Multi Family Investment Properties for Sale in North Mankato, MN


613- 4 Bed
- 3 Bath
- 2066 sft


192- 6 Bed
- 2 Bath
- 2797 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 North Mankato, Minnesota?
Investing in multi-family properties in North Mankato, MN offers a stable opportunity driven by consistent rental demand and moderate appreciation. Local rental yields average around 7%, with cap rates near 6%, providing solid cash flow potential. The area's renter-occupied rate is steady, reflecting a strong tenant base supported by the nearby educational institutions and regional employers. With an average ROI of approximately 8%, these properties appeal to investors seeking balanced growth and income. Economically, the city benefits from diverse employment sectors and steady population influx, underpinning long-term housing demand.
Frequently Asked Questions
The average cap rate for multi-family properties in North Mankato is approximately 6%, indicating a balanced return on investment for landlords.
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