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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Cloquet, MN

$ 200,000
ROI
28.4
Cash Flow/m
479- 4 Bed
- 2 Bath
- 1234 sft
1111 Avenue F, Cloquet, MN, 55720

$ 225,000
ROI
35.2
Cash Flow/m
965- 5 Bed
- 2 Bath
- 2541 sft
109 3rd St, Cloquet, MN, 55720

$ 370,000
ROI
20.5
Cash Flow/m
74- 2 Bed
- 2 Bath
- 1398 sft
609 Adams St, Cloquet, MN, 55720

$ 350,000
ROI
21.6
Cash Flow/m
184- 4 Bed
- 2 Bath
- 1775 sft
1504 Sahlman Ave, Cloquet, MN, 55720
Why Invest in Cloquet, Minnesota?
Investing in multi-family properties in Cloquet, MN offers opportunities to benefit from stable rental demand driven by the local community and nearby industries. With an average ROI of 7%, investors can expect solid cash flow supported by a cap rate of around 6%. Rental yields remain attractive due to average rents near $900 per unit and steady appreciation rates of about 2%. Cloquet's renter-occupied percentage of 55% emphasizes the ongoing need for quality rental housing in this area.
7%
Avg. ROI
6.5%
Rental Yield
6%
Cap Rate
$700/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for multi-family properties in Cloquet is approximately 6.5%, reflecting steady rental demand and balanced market dynamics.
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