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 $280,346. Multi-family home sale prices in Minnesota have a median of $168,541. The last 24 months of sales history has seen 849 sales, with 137 sales greater than $250,000, 11 sales valued at over $1,000,000, and 0 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 $153.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $366 $158
Median price/sqft $112 $153
Average sold price $665,694 $233,373
Median sold price $194,964 $168,541
Number of sales 41,638 849
Number of sales over $250k 15,895 137
Number of sales over $1m 2,975 11
Number of sales over $10m 364 --
Average total tax amount $6,142 $3,764
Average assessed value $292,402 $280,346
Average market value $271,776 $280,044

Minnesota multi-family home property averages

The average lot size of multi-family homes in Minnesota is 8,712 sf. This is 21% above the United States average. The average building area is 122 sf and the median year built is 1982.

Property averages United States Minnesota
Average lot size 126,910 sf 196,924 sf
Median lot size 7,035 sf 8,712 sf
Average building area 591 sf 238 sf
Median building area 84 sf 122 sf
Median year built 1970 1982
Average number of units 30 6
Median number of units 2 --

Minnesota multi-family home total supply

There are 16,431 multi-family homes in Minnesota. This is 192% below the United States average. The total acerage is 18,742 acres and the aggregate building area for multi-family homes in Minnesota is 1,401,685 sf.

Supply United States Minnesota
Number of parcels 869,086 16,431
Aggregate lot acerage 3,251,309 18,742
Aggregate building area 160,197,492 sf 1,401,685 sf
Aggregate units 5,064,343 16,252

Minnesota multi-family home industrial mortgages

There are 492 mortgages for multi-family homes across Minnesota in the Reonomy database. The average value of those mortgages is $288,701. This is 95% below the United States average.

Debt United States Minnesota
Number of mortgages 82,926 492
Average value of mortgages $812,786 $288,701

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