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    Babbitt, MN Multifamily Properties for Sale

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    Embarrass, MN Ely, MN Hoyt Lakes, MN
    Babbitt Fourplex: Investment Opportunity
    $449,000
    3,460 SF

    Babbitt Fourplex: Investment Opportunity

    12 Linney St, Babbitt, MN 55706

    Well-maintained fourplex in Babbitt, MN with income potential.

    • Income‑generating 4‑plex with owner's unit, offering flexibility for living and renting.
    • Recent major updates: new roof, siding, and fresh paint for reduced maintenance.
    • Detached garages providing additional income potential or tenant convenience.
    • Owner's unit features private laundry and a gas fireplace.
    • Convenient location near lakes, parks, and recreational trails.
    Updated: Apr 16
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Babbitt, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Ely Mixed-Use Income Property
    $275,000
    3,768 SF

    Ely Mixed-Use Income Property

    Commercial building with income-generating apartments in high-traffic location.

    120 E Sheridan Street, Ely, MN 55731
    View details
    Updated Mixed-Use Investment Opportunity
    $950,000
    3,304 SF

    Updated Mixed-Use Investment Opportunity

    Updated mixed-use property with apartments and commercial spaces in Biwabik,MN.

    400 Main S Street, Biwabik, MN 55708
    View details
    Mixed-Use Building in Downtown Ely
    $390,000
    8,078 SF

    Mixed-Use Building in Downtown Ely

    Two-story building with restaurant and four apartments in Ely.

    216 E Sheridan St, Ely, MN
    View details
    Biwabik Mixed-Use Investment Opportunity
    $950,000
    3,304 SF

    Biwabik Mixed-Use Investment Opportunity

    Updated mixed-use property with apartments and commercial spaces in Biwabik, MN.

    400 Main Street S, Biwabik, MN 55708
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Freeway
    $799,000
    9.20 Acres

    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037
    View details
    Pine River Twp Waterfront Land
    $499,900
    30.20 Acres

    Pine River Twp Waterfront Land

    30.2 acres with 720 feet of shoreline.

    Backus, MN 56435
    View details
    Menominee City Building Lot
    Contact for pricing
    0.21 Acres

    Menominee City Building Lot

    Building lot near Henes Park, ready for construction.

    605 46th Avenue, Menominee, MI 49858
    View details
    Minnesota Lakeshore Acreage with Development Potential
    $124,900
    9.30 Acres

    Minnesota Lakeshore Acreage with Development Potential

    9.3 acres with 244 feet of lakeshore near Worthington.

    Fulda, MN 56131
    View details

    Off-Market Properties in Babbitt, MN

    Consider similar Off-Market properties in Babbitt, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    101 Central Blvd

    101 Central Blvd

    APARTMENT HOUSE (5+ UNITS) • 13,614 SF
    Value Estimation by Request
    101 Central Blvd, Babbitt, MN 55706-1251
    View details
    1 Central Blvd

    1 Central Blvd

    APARTMENT HOUSE (5+ UNITS) • 22,504 SF
    Value Estimation
    $1,675,000
    1 Central Blvd, Babbitt, MN 55706-1144
    View details

    Babbitt, MN Multifamily Properties Investment Opportunities Market Analysis

    Explore 3 multifamily properties for sale in Babbitt, MN on our real estate platform. These investment opportunities span a total of 3,460 square feet of properties for sale, with an estimated market value of $449,000.

    Sale prices for multifamily properties in Babbitt, MN start at $449,000, averaging $449,000, and reaching up to $449,000 — 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

    Quadplexes 1

    Demographics Overview

    Population 1,827
    Population Growth (5Y) +13.3%
    Median Household Income $60,096
    College Educated 30.1%

    High-Yield Neighborhoods for Strategic Investment

    Identify Babbitt submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    55706 $449K

    Taxes & Financing

    Tax Rate (average for all types) 2.18%
    Property Tax per SF $44.35 per sq ft
    Tax Rate vs County Average 0.41 pp below county avg
    Average Loan-to-Value 65.0%

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