Under $500K Investment Properties for Sale in Calumet, MN
244- 4 Bed
- 2 Bath
- 1067 sft
190- 3 Bed
- 1 Bath
- 2420 sft
479- - Bed
- - Bath
- 2308 sft
161- 2 Bed
- 1 Bath
- 1524 sft
- 1 Bed
- 1 Bath
- 600 sft
129- 3 Bed
- 1 Bath
- 3383 sft
146- 3 Bed
- 2 Bath
- 2017 sft
133- 3 Bed
- 1 Bath
- 1350 sft
154- 2 Bed
- 1 Bath
- 1024 sft
- 1 Bed
- 1 Bath
- 707 sft
174- 3 Bed
- 1 Bath
- 1535 sft
-- 2 Bed
- 1 Bath
- 672 sft
132- 2 Bed
- 1 Bath
- 964 sft
372- 2 Bed
- 2 Bath
- 1357 sft
- 1 Bed
- 1 Bath
- 735 sft
- 1 Bed
- 1 Bath
- 668 sft
154- 3 Bed
- 1 Bath
- 2252 sft
- 3 Bed
- 3 Bath
- 2316 sft
174- 2 Bed
- 1 Bath
- 796 sft
179- 3 Bed
- 1 Bath
- 815 sft
127- 3 Bed
- 2 Bath
- 2694 sft
174- 3 Bed
- 1 Bath
- 1684 sft
180- 2 Bed
- 2 Bath
- 1330 sft
- 1 Bed
- 1 Bath
- 650 sft
-- 3 Bed
- 2 Bath
- 1358 sft
151- 3 Bed
- 2 Bath
- 1456 sft
151- 3 Bed
- 1 Bath
- 680 sft
Why Invest in Calumet, Minnesota?
Investing in Calumet, MN properties under $500k offers a unique opportunity in a small but growing Minnesota city. The local housing market shows an average rental yield of 7%, with cap rates around 6.5%, indicating strong rental demand and potential cash flow. Appreciation rates average 3.2% annually, reflecting steady long-term growth. The average ROI for under $500k properties aligns well with regional economic trends. These metrics, combined with a renter-occupied rate of 45%, make Calumet a promising choice for investors seeking value in the Upper Midwest.
Frequently Asked Questions
Properties under $500k in Calumet typically include single-family homes and small multifamily units suitable for rental investment. These listings offer affordable entry points for investors targeting the local market.
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