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50-Unit Apartment Property
For Sale
Contact for pricing
Pending

8400 Minnetonka Blvd, Minneapolis, MN 55426

The property combines multiple apartment buildings with a single-family home on a consolidated site.

Property SizeContact for details
Lot Size1.74 Acres
Days on Market144

Property Features for 8400 Minnetonka Blvd

General Information

Standard status Pending
Lot size 1.74 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 50

Building Details

Buildings 4
Listing Agency: Coldwell Banker Realty Crocus Hill
Listed By: Kirk Kenneally · License #MN 40416605
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 5:00AM

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 Coldwell Banker Realty Crocus Hill

Investment Insights

Based on property information with market context.

This apartment property contains 50 units across two 11-unit buildings and one 27-unit building, along with a single-family home. The improvements occupy 1.74 acres, creating a consolidated multifamily site with varied building configurations.

The property is adjacent to the Cedar Bike Trail at 8400 Minnetonka Blvd in Minneapolis. Development within a half mile includes the Texa-Tonka strip center and new apartment construction, adding established and expanding activity to the surrounding area.

Key Highlights

  • 50‑unit apartment property with two 11‑unit buildings, one 27‑unit building, and one single‑family home
  • Situated on 1.74 acres
  • Adjacent to the Cedar Bike Trail

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Garden Center HVAC Service Daycare Center

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

50
Residential units

Location Intelligence

Trade Area within ½ mile

425
Businesses Nearby

Demographics for 55426, MN

26,716
Population
12,099
Households
2.2
Avg Household Size
36
Median Age
56%
College-Educated
97%
High-School Grad
6.6 sq mi
ZIP Area
4,048
Density / Sq Mi
$96,887
Median Household Income
$59,925
Median Earnings
$1,512
Median Rent
$345,000
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 combines multiple apartment buildings with a single-family home on a consolidated site.
Where is this apartment building located?
The property is located at 8400 Minnetonka Blvd Minneapolis, MN.
What are key features of this property?
This property features: 50‑unit apartment property with two 11‑unit buildings, one 27‑unit building, and one single‑family home; Situated on 1.74 acres; Adjacent to the Cedar Bike Trail
More about this property
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