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 $622,979. Multi-family home sale prices in Minnesota have a median of $214,909. The last 24 months of sales history has seen 9,518 sales, with 4,052 sales greater than $250,000, 838 sales valued at over $1,000,000, and 158 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 $859 $196
Median price/sqft $91 $89
Average sold price $1,680,904 $774,507
Median sold price $233,873 $214,909
Number of sales 395,904 9,518
Number of sales over $250k 190,411 4,052
Number of sales over $1m 57,204 838
Number of sales over $10m 10,284 158
Average total tax amount $12,268 $11,015
Average assessed value $750,432 $622,979
Average market value $1,103,859 $630,841

Minnesota multi-family home property averages

The average lot size of multi-family homes in Minnesota is 7,833 sf. This is 11% above the United States average. The average building area is 62 sf and the median year built is 1926.

Property averages United States Minnesota
Average lot size 85,894 sf 52,858 sf
Median lot size 6,956 sf 7,833 sf
Average building area 782 sf 117 sf
Median building area 62 sf 62 sf
Median year built 1948 1926
Average number of units 16 17
Median number of units 2 3

Minnesota multi-family home total supply

There are 77,201 multi-family homes in Minnesota. This is 193% below the United States average. The total acerage is 59,763 acres and the aggregate building area for multi-family homes in Minnesota is 3,294,624 sf.

Supply United States Minnesota
Number of parcels 4,350,092 77,201
Aggregate lot acerage 94,551,558 59,763
Aggregate building area 1,565,102,894 sf 3,294,624 sf
Aggregate units 50,243,290 392,511

Minnesota multi-family home industrial mortgages

There are 94,244 mortgages for multi-family homes across Minnesota in the Reonomy database. The average value of those mortgages is $1,309,309. This is 5% below the United States average.

Debt United States Minnesota
Number of mortgages 10,168,853 94,244
Average value of mortgages $1,380,738 $1,309,309

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