUSE (5+ UNITS)

4890 Morehead Ave, White Bear Lake, MN 55110-2832

Estimated value:
$255,000
3,600 sqft 0.16 AC lot
View details
3637 Bellaire Ave
APARTMENT HOUSE (5+ UNITS)

3637 Bellaire Ave, White Bear Lake, MN 55110-4975

Estimated value:
$825,000
19,800 sqft 1.24 AC lot
View details
3900 Linden St
APARTMENT HOUSE (5+ UNITS)

3900 Linden St, White Bear Lake, MN 55110-5500

Estimated value:
$2,935,000
32,352 sqft 2.64 AC lot
View details
1821 Cedar Ave
APARTMENT HOUSE (5+ UNITS)

1821 Cedar Ave, White Bear Lake, MN 55110-4286

Estimated value:
$4,050,000
46,494 sqft 2.50 AC lot
View details
3533 Willow Ave
APARTMENT HOUSE (5+ UNITS)

3533 Willow Ave, White Bear Lake, MN 55110-5392

Estimated value:
$11,320,000
134,280 sqft 4.00 AC lot
View details
3139 Mcknight N Rd
APARTMENT HOUSE (100+ UNITS)

3139 Mcknight N Rd, White Bear Lake, MN 55110-7531

Estimated value:
$9,550,000
116,316 sqft 8.70 AC lot
View details
3900 Hoffman Rd
APARTMENT HOUSE (5+ UNITS)

3900 Hoffman Rd, White Bear Lake, MN 55110-4659

Estimated value:
$5,655,000
70,140 sqft 4.34 AC lot
View details
3731 Highland Ave
APARTMENT HOUSE (5+ UNITS)

3731 Highland Ave, White Bear Lake, MN 55110-7340

Estimated value:
$3,470,000
40,320 sqft 3.82 AC lot
View details
2095 Dotte Dr
APARTMENT HOUSE (5+ UNITS)

2095 Dotte Dr, White Bear Lake, MN 55110-4372

Estimated value:
$5,770,000
68,616 sqft 3.50 AC lot
View details
4800 Division Ave
APARTMENT HOUSE (5+ UNITS)

4800 Division Ave, White Bear Lake, MN 55110-5942

Estimated value:
$9,185,000
98,626 sqft 2.19 AC lot
View details
4770 Centerville Rd
APARTMENT HOUSE (100+ UNITS)

4770 Centerville Rd, White Bear Lake, MN 55127-2335

Estimated value:
$10,485,000
106,400 sqft 18.28 AC lot
View details
4852 Birch Lk Cir
APARTMENT HOUSE (100+ UNITS)

4852 Birch Lk Cir, White Bear Lake, MN 55110-6714

Estimated value:
$10,950,000
112,320 sqft 17.11 AC lot
View details
1700 4th St
APARTMENT HOUSE (5+ UNITS)

1700 4th St, White Bear Lake, MN 55110-3189

Estimated value:
$3,090,000
30,573 sqft 6.21 AC lot
View details
2048 County Rd F E F
APARTMENT HOUSE (5+ UNITS)

2048 County Rd F E F, White Bear Lake, MN 55110-3833

Estimated value:
$1,140,000
11,130 sqft 1.82 AC lot
View details

White Bear Lake, MN Residential Income Properties Market Trends and Statistics

Explore 24 residential income properties for sale in White Bear Lake, MN on our real estate platform. These investment opportunities span a total of 5,300 square feet of properties for sale, with an estimated market value of $899,000.

Sale prices for residential income properties in White Bear Lake, MN average $899,000 — 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 2
Apartment buildings 1

Demographics Overview

Population 65K
Population Growth (5Y) -3.0%
Median Household Income $106,748
College Educated 74.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Saint Paul - 55127 $899K

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