Multi-family home in Minnesota

Search multi-family home 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 Multi-family Home 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 Multi-family Home.

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Minnesota multi-family home sold prices and values

The average assessed value of multi-family homes in Minnesota is $676,227. Multi-family home sale prices in Minnesota have a median of $209,387. The last 24 months of sales history has seen 10,316 sales, with 4,310 sales greater than $250,000, 943 sales valued at over $1,000,000, and 177 sales valued at over $10,000,000. The average price per square foot of multi-family homes in Minnesota over the last 24 months is $89.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $1,160 $199
Median price/sqft $92 $89
Average sold price $1,830,969 $810,549
Median sold price $235,993 $209,387
Number of sales 391,842 10,316
Number of sales over $250k 189,768 4,310
Number of sales over $1m 56,662 943
Number of sales over $10m 10,279 177
Average total tax amount $12,886 $11,736
Average assessed value $770,459 $676,227
Average market value $1,523,927 $679,891

Minnesota multi-family home property averages

The average lot size of multi-family homes in Minnesota is 7,947 sf. This is 13% above the United States average. The average building area is 63 sf and the median year built is 1927.

Property averages United States Minnesota
Average lot size 85,456 sf 55,576 sf
Median lot size 6,968 sf 7,947 sf
Average building area 852 sf 124 sf
Median building area 64 sf 63 sf
Median year built 1948 1927
Average number of units 16 17
Median number of units 2 3

Minnesota multi-family home total supply

There are 79,543 multi-family homes in Minnesota. This is 192% below the United States average. The total acerage is 65,345 acres and the aggregate building area for multi-family homes in Minnesota is 3,637,995 sf.

Supply United States Minnesota
Number of parcels 4,376,278 79,543
Aggregate lot acerage 143,298,268 65,345
Aggregate building area 1,711,306,961 sf 3,637,995 sf
Aggregate units 49,005,185 392,380

Minnesota multi-family home industrial mortgages

There are 98,273 mortgages for multi-family homes across Minnesota in the Reonomy database. The average value of those mortgages is $1,322,993. This is 4% below the United States average.

Debt United States Minnesota
Number of mortgages 10,663,802 98,273
Average value of mortgages $1,379,229 $1,322,993

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