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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Owatonna, MN
Rental Income
Listed for sale 4 days ago
$ 229,900
ROI
28.6
Cash Flow/m
567- 4 Bed
- 2 Bath
- 1710 sft
144 E Rose St, Owatonna, MN, 55060
Rental Income
$ 240,000
ROI
29.7Cash Flow/m
661- 6 Bed
- 2 Bath
- 2709 sft
725 S Cedar Ave, Owatonna, MN, 55060
Rental Income
$ 300,000
ROI
23.2Cash Flow/m
287- 4 Bed
- 2 Bath
- 1791 sft
722 16th St SE, Owatonna, MN, 55060
$ 160,000
ROI
36.3Cash Flow/m
738- 3 Bed
- 2 Bath
- 1200 sft
314 E Broadway St, Owatonna, MN, 55060
Why Invest in Owatonna, Minnesota?
Investing in multi-family properties in Owatonna, MN offers stable cash flow and attractive cap rates supported by consistent rental demand. The city's growing economy, with major employers like Viracon and Federated Insurance, fuels rental yield growth. Average ROI remains competitive at around 7%, with appreciation steadily increasing due to limited housing supply. Owatonna’s renter occupancy rates near 65% provide a solid tenant base for real estate investors seeking diversified portfolios.
7.2%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$800/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average ROI for multi-family properties in Owatonna is approximately 7.2%, making it an attractive market for steady cash flow and appreciation.
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