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    Grand Rapids, MN
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    Grand Rapids, MN Multifamily Properties for Sale

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    Deer River, MN Coleraine, MN Bovey, MN Cohasset, MN Calumet, MN Hill City, MN Pengilly, MN Goodland, MN
    Updated Mixed-Use Property
    Updated: May 27
    Updated Mixed-Use Property

    32969 Laplant Road, Grand Rapids, MN 55744

    $550,000
    3,384 sqft
    5‑acre mixed‑use property along Hwy 169 south of Grand Rapids
    3,384‑square‑foot building with two residential rental units and a separate business area
    Updates include HVAC, electrical, siding, flooring, paint, and a newer roof
    Multi zoning supports the property's mixed‑use configuration
    Highway visibility from Hwy 169 with a dedicated parking lot
    View details
    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
    5‑acre property with a 5,040‑square‑foot building
    Two residential rental units plus a separate business unit
    Updates include HVAC, electrical, siding, flooring, paint, and a newer roof
    Located on Hwy 169 south of Grand Rapids
    Ample parking with private water and private sewer
    View details
    Duplex with Lower-Level Living
    Duplex with Lower-Level Living

    420 S Pokegama Avenue, Grand Rapids, MN 55744

    $169,000
    1,848 sqft 0.29 AC lot

    The main floor has two bedrooms, with a one-bedroom efficiency arrangement downstairs.

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    See hot listings in Grand Rapids

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Two-Level Duplex
    Two-Level Duplex

    420 S Pokegama Ave, Grand Rapids, MN 55744

    $169,000
    1,848 sqft

    Duplex with separate living areas, dedicated parking, and access to nearby shopping, dining, and daily conveniences.

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    Mixed-Use Property with Highway Exposure
    Mixed-Use Property with Highway Exposure

    3296x Laplant Road, Grand Rapids, MN 55744

    $550,000

    Two updated rental residences accompany a separate business unit in a mixed-use commercial setting.

    View details
    Based on your search, we've compiled 63 Potential Opportunities for your consideration. Besides 5 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.

    Duplex with Detached Garage
    Duplex with Detached Garage

    708 2nd Street NW, Aitkin, MN 56431

    $179,900
    2,976 sqft 0.33 AC lot

    Two separate residences provide a mix of two- and three-bedroom layouts.

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    Two-Unit Duplex with Detached Garage
    Two-Unit Duplex with Detached Garage

    708 2nd Street NW, Aitkin, MN 56431

    $179,900
    2,976 sqft

    Two residences provide separate entrances and distinct bedroom and bathroom layouts.

    View details
    8-Unit Apartment Building
    8-Unit Apartment Building

    2126 3rd Ave E, Hibbing, MN 55746

    $365,000
    3,352 sqft

    Eight rental units feature private bathrooms, full kitchens, and individually metered service in the main building.

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    Rented Duplex With Off-Street Parking
    Rented Duplex With Off-Street Parking

    124 E 17th St, Hibbing, MN 55746

    $95,000
    1,346 sqft

    Upper- and lower-level units provide a two-unit residential income property with long-term tenants and off-street parking.

    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.

    20371 Wendigo Park Rd
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $635,000
    20.15 AC lot
    View details
    2495 8th St
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $2,200,000
    480 sqft 2.03 AC lot
    View details
    2495 8th St
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $2,200,000
    14,712 sqft 2.03 AC lot
    View details
    1607 Us Hwy 169
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $2,600,000
    4.97 AC lot
    View details
    501 4th St
    APARTMENT HOUSE (5+ UNITS)

    501 4th St, Grand Rapids, MN 55744

    Estimated value:
    $250,000
    1,768 sqft 0.24 AC lot
    View details
    418 21st St
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $270,000
    3,528 sqft 0.57 AC lot
    View details
    Grand Rapids, MN 55744
    APARTMENT HOUSE (5+ UNITS)

    Grand Rapids, MN 55744

    Estimated value:
    $865,000
    13,563 sqft
    View details
    Grand Rapids, MN 55744
    APARTMENT HOUSE (5+ UNITS)

    Grand Rapids, MN 55744

    Estimated value:
    $870,000
    13,563 sqft
    View details
    Grand Rapids, MN 55744
    APARTMENT HOUSE (5+ UNITS)

    Grand Rapids, MN 55744

    Estimated value:
    $175,000
    13,583 sqft
    View details
    401 10th St
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $1,450,000
    7,412 sqft 1.61 AC lot
    View details
    305 Pokegama Ave
    APARTMENT HOUSE (5+ UNITS)

    305 Pokegama Ave, Grand Rapids, MN 55744-3654

    Estimated value:
    $285,000
    1,661 sqft 0.50 AC lot
    View details
    Grand Rapids, MN 55744
    APARTMENT HOUSE (5+ UNITS)

    Grand Rapids, MN 55744

    Estimated value:
    $210,000
    3,490 sqft 0.99 AC lot
    View details
    34597 Mac Donell Rd
    MOBILE HOME PARK, TRAILER PARK

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

    Estimated value:
    $410,000
    4,172 sqft 9.49 AC lot
    View details
    Grand Rapids, MN 55744
    MOBILE HOME PARK, TRAILER PARK

    Grand Rapids, MN 55744

    Estimated value:
    $270,000
    1,756 sqft 7.41 AC lot
    View details
    1215 11th Ave
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $510,000
    View details
    523 7th Ave
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $275,000
    1,860 sqft 0.25 AC lot
    View details
    2303 Fraser St
    APARTMENT HOUSE (5+ UNITS)

    2303 Fraser St, Grand Rapids, MN 55744-3274

    Estimated value:
    $260,000
    3,458 sqft 0.63 AC lot
    View details
    650 13th St, Unit 654
    APARTMENT HOUSE (5+ UNITS)

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

    Unit 654
    Estimated value:
    $645,000
    1.16 AC lot
    View details
    Grand Rapids, MN 55744
    APARTMENT HOUSE (5+ UNITS)

    Grand Rapids, MN 55744

    Estimated value:
    $120,000
    121 sqft 0.62 AC lot
    View details

    Grand Rapids, MN Multifamily Properties Market Trends and Statistics

    Explore 59 multifamily properties for sale in Grand Rapids, MN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 12,120 square feet of properties for sale, with an estimated market value of $1,988,000.

    Sale prices for multifamily properties in Grand Rapids, MN start at $169,000, averaging $397,600, and reaching up to $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

    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 $397.6K

    Taxes & Financing

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

    Total CRE Inventory on Market (SF)

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