Multi–family Homes in Minnesota | Reonomy
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    Multi–family Homes in Minnesota

    Unlock property data on all 80,685 multi–family homes in Minnesota. Search across 89 counties to find the Minnesota property records you need, and get in touch with Multi-family Home owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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    Reonomy attracts a large community of Minnesota commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in multi–family homes.

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    Minnesota multi-family home sold prices and values

    Values and sold prices (last 24 months) United States Minnesota
    Average price/sqft $1,730 $4,425
    Average sold price $1,583,650 $850,330
    Median sold price $238,322 $204,726
    Number of sales 357,848 10,319
    Number of sales over $250k 174,051 4,213
    Number of sales over $1m 50,996 955
    Number of sales over $10m 8,536 160
    Average total tax amount $31,856 $9,276
    Average assessed value $760,556 $525,920
    Average market value $1,209,172 $528,778

    Minnesota multi-family home property averages

    Property averages United States Minnesota
    Average lot size 90,162 sf 57,760 sf
    Median lot size 6,982 sf 8,184 sf
    Average building area 861 sf 125 sf
    Median building area 64 sf 64 sf
    Median year built 1949 1928
    Average number of units 16 17
    Median number of units 2 3

    Minnesota multi-family home total supply

    Supply United States Minnesota
    Number of parcels 4,398,050 81,233
    Aggregate lot acerage 144,043,080 69,742
    Aggregate building area 1,752,275,797 sf 3,805,084 sf
    Aggregate units 49,731,847 399,482

    Minnesota multi-family home industrial mortgages

    Debt United States Minnesota
    Number of mortgages 10,840,485 101,907
    Average value of mortgages $1,416,228 $1,314,496

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