Multi Family Investment Properties for Sale in Lake City, MN
46- 6 Bed
- 5 Bath
- 4176 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
143- 1 Bed
- 1 Bath
- 1016 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
172- 3 Bed
- 3 Bath
- 1900 sft
-- 3 Bed
- 1 Bath
- 2157 sft
133- 3 Bed
- 2 Bath
- 1296 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
Why Invest in Lake City, Minnesota?
Investing in multi-family properties in Lake City, MN offers unique opportunities with stable rental demand and growing appreciation trends. The average ROI here stands at a solid 7.5%, supported by a rental yield of 6.3% and an average cap rate of 5.8%. Investors can expect an average cash flow of $1,200 per unit and average rent around $1,100 per month. Lake City benefits from a renter occupancy rate of approximately 93%, signaling a healthy rental market for multifamily housing. These metrics indicate a promising environment for long-term real estate investment in this scenic Minnesota city.
Frequently Asked Questions
The average ROI for multi-family properties in Lake City is approximately 7.5%, reflecting stable rental income and moderate property appreciation.
Find Your Perfect Investment Property in Lake City, Minnesota
Explore investment opportunities by strategy, performance, or property type
