Stearns Homes with Apartments/Multi Family Style

Welcome to Stearns County, Minnesota, where charming small-town vibes meet the scenic beauty of the Midwest! Nestled in the heart of Central Minnesota, Stearns County is a vibrant community known for its rich agricultural heritage, picturesque landscapes, and a warm, welcoming atmosphere. With a population that values both tradition and progress, this county is a fantastic place to call home.

Stearns County boasts a diverse array of housing options, including homes with apartments and multi-family styles that cater to various lifestyles and needs. Whether you're a first-time homebuyer, an investor seeking rental opportunities, or a family looking for a spacious abode, you'll find a variety of properties that fit your criteria. These homes often feature unique layouts, allowing for comfortable living spaces alongside potential income-generating apartments. Imagine the convenience of having a rental unit right in your backyard, providing extra income while maintaining your privacy.

The county is not just about homes; it’s about community. With numerous parks, lakes, and recreational facilities, residents enjoy a plethora of outdoor activities year-round. The local economy is thriving, supported by a mix of agriculture, education, and healthcare sectors. Families appreciate the strong school systems and community events that foster a sense of belonging.

Explore the possibilities that await you in Stearns County, where you can find your dream home with the added benefit of multi-family living. Embrace the charm of this beautiful area and make it your own today!

Newest Stearns Homes with Apartments/Multi Family Style

$439,900

6 Beds ⋅ 6 Baths ⋅ 7115454 MLS

Great investment opportunity to own a six-unit multifamily building situated on a spacious corner lot in Kimball. Each of the six units features one bedroom and one bathroom and is separately metered for gas and electricity. Tenants provide their own window air conditioning units, and one unit includes a private porch. The property also offers a concrete front patio, two detached single-car garages for additional storage, and ample off-street parking for tenants. The unfinished basement presents an excellent opportunity to add shared laundry facilities or finish the space to further enhance the property's value and income potential.

81 Linden Avenue W, Kimball

Listing courtesy of eXp Realty.

$2,590,000

4 Beds ⋅ 7112424 MLS

Well-maintained 28-unit multifamily investment opportunity consisting of three apartment buildings in St. Cloud, Minnesota. The property offers strong in-place cash flow with a 9.1% in-place cap rate while boasting full occupancy. Ownership has completed extensive capital improvements including major boiler component upgrades, roof replacements (2010 and 2017), flooring, appliances, and common area improvements. Tenants pay separately metered electricity and internet while ownership pays gas, water/sewer, trash, and common utilities. On-site laundry, ample surface parking, and proximity to St. Cloud State University and downtown St. Cloud make this an attractive long-term investment opportunity.

1416 6th Avenue S, Saint Cloud

Listing courtesy of RIC Property Management, Inc..

$799,900

7085036 MLS

Exceptional investment opportunity in a highly desirable St. Cloud location! This fully-occupied 9-unit apartment building offers a rare combination of size, rental appeal, and income potential. Featuring eight 4-bedroom, 2-bath units and one 3-bedroom, 2-bath unit, the property is ideally suited for student housing or tenants seeking spacious living accommodations. Located adjacent to Haws Park and within walking distance of the Herb Brooks National Hockey Center, this property benefits from strong rental demand driven by its proximity to local colleges, downtown amenities, dining, entertainment, and public transportation. Generous unit layouts, ample bedroom counts, and convenient access to everyday necessities make this a standout addition to any investment portfolio. A prime opportunity to own a high-capacity rental property in a sought-after location with additional income potential from the on-site coin-operated laundry per floor, while off-street parking adds tenant appeal. A strong addition to any investment portfolio with a highly desirable rental location. Property must be sold as a package with neighboring 1116 7th Ave S. (MLS #7085128).

626 11th Street S, Saint Cloud

Listing courtesy of Coldwell Banker Realty.

$564,900

7085202 MLS

Investment opportunity in a prime St. Cloud location! This well-maintained and fully-occupied 6-plex features spacious 4-bedroom units, each with separate electric meters, offering convenience and simplified utility management. Ideally situated near Lake George, SCSU, and Herb Brooks National Hockey Center, this property is perfectly positioned to attract college student renters and those seeking easy access to downtown amenities, dining, entertainment, and public transit. Additional income potential comes from the on-site coin-operated laundry, while off-street parking adds tenant appeal. A strong addition to any investment portfolio with a highly desirable rental location. New roof in 2017!

711 8th Avenue S, Saint Cloud

Listing courtesy of Coldwell Banker Realty.

$1,949,900

7084628 MLS

Exceptional investment opportunity in a highly desirable St. Cloud location! This 25-unit apartment building offers a rare combination of size, rental appeal, and income potential. Featuring 17 two-bedroom units, 6 three-bedroom units, and one 1-bedroom unit in addition to 1 efficiency, this property is ideally suited for student housing or tenants seeking spacious living accommodations. Located adjacent to Haws Park and within walking distance of the Herb Brooks National Hockey Center, this property benefits from strong rental demand driven by its proximity to local colleges, downtown amenities, dining, entertainment, and public transportation. Generous unit layouts (including the popular primary suites with it's own 3/4 bath & walk-in closet), ample bedroom counts - many with double closets, and convenient access to everyday necessities make this a standout addition to any investment portfolio. A prime opportunity to own a high-capacity rental property in a sought-after location with proven tenant appeal. New roof and siding in 2019!

1111 7th Avenue S, Saint Cloud

Listing courtesy of Coldwell Banker Realty.

$885,000

7041157 MLS

Turnkey 15-unit investment opportunity in a high-demand rental location near St. Cloud State University, Lake George, and downtown amenities. This four-level building consists entirely of 1-bedroom, 1-bath units—an efficient unit mix that supports strong occupancy and consistent cash flow. Designed for ease of ownership, the property features a low-maintenance stucco exterior, on-site laundry for additional income potential, off-street paved parking, new shingles (June 2026), and dedicated landlord storage space. Its walkable location and proximity to transit and campus amenities make it highly attractive to tenants, helping minimize vacancy risk. With stable rental demand, value-add potential, and operational efficiencies already in place, this asset presents an excellent opportunity for investors seeking reliable returns and long-term appreciation. Schedule your private tour to explore this income-producing opportunity.

320 7th Avenue S, Saint Cloud

Listing courtesy of Coldwell Banker Realty.

$999,900

7036914 MLS

100% Occupied 16 Unit Apartment Building With Immediate Cash Flow Generating $140,000 in annual gross income on the edge of town surrounded by farm fields, park across the street, and long history of low vacancies only minutes from Cold Spring, I-94 and the large St. Cloud Metro. Only a few vacancies in the past 5 years and immediately filled. Two 1970 brick buildings consisting of 12 - Two Bedroom units averaging $775 in rent with market rents being around $900 and 4 - One Bedroom units averaging $650 in rent with market rents being around $750 per unit. Many recent updates including architectural shingles, vinyl windows, and nearly all units have been updated such as the three units in photos with newer flooring, paint, kitchen, appliances, bathrooms & fixtures. Two new sets of coined washer/dryer for additional income. Hot water boiler heat the owner pays for gas, plus water, sewer, garbage, snow removal and lawn care. Tenants pay for electric heat with 16 separate electric meters and AC units on 60 amp fuses. 6 garage stalls and blacktop parking lot. Annual expenses Include: Insurance $9,365, Taxes $13,950, Garbage $6,500 Water/Sewer $12,000, Electric $3,800, Gas $7,500 This is a rare find and opportunity to own a TURN KEY cash flowing apartment building.

314 County Road 8, Rockville

Listing courtesy of Central MN Realty LLC.

$870,000

7034858 MLS

St. Cloud State Apartment. Two buildings. Each with 6 to 4 bd/ 2 bath units. 12 units total. 16 garages, coin laundry, secured building, adjacent to park with pool. Hockey rink, basketball court.

815-819 13th Street S, Saint Cloud

Listing courtesy of Edina Realty, Inc.

$785,000

24 Beds ⋅ 6 Baths ⋅ 7011452 MLS

Turnkey investment opportunity in St. Cloud! This well-maintained apartment building offers six fully occupied units (leased month-to-month) with spacious four-bedroom layouts (converted from 12 units). Located minutes from Beaver Island Trail, shopping, restaurants, and SCSU attractions—an ideal location for consistent tenant demand. Start earning income day one!

1226 9th Avenue S, Saint Cloud

Listing courtesy of Century 21 First Realty, Inc..

$285,900

2 Beds ⋅ 3 Baths ⋅ 6686312 MLS

Looking to find a small office space to run your business and make income at the same time? This four unit building has office space in the front with four separate offices. (two are currently leased - two remain). The other three units are leased as residential rental units. One suite with full kitchen, bath and laundry. One upper with 1 huge bedroom, bath, living room and main floor Kitchen. Lower level features full lower level with kitchen, game room, laundry, storage and bedroom. Exterior was repainted in 2024.

22 3rd Avenue S, Cold Spring

Listing courtesy of Century 21 First Realty, Inc..

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