Under $500K Investment Properties for Sale in Hammond, MN


174- 3 Bed
- 1 Bath
- 1684 sft


121- 6 Bed
- 2 Bath
- 4000 sft


161- 2 Bed
- 1 Bath
- 1524 sft



- 1 Bed
- 1 Bath
- 600 sft


129- 3 Bed
- 1 Bath
- 3383 sft


146- 3 Bed
- 2 Bath
- 2017 sft


133- 3 Bed
- 1 Bath
- 1350 sft


154- 2 Bed
- 1 Bath
- 1024 sft



- 1 Bed
- 1 Bath
- 707 sft


174- 3 Bed
- 1 Bath
- 1535 sft


-- 2 Bed
- 1 Bath
- 672 sft


132- 2 Bed
- 1 Bath
- 964 sft


372- 2 Bed
- 2 Bath
- 1357 sft



- 1 Bed
- 1 Bath
- 735 sft



- 1 Bed
- 1 Bath
- 668 sft


154- 3 Bed
- 1 Bath
- 2252 sft



- 3 Bed
- 3 Bath
- 2316 sft


174- 2 Bed
- 1 Bath
- 796 sft


179- 3 Bed
- 1 Bath
- 815 sft


127- 3 Bed
- 2 Bath
- 2694 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
Why Invest in Hammond, Minnesota?
Investing in Hammond, MN properties priced under $500k offers a strategic opportunity to capitalize on stable rental yields and increasing appreciation rates in a growing Midwestern city. Hammond’s average ROI is competitive with regional markets, supported by an average rental yield of 7.2% and a cap rate around 6.5%. This price segment attracts steady renter occupancy, making it ideal for investors seeking reliable cash flow and long-term growth prospects in affordable real estate assets.
Frequently Asked Questions
Most properties under $500k in Hammond include single-family homes, small multifamily units, and starter condos, suitable for both first-time investors and those targeting steady rental income.
Find Your Perfect Investment Property in Hammond, Minnesota
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