8963 Syndicate Avenue — Sale in Circle Pines, MN
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Circle Pines, MN 55014
Photos
Description
Introducing a prime investment opportunity in Lexington, MN, close to restaurants, shopping, freeway access, and area amenities. This 8,960 SF multi-family property, located in Anoka County, boasts 16 units, with 15, 1BR/1BA units and one Studio Apartment. Built in 1960 and zoned R-4, this property offers in-place, below market rents plus an opportunity for continued building improvements in order to increase your Net Operating Income! A redevelopment opportunity exists for this parcel as it is surrounded by recent construction of larger apartment buildings. Listing Type: FOR SALE
Market Context
This multifamily in Circle Pines, MN is listed for sale. Compare it against other multifamily listings for sale in Circle Pines, MN — view the full market.
As of Q1 2026, the Minneapolis multifamily market showed a 6.1% vacancy rate, and average asking rents near $1557.00/unit/mo. Source: multiple brokerage reports, Q1 2026.
Multifamily market FAQ
- Is the Minneapolis multifamily market tightening or softening?
- Vacancy is around 6.1% (Q1 2026).
Contact
- Chad Heer, CCIM — KW Commercial | Roseville - Roseville MN 55113 · +16129635147 · chadheer@kwcommercial.com
- Chad Heer, CCIM · +16129635147 · chadheer@kwcommercial.com
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