Detroit Lakes MN Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
6529540
Subdivision:
Frazee & Holmes Add

ADDITIONAL INFORMATION

Great investment opportunity located conveniently in the heart of Detroit Lakes just blocks away from public beach access along W Lake Dr.

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.




Detroit Lakes Real Estate

The median home value in Detroit Lakes, MN is $345,000. This is higher than the county median home value of $325,100. The national median home value is $338,100. The average price of homes sold in Detroit Lakes, MN is $345,000. Approximately 51.82% of Detroit Lakes homes are owned, compared to 31.77% rented, while 16.41% are vacant. Detroit Lakes real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit Lakes real estate agent to arrange a tour today!

Detroit Lakes, Minnesota has a population of 9,717. Detroit Lakes is less family-centric than the surrounding county with 25.03% of the households containing married families with children. The county average for households married with children is 29.17%.

The median household income in Detroit Lakes, Minnesota is $57,229. The median household income for the surrounding county is $64,296 compared to the national median of $69,021. The median age of people living in Detroit Lakes is 41 years.

Detroit Lakes Weather

The average high temperature in July is 80.5 degrees, with an average low temperature in January of -3.3 degrees. The average rainfall is approximately 26.7 inches per year, with 47 inches of snow per year.

Detroit Lakes Real Estate Market Conditions

  • Median sales price

    $345,000
    13.6% change since last quarter
  • # Active listings

    174
    30-day change

Detroit Lakes Schools and Demographics

Education near Detroit Lakes, MN

Metric City County
High School Graduates 92.67 92.93
College Degree - 2 year 13.31 14.67
College Degree - 4 year 29.74 25.81
Graduate Degree 6.78 5.29
Expenditures per Student 19,629 19,629
Students per Teacher 13.7 13.7

Elementary Schools near Detroit Lakes, MN

School Grades Students P/T Ratio ZIP
Frazee Elementary School PK - 06 503 13 56544
Lake Park Audubon Elementary School PK - 06 387 13.8 56511
Lincoln Early Childhood Ed. Center PK - PK 88 44 56501
Ogema Elementary School PK - 04 188 8.6 56569
Roosevelt Elementary School PK - 04 623 14.2 56501
Rossman Elementary School PK - 05 582 15.1 56501

Middle Schools near Detroit Lakes, MN

School Grades Students P/T Ratio ZIP
Detroit Lakes Middle School 05 - 08 797 17.6 56501

High Schools near Detroit Lakes, MN

School Grades Students P/T Ratio ZIP
Detroit Lakes Senior High School 09 - 12 838 16.3 56501
Frazee Secondary School 07 - 12 406 14.3 56544
Lake Park Audubon Secondary School 07 - 12 298 13 56554

Ungraded Schools near Detroit Lakes, MN

School Grades Students P/T Ratio ZIP
* Afterschool Program 09 - 12 0 56501
* Detroit Lakes Alternative Program 09 - 12 58 18.3 56501
* Detroit Lakes Area Learning Center 09 - 12 2 0.3 56501
* HS Culture Club 09 - 12 1 56501
* HS Extended Year Program 09 - 12 0 56501
Drake Residential Treatment Center 06 - 12 6 6.1 56501
Lake Agassiz Special Ed. Coop. PK - PK 48 12.7 56511

Demographics near Detroit Lakes, MN

Metric City County
Neighborhood Type Small Town
Population 9,717 34,995
Population Density 874 27
Median Age 41 42.3
People per Household 2.3 2.5
Median Household Income 57,229 64,296
Average Income per Capita 40,887 35,748