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 $623,520. Multi-family home sale prices in Minnesota have a median of $214,663. The last 24 months of sales history has seen 9,525 sales, with 4,055 sales greater than $250,000, 847 sales valued at over $1,000,000, and 159 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 $910 $191
Median price/sqft $91 $89
Average sold price $1,680,682 $807,421
Median sold price $234,105 $214,663
Number of sales 391,282 9,525
Number of sales over $250k 188,191 4,055
Number of sales over $1m 56,456 847
Number of sales over $10m 10,038 159
Average total tax amount $12,318 $11,025
Average assessed value $708,103 $623,520
Average market value $996,768 $631,365

Minnesota multi-family home property averages

The average lot size of multi-family homes in Minnesota is 7,835 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 86,953 sf 53,282 sf
Median lot size 6,958 sf 7,835 sf
Average building area 804 sf 117 sf
Median building area 63 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 77,210 multi-family homes in Minnesota. This is 193% below the United States average. The total acerage is 60,441 acres and the aggregate building area for multi-family homes in Minnesota is 3,300,783 sf.

Supply United States Minnesota
Number of parcels 4,344,064 77,210
Aggregate lot acerage 94,718,679 60,441
Aggregate building area 1,603,419,642 sf 3,300,783 sf
Aggregate units 49,774,340 394,368

Minnesota multi-family home industrial mortgages

There are 95,049 mortgages for multi-family homes across Minnesota in the Reonomy database. The average value of those mortgages is $1,312,460. This is 6% below the United States average.

Debt United States Minnesota
Number of mortgages 10,182,090 95,049
Average value of mortgages $1,395,668 $1,312,460

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