Multifamily

Frazee, MN Multifamily Properties for Sale

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Detroit Lakes, MN Vergas, MN Perham, MN Rochert, MN Dent, MN Pelican Rapids, MN Audubon, MN Osage, MN
Lakefront Short-Term Rental Estate
Updated: Aug 15
Lakefront Short-Term Rental Estate

51097 E Wymer Lake Road #1, Frazee, MN 56544

$779,000
9,424 sqft
9,424‑square‑foot lakefront property on Wymer Lake
298' of wooded private shoreline on a double lot
10 bedrooms, including a rental wing designed to sleep 20+ guests
Separate 2BR+office/1BA owner’s residence above the garage
Two‑story indoor solarium with waterfall and live trees
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Lakefront Short-Term Rental Estate
Updated: Aug 13
Lakefront Short-Term Rental Estate

1-51097 E Wymer Lake Rd, Frazee, MN 56544

$779,000
9,424 sqft
298’ of wooded shoreline on private Wymer Lake
10‑bedroom layout with a rental wing sleeping 20+ guests
Separate 2BR+office/1BA owner residence above the garage
Two‑story indoor solarium with waterfall and live trees
Two great rooms with stone fireplaces and lake views
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Mixed-Use Building with Restaurant Space
Mixed-Use Building with Restaurant Space

108 E Main Ave, Frazee, MN 56544

$310,000
4,035 sqft

Income-producing property combines two leased apartments with an occupied restaurant area and an unfinished unit for future buildout.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Frazee, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Downtown Triplex with Private Entrances
Downtown Triplex with Private Entrances

155 SW 4th, Perham, MN 56573

$334,900
2,412 sqft 0.26 AC lot

Three-unit apartment property with separate entrances, off-street parking, and a central Perham setting near shops and services.

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Renovated Four-Unit Multifamily Property
Renovated Four-Unit Multifamily Property

1311 Summit Ave, Detroit Lakes, MN 56501

$950,000
6,892 sqft

Multiple units feature updated interiors, while one furnished residence is ready for immediate occupancy.

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Renovated Lakefront Duplex
Renovated Lakefront Duplex

27096 Little Floyd Lake Rd, Detroit Lakes, MN 56501

$610,000
1,248 sqft

Two updated units share a lakeside paver patio, private boat slips, and access to outdoor recreation on Little Floyd Lake.

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Three-Unit Apartment Building
Three-Unit Apartment Building

155 4th Ave Sw, Perham, MN 56573

$334,900
2,412 sqft

Downtown multifamily property with private entrances and dedicated off-street parking for each residence.

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Off-Market Properties in Frazee, MN

Consider similar Off-Market properties in Frazee, 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.

Frazee, MN 56544
MOBILE HOME PARK, TRAILER PARK

Frazee, MN 56544

Estimated value:
$245,000
1.90 AC lot
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512 Balsam Ave
Multifamily properties

512 Balsam Ave, Frazee, MN 56544

Estimated value: by Request
10.41 AC lot
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517 Main Ave
MOBILE HOME PARK, TRAILER PARK

517 Main Ave, Frazee, MN 56544-4609

Estimated value:
$250,000
1,428 sqft 0.66 AC lot
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607 2nd SE St
MOBILE HOME PARK, TRAILER PARK

607 2nd SE St, Frazee, MN 56544-4436

Estimated value:
$230,000
5.24 AC lot
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Frazee, MN Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Frazee, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 22,883 square feet of properties for sale, with an estimated market value of $1,868,000.

Sale prices for multifamily properties in Frazee, MN start at $310,000, averaging $622,666, and reaching up to $779,000 — 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

Short term rental properties 2

Demographics Overview

Population 5,609
Population Growth (5Y) +1.4%
Median Household Income $72,742
College Educated 27.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56544 $622.7K

Taxes & Financing

Tax Rate (average for all types) 1.24%
Property Tax per SF $38.45 per SF
Tax Rate vs County Average 0.24 pp below county avg
Average Loan-to-Value 65.0%

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