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    Wayzata, MN
    Multifamily

    Wayzata, MN Multifamily Properties for Sale

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    Minnetonka, MN Orono, MN Plymouth, MN Long Lake, MN Excelsior, MN Medicine Lake, MN Corcoran, MN Medina, MN
    Duplex with Renovated Unit
    Updated: Nov 9
    Duplex with Renovated Unit

    305-307 Reno Street, Wayzata, MN 55391

    $774,900
    3,246 sqft 0.23 AC lot
    3,246 square feet across two duplex units
    0.23‑acre lot in Wayzata
    One unit renovated with a new kitchen, baths and windows, plus refinished hardwood floors
    Detached tandem garage provides 600 sq feet of parking and storage
    New roof with lifetime warranty; each unit has its own laundry
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    1 active listing matches your search: Multifamily for sale in Wayzata, 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.

    Side-by-Side Duplex with Basements
    Side-by-Side Duplex with Basements

    508 Shadyside Cir, Hopkins, MN 55343

    $450,000
    2,548 sqft

    Two residential units feature three-bedroom layouts, two bathrooms, and unfinished basement space for additional flexibility.

    View details
    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    2709 Virginia Avenue N, New Hope, MN 55427

    $550,000
    3,200 sqft 0.34 AC lot

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

    View details
    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.

    View details
    Multifamily Property
    Multifamily Property

    305 Jackson Ave N, Hopkins, MN 55343

    $489,900
    3,331 sqft

    Residential-Multi-Family zoning and finished interior space support a residential income-property configuration.

    View details

    Wayzata, MN Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Wayzata, MN on our real estate platform. These investment opportunities span a total of 3,246 square feet of properties for sale, with an estimated market value of $774,900.

    Sale prices for multifamily properties in Wayzata, MN average $774,900 — 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

    Duplexes 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) -5.2%
    Median Household Income $170,115
    College Educated 97.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55391 $799.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.71%
    Property Tax per SF $36.81 per SF
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

    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

    How Realmo verifies these figures

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