Under $500K Investment Properties for Sale in Calumet, MN
225- 3 Bed
- 1 Bath
- 2420 sft
479- - Bed
- - Bath
- 2308 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
172- 3 Bed
- 3 Bath
- 1900 sft
-- 3 Bed
- 1 Bath
- 2157 sft
133- 3 Bed
- 2 Bath
- 1296 sft
- 1 Bed
- 1 Bath
- 568 sft
167- - Bed
- - Bath
- 640 sft
419- 4 Bed
- 3 Bath
- 2760 sft
172- 3 Bed
- 2 Bath
- 1216 sft
- 1 Bed
- 1 Bath
- 700 sft
160- 3 Bed
- 2 Bath
- 1244 sft
129- 3 Bed
- 2 Bath
- 1296 sft
156- 2 Bed
- 1 Bath
- 880 sft
306- 1 Bed
- 1 Bath
- 224 sft
129- 1 Bed
- - Bath
- 1440 sft
174- 2 Bed
- 1 Bath
- - sft
- - Bed
- 1 Bath
- 435 sft
170- 4 Bed
- 2 Bath
- 1615 sft
134- 3 Bed
- 2 Bath
- 1148 sft
159- 2 Bed
- 1 Bath
- 1056 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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