Advertise
    Underwood, MN
    Residential

    Underwood, MN Residential Land & Home Lots for Sale

    Notify Me
    List
    Map
    Battle Lake, MN Dalton, MN Fergus Falls, MN Dent, MN Richville, MN Henning, MN Clitherall, MN Ottertail, MN
    Maine Twp Land with Frontage
    Updated: May 15
    Maine Twp Land with Frontage

    290xx County Highway 35, Underwood, MN 56586

    $149,900
    21.00 AC lot
    Over 2000' of lake and river frontage
    Excellent fishing, duck hunting, and deer hunting opportunities
    River keeps the lake open for late‑season waterfowl hunting
    Mature trees including ancient oaks, tamaracks and willow
    Potential camper spot
    View details
    Wooded Residential Land Parcel
    Updated: Feb 27
    Wooded Residential Land Parcel

    XXXXX German Lake Road, Underwood, MN 56586

    $35,000
    2.92 AC lot
    Nearly 3‑acre wooded parcel just south of Underwood
    Located along German Lake Road for easy access
    Private, natural setting with established trees
    Electricity available
    View details
    Wooded Building Lot Near Underwood
    Wooded Building Lot Near Underwood

    XXXXX Co Hwy 35, Underwood, MN 56586

    $62,000
    6.40 AC lot

    6.4 acre wooded lot perfect for building a home.

    View details
    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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Underwood, 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.

    Waterfront Land with Cabin Teardown
    Waterfront Land with Cabin Teardown

    23676 Veitenheimer Road, Dalton, MN 56324

    $349,900
    19.10 AC lot

    Over 19 acres with 1,186 feet of North Ten Mile Lake shoreline and an on-site 1940s bunkhouse teardown.

    View details
    Rural Residential Development Lot
    Rural Residential Development Lot

    TBD - Lot 12 225th Avenue, Fergus Falls, MN 56537

    $52,000
    2.50 AC lot

    Build a home or outbuildings on a 2.5-acre residential lot with utilities already available.

    View details
    Residential 2.5-Acre Building Lot
    Residential 2.5-Acre Building Lot

    TBD - Lot 11 225th Avenue, Fergus Falls, MN 56537

    $52,000
    2.50 AC lot

    A rural-style lot with utilities available, providing space to build a home and outbuildings near town.

    View details
    LAND - Dalton, MN
    LAND - Dalton, MN

    W Stalker Road lot: 11, Dalton, MN 56324

    $125,000
    1.39 AC lot

    Land · 1.39 Acres

    View details

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

    Explore 3 residential land & home lots for sale in Underwood, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,320,739 square feet of properties for sale, with an estimated market value of $246,900.

    Sale prices for home sites in Underwood, MN start at $35,000, averaging $82,300, and reaching up to $149,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Waterfront Land 3
    Residential land & home lots 3
    Agricultural land / Farmland 1

    Demographics Overview

    Population 1,798
    Population Growth (5Y) -6.7%
    Median Household Income $82,333
    College Educated 34.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56586 $82.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.80%
    Property Tax per SF $14.83 per SF
    Tax Rate vs County Average 0.47 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Otter Tail County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Underwood, MN

    Most Searched ZIP Codes in Underwood, MN

    • 56586

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!