One of the foremost important fundamental rights’ ensuring a person’s healthy existence is that the right to quality housing. The Latvian housing market is characterized by a high proportion of residential properties owned by private persons; moreover, residents mostly own apartments instead of other types of real estate. The actuality of the study is that Latvia faces significant social and economic challenges over the next 20 years with respect to the structural weakening of its multi storeyed residential building stock. The aim of the study is to analyse the multi-storeyed apartment building management features, problems in the management and solutions for the problems raised. The following tasks that have been set for the study: to determine theoretical approaches by using scientific literature and other sources, to analyse the system of influencing factors of apartment building property management, to analyse the problems of apartment building property management, to collect quantity data on the object’s findings, to draw solutions for the problems in apartment building property management, to make a general conclusion and to work out improvement proposals. The object of the study is the management of multi-storeyed apartment buildings in Latvia, the subject – the features and problems in the multi-storeyed apartment buildings in Latvia and the solutions for the problems found out during the study. The study is based on both published and unpublished sources, books on building management and real estate management, publications, scientific articles of international conferences, European Union Laws, regulations, laws, information relating to the Latvian economy construction industry, Ministry of economy of Latvia, different internet sources and interviews of experts.