Hoffman MN Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
3,936
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1997
Baths:
MLS#:
6604828

ADDITIONAL INFORMATION

Excellent investment opportunity! This fully occupied 4-unit property is a landlord's dream. Each unit offers 2 bedrooms, 1 bathroom, laundry, and an attached 1-stall garage. Located on a desirable corner lot, the property is a strong performer with current leases in place. The sellers have also done the work to split the units, offering you the option to sell them off individually in the future. Whether you're looking to build your portfolio or make your money work for you, this property is a smart move in today's real estate market!

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.




Hoffman Real Estate

The median home value in Hoffman, MN is $167,900. This is lower than the county median home value of $193,200. The national median home value is $338,100. The average price of homes sold in Hoffman, MN is $167,900. Approximately 57.9% of Hoffman homes are owned, compared to 28.95% rented, while 13.16% are vacant. Hoffman real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hoffman real estate agent to arrange a tour today!

Hoffman, Minnesota has a population of 662. Hoffman is more family-centric than the surrounding county with 35.12% of the households containing married families with children. The county average for households married with children is 27.66%.

The median household income in Hoffman, Minnesota is $48,333. The median household income for the surrounding county is $60,781 compared to the national median of $69,021. The median age of people living in Hoffman is 33.9 years.

Hoffman Weather

The average high temperature in July is 82.2 degrees, with an average low temperature in January of 0.6 degrees. The average rainfall is approximately 25.9 inches per year, with 43.3 inches of snow per year.

Hoffman Real Estate Market Conditions

  • Median sales price

    $167,900
    13.6% change since last quarter
  • # Active listings

    9
    30-day change

Hoffman Schools and Demographics

Education near Hoffman, MN

Metric City County
High School Graduates 90.82 92.84
College Degree - 2 year 14.35 16.53
College Degree - 4 year 12.94 18.55
Graduate Degree 1.88 3.65
Expenditures per Student 14,990 14,990
Students per Teacher 11.6 11.6

Elementary Schools near Hoffman, MN

School Grades Students P/T Ratio ZIP
West Central Area N. El. PK - 04 159 12.7 56531
West Central Area S. El. PK - 04 159 12 56343

Middle Schools near Hoffman, MN

School Grades Students P/T Ratio ZIP
Wca 5-6 Elementary School 05 - 06 108 12.5 56311

High Schools near Hoffman, MN

School Grades Students P/T Ratio ZIP
West Central Area Secondary 07 - 12 297 15 56311

Demographics near Hoffman, MN

Metric City County
Neighborhood Type Small Town
Population 662 6,045
Population Density 307 11
Median Age 33.9 44.4
People per Household 2.5 2.4
Median Household Income 48,333 60,781
Average Income per Capita 23,607 33,891