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    Maple Plain, MN
    Multifamily

    Maple Plain, MN Multifamily Properties for Sale

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    Residential Property with Development Potential
    Updated: Sep 11, 2024
    Residential Property with Development Potential

    1635 Delano Ave, Maple Plain, MN

    Contact for pricing
    2,308 sqft 0.34 AC lot
    Multifamily zoning allows for development opportunities.
    Direct Hwy 12 access via Delano Avenue frontage.
    Potential for TIF financial support from the city.
    Suitable for multifamily development.
    Close proximity to amenities including post office, library, coffee shop, pub, hardware store, and local park.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Maple Plain, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial
    Commercial

    417 Hunter Drive, Watertown, MN 55388

    $1,595,000
    7,040 sqft

    Multifamily properties · 7,040 SF

    View details
    12-Unit Apartment Building
    12-Unit Apartment Building

    57 6th Avenue South, Hopkins, MN 55343

    $1,350,000

    Twelve apartment units with individually controlled HVAC and 13 on-site parking spaces, blocks from Downtown Hopkins Mainstreet.

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    Manufactured Housing Community
    Manufactured Housing Community

    604 White Street SW, Watertown, MN 55388

    Contact for pricing

    38-site manufactured housing community with in-place occupancy and potential for rent, utility reimbursement, and six new sites.

    View details
    Mixed-Use Downtown Property
    Mixed-Use Downtown Property

    1001 Main Street, Hopkins, MN 55343

    Contact for pricing
    0.25 AC lot

    Fully leased mixed-use property with street-front visibility, multiple commercial use capabilities, and two second-floor residential apartments.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land Parcel
    Commercial Development Land Parcel

    101 Morris Avenue, Hinckley, MN 55037

    $799,000
    9.20 AC lot

    Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

    View details
    Aitkin Lots & Land
    Aitkin Lots & Land

    L 3&4 B3 London Town, Aitkin, MN 56431

    Contact for pricing
    0.14 AC lot

    Double lot in Sherwood Forest with shared amenities.

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    Land for Multi-Family Housing
    Land for Multi-Family Housing

    1610 7th Avenue E, Alexandria, MN 56308

    $249,900
    2.16 AC lot

    2.16 acre lot zoned for multi-family housing development.

    View details
    Alexandria Lakeshore Property with Rental Opportunity
    Alexandria Lakeshore Property with Rental Opportunity

    5950 County Road 8 NW, Alexandria, MN 56308

    $798,500
    15.62 AC lot

    Lakeshore property with rental cabins and RV sites near Alexandria.

    View details

    Maple Plain, MN Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Maple Plain, MN on our real estate platform. These investment opportunities span a total of 2,308 square feet of properties for sale.

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    Demographics Overview

    Population 7,068
    Population Growth (5Y) +11.3%
    Median Household Income $129,508
    College Educated 7.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.16%
    Property Tax per SF $39.58 per SF
    Tax Rate vs County Average 0.87 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hennepin County

    New Delisted

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