Multi Family Investment Properties for Sale in Fairmont, MN
$ 174,900
ROI
32.9
Cash Flow/m
639- 3 Bed
- 3 Bath
- 3360 sft
407 E 6th St, Fairmont, MN, 56031
$ 109,900
ROI
33.5Cash Flow/m
420- 4 Bed
- 2 Bath
- 1696 sft
508 S Prairie Ave, Fairmont, MN, 56031
$ 125,000
ROI
37.2Cash Flow/m
607- 4 Bed
- 2 Bath
- 1792 sft
1215 Webster St, Fairmont, MN, 56031
Rental Income
$ 150,000
ROI
32.5Cash Flow/m
530- 5 Bed
- 3 Bath
- 4320 sft
609 E 4th St, Fairmont, MN, 56031
Why Invest in Fairmont, Minnesota?
Investing in multi-family properties in Fairmont, MN offers promising opportunities with an average ROI of 6.5%. The rental yield stands at a healthy 7.1%, supported by stable renter occupancy rates near 90%. Cap rates for multi-family units typically hover around 6%, while investors can expect a steady average cash flow. Appreciation rates have been moderate, around 2.5%, reflecting the area's steady economic growth.
6.5%
Avg. ROI
7.1%
Rental Yield
6%
Cap Rate
$550/mo
Avg. Cash Flow
$950/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for multi-family properties in Fairmont is approximately 6.5%, reflecting steady rental demand and stable property values.
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