Multi Family Investment Properties for Sale in North Mankato, MN


613- 4 Bed
- 3 Bath
- 2066 sft


192- 6 Bed
- 2 Bath
- 2797 sft


419- 4 Bed
- 3 Bath
- 2760 sft



- 2 Bed
- 2 Bath
- 1010 sft



- 1 Bed
- 1 Bath
- 624 sft


172- 3 Bed
- 2 Bath
- 1216 sft



- 1 Bed
- 1 Bath
- 700 sft


169- 3 Bed
- 3 Bath
- 1796 sft


160- 3 Bed
- 2 Bath
- 1244 sft


139- 3 Bed
- 2 Bath
- 1552 sft


129- 3 Bed
- 2 Bath
- 1296 sft


306- 1 Bed
- 1 Bath
- 224 sft


163- 1 Bed
- - Bath
- 1440 sft


126- 2 Bed
- 1 Bath
- 864 sft


174- 2 Bed
- 1 Bath
- - sft


10- 1 Bed
- 1 Bath
- 435 sft


170- 4 Bed
- 2 Bath
- 1615 sft


134- 3 Bed
- 2 Bath
- 1148 sft

159- 2 Bed
- 1 Bath
- 1056 sft


155- 3 Bed
- 2 Bath
- 1456 sft


139- 3 Bed
- 3 Bath
- 2988 sft


159- 1 Bed
- 1 Bath
- 715 sft


128- 3 Bed
- 2 Bath
- 1802 sft


168- 4 Bed
- 2 Bath
- 1120 sft


144- 3 Bed
- 1 Bath
- 2136 sft


-- 1 Bed
- - Bath
- 240 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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