Multifamily

New Hope, MN Multifamily Properties for Sale

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4-Unit Quadplex
Updated: Sep 28
4-Unit Quadplex

2733 Virginia Avenue N, New Hope, MN 55427

$550,000
3,200 sqft 0.37 AC lot
Four rental units, all currently leased
3,200 square feet of building area
0.37‑acre parcel
Built in 1965
Hot water heating
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Four-Unit Multifamily Property
Updated: Sep 28
Four-Unit Multifamily Property

2709 Virginia Avenue N, New Hope, MN 55427

$550,000
3,200 sqft 0.34 AC lot
Four residences, all currently leased
3,200‑square‑foot building on 0.34 acres
Seven bedrooms and four bathrooms
Built in 1965; hot‑water heating
Laundry room on site
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Four-Unit Apartment Property
Four-Unit Apartment Property

2701 Virginia Avenue N, New Hope, MN 55427

$550,000
3,200 sqft 0.32 AC lot

All four residences are leased, with hot-water heating and on-site parking.

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See hot listings in New Hope

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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3 active listings match your search: Multifamily for sale in New Hope, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Duplex with Separate Apartment
Duplex with Separate Apartment

4565 Toledo Avenue N, Robbinsdale, MN 55422

$599,900
4,851 sqft 0.50 AC lot

A self-contained apartment has its own address and separately metered utilities.

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Triplex with Private Deck
Triplex with Private Deck

4333 Beard Avenue S, Minneapolis, MN 55410

$725,000
4,732 sqft

A three-unit property combines two-bedroom apartments with a studio and period interior details.

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13-Unit Apartment Building
13-Unit Apartment Building

1900 Vincent Avenue N, Minneapolis, MN 55411

$1,250,000
0.41 AC lot

The property includes office/flex space and three garages alongside its apartment units.

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Duplex with Detached Garage
Duplex with Detached Garage

4162 Adair Avenue N, Robbinsdale, MN 55422

$439,900
3,604 sqft 0.19 AC lot

Two separate residences include finished lower-level space and laundry, with a detached garage serving the property.

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New Hope, MN Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in New Hope, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,600 square feet of properties for sale, with an estimated market value of $1,650,000.

Sale prices for multifamily properties in New Hope, MN average $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Quadplexes 3

Demographics Overview

Population 57K
Population Growth (5Y) +6.0%
Median Household Income $78,901
College Educated 50.6%

High-Yield Neighborhoods for Investment

Identify New Hope submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Minneapolis - 55427 $550K

Listings Trend

New vs delisted commercial listings in Hennepin County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Hennepin County

Residential Income

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