Multi Family Investment Properties for Sale in Cass Lake, MN
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 Cass Lake, Minnesota?
Investing in multi-family properties in Cass Lake, MN offers a unique opportunity to benefit from stable rental yields and moderate appreciation in a small city setting. Recent data shows an average ROI of around 7%, with rental yields near 6%, making it attractive for investors seeking steady cash flow. The cap rate for multi-family units remains competitive at about 6.5%, supported by a renter-occupied rate of approximately 55%. Cass Lake's average rent levels provide affordable options, enhancing tenant demand and occupancy rates. With local economic growth and small-city community appeal, this market balances risk and reward effectively.
Frequently Asked Questions
The average ROI for multi-family properties in Cass Lake is approximately 7%, reflecting stable rental demand and moderate property appreciation.
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