Under $200K Investment Properties for Sale in Lake George, MN


270- 2 Bed
- 1 Bath
- 1120 sft


466- - Bed
- - Bath
- - sft


474- - Bed
- - Bath
- - sft


128- 4 Bed
- 1 Bath
- 1206 sft



- 2 Bed
- 1 Bath
- 905 sft


149- - Bed
- - Bath
- - sft


-- - Bed
- - Bath
- 3264 sft



- 1 Bed
- 1 Bath
- 680 sft


173- 2 Bed
- 2 Bath
- 832 sft



- 1 Bed
- 1 Bath
- 637 sft


178- 1 Bed
- 1 Bath
- 952 sft


139- 2 Bed
- 1 Bath
- 792 sft



- 2 Bed
- 2 Bath
- 1121 sft


154- 1 Bed
- 1 Bath
- 672 sft


142- 3 Bed
- 2 Bath
- 1239 sft


154- 2 Bed
- 2 Bath
- 1560 sft


161- 2 Bed
- 1 Bath
- 1524 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



- 1 Bed
- 1 Bath
- 735 sft


174- 3 Bed
- 1 Bath
- 2502 sft
Why Invest in Lake George, Minnesota?
Investing in Lake George, MN with properties under $200k presents a unique opportunity for value-focused real estate investors. The area demonstrates an average ROI of 7.2%, rental yields around 6.5%, and cap rates near 8%, highlighting its profitability. Average cash flows are positive with typical rents around $900 monthly. Appreciating steadily at 3.5% annually, Lake George offers stable returns in a market with 55% renter-occupied units.
Frequently Asked Questions
Properties under $200k in Lake George typically include single-family homes, small multi-family units, and condominiums. These offer good entry points for investors seeking rental income or homebuyers looking for affordable housing.
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