Apartment building in Minnesota

Search apartment building records in Minnesota to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Minnesota commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around Minnesota

Reonomy operates the most comprehensive database for Minnesota Apartment Building and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Minnesota commercial real estate professionals. Members from Minnesota include brokers, investors and service providers, many of whom specialize in Minnesota Apartment Building.

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Minnesota apartment building sold prices and values

The average assessed value of apartment buildings in Minnesota is $768,417. Apartment building sale prices in Minnesota have a median of $229,300. The last 24 months of sales history has seen 7,102 sales, with 3,270 sales greater than $250,000, 767 sales valued at over $1,000,000, and 135 sales valued at over $10,000,000. The average price per square foot of apartment buildings in Minnesota over the last 24 months is $85.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $1,240 $204
Median price/sqft $97 $85
Average sold price $3,422,417 $946,529
Median sold price $287,289 $229,300
Number of sales 143,925 7,102
Number of sales over $250k 78,793 3,270
Number of sales over $1m 32,980 767
Number of sales over $10m 8,218 135
Average total tax amount $21,780 $13,507
Average assessed value $973,545 $768,417
Average market value $1,223,463 $772,819

Minnesota apartment building property averages

The average lot size of apartment buildings in Minnesota is 9,395 sf. This is 18% above the United States average. The average building area is 57 sf and the median year built is 1930.

Property averages United States Minnesota
Average lot size 145,025 sf 49,454 sf
Median lot size 7,843 sf 9,395 sf
Average building area 613 sf 123 sf
Median building area 62 sf 57 sf
Median year built 1954 1930
Average number of units 21 22
Median number of units 4 8

Minnesota apartment building total supply

There are 56,398 apartment buildings in Minnesota. This is 186% below the United States average. The total acerage is 40,695 acres and the aggregate building area for apartment buildings in Minnesota is 2,351,438 sf.

Supply United States Minnesota
Number of parcels 1,597,868 56,398
Aggregate lot acerage 24,465,828 40,695
Aggregate building area 428,811,554 sf 2,351,438 sf
Aggregate units 18,299,429 221,564

Minnesota apartment building industrial mortgages

There are 60,964 mortgages for apartment buildings across Minnesota in the Reonomy database. The average value of those mortgages is $1,858,580. This is 14% below the United States average.

Debt United States Minnesota
Number of mortgages 4,058,722 60,964
Average value of mortgages $2,146,109 $1,858,580

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