Under $200K Investment Properties for Sale in Lakeville, MN
129- 3 Bed
- 2 Bath
- 1296 sft
131- 3 Bed
- 2 Bath
- - sft
148- 3 Bed
- 2 Bath
- - sft
182- 3 Bed
- 2 Bath
- - sft
Why Invest in Lakeville, Minnesota?
Lakeville, Minnesota offers affordable entry points under $200k in a growing suburban market with strong employment fundamentals. The city benefits from proximity to the Twin Cities metro, with a population of approximately 55,739 and 13,727 local jobs. Properties under $200k represent land and modest single-family homes with potential for appreciation as the region continues to develop. Investors can capitalize on the area's low walkability (Walk Score of 14) driving demand for car-dependent suburban housing, while median rents and cap rates remain competitive for cash flow strategies.
Frequently Asked Questions
Properties under $200k in Lakeville primarily consist of land parcels (ranging from 0.1 to 2.1 acres) and modest single-family homes. A limited number of condos and townhouses are available at this price point. Most listings are land for development or entry-level residential properties.
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