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    Windom, MN
    Residential Income

    Windom, MN Residential Income Properties for Sale

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    Bingham Lake, MN Jackson, MN Mountain Lake, MN Heron Lake, MN Okabena, MN Westbrook, MN Butterfield, MN Lamberton, MN
    Converted Motel Apartment Community
    Updated: May 15
    Converted Motel Apartment Community

    1955 FIRST AVE N, Windom, MN 56101

    Contact for pricing
    27,332 sqft
    Converted motel into a 3‑building affordable apartment community with 37 apartment units
    Built in 2000 and extensively renovated in 2020, including updated kitchens, bathrooms, and vinyl plank flooring throughout
    On‑site amenities include leasing office, laundry facility, and dedicated mail room
    Includes 10 detached garages and 4 storage lockers for resident storage and parking
    Existing property tax abatement in place to support cash flow
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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 10 Potential Opportunities for your consideration. Besides 1 Active listings in Windom, 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.

    Four-Unit Quadplex with Garages
    Four-Unit Quadplex with Garages

    202 N Cass Avenue, Springfield, MN 56087

    $252,000
    4,900 sqft 0.34 AC lot

    Brick apartment property with detached garages, forced-air heating, and all units leased.

    View details
    Hotel Property with Manager Suite
    Hotel Property with Manager Suite

    1923 Dover St, Worthington, MN 56187

    $899,000
    2,921 sqft

    Three-building hospitality property with 36 furnished rooms and an attached office.

    View details
    Residential Income Property with Garage
    Residential Income Property with Garage

    202 N Cass Avenue, Springfield, MN 56087

    $252,000
    4,900 sqft

    The property includes a parking lot, garage, and forced-air heating.

    View details
    Duplex with Separate Entrances
    Duplex with Separate Entrances

    1543 Dover St, Worthington, MN 56187

    $169,900
    1,350 sqft

    Two-unit property with separately metered utilities and tenant-paid gas, electric, water, and trash.

    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 Lot in Growing Neighborhood
    Residential Lot in Growing Neighborhood

    1970 Norway Avenue, Windom, MN 56101

    $43,900
    0.76 AC lot

    Spacious lot near schools and parks, ideal for building.

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    Residential Land Near School, Parks
    Residential Land Near School, Parks

    6th Crn 17th St/6th Avenue, Windom, MN 56101

    Contact for pricing
    1.00 AC lot

    One-acre residential land near school and parks in Windom, MN.

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    Residential Land at Cottonwood Lake
    Residential Land at Cottonwood Lake

    4 Cottonwood Lake Boulevard, Windom, MN 56101

    $180,000
    0.43 AC lot

    Homesite at Cottonwood Lake near parks, trails, schools, and shops.

    View details
    Residential Land Near Cottonwood Lake
    Residential Land Near Cottonwood Lake

    10 Cottonwood Lake Boulevard, Windom, MN 56101

    $150,000
    0.41 AC lot

    Homesite near Cottonwood Lake with access to amenities.

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    Off-Market Properties in Windom, MN

    Consider similar Off-Market properties in Windom, 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.

    1685 Redding Ave
    Multifamily properties

    1685 Redding Ave, Windom, MN 56101

    Value Estimation by Request
    56,019 sqft 1.88 AC lot
    View details

    Windom, MN Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Windom, MN on our real estate platform. These investment opportunities span a total of 27,332 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 6,081
    Population Growth (5Y) +3.3%
    Median Household Income $71,354
    College Educated 31.2%

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Property Tax per SF $34.49 per SF
    Tax Rate vs County Average 0.34 pp above county avg
    Average Loan-to-Value 65.0%

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