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11-Unit Brick Apartment Building
New
For Sale
$1,370,000

8061 Pleasant View Drive NE, Spring Lake Park, MN 55432

A two-bedroom and one-bedroom mix is complemented by garage parking, surface spaces, storage lockers, and owner-owned laundry machines.

Property SizeContact for details
Days on Market4

Property Features for 8061 Pleasant View Drive NE

General Information

Standard status Active
Property subtype Commercial
Zoning Residential-Multi-Family

Taxes and HOA fees

Annual Taxes $17,740

Building Details

Year Built 1971
Buildings 3
Units 11
Listing Agency: MRG Realty Partners, LLC
Listed By: David B Dirkers · License #40585691
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 3:35PM

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

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Investment Insights

Based on property information with market context.

Pleasant View Manor is an 11-unit brick apartment building in Spring Lake Park, completed in 1971. The property contains six one-bedroom apartments measuring 685 SF each and five two-bedroom apartments at 928 SF apiece.

Residents have access to 11 detached garage stalls, 11 surface parking spaces, storage lockers, and laundry machines owned with the property. The building is zoned Residential-Multi-Family and is offered as part of a three-building portfolio.

Key Highlights

  • 11‑unit brick apartment building built in 1971
  • Six one‑bedroom apartments at 685 SF and five two‑bedroom apartments at 928 SF
  • 11 detached garage stalls and 11 surface parking spaces

Location Intelligence

Trade Area within ½ mile

449
Businesses Nearby

Demographics for 55432, MN

33,022
Population
13,575
Households
2.4
Avg Household Size
37
Median Age
30%
College-Educated
92%
High-School Grad
9.9 sq mi
ZIP Area
3,336
Density / Sq Mi
$77,985
Median Household Income
$48,417
Median Earnings
$1,308
Median Rent
$278,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A two-bedroom and one-bedroom mix is complemented by garage parking, surface spaces, storage lockers, and owner-owned laundry machines.
Where is this apartment building located?
The property is located at 8061 Pleasant View Drive NE Spring Lake Park, MN.
What is the asking price?
The asking price for this property is $1,370,000.
What are key features of this property?
This property features: 11‑unit brick apartment building built in 1971; Six one‑bedroom apartments at 685 SF and five two‑bedroom apartments at 928 SF; 11 detached garage stalls and 11 surface parking spaces
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