Forest Lake, MN Multifamily properties for sale

Updated: Jul 15

Updated Side-by-Side Duplex

1082 5th Street SE, Forest Lake, MN 55025

$555,000

3,696 sqft 0.23 AC lot

Side‑by‑side duplex with 6 bedrooms and 4 bathrooms (split‑level layout).
Each unit has an in‑unit laundry room on the lower level.
Primary bedroom retreat includes a generous walk‑in closet (upper level of each unit).
Year built: 1995.
Electric baseboard heating and an asphalt roof.

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This listing looks promising.

Here's a quick look at some key insights for

1082 5th Street SE, Forest Lake, MN 55025

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$48K
Annual
Price @ 7% Cap

$692K
Above asking
Property Type

Townhouse
Built 1995

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Forest Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Owner-Occupied Two-Bedroom Duplex

3811 Restwood Road, Circle Pines, MN 55014

$595,000

3,328 sqft 0.35 AC lot

Updated multifamily building features units with 2 bedrooms, updated kitchens, and separate hot water heaters.

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Two-Unit Duplex with Private Basements

5721 Quincy Street, Mounds View, MN 55112

$439,900

1,796 sqft 0.34 AC lot

Two one-level 2BR/1BA units with private basements and laundry on a large lot.

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Multi-Family Investment Opportunity in Lexington

8963 Syndicate Avenue, Circle Pines, MN 55014

$975,000

8,960 sqft

16-unit multi-family property in Lexington, MN, with redevelopment potential.

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Mounds View Multifamily Investment

7750 Silver Lake Rd, Mounds View, MN 55112

Contact for pricing

1.33 AC lot

Well-maintained 23-unit apartment complex in Mounds View, Minnesota.

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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 Development Land Parcel

101 Morris Avenue, Hinckley, MN 55037

$799,000

9.20 AC lot

Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

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Aitkin Lots & Land

L 3&4 B3 London Town, Aitkin, MN 56431

Contact for pricing

0.14 AC lot

Double lot in Sherwood Forest with shared amenities.

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Land for Multi-Family Housing

1610 7th Avenue E, Alexandria, MN 56308

$249,900

2.16 AC lot

2.16 acre lot zoned for multi-family housing development.

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Alexandria Lakeshore Property with Rental Opportunity

5950 County Road 8 NW, Alexandria, MN 56308

$798,500

15.62 AC lot

Lakeshore property with rental cabins and RV sites near Alexandria.

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Off-Market Properties in Forest Lake, MN

Consider similar Off-Market properties in Forest Lake, 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.

MOBILE HOME PARK, TRAILER PARK

1719 Lk S St, Forest Lake, MN 55025-2600

Value Estimation by Request

1,472 sqft 32.72 AC lot

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Forest Lake, MN Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Forest Lake, MN on our real estate platform. These investment opportunities span a total of 3,696 square feet of properties for sale, with an estimated market value of $555,000.

Sale prices for multifamily properties in Forest Lake, MN start at $555,000, averaging $555,000, and reaching up to $555,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Forest Lake, MN Multifamily Properties for Sale

1082 5th Street SE, Forest Lake, MN 55025

Opportunities in Nearby Cities

3811 Restwood Road, Circle Pines, MN 55014

5721 Quincy Street, Mounds View, MN 55112

8963 Syndicate Avenue, Circle Pines, MN 55014

7750 Silver Lake Rd, Mounds View, MN 55112