lakeville Homes with Apartments/Multi Family Style

Welcome to Lakeville, Minnesota, a charming city that beautifully blends suburban tranquility with vibrant community life. Nestled just south of the Twin Cities, Lakeville boasts a rich tapestry of parks, lakes, and recreational activities, making it an ideal place for families and individuals alike. With its stunning natural landscapes and a strong sense of community, Lakeville is not just a place to live; it’s a place to thrive.

One of the standout features of Lakeville is its diverse housing market, particularly the availability of homes with apartments or multi-family styles. These properties offer a unique opportunity for both homeowners and investors. Imagine living in a spacious home while benefiting from the additional income generated by renting out an attached apartment. This arrangement not only helps offset mortgage costs but also provides a sense of community, as you can share your space with tenants while maintaining your privacy.

Lakeville’s multi-family homes are designed to cater to a variety of lifestyles. Whether you’re looking for a cozy duplex, a charming triplex, or a larger multi-unit building, you’ll find options that suit your needs and preferences. The city’s commitment to quality living is evident in its well-maintained neighborhoods and access to excellent schools, parks, and shopping areas.

With its picturesque surroundings, robust amenities, and a welcoming atmosphere, Lakeville is the perfect place to call home. Explore the possibilities of multi-family living in this thriving community, and discover how you can make the most of your investment while enjoying everything Lakeville has to offer!

Newest lakeville Homes with Apartments/Multi Family Style

$649,900

8 Beds ⋅ 4 Baths ⋅ 7101999 MLS

Completely remodeled from top to bottom, this turnkey 4-plex is an outstanding investment opportunity in the heart of Rochester! Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer searching for a low-maintenance income property, this one checks all the boxes. Every major component has been updated with quality and longevity in mind, including new plumbing, electrical, boiler system, water heater, kitchens, bathrooms, and much more. All renovations were completed with the proper permits and have received occupancy approval from the City, giving buyers added confidence and peace of mind. The property features four fully occupied 2-bedroom, 1-bath units, each thoughtfully designed with its own in-unit laundry. Every apartment is served by efficient boiler heat while also offering the comfort and flexibility of an individual mini-split system with both air conditioning and heat pump functionality. Electric is individually metered, making utility management simple and efficient. Located just minutes from everything Rochester has to offer—including world-class healthcare, dining, shopping, entertainment, parks, and major employers—this property combines a prime location with extensive improvements and reliable rental income. Opportunities to purchase a fully renovated, fully occupied multifamily property of this caliber are few and far between. Schedule your showing today and see why this investment stands out from the rest!

317 14th Street SW, Rochester

Listing courtesy of Harbor Realty & Management Gro.

$99,900

1 Beds ⋅ 1 Baths ⋅ 7071038 MLS

Commercial opportunity in the heart of downtown Spring Valley! This versatile property features a well-maintained office space on the main level with excellent functionality for a variety of business uses. The commercial area includes a private office, a larger conference-style workspace, bathroom, washer/dryer, and access to a rear deck. Upstairs, you’ll find a charming 1 bedroom, 1 bathroom apartment with a tenant already in place through April 2027, offering immediate rental income potential. Conveniently located downtown and not located in the flood zone, this property presents a great opportunity for investors or owner-occupants looking for commercial space with additional income.

115 N Broadway Street, Spring Valley

Listing courtesy of Property Brokers of Minnesota.

$450,000

7 Beds ⋅ 5 Baths ⋅ 7071109 MLS

Excellent opportunity to own a fully occupied 5-unit multifamily property in a growing area with strong rental demand and long-term upside potential. This income-producing asset has a proven history of full occupancy and consistent cash flow, making it an attractive option for both seasoned investors and those looking to expand their portfolio. With rents continuing to rise in the area, there is additional opportunity for increased returns over time. The property offers a solid investment foundation with stable tenants already in place and immediate income from day one. For developers, this lot is approved to build a 19 unit complex by the city. Conveniently located near area amenities, employment opportunities, and continued community growth, this is a great chance to secure a turnkey multifamily investment in an expanding market.

123 11th Avenue SE, Rochester

Listing courtesy of Harbor Realty & Management Gro.

$159,850

1 Baths ⋅ 7022985 MLS

You will love owning a piece of history in this Old Town Oronoco Bedroom community! The original home to the Antique Gold Rush & only 5 minutes to Rochester, with so many uses for this Large Wearhouse style property! There are old fashioned tin ceilings & mouldings with 10-12 ft ceilings on the main floor, some hardwood flooring also. This property years ago was the cafe in town. There's been living quarters in the lower level with a bedroom and a bathroom currently located in the lower level. The main floor interior has been taken down to the studs, but still has insulation & is ready for your own unique touches!

10 Minnesota Avenue S, Oronoco

Listing courtesy of Amy'sFire Realty, LLC..

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