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    Windom, MN
    Residential Income

    Windom, MN Residential Income Properties for Sale

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

    1955 FIRST AVE N, Windom, MN 56101

    $4,200,000
    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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    Two-Unit Duplex with Garages
    Updated: Apr 13
    Two-Unit Duplex with Garages

    310 8th Street, Windom, MN 56101

    Contact for pricing
    Two‑unit duplex with Unit A (1 bed, 1‑3/4 bath) and Unit B (2 bed, 1 full bath)
    Unit A features large open living and dining areas with windows and sliding doors to the deck
    Unit A includes an eat‑in kitchen near the deck for grilling, plus bedroom access to a walk‑in closet
    Both units include single‑car garages and their own furnace, A/C, and water heater
    Appliances staying: Unit A dishwasher, refrigerator, and washer/dryer; Unit B refrigerator, range, and washer/dryer
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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.

    Triplex Rental Property with Lake Views
    Triplex Rental Property with Lake Views

    41 Dewey Street, Arnolds Park, IA 51331

    $799,000
    0.32 AC lot

    Three distinct rental units, including a long-term tenant, with outdoor gathering space and lake views in Arnolds Park.

    View details
    Duplex with Covered Patio
    Duplex with Covered Patio

    3102 Spruce CT., Spirit Lake, IA 51360

    $419,900
    1,425 sqft 0.18 AC lot

    Duplex featuring an open layout with 9-foot ceilings and a covered patio for outdoor grilling and relaxation.

    View details
    Spirit Lake Eight-Unit Apartment Building
    Spirit Lake Eight-Unit Apartment Building

    1501 Hill Ave, Spirit Lake, IA 51360

    $900,000

    Eight-unit apartment building in downtown Spirit Lake, Iowa.

    View details
    West Lake Okoboji Condo
    West Lake Okoboji Condo

    333 Hwy 71 N 2H, Arnolds Park, IA 51331

    $2,495,000
    2,333 sqft 1.66 AC lot

    New condo with resort-quality amenities on West Lake Okoboji.

    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 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 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 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 3 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, with an estimated market value of $4,200,000.

    Sale prices for residential income properties in Windom, MN average $4,200,000 — 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 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%

    Listings Trend

    New vs delisted commercial listings in Cottonwood County

    New Delisted

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