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    Grand Rapids, MN
    Duplex

    Grand Rapids, MN Duplexes for Sale

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    Duplex With Separate Business Unit
    Updated: Apr 10, 2025
    Duplex With Separate Business Unit

    32969 Laplant Road, Grand Rapids, MN 55744

    $550,000
    5,040 sqft 5.00 AC lot
    Approximately 5 acres just south of Grand Rapids off Hwy 169
    Two updated residential rental units plus a separate unit for a business
    Visibility from Hwy 169 with ample parking
    Recent updates include HVAC, electrical, siding, flooring, and paint
    Newer roof and metal roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    32969 Laplant Road, Grand Rapids, MN 55744

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    • Est. Cap Rate

      4.2%
      NOI ÷ price

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $332K
      Suggested
    View Property Analytics
    Mixed-Use Property with Rental Units
    Updated: May 26
    Mixed-Use Property with Rental Units

    3296x Laplant Road, Grand Rapids, MN 55744

    $550,000
    5‑acre mixed‑use property along Hwy 169 south of Grand Rapids
    Two updated residential rental units plus a separate business unit
    Recent HVAC, electrical, siding, flooring, paint, and roof improvements
    Comm zoning supports the mixed‑use configuration
    Highway exposure with ample parking and garage
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    Updated Residential Income Duplex
    Updated Residential Income Duplex

    3296x Laplant Road, Grand Rapids, MN 55744

    $550,000
    4,644 sqft 5.00 AC lot

    Two updated rental units on 5 acres south of Grand Rapids, with recent HVAC, electrical, siding, flooring, paint, and roof.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Grand Rapids, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Hardwood Flooring
    Duplex with Hardwood Flooring

    119 8th St. S, Virginia, MN 55792

    $35,000
    2,012 sqft

    Wood-frame duplex with steam heat and hardwood flooring, with one unit needing TLC and the other ready for a full update.

    View details
    Seven-Bedroom Duplex
    Seven-Bedroom Duplex

    824 13th St. N, Virginia, MN 55792

    $71,900
    1,496 sqft

    Residential income property with R zoning and a required three-property sale structure.

    View details
    Fully Leased Upper/Lower Duplex
    Fully Leased Upper/Lower Duplex

    130 E 16th Street, Hibbing, MN 55746

    $95,000
    1,968 sqft

    Fully leased upper and lower duplex with long-term tenants, off-street parking, and hot water heat.

    View details
    Upper/Lower Duplex with Long-Term Tenants
    Upper/Lower Duplex with Long-Term Tenants

    124 E 17th St, Hibbing, MN 55746

    $95,000
    1,346 sqft

    Fully rented upper/lower duplex with long-term tenants, off-street parking, and Res zoning.

    View details

    Grand Rapids, MN Duplexes Market Trends and Statistics

    Explore 3 duplexes for sale in Grand Rapids, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,684 square feet of properties for sale, with an estimated market value of $1,650,000.

    Sale prices for duplexes in Grand Rapids, MN average $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Triplexes 1

    Demographics Overview

    Population 20K
    Population Growth (5Y) +0.6%
    Median Household Income $68,213
    College Educated 13.7%

    High-Yield Neighborhoods for Investment

    Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55744 $550K

    Taxes & Financing

    Tax Rate (average for all types) 2.87%
    Property Tax per SF $24.20 per SF
    Average Loan-to-Value 65.0%

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