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Hanson Court Apartment Building
For Sale
Contact for pricing
Pending

5324 Hanson Ct N, Minneapolis, MN 55429

The property dates to 1961 and may be acquired independently or alongside a nearby apartment property.

Property SizeContact for details
Days on Market265

Property Features for 5324 Hanson Ct N

General Information

Standard status Pending
Class C
Property subtype Multifamily
Occupancy 85%

Additional Details

Multifamily Units 68

Building Details

Year Built 1961
Buildings 3
Stories 3
Units 33
Listing Agency: Northmarq Capital, LLC
Listed By: Dylan Steman · License #MN 40691606
Source: Crexi
Added: Dec 13, 2025 Changed: Sep 2 Last Checked: Aug 31 at 11:57PM

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 Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

Hanson Court is an apartment building at 5324 Hanson Ct N in Minneapolis, Minnesota. Constructed in 1961, the property is offered either as an individual acquisition or together with Highland Gables, another apartment property located two miles away.

The offering structure allows the properties to be evaluated separately or as a combined transaction. The source information also identifies assumable debt as part of the opportunity.

Key Highlights

  • Apartment building constructed in 1961
  • Available for acquisition individually or with Highland Gables
  • Highland Gables is located two miles from Hanson Court

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Garden Center HVAC Service 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.

Lease Details

68
Residential units

Location Intelligence

Trade Area within ½ mile

901
Businesses Nearby

Demographics for 55429, MN

28,755
Population
10,529
Households
2.7
Avg Household Size
34
Median Age
24%
College-Educated
88%
High-School Grad
6.0 sq mi
ZIP Area
4,793
Density / Sq Mi
$66,661
Median Household Income
$40,255
Median Earnings
$1,253
Median Rent
$267,900
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 - The property dates to 1961 and may be acquired independently or alongside a nearby apartment property.
Where is this apartment building located?
The property is located at 5324 Hanson Ct N Minneapolis, MN.
What are key features of this property?
This property features: Apartment building constructed in 1961; Available for acquisition individually or with Highland Gables; Highland Gables is located two miles from Hanson Court
More about this property
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