Multi Family Investment Properties for Sale in North Mankato, MN
613- 4 Bed
- 3 Bath
- 2066 sft
192- 6 Bed
- 2 Bath
- 2797 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 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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