Multi Family Investment Properties for Sale in Hibbing, MN


430- 4 Bed
- 2 Bath
- 2694 sft


501- 4 Bed
- 2 Bath
- 2006 sft


138- - Bed
- - Bath
- 640 sft


419- 4 Bed
- 3 Bath
- 2760 sft



- 2 Bed
- 2 Bath
- 1010 sft



- 1 Bed
- 1 Bath
- 624 sft


172- 3 Bed
- 2 Bath
- 1216 sft



- 1 Bed
- 1 Bath
- 700 sft


169- 3 Bed
- 3 Bath
- 1796 sft


160- 3 Bed
- 2 Bath
- 1244 sft


139- 3 Bed
- 2 Bath
- 1552 sft


129- 3 Bed
- 2 Bath
- 1296 sft


306- 1 Bed
- 1 Bath
- 224 sft


163- 1 Bed
- - Bath
- 1440 sft


126- 2 Bed
- 1 Bath
- 864 sft


174- 2 Bed
- 1 Bath
- - sft


10- 1 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


155- 3 Bed
- 2 Bath
- 1456 sft


139- 3 Bed
- 3 Bath
- 2988 sft


159- 1 Bed
- 1 Bath
- 715 sft


128- 3 Bed
- 2 Bath
- 1802 sft


168- 4 Bed
- 2 Bath
- 1120 sft


144- 3 Bed
- 1 Bath
- 2136 sft
Why Invest in Hibbing, Minnesota?
Investing in multi-family properties in Hibbing, MN offers a unique opportunity to capitalize on steady rental demand driven by the city's modest population and local economy. This market boasts a healthy average ROI of 7.2%, with rental yields around 6.5% and cap rates averaging 6%. Investors can expect consistent cash flow with an average monthly rent of $850 and growing appreciation at 2.5%. Hibbing's renter-occupied rate of 56% reflects a balanced rental market, making it an attractive option for multi-family investment.
Frequently Asked Questions
Rental yields for multi-family properties in Hibbing average around 6.5%, reflecting steady rental income relative to property values in the area.
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