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 $642,578. Multi-family home sale prices in Minnesota have a median of $209,973. The last 24 months of sales history has seen 9,778 sales, with 4,072 sales greater than $250,000, 845 sales valued at over $1,000,000, and 165 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 $88.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $1,109 $186
Median price/sqft $91 $88
Average sold price $1,832,451 $828,877
Median sold price $235,760 $209,973
Number of sales 394,631 9,778
Number of sales over $250k 190,624 4,072
Number of sales over $1m 57,029 845
Number of sales over $10m 10,389 165
Average total tax amount $12,449 $11,739
Average assessed value $768,161 $642,578
Average market value $1,526,854 $644,775

Minnesota multi-family home property averages

The average lot size of multi-family homes in Minnesota is 7,891 sf. This is 12% above the United States average. The average building area is 62 sf and the median year built is 1927.

Property averages United States Minnesota
Average lot size 86,735 sf 55,891 sf
Median lot size 6,967 sf 7,891 sf
Average building area 845 sf 120 sf
Median building area 63 sf 62 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 79,359 multi-family homes in Minnesota. This is 192% below the United States average. The total acerage is 64,952 acres and the aggregate building area for multi-family homes in Minnesota is 3,499,036 sf.

Supply United States Minnesota
Number of parcels 4,362,507 79,359
Aggregate lot acerage 94,836,189 64,952
Aggregate building area 1,690,177,758 sf 3,499,036 sf
Aggregate units 49,569,012 394,853

Minnesota multi-family home industrial mortgages

There are 96,619 mortgages for multi-family homes across Minnesota in the Reonomy database. The average value of those mortgages is $1,311,831. This is 5% below the United States average.

Debt United States Minnesota
Number of mortgages 10,586,379 96,619
Average value of mortgages $1,390,061 $1,311,831

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