Multifamily Property in Mounds
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7750 Silver Lake Rd, Mounds View, MN 55112
Multifamily property with 23 residences in Mounds View, Minnesota.
Property Size22,500 SF
Lot Size1.33 Acres
Days on Market189
Property Features for 7750 Silver Lake Rd
General Information
Standard status
Active
Size
22,500 SF
Lot size
1.33 Acres
Property subtype
Multifamily
Building Details
Year Built
1978
Buildings
1
Stories
3
Listing Agency:
Marcus & Millichap - Minneapolis
Listed By:
Michael Jacobs · License #MN: 40760249 CA: 01979550
Source:
Crexi
Added: Feb 4
Changed: Aug 8
Last Checked: Aug 8 at 6:33AM
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 Marcus & Millichap - Minneapolis
Investment Insights
Based on property information with market context.
Silverview Estates is a multifamily property located in Mounds View, Minnesota. Constructed in 1978, the property comprises 23 residences, including 11 one-bedroom units and 12 two-bedroom units. The residences average approximately 852 square feet and achieve average rents of $1,247 per month. The property is situated on a 1.33-acre site and features 33 surface parking spaces and 16 garage spaces. The property has been under the same ownership for 26 years and has been well maintained. Four years ago, comprehensive interior renovations were completed, including the installation of LVP flooring, dark mahogany cabinetry, and stainless steel appliances. In addition, a whole-building water softener was added in recent years to support plumbing preservation. The property is positioned within an established residential setting and benefits from convenient access to nearby parks and neighborhood amenities. Silverview Estates is within walking distance of Lakeside Lions Park, which offers a fishing pier, volleyball courts, and a baseball diamond along the shores of Spring Lake.
Key Highlights
- Well‑maintained property featuring comprehensive interior renovations completed 4 years ago, including LVP flooring, dark mahogany cabinetry, and stainless steel appliances.
- Strong parking offering with 33 surface spaces and 16 garage spaces.
- Convenient access to Lakeside Lions Park, offering a fishing pier, volleyball courts, and a baseball diamond.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with 23 residences in Mounds View, Minnesota.
Where is this apartment building located?
The property is located at 7750 Silver Lake Rd Mounds View, MN.
What are key features of this property?
This property features: Well‑maintained property featuring comprehensive interior renovations completed 4 years ago, including LVP flooring, dark mahogany cabinetry, and stainless steel appliances.; Strong parking offering with 33 surface spaces and 16 garage spaces.; Convenient access to Lakeside Lions Park, offering a fishing pier, volleyball courts, and a baseball diamond.
