Multifamily

Mahnomen, MN Multifamily Properties for Sale

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Mahnomen Mixed-Use Investment Opportunity
Updated: Mar 30, 2021
Mahnomen Mixed-Use Investment Opportunity

109 Main Street N, Mahnomen, MN 56557

$90,000
3,876 sqft
Commercial storefront located on Main Street in Mahnomen, Minnesota.
Includes a 2‑bedroom, 1‑bathroom apartment upstairs.
Recent updates to the upstairs apartment.
Investment opportunity priced at $90,000.
Gross rents of $1165.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Mahnomen, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Fully Rented 4-Plex Investment
Fully Rented 4-Plex Investment

1002 5th Street N, Fargo, ND 58102

$266,000
2,855 sqft 0.16 AC lot

Turn-key four-unit residential income property with on-site parking and recent unit updates.

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Five-Unit Apartment Building with Garage
Five-Unit Apartment Building with Garage

1205 4th St N, Fargo, ND 58102

$375,000

Character-rich five-unit property with a four-stall garage and shared coin-operated laundry, currently fully leased.

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Thief River Falls Investment Opportunity
Thief River Falls Investment Opportunity

1227 Stephen Street, Thief River Falls, MN 56701

$625,000

29 manufactured homes on leased land for sale.

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Thief River Falls Apartment Building
Thief River Falls Apartment Building

15244 Douglas Avenue, Thief River Falls, MN 56701

$450,000
3,936 sqft

Ten-unit apartment building with additional land available in Thief River Falls.

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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.

Residential Land in Lakes Country
Residential Land in Lakes Country

30371 Old Sunset Drive, Laporte, MN 56461

$109,900
10.00 AC lot

10 acres near lakes with well, septic, and electric.

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Alexandria Lakeshore Property with Rental Opportunity
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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Land for Multi-Family Housing
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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Aitkin Lots & Land
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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Mahnomen, MN Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Mahnomen, MN on our real estate platform. These investment opportunities span a total of 3,876 square feet of properties for sale, with an estimated market value of $90,000.

Sale prices for multifamily properties in Mahnomen, MN start at $90,000, averaging $90,000, and reaching up to $90,000 — 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

Apartment buildings 1

Demographics Overview

Population 2,797
Population Growth (5Y) -1.3%
Median Household Income $53,077
College Educated 14.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56557 $90K

Taxes & Financing

Tax Rate (average for all types) 2.45%
Tax Rate vs County Average 0.96 pp above county avg
Average Loan-to-Value 65.0%

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