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Waseca, MN Multifamily Homes & Duplexes for Sale

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    $219,900

    • 4 Beds
    • 4 Baths
    • 1,544 Sq Ft

    601 2nd Ave NW, Waseca, MN 56093

    Excellent Investment Opportunity – 4-Plex with Strong Rental Potential Unlock consistent cash flow with this well-maintained 4-plex featuring four spacious 1-bedroom, 1-bath units. Each unit offers functional layouts, full kitchens, and comfortable living spaces—ideal for attracting long-term tenants. Recent updates include a newer roof and siding, reducing future maintenance costs and adding

    Chuck Huebl Waseca Realty

    601 2nd Ave NW, Waseca, MN 56093
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    $95,000

    • 2 Beds
    • 2 Baths
    • 5,418 Sq Ft

    13198 290 Ave, Waseca, MN 56093

    Step back in time and unlock the potential of this historic brick building in the heart of Otisco – once home to the town’s beloved grocery store. Offering over 5,400 square feet, this property is bursting with opportunity for investors, renovators, or anyone dreaming of creating something truly one-of-a-kind. ?? Key Features: • Solid historic brick exterior full of character • Formerly a grocery

    Chuck Huebl Waseca Realty

    13198 290 Ave, Waseca, MN 56093
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    $299,900

    • 4 Beds
    • 4 Baths
    • 2,898 Sq Ft

    621 Elm Ave E, Waseca, MN 56093

    Perfect investment opportunity with this fully occupied 4-plex available now! Property features four one bedroom units, two on the main level and two on the upper level. Rents currently vary between $640-$765 per unit and three of the tenants are each using a garage stall. One tenant also helps with some of the maintenance. Schedule your showing today!

    Deb Schmidt Help-U-Sell Heritage Real Est.

    621 Elm Ave E, Waseca, MN 56093

Why Live in Waseca

Waseca, MN, situated between Clear and Loon lakes, offers a waterfront lifestyle on the southern outskirts of Minneapolis. Established in 1881, Waseca has evolved from an agricultural hub to a community supported by the manufacturing and healthcare industries, with major employers like the Mayo Clinic Health System and Cinch Connectivity Solutions. Home to over 9,000 residents, Waseca features a strong community atmosphere, with local highlights including the family-owned Boat House Grill & Bar and the annual 4th of July Waseca Lakefest. The city maintains 15 parks and over 200 acres of green spaces, with Clear Lake Park being a primary gathering spot offering playgrounds, sports facilities, and a summer concert series. Housing options in Waseca are diverse, ranging from single-story ranch-styles to multi-family condos and expansive properties on multiple acres. The real estate market is competitive, with homes priced significantly lower than the national median. Waseca Public School District, serving over 1,700 students, is highly rated, and the city is well-connected via Highway 13, U.S. Route 14, and U.S. Interstate 35. Local shopping and dining options are plentiful, with a mix of national retailers and locally owned boutiques and eateries. The city's crime rates are lower than the national average, contributing to its appeal as a safe place to live.

Home Trends in Waseca, MN

Housing Trends

Median Sale Price
$239,900
Median Single Family Sale Price
$239,900
Average Price Per Sq Ft
$126
Number of Homes for Sale
1
Last 12 months Home Sales
38
Months of Supply
0.30
Median List Price
$246,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-9%
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