- $1,999,000
- 9.68% Cap Rate
- 24,000 SF Apartment Building
- Iconic downtown Saint Peter mixed-use asset with 16 apartments, retail/office commercial units, and row homes delivering upside and an 8.6% pro forma cap rate.
Blue Listings from CoStar are offered to broker professionals like you. Blue pins are NOT shown to the millions of regular LoopNet users.
The following listings have unknown addresses
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- $699,900
- 10.13% Cap Rate
- 13,376 SF Apartment Building
- Cash-flowing mixed-use asset with commercial tenants on long-term leases and residential units with autonomous residents contributing to a robust ROI.
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Frequently Asked Questions About Multifamily Properties in Minnesota
Does LoopNet have duplexes for sale in Minnesota?
Yes. LoopNet features duplexes for sale in Minnesota, including income-producing properties and value-add opportunities. Duplexes are often considered an entry point into multifamily investing because they provide rental income with lower capital requirements than larger apartment buildings.
What are the benefits of investing in a triplex?
Triplexes can offer stronger income diversification than duplexes while still remaining small enough for hands-on management. For investors seeking to scale gradually, triplex properties in Minnesota can bridge the gap between small residential rentals and larger multifamily buildings.
What should I analyze before buying a fourplex?
Investors should review rent roll stability, operating expenses, property condition, local rental demand, and financing structure. Because fourplexes in Minnesota operate more like small commercial assets, underwriting discipline becomes more important at this level.
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