Grand Rapids, MN Multifamily Properties for Sale

List

Map

Coleraine, MN Cohasset, MN Bovey, MN Deer River, MN Calumet, MN Hill City, MN Pengilly, MN Nashwauk, MN

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

View details

This listing looks promising.

Here's a quick look at some key insights for

32969 Laplant Road, Grand Rapids, MN 55744

View Property Analytics

Est. Cap Rate

4.2%
NOI ÷ price
Est. NOI

$23K
Annual
Price @ 7% Cap

$332K
Suggested

View Property Analytics

Updated: May 27

Triplex with Separate Business Unit

32969 Laplant Road, Grand Rapids, MN 55744

$550,000

3,384 sqft

Triplex on 5 acres just south of Grand Rapids on Hwy 169
Two updated residential rental units plus a separate business unit
3,384 SF with metal roof
Recent updates include HVAC, electrical, siding, flooring, paint, and newer roof
Year built 1963

View details

Mixed-Use Property with Rental Units

3296x Laplant Road, Grand Rapids, MN 55744

$550,000

Updated residential units accompany a separate business space with highway exposure and on-site parking.

View details

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.

View details

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 62 Potential Opportunities for your consideration. Besides 4 Active listings in Grand Rapids, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 54 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.

Furnished Three-Unit Rental Property

607 Second Street S, Walker, MN 56484

$799,000

9,752 sqft 1.24 AC lot

Furnished three-unit rental built in 2005 with 14 bedrooms, 13 bathrooms, and multiple decks and patios.

View details

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

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

Lake-View Fully Remodeled 14-Unit

107 Minnesota Ave E, Walker, MN 56484

$1,175,000

Fully remodeled 14-unit apartment property with a mix of 1-bedroom, efficiency, and one 3-bedroom unit, plus on-site Airbnb rentals.

View details

Off-Market Properties in Grand Rapids, MN

Consider similar Off-Market properties in Grand Rapids, 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.

APARTMENT HOUSE (5+ UNITS)

20371 Wendigo Park Rd, Grand Rapids, MN 55744-4675

$635,000

Estimated value

20.15 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

2495 8th St, Grand Rapids, MN 55744-4461

$2,200,000

Estimated value

480 sqft 2.03 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

2495 8th St, Grand Rapids, MN 55744-4461

$2,200,000

Estimated value

14,712 sqft 2.03 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

1607 Us Hwy 169, Grand Rapids, MN 55744-4504

$2,600,000

Estimated value

4.97 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

501 4th St, Grand Rapids, MN 55744

$250,000

Estimated value

1,768 sqft 0.24 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

418 21st St, Grand Rapids, MN 55744-4141

$270,000

Estimated value

3,528 sqft 0.57 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

Grand Rapids, MN 55744

$865,000

Estimated value

13,563 sqft

View details

APARTMENT HOUSE (5+ UNITS)

Grand Rapids, MN 55744

$870,000

Estimated value

13,563 sqft

View details

APARTMENT HOUSE (5+ UNITS)

Grand Rapids, MN 55744

$175,000

Estimated value

13,583 sqft

View details

APARTMENT HOUSE (5+ UNITS)

401 10th St, Grand Rapids, MN 55744-3979

$1,450,000

Estimated value

7,412 sqft 1.61 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

305 Pokegama Ave, Grand Rapids, MN 55744-3654

$285,000

Estimated value

1,661 sqft 0.50 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

Grand Rapids, MN 55744

$210,000

Estimated value

3,490 sqft 0.99 AC lot

View details

MOBILE HOME PARK, TRAILER PARK

34597 Mac Donell Rd, Grand Rapids, MN 55744-4773

$410,000

Estimated value

4,172 sqft 9.49 AC lot

View details

MOBILE HOME PARK, TRAILER PARK

Grand Rapids, MN 55744

$270,000

Estimated value

1,756 sqft 7.41 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

1215 11th Ave, Grand Rapids, MN 55744-3078

$510,000

Estimated value

View details

APARTMENT HOUSE (5+ UNITS)

523 7th Ave, Grand Rapids, MN 55744-2313

$275,000

Estimated value

1,860 sqft 0.25 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

2303 Fraser St, Grand Rapids, MN 55744-3274

$260,000

Estimated value

3,458 sqft 0.63 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

650 13th St, Grand Rapids, MN 55744-4276

Unit 654

$645,000

Estimated value

1.16 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

Grand Rapids, MN 55744

$120,000

Estimated value

121 sqft 0.62 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

2801 Hwy 169, Grand Rapids, MN 55744-9552

$375,000

Estimated value

6.11 AC lot

View details

Grand Rapids, MN Multifamily Properties Market Trends and Statistics

Explore 58 multifamily properties for sale in Grand Rapids, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,068 square feet of properties for sale, with an estimated market value of $2,200,000.

Sale prices for multifamily properties 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.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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%

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Grand Rapids, MN Multifamily Properties for Sale

32969 Laplant Road, Grand Rapids, MN 55744

32969 Laplant Road, Grand Rapids, MN 55744

3296x Laplant Road, Grand Rapids, MN 55744

3296x Laplant Road, Grand Rapids, MN 55744