Residential

Babbitt, MN Residential Land & Home Lots for Sale

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Embarrass, MN Isabella, MN Ely, MN Soudan, MN Tower, MN Hoyt Lakes, MN Aurora, MN Biwabik, MN
LOTS/LAND, Babbitt, MN
Updated: Aug 24
LOTS/LAND, Babbitt, MN

Tract B Hwy 21, Babbitt, MN 55706

$50,000
4.00 AC lot
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LOTS/LAND, Babbitt, MN
Updated: Aug 24
LOTS/LAND, Babbitt, MN

Tract C Hwy 21, Babbitt, MN 55706

$50,000
4.00 AC lot
View details
LOTS/LAND, Babbitt, MN
LOTS/LAND, Babbitt, MN

Tract D Hwy 21, Babbitt, MN 55706

$50,000
4.00 AC lot

Residential land & home lots · 4.00 Acres

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Babbitt, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Waterfront Recreation Lot
Turnkey Waterfront Recreation Lot

2148 Haapala Rd, Ely, MN 55731

$149,000
5.00 AC lot

A ready-to-build 5-acre parcel with cleared site, driveway, private well, power, septic, and water hookups.

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Recreation Land with Highway Access
Recreation Land with Highway Access

135 Highway 135, Tower, MN 55790

$210,000
126.25 AC lot

A 126.25-acre tract with 2,150 feet of Highway 135 frontage and established trails.

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Wooded Waterfront Homesite
Wooded Waterfront Homesite

417 Barrel Road, Ely, MN 55731

$274,500
2.80 AC lot

A private, surveyed 2.8-acre south-shore lot with power at the road, reviewed septic site, and 205 feet of shoreline.

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Land, Tower, MN
Land, Tower, MN

Armstrong Bay Road, Tower, MN 55790

$425,000
3.44 AC lot

Residential land & home lots · 3.44 Acres

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Babbitt, MN Residential Land & Home Lots Market Trends and Statistics

Explore 3 residential land & home lots for sale in Babbitt, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 522,720 square feet of properties for sale, with an estimated market value of $150,000.

Sale prices for home sites in Babbitt, MN average $50,000 — 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

Waterfront Land 1
Recreation land 1

Demographics Overview

Population 1,827
Population Growth (5Y) +13.3%
Median Household Income $60,096
College Educated 30.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55706 $50K

Taxes & Financing

Tax Rate (average for all types) 2.18%
Property Tax per SF $44.35 per SF
Tax Rate vs County Average 0.41 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Louis County

New Delisted

Total CRE Inventory on Market (SF)

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