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Apartment Building with Detached Garages
For Sale
$2,210,000

5284 Greenfield Avenue, Mounds View, MN 55112

A one-acre corner property offers a mix of one- and two-bedroom apartments, on-site laundry, storage lockers and parking.

Property SizeContact for details
Days on Market12

Property Features for 5284 Greenfield Avenue

General Information

Standard status Active
Property subtype Commercial
Lease Term []

Building Details

Year Built 1970
Buildings 3
Listing Agency: MRG Realty Partners,LLC
Listed By: David B Dirkers · License #40585691
Source: C21atwood
Added: Oct 3 Changed: Oct 13 Last Checked: Oct 12 at 8:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MRG Realty Partners,LLC

Investment Insights

Based on property information with market context.

Brentwood Terrace is a 17-unit apartment building constructed in 1970 on a one-acre corner lot. The unit mix includes five one-bedroom apartments at 725 SF each and 12 two-bedroom apartments at 925 SF each. On-site features include 12 detached garage stalls, 34 surface parking spaces, storage lockers and an owned laundry room.

The property is located in Mounds View, Minnesota, at 5284 Greenfield Avenue. It is offered as part of a three-building portfolio; the other two buildings are listed under MLS 7154368 and MLS 7154370.

Key Highlights

  • 17 apartments: five one‑bedroom units at 725 SF and 12 two‑bedroom units at 925 SF
  • Built in 1970 on a one‑acre corner lot in Mounds View
  • 12 detached garage stalls and 34 surface parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Storage Facility Locksmith Bakery Law Firm

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

272
Businesses Nearby

Demographics for 55112, MN

46,728
Population
17,956
Households
2.6
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
17.5 sq mi
ZIP Area
2,670
Density / Sq Mi
$93,823
Median Household Income
$47,676
Median Earnings
$1,322
Median Rent
$338,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - A one-acre corner property offers a mix of one- and two-bedroom apartments, on-site laundry, storage lockers and parking.
Where is this apartment building located?
The property is located at 5284 Greenfield Avenue Mounds View, MN.
What is the asking price?
The asking price for this property is $2,210,000.
What are key features of this property?
This property features: 17 apartments: five one‑bedroom units at 725 SF and 12 two‑bedroom units at 925 SF; Built in 1970 on a one‑acre corner lot in Mounds View; 12 detached garage stalls and 34 surface parking spaces
More about this property
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