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55106, MN Properties

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Find, analyze, and compare investment properties in 55106, MN, including off-market opportunities and residential homes with value-add potential. The 55106 area offers a diverse housing market with single-family residences (SFRs), multi-family properties, and vacant homes. This ZIP code offers investment potential for long-term rentals (LTRs), as highlighted by 55106 housing market trends. Property Intel by Whitepages makes it easy to uncover off-market properties, compare ZIP code and neighborhood benchmarks, and access owner contact information to help you find the best investment properties in 55106, Minnesota for your real estate goals.

In 55106, the median property value currently stands at $222,262, reflecting a 17.39% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $260,810 (a 0.01% gain). The housing market includes a total of 14,368 houses.The median home in 55106 has 1,380 square feet of living space, priced at a median of $167 per square foot with a median year built of 1940. For long-term rental properties in 55106, the median annual gross rental income is $26,400 (or $2,200/month) with estimated operating expenses of $9,130, resulting in an approximate gross cap rate of 7.77%.

Property Intel by Whitepages helps investors and homeowners explore the 55106 area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in 55106, MN.

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Housing Market Trends & Statistics for 55106, Minnesota

Median Property Value
$222,262
Total number of Properties
14,368
Median Living Space
1,380 sq ft
Median Year Built
1940 (85 years)
5-Year Appreciation Forecast
$260,810
Median Lot Size
5,920 sq ft
Average Ownership
11 months
for 55106, MN
  • Est. Rental Income
    $26,400 ($2,200 per month)
  • Net Operating Income
    $17,270 ($1,439 per month)
  • Cap Rate
    7.77%

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