Under $500K Investment Properties for Sale in Brimson, MN


333- 2 Bed
- - Bath
- 1232 sft


233- 2 Bed
- - Bath
- 364 sft


688- 2 Bed
- 1 Bath
- 480 sft


975- - Bed
- - Bath
- - sft
Why Invest in Brimson, Minnesota?
Investing in under $500k properties in Brimson, MN offers access to a unique market with solid appreciation prospects and moderate cap rates. This small community benefits from a rental yield of approximately 6.2%, an average ROI near 8%, and average cash flow around $350 monthly. Brimson’s affordable housing market attracts renter-occupied units close to 45%, indicating steady rental demand. The area's average rent stands at just under $900, making it appealing for investors seeking entry-level opportunities with growth potential.
Frequently Asked Questions
Properties under $500k in Brimson typically range from single-family homes to small multifamily units with prices generally between $200,000 and $500,000, making it accessible for first-time investors.
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