Minneapolis · Commercial sale
Skye 1031 buys 36 9th St S in Minneapolis for $10.25 million
An apartment building at 36 9th St S, Minneapolis sold for $10,250,000 on September 23, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $10,250,000
- Sold
- September 23, 2026
- Property type
- Apartment building
- Lot size
- 8,712 sq ft
- Year built
- 1917
At $10,250,000, the apartment building at 36 9th St S in Minneapolis sold for 18% above its recorded market value, according to the Assessor's records.
The building sold on September 23, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue. The record lists LaSalle Residence, LLC as the seller and Skye 1031, LLC as the buyer.
The Assessor's records show a 1917 construction date and a 8,712-square-foot lot. The most recent earlier sale on record was $11,550,000 in 2006.
What this sale costs to close
What does closing cost at this price? Under Hennepin County custom the seller's larger charges are $34,850 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $18,912.50 for the owner's title insurance policy. The seller's estimated net is $10,113,624 before brokerage commissions and any loan payoff. A cash buyer would need about $10,168,278 at closing.
Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1923985. Property details: Hennepin County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
