Listing Agency: Coldwell Banker Crown Realtors Crosby

Listed By: Vern Lewis · License #MN

Source: Crexi

Added: Apr 11 Changed: Sep 2 Last Checked: Sep 4 at 10:53PM

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Investment Insights

Based on property information with market context.

Located at 16440 Main Street in Riverton, this six-unit apartment building includes large one-bedroom apartments with outdoor patios. The property encompasses 4.06 acres and overlooks Little Rabbit Lake.

Key Highlights

• Six‑unit apartment building on 4.06 acres
• Large one‑bedroom apartments
• Outdoor patios

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11

Businesses Nearby

Explore this area Business Placement

Demographics for 56455, MN

1,692

Population

820

Households

2.1

Avg Household Size

43

Median Age

21%

College-Educated

91%

High-School Grad

24.5 sq mi

ZIP Area

69

Density / Sq Mi

$65,962

Median Household Income

$36,293

Median Earnings

$994

Median Rent

$200,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Apartment building - One-bedroom apartments feature outdoor patios and overlook Little Rabbit Lake.

Where is this apartment building located?

The property is located at 16440 Main Street Riverton, MN.

What are key features of this property?

This property features: Six‑unit apartment building on 4.06 acres; Large one‑bedroom apartments; Outdoor patios