Fix And Flip Investment Properties for Sale in Lutsen, MN


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 Lutsen, Minnesota?
Investing in fix and flip properties in Lutsen, MN offers a unique opportunity to benefit from the area's growing rental demand and appreciation potential. The local market shows an average ROI of 8%, with rental yields around 6%, making it attractive for investors. Cap rates of roughly 7% combined with average cash flow of $800 per month underscore the profitability in this market. The average rent stands at $1,100, reflecting a healthy renter-occupied rate of 58%. Lutsen's appreciation rate of 3.5% adds further appeal for fix and flip investors.
Frequently Asked Questions
The average ROI for fix and flip properties in Lutsen is around 8%, reflecting steady market conditions and good rental demand.
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