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    Hermantown, MN Multifamily Properties for Sale

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    Duluth, MN Esko, MN Saginaw, MN
    Hermantown Development Site Opportunity
    $1,200,000
    12.87 Acres

    Hermantown Development Site Opportunity

    507x Maple Grove Road, Hermantown, MN 55811

    Prime development site for residential or multi-family project in Hermantown.

    • Approved concept plans available for multi‑family apartment building, Twinhomes, and Villa Homes.
    • Prime development site for residential or multi‑family apartment project.
    • Strong local housing demand indicated by recent studies.
    • Close proximity to major retailers (Sam's Club, Costco, Target, Miller Hill Mall) and restaurants.
    • Convenient location: 5 miles to Downtown Duluth and 2.5 miles to Duluth International Airport.
    Updated: Sep 12, 2025
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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Hermantown, MN, we suggest exploring several alternatives: similar 17 Off-Market properties to explore as potential leads

    Off-Market Properties in Hermantown, MN

    Consider similar Off-Market properties in Hermantown, 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.

    5093 Jennifer Cir

    5093 Jennifer Cir

    APARTMENT HOUSE (5+ UNITS) • 6,068 SF
    Value Estimation
    $755,000
    5093 Jennifer Cir, Hermantown, MN 55811-1784
    View details
    5091 Jennifer Cir

    5091 Jennifer Cir

    APARTMENT HOUSE (5+ UNITS) • 6,068 SF
    Value Estimation
    $640,000
    5091 Jennifer Cir, Hermantown, MN 55811-1797
    View details
    5088 Jennifer Cir

    5088 Jennifer Cir

    APARTMENT HOUSE (5+ UNITS) • 6,068 SF
    Value Estimation by Request
    5088 Jennifer Cir, Hermantown, MN 55811-1487
    View details
    4876 Miller Trunk Hwy

    4876 Miller Trunk Hwy

    APARTMENT HOUSE (5+ UNITS) • 4,316 SF
    Value Estimation by Request
    4876 Miller Trunk Hwy, Hermantown, MN 55811-1509
    View details
    535 Boulder Dr

    535 Boulder Dr

    APARTMENT HOUSE (5+ UNITS) • 49,688 SF
    Value Estimation
    $3,820,000
    535 Boulder Dr, Hermantown, MN 55811-1538
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    545 Boulder Dr

    545 Boulder Dr

    APARTMENT HOUSE (5+ UNITS) • 49,688 SF
    Value Estimation
    $3,825,000
    545 Boulder Dr, Hermantown, MN 55811-1549
    View details
    520 Boulder Dr

    520 Boulder Dr

    APARTMENT HOUSE (5+ UNITS) • 12,771 SF
    Value Estimation
    $1,005,000
    520 Boulder Dr, Hermantown, MN 55811-1591
    View details
    602 Boulder Dr

    602 Boulder Dr

    APARTMENT HOUSE (5+ UNITS) • 8,643 SF
    Value Estimation
    $800,000
    602 Boulder Dr, Hermantown, MN 55811-2625
    View details
    551 Boulder Dr

    551 Boulder Dr

    APARTMENT HOUSE (5+ UNITS) • 8,643 SF
    Value Estimation
    $805,000
    551 Boulder Dr, Hermantown, MN 55811-1591
    View details
    802 Boulder Dr

    802 Boulder Dr

    APARTMENT HOUSE (5+ UNITS) • 9,681 SF
    Value Estimation
    $840,000
    802 Boulder Dr, Hermantown, MN 55811-1930
    View details
    5064 Jennifer Cir

    5064 Jennifer Cir

    APARTMENT HOUSE (5+ UNITS) • 6,068 SF
    Value Estimation
    $645,000
    5064 Jennifer Cir, Hermantown, MN 55811-1480
    View details
    5076 Jennifer Cir

    5076 Jennifer Cir

    APARTMENT HOUSE (5+ UNITS) • 6,068 SF
    Value Estimation
    $645,000
    5076 Jennifer Cir, Hermantown, MN 55811-1427
    View details
    801 Boulder Dr

    801 Boulder Dr

    APARTMENT HOUSE (5+ UNITS) • 68,008 SF
    Value Estimation
    $5,310,000
    801 Boulder Dr, Hermantown, MN 55811-1857
    View details
    510 Boulder Dr

    510 Boulder Dr

    APARTMENT HOUSE (5+ UNITS) • 49,688 SF
    Value Estimation
    $3,830,000
    510 Boulder Dr, Hermantown, MN 55811-5221
    View details
    515 Boulder Dr

    515 Boulder Dr

    APARTMENT HOUSE (5+ UNITS) • 49,688 SF
    Value Estimation
    $3,790,000
    515 Boulder Dr, Hermantown, MN 55811-1592
    View details
    5072 Jennifer Cir

    5072 Jennifer Cir

    APARTMENT HOUSE (5+ UNITS) • 6,068 SF
    Value Estimation by Request
    5072 Jennifer Cir, Hermantown, MN 55811-1467
    View details
    901 Boulder Dr

    901 Boulder Dr

    APARTMENT HOUSE (5+ UNITS) • 68,008 SF
    Value Estimation
    $5,195,000
    901 Boulder Dr, Hermantown, MN 55811-1789
    View details

    Hermantown, MN Multifamily Properties Investment Opportunities Market Analysis

    Explore 18 multifamily properties for sale in Hermantown, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for multifamily properties in Hermantown, MN start at $1,200,000, averaging $1,200,000, and reaching up to $1,200,000 — 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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    Demographics Overview

    Population 36K
    Population Growth (5Y) +0.4%
    Median Household Income $78,798
    College Educated 46.8%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    Duluth - 55811 $1.2M

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