Multi Family Investment Properties for Sale in Grand Marais, MN


246- 2 Bed
- 2 Bath
- 1210 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 Grand Marais, Minnesota?
Investing in multi-family properties in Grand Marais, MN offers unique opportunities in a growing regional market. The area features a solid average ROI of 7.8%, supported by a rental yield near 6.5%. Cap rates remain favorable at around 6.9%, making it attractive for investors seeking consistent cash flow. With average rent levels stable and a renter-occupied rate of 52%, multi-family investments reflect the demand in this lakeside community. Appreciation trends show steady growth, reflecting regional economic stability.
Frequently Asked Questions
The average ROI for multi-family properties in Grand Marais is approximately 7.8%, reflecting steady rental demand and moderate property appreciation.
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