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1820 Colfax Avenue S, Minneapolis
$699,900
6 Beds ⋅ 7 Baths ⋅ 7079398 MLS
TP Healy single family with ADU Fixer-Upper in progress has been partially restored over the past years by an architect and current owner. While currently zoned as a duplex, the home can easily be restored to a single family with an Accessory Dwelling Unit (ADU).  The incredibly spacious main floor includes a primary suite.  The 2nd floor includes 3 bedrooms plus a great room space.  Or the great room could be a primary suite and create a Primary Suite Wing that would include primary bedroom, bath, dressing room and breakfast/wet bar.  3rd floor is mostly finished and easily readied for occupancy. The property is available now (as-is): an opportunity to take part in this historical renovation. Original maple hardwood floors cover much of the 2+ stories (except kitchens and baths). Original millwork has been stripped of its aged and oxidized finish - some refinished, some not but all of it impeccably Healy and in remarkable condition.   Much has been completed: new roof, architectural shingles plus multiple flat roofs have been replaced September 2025.  New water heater. Extensive electrical (no remaining knob/tube wiring) and HVAC zoning have been accomplished - 4 furnaces/zones - dividing the building into custom zones is possible for everyone's comfort (one working AC). Much of the plumbing has been replaced. Many of the original light fixtures and hardware for the main level have been retained and are ready for reinstallation. All stained glass windows are present (most original to the house). The front porch balusters and rails have been retained for refinishing and reinstallation. Both front porch and sunroom have newer foundations; front porch fully excavated; sunroom is a crawl space. An architectural addition was built to accommodate back stairs from the ground/garage level to the second floor. There is also a shaft built for a future elevator. Many kitchen appliances have been partially installed but never used. ***Offered in "as is" condition, the price reflects a remarkable opportunity for restoration enthusiasts or investors seeking substantial upside potential. This impressive residence awaits a new chapter—ready to be transformed and cherished for generations.

1820 Colfax Avenue S, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

3545 12th Avenue S, Minneapolis
$1,275,000
7088996 MLS
11-unit multifamily in Minneapolis's Corcoran neighborhood offered at $1,275,000 ($113,636/door). The property features a desirable mixed unit mix of 6 two-bedroom and 5 one-bedroom units with market rents of $1,400 and $1,100 respectively, delivering broad renter appeal in a stable primarily residential submarket with strong transit connectivity and consistent tenant demand. Recent capital upgrades include a brand new parking lot in 2025, newer boiler, updated water heaters, and numerous new appliances through energy efficiency programs in 2026. The property is part of the Minneapolis 4D program keeping taxes low. Some units have already been turned with additional value-add upside remaining, all on top of stable in-place cash flow and a potential NOI of $100,377. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Refer to OM for more information.

3545 12th Avenue S, Minneapolis

Listing courtesy of Commercial Investors Group LLC.

3540 11th Avenue S, Minneapolis
$1,250,000
7088981 MLS
11-unit all 1BR/1BA multifamily in Minneapolis's Powderhorn Park neighborhood offered at $1,250,000 ($113,636/door). Less than a block from Powderhorn Park's 66 acres of green space, lake, tennis courts, playgrounds, and recreation center, the property sits in one of the most tenant-friendly locations in the submarket. Recent capital upgrades include newer windows, updated electric panels, a newer boiler, and many units renovated within the last few years. The property is part of the Minneapolis 4D program providing low taxes and has received numerous new appliances through energy efficiency programs. Stable in-place cash flow with a potential NOI of $94,185 and clear value-add upside remaining on turns. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Refer to OM for more details.

3540 11th Avenue S, Minneapolis

Listing courtesy of Commercial Investors Group LLC.

3521 12th Avenue S, Minneapolis
$1,175,000
7088960 MLS
11-unit all 1BR/1BA multifamily in Minneapolis's Powderhorn Park neighborhood offered at $1,175,000 ($106,818/door). Less than a block from Powderhorn Park's 66 acres of green space, lake, athletic fields, and recreation center, the property sits in one of the strongest rental locations in the submarket. Recent capital upgrades include a newer water heater and mechanicals, new sewer piping, and new LVP flooring in the lower level. Many units have been renovated with additional upside remaining on long term tenant turns. The property carries a very low tax base as part of the Minneapolis 4D program. Potential NOI of $94,017 with stable in-place cash flow and a straightforward value-add path on turns at a basis that still pencils in today's market. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Refer to OM for more information.

3521 12th Avenue S, Minneapolis

Listing courtesy of Commercial Investors Group LLC.

3520 12th Avenue S, Minneapolis
$2,425,000
7088951 MLS
21-unit multifamily in Minneapolis's Powderhorn Park neighborhood offered at $2,425,000 ($115,476/door). This 1BR, 2BR, and studio building features on-site parking and shared laundry with current rents running below market, presenting immediate upside for a new owner. The most recent capital upgrade was a brand new roof in 2026, with newer mechanicals, a clean exterior, and numerous energy efficiency appliance upgrades through the Minneapolis 4D program which also keeps taxes low. Many units have already been remodeled with additional turns remaining, creating a clear and executable value-add path. Potential NOI of $193,648 with meaningful rent upside still on the table. Ideal for an operator or passive investor looking to deploy into a proven south Minneapolis value-add multifamily. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Refer to OM for more details.

3520 12th Avenue S, Minneapolis

Listing courtesy of Commercial Investors Group LLC.

3400 10th Avenue S, Minneapolis
$1,275,000
7088940 MLS
12-unit multifamily in Minneapolis's Powderhorn Park neighborhood offered at $1,275,000 ($106,250/door). Built in 1966, the property sits directly across from Powderhorn Park's tennis courts and 66 acres of green space, giving tenants immediate access to one of Minneapolis's most recognized parks. Recent capital upgrades include a brand new parking lot in 2025, a new boiler in 2026, newer water heater, and updated electrical. Many units have already been renovated and the property is part of the Minneapolis 4D program providing low taxes and numerous appliance upgrades. The mixed unit mix of 7 one-bedroom and 5 two-bedroom units delivers broad renter appeal with market rents of $1,125 and $1,325 respectively and a potential NOI of $100,318. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Refer to the Offering Memorandum for more information.

3400 10th Avenue S, Minneapolis

Listing courtesy of Commercial Investors Group LLC.

3021 Longfellow Avenue, Minneapolis
$1,225,000
7088925 MLS
12-unit all 1BR/1BA multifamily in Minneapolis's Corcoran neighborhood offered at $1,225,000 ($102,083/door). This two-story brick and stucco building sits on a large lot in one of south Minneapolis's most consistently occupied submarkets. The property has been steadily upgraded with newer electric panels, a new front concrete stoop, and many units remodeled. Part of the Minneapolis 4D program providing low taxes and energy saving appliance upgrades. Augsburg College, North Central University, and Abbott Northwestern Hospital are all within minutes, providing a steady and diverse renter demand base. Potential NOI of $97,662 with clear value-add upside remaining on turns. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Please review the OM for more information.

3021 Longfellow Avenue, Minneapolis

Listing courtesy of Commercial Investors Group LLC.

1016 N 5th Street, Minneapolis
$1,999,000
7088825 MLS

1016 N 5th Street, Minneapolis

Listing courtesy of Manarola LLC.

4009 E Lake Street, Minneapolis
$1,050,000
7082349 MLS

4009 E Lake Street, Minneapolis

Listing courtesy of Element Inc.

3346 Sheridan Avenue N, Minneapolis
$254,900
3 Beds ⋅ 2 Baths ⋅ 7078070 MLS
CREATIVE FINANCING AVAILABLE. Completely modernized 3-bed, 2-bath home featuring gleaming new hardwood floors, open-concept main floor, premium kitchen with a breakfast bar, and updated windows. Perfect for business owners or investors utilizing non-traditional guidelines. Home is vacant and easy to show.

3346 Sheridan Avenue N, Minneapolis

Listing courtesy of Howard Gangestad Real Estate.

3009 Emerson Avenue S, Minneapolis
$795,000
5 Beds ⋅ 1 Baths ⋅ 7083301 MLS
CM4 / Corridor 6 development site in South Minneapolis offering ~25,200 SF of by-right residential buildable area on a 5,913 SF lot. Six-story 5-over-1 building concept designed within all confirmed setbacks -- site plan review only, no variances required. Corridor 6 Built Form Overlay supports 4.26 FAR with 2 standard premiums and up to 84 feet height. Below-grade parking does not count toward FAR, enabling basement parking (accessed from rear alley) plus six full residential floors above. Preliminary massing supports 25-26 dwelling units, subject to final design and approvals. CM4 zoning permits four or more residential units by-right. Parking requirements are flexible due to transit corridor designation. Surface parking permitted in setback areas with screening. Existing structure is present and currently occupied but property is being marketed for land value and redevelopment. South side setback variance could unlock additional density to ~28,000 SF / ~28-30 units. Ideal for local and regional developers seeking by-right Corridor 6 density with strong rental fundamentals. Buyer to verify zoning, setbacks, FAR premiums, and development potential.

3009 Emerson Avenue S, Minneapolis

Listing courtesy of Aire LLC.

500 E Grant Street Unit 1902, Minneapolis
$424,900
2 Beds ⋅ 2 Baths ⋅ 7086274 MLS
Elevated above the city on the 19th floor, this stunning corner condo pairs sweeping Minneapolis skyline views with refined, modern living. Wrapped in natural light from multiple exposures, the open-concept layout frames the city as your daily backdrop, while rich hardwood floors and a sleek gas fireplace with floor-to-ceiling black tile create a warm yet contemporary living space. Enjoy the chef’s kitchen with granite countertops and stainless steel appliances, or step onto your private balcony to grill or unwind as the city unfolds below. Two heated underground parking stalls and generous guest parking ensure ease of living. Grant Park’s amenity collection completes the experience, offering a modern fitness center, indoor heated pool and spa, sauna, stylish community lounge, private storage, and rentable guest suites. With 24-hour front desk service and direct access to downtown Minneapolis, including the skyway, parks, dining, cultural venues, and major freeways, everything you need is moments away.

500 E Grant Street Unit 1902, Minneapolis

Listing courtesy of RE/MAX Results.

3810 Thomas Avenue N, Minneapolis
$289,900
4 Beds ⋅ 3 Baths ⋅ 7087867 MLS
This one checks the boxes: move-in ready, charm, space, and key updates already done. Just blocks from Victory Memorial Parkway, this classic Minneapolis home welcomes you with an enclosed front porch, bright living room, and true dining space, all wrapped in hardwood floors and original wood trim. The kitchen has been fully updated with granite countertops, stainless steel appliances, and plenty of cabinet and prep space. A main-floor bedroom plus half bath gives you an office, guest room, or playroom. Two additional bedrooms and a full bath upstairs keep the bedroom level together. The finished lower level adds a second living zone with a bedroom area and bathroom, ideal for guests, teens, or movie nights. Behind the scenes, central A/C was replaced in 2018 and the water heater in 2020, giving you peace of mind on big expenses. Owner is open to leaving all televisions and mounts with the home. Outside, you’ll find the rare combo of a usable backyard, patio, and an oversized 2-stall garage with room for cars, bikes, and all your Minnesota gear.

3810 Thomas Avenue N, Minneapolis

Listing courtesy of RE/MAX Results.

500 E Grant Street Unit 907, Minneapolis
$359,000
2 Beds ⋅ 2 Baths ⋅ 7088048 MLS
Enjoy the contemporary and timeless feel of this beautifully updated 9th floor unit.  New wood floors are amazing throughout the entry, living room, kitchen, dining and second bedroom/tv room.   Fabulous southern views allow plenty of natural light all day long. Updated lighting gives the perfect charm.  The spacious primary bedroom walks out to the balcony.  Private primary bath includes double sinks, separate bath and shower along with the walk-in closet.  The second bedroom has a large closet and is located on the opposite end of the unit for comfort and privacy, along with the second full bath.  Hunter Douglas blackout shades in both bedrooms with sheer louvered blinds underneath. This unit includes a gas range, stainless appliances, new dishwasher and separate laundry room with full size washer/dryer and shelving for more storage.  Grant Park residents enjoy 24 hr front desk service and security, heated secure parking and car wash, beautifully decorated outdoor gathering spaces with fire tables, dog/pet run, fitness center and spa, heated pool, hot tub, steam room and locker rooms. Enjoy the contemporary aesthetics of the newly remodeled main floor front entryway and lobby,  business center, large party room with fireplace and mailroom.  Abundant green space in the beautifully landscaped courtyard.

500 E Grant Street Unit 907, Minneapolis

Listing courtesy of Edina Realty, Inc..

901 S 2nd Street Unit 905, Minneapolis
$415,000
1 Beds ⋅ 1 Baths ⋅ 7087377 MLS
Welcome to the Zenith Condominiums! Rare 1BR penthouse on an exclusive top floor with only 5 residences. Quiet boutique building with an exceptionally well-managed HOA, strong reserves, and outstanding value. Freshly painted and featuring new custom automated blinds, sky-high ceilings, a cozy balcony and EV charging. HOA dues cover all utilities except electricity. Enjoy your surroundings: Gold Medal Park, Guthrie Theater, Saturday Farmer's Markets, Stone Arch Bridge, and so much more!

901 S 2nd Street Unit 905, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

301 Clifton Avenue Unit 1A, Minneapolis
$215,000
1 Beds ⋅ 1 Baths ⋅ 7087592 MLS
Ideally situated in historic Loring Park, Unit 1A offers the perfect combo of stylish living, convenient amenities, & location. This inviting residence features 12 ft ceilings, abundant natural light, & open layout that creates a welcoming atmosphere. The areas flow seamlessly together, while the thoughtfully designed kitchen offers ample cabinetry & workspace for everyday living & entertaining. A private outdoor patio just outside the sliding door provides the ideal setting for morning coffee or evening relaxation. Residents enjoy a variety of desirable amenities, including a welcoming lobby; fitness center, underground parking, & rooftop terrace featuring a community grill, comfortable gathering spaces, & sweeping 360 degree views of the downtown skyline. Commuting is effortless with convenient access to freeways.  Just outside, enjoy everything Loring Park has to offer, from scenic walking paths and year-round community events to beautiful green spaces in the heart of the city. The Walker Art Center and Minneapolis Sculpture Garden are only blocks away.  The home's central location also provides easy access to the North Loop, Northeast, & neighborhoods with acclaimed restaurants, vibrant nightlife, theaters, & Target Field & Target Center.

301 Clifton Avenue Unit 1A, Minneapolis

Listing courtesy of Edina Realty, Inc..

2304 Lake Place, Minneapolis
$1,280,000
4 Beds ⋅ 4 Baths ⋅ 7054879 MLS
A true sanctuary in the city. This home exudes warmth, charm and character. From the moment you step in, you will enjoy a sun filled environment creating warmth and calming. This home enjoys natural woodwork, classic details and features. Both formal, yet comfortable and ideal for gracious living and entertaining. You will love the two sunroom, one a the main floor and one up. The architecture is a wonderful blend of prairie-school and arts & crafts. Truly special! The lot is perfectly situated on Lake Place. This special street opens up the lot as it branches off Irving, and provides glorious sunlight. A very short stroll to Lake of the Isles. Features galore including an open, eat in kitchen, a first floor powder room, a completely finished lower level complete with office, ¾ bath and egress. The second floor has 4 bedrooms as well as a sunroom and meditation room. The yard and setting are classic and elegant. Come see this beautiful home celebrating the very best the city has to offer in terms of location, character and warmth.

2304 Lake Place, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

2827 Bryant Avenue N Unit 2, Minneapolis
$109,990
2 Beds ⋅ 1 Baths ⋅ 7087185 MLS
2-bedroom, 1-bath condo with convenient one-level living. This main-level unit features a brand-new in-unit washer and dryer, hardwood floors, stainless steel appliances, and a modern updated bathroom. Large windows fill the home with natural light. Conveniently located just minutes from downtown Minneapolis, the North Loop, and Theodore Wirth Park, with easy access to dining, shopping, trails, and major commuter routes. Easy to show. Quick close possible.

2827 Bryant Avenue N Unit 2, Minneapolis

Listing courtesy of Kris Lindahl Real Estate.

904 9th Avenue SE, Minneapolis
$384,900
6 Beds ⋅ 2 Baths ⋅ 7087225 MLS
Incredible Investment Opportunity! Very Clean Duplex! Very Close to the University of MN! Multiple Restaurants, Breweries, Shopping, and Easy Access to the Freeway! Both Units are 3 Bedroom, 1 Bathroom, with a Kitchen, Dining, and Living Room. Total of 6 Bedrooms and 2 Bathrooms. The Lower Level has Been Completely Renovated, Including New Kitchen Cabinetry, New Vinyl Plank Flooring, New Bathroom Vanity, New Carpet, and a New A/C Unit. The Updates on the Upper Level Include New Carpeting 4 Years Ago, New Paint, New Bathroom Vanity, and New Kitchen Flooring.

904 9th Avenue SE, Minneapolis

Listing courtesy of Chestnut Realty Inc.

433 S 7th Street Unit 1626, Minneapolis
$98,500
1 Beds ⋅ 1 Baths ⋅ 7086192 MLS
Value priced 16th floor unit in Centre Village Condominiums offers beautiful views of U.S. Bank Stadium and the Mpls skyline. The building is directly connected to the Minneapolis Skyway, providing convenient year-round access to offices, dining, shopping, and entertainment, and is just minutes from the METRO Blue Line, Mississippi River trails, and the all that downtown has to offer. The seller has already paid off the 2019–2020 HOA assessment for window upgrades and common area improvements. Centre Village residents enjoy a full range of amenities including an indoor pool, fitness center, outdoor patio with grilling area, game room, multiple common gathering spaces, laundry on every floor (free), and underground parking available for lease ($150–$200/month), making this an ideal opportunity for high-rise living with standout views and unmatched downtown access. HOA fee includes internet and cable! Welcome Home.

433 S 7th Street Unit 1626, Minneapolis

Listing courtesy of RE/MAX Results.

1613 E 24th Street, Minneapolis
$186,000
4 Beds ⋅ 2 Baths ⋅ 7086571 MLS
*Please note* Seller is Twin Cities Habitat for Humanity. Property is part of an affordable housing program and a Land Trust (CLCLT). Buyers must meet income and eligibility requirements with both TCHFH and CLCLT. Buyers must be first time homeowners and at 80% Area Median Income (AMI) or lower to qualify. Ask your agent to confirm with AMI chart included in supplement documents. All purchasers will be required to provide income documentation and obtain program approval. Property must be owner occupied. ***Down Payment Assistance available for eligible buyers using TruePath TCHFH Lending for financing*** Welcome home to this wonderful townhome in South Minneapolis! This home has been renovated with all new paint, doors, trim, carpet, kitchen cabinetry,  new appliances, and all new furnace.

1613 E 24th Street, Minneapolis

Listing courtesy of Assembly MN LLC.

2439 Park Avenue Unit F, Minneapolis
$274,900
4 Beds ⋅ 2 Baths ⋅ 7076719 MLS
Perfectly positioned in one of Minneapolis's most vibrant and walkable neighborhoods, this distinctive residence places the very best of the city right outside your door. Enjoy effortless access to Downtown and Uptown, explore the acclaimed restaurants, cafés, and nightlife of Eat Street, and immerse yourself in Minneapolis's renowned arts and culture scene with the Minneapolis Institute of Art, Walker Art Center, and American Swedish Institute just minutes away. Whether you're commuting, dining out, catching a show, or spending a day exploring the city's parks and lakes, this location offers an exceptional blend of convenience, culture, and urban energy. Equally impressive is the home itself, which combines timeless character with extensive modern updates. Fresh paint, smooth ceilings replacing outdated popcorn texture, updated fixtures, and numerous cosmetic enhancements create a polished, move-in-ready interior while preserving the unique charm that sets it apart from newer construction. Major recent improvements provide added peace of mind, including a new steel front door and Larson storm door (2021), a rebuilt Trex/PVC composite deck and entrance (Fall 2021), a new garage roof (2021), a new house roof (2024), and a new A/C system (2024). Offering the perfect combination of historic character, thoughtful updates, and an unbeatable Minneapolis location, this is city living at its finest.

2439 Park Avenue Unit F, Minneapolis

Listing courtesy of Keller Williams Preferred Rlty.

5200 Camden Avenue N, Minneapolis
$208,000
3 Beds ⋅ 1 Baths ⋅ 7086467 MLS
As low as 4.99% initial interest rate on this home with a 5/6 ARM when you finance with the seller’s preferred lender. Terms apply. Experience 5200 Camden Ave N, recently updated throughout with fresh interior paint and a modern kitchen providing all stainless steel appliances. The exterior grounds extend usability and comfort with a generous deck that leads to a securely fenced in backyard. This property perfectly blends modern updates with practical outdoor enjoyment. This home has been virtually staged to illustrate its potential.. Included 100-Day Home Warranty with buyer activation

5200 Camden Avenue N, Minneapolis

Listing courtesy of Opendoor Brokerage, LLC.

2632 35th Avenue S, Minneapolis
$340,000
3 Beds ⋅ 1 Baths ⋅ 7086164 MLS
Seward Seward Seward! Nestled in the vibrant Seward neighborhood of South Minneapolis, this pink stucco charmer with oak wooden floors 3-bedroom, 1-bathroom single-family home offers a perfect blend of comfort and convenience. This property has natural lighting, sky lights and built in closets, AS-IS family -friendly space to add value, short walk to the river. Located within walking distance to local shops, parks, and restaurants, and with easy access to public transportation, this home provides an exceptional urban living experience. Don't miss the opportunity to join the SEWARD community.

2632 35th Avenue S, Minneapolis

Listing courtesy of Keller Williams Realty Integrity.

222 2nd Street SE Unit 801, Minneapolis
$2,195,000
2 Beds ⋅ 3 Baths ⋅ 7071850 MLS
Perched high above St. Anthony Falls in the coveted Phoenix on the River, residence 801 is masterfully reimagined, with no expense spared in a recent comprehensive renovation inspired by Four Seasons Private Residences, and recreated by Branson Builders. Wide-plank French oak hardwood floors flow throughout the main living areas, setting an overall tone of understated luxury. The chef's kitchen is a true showpiece featuring custom walnut and Fenix cabinetry paired with honed Indian quartzite countertops and a full quartzite slab backsplash. The island, clad in matching stone with a cantilevered walnut bar top, anchors the space beautifully. Sub-Zero, Wolf, and Cove appliances complete the suite, including a Wolf induction cooktop (with gas line still plumbed if preferred). The powder room has been artfully designed with hand selected Gucci wall covering and Kohler fixtures. All bathrooms feature Kohler Purist plumbing. Both bedrooms are finished with new carpet and solid-core walnut doors throughout, adding warmth and weight to every room. Smart living is seamlessly integrated: centralized Lutron lighting with remote keypads and app control, zoned Nest thermostats, a whole-home Sonos AV system, and all-new LED recessed lighting. Every surface has been freshly painted. Enjoy Mississippi River, Minneapolis skyline and Nicollet Island views from your covered private corner patio finished with 3M artificial turf over a padded drainage underlayment. Additional highlights include cozy den space, large laundry room, excellent art walls and an extra large private storage room with shelving adjacent to the building's workshop and craft room, plus two side-by-side electrified parking stalls — a rare find in downtown condo living. Professional management, world-class amenities and unbeatable location, this residence is truly lock-and-leave luxury living at its finest.

222 2nd Street SE Unit 801, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

2314 Portland Avenue S, Minneapolis
$409,900
9 Beds ⋅ 3 Baths ⋅ 7075280 MLS
Excellent multifamily investment opportunity in a prime South Minneapolis location with long-term tenants! This well-maintained, large duplex at 2314 Portland Ave S, Minneapolis, MN 55404 offers spacious living arrangements with 5BR/2BA and 3BR/1BA units, separate entrances, and abundant off-street parking, a rare amenity in the urban core. The property combines strong functionality with excellent rental potential, making it ideal for both investors and owner-occupants seeking stable income and long-term appreciation. Spacious units, flexible layouts, and consistent tenant demand create an attractive opportunity in one of Minneapolis’ most accessible neighborhoods. Conveniently located near downtown Minneapolis, public transit, parks, restaurants, hospitals, and major employment corridors, this property offers outstanding connectivity and strong tenant appeal. Additional upside available through the City of Minneapolis 4D Affordable Housing Incentive Program, which can reduce property taxes by up to 40% annually if qualifying units are enrolled. The property is fully occupied with long-term tenants in place, providing stable and predictable income: Unit 1 (5BR/2BA): $2,050/month lease through May 31, 2027 Unit 2 (3BR/1BA): $1,750/month lease through March 31, 2027 Current Gross Rental Income: $3,800/month ($45,600 annually) Utilities: Trash & Water: $303.35/month Electric: $18/month Total Average Utilities: $321.35/month ($3,856 annually) Strong location, solid fundamentals, and future upside potential make this a compelling addition to any investment portfolio.

2314 Portland Avenue S, Minneapolis

Listing courtesy of Summit Realty LLC.

3605 S 3rd Avenue, Minneapolis
$389,900
7 Beds ⋅ 3 Baths ⋅ 7074993 MLS
Public Remarks: Fantastic investment opportunity in the desirable Central neighborhood of South Minneapolis! This classic triplex blends timeless character with solid income potential and long-term upside. The property features updated mechanicals, newer vinyl thermopane windows, and three income-producing units currently rented at $1,575, $1,590, and $1,000 per month. Located in a highly walkable and bike-friendly area near transit, parks, restaurants, and the Midtown Greenway, this property offers strong tenant appeal and convenient access to everything South Minneapolis has to offer. Ideal for an owner-occupant seeking supplemental rental income or an investor looking for a stable multifamily asset in the urban core. Opportunity to convert currently rented nonconforming unit to conforming through the addition of an exterior staircase. Additional financial upside available through the City of Minneapolis 4D Affordable Housing Incentive Program, which can reduce property taxes by up to 40% annually if qualifying units are enrolled. Strong cash flow, classic charm, and future upside make this a compelling opportunity in one of Minneapolis’ most connected neighborhoods.

3605 S 3rd Avenue, Minneapolis

Listing courtesy of Summit Realty LLC.

3500 1st Avenue S, Minneapolis
$725,000
12 Beds ⋅ 4 Baths ⋅ 7075302 MLS
Excellent opportunity to acquire a South Minneapolis multifamily portfolio with strong long-term upside potential in desirable urban neighborhoods. Properties offer a mix of stable cash flow, value-add opportunities, and proximity to transit, parks, restaurants, and major employment centers. Ideal for investors seeking scale, operational efficiency, and long-term appreciation within the Minneapolis urban core. Public Remarks: Exceptional investment opportunity in the heart of South Minneapolis! This well-maintained 4-plex at 3500 1st Ave S, Minneapolis, MN 55408 features four large 3-bedroom, 1-bath units with updated kitchens, stainless steel appliances, and separately metered utilities for streamlined management and tenant convenience. The property generates strong rental income with average rents of approximately $1,600 per month per unit, plus additional garage income from the detached 3-car garage at $75 per stall monthly. Spacious layouts, functional floorplans, and consistent rental demand make this an attractive long-term hold with excellent cash-flow potential. Ideally located near transit, restaurants, parks, shopping, and major Minneapolis amenities, this property offers both convenience and strong tenant appeal in a highly sought-after urban location. Additional upside potential through the City of Minneapolis 4D Affordable Housing Incentive Program, which allows a new owner to reduce property taxes by up to 40% annually by enrolling qualifying units. Perfect opportunity for investors seeking stable income and long-term appreciation or an owner-occupant looking to offset housing costs with substantial rental revenue.

3500 1st Avenue S, Minneapolis

Listing courtesy of Summit Realty LLC.

4415 Chowen Avenue S Unit 201, Minneapolis
$165,000
1 Beds ⋅ 1 Baths ⋅ 7084001 MLS
What a perfect location! You are in walking distance of everything: retail, restaurants, public transportation, and Lake Harriet. This move-in condition one bedroom condo oozes charm. The windows have been replaced in the past 5 years ,as has the dishwasher. Hardwood floors. Two window unit A/C's remain with the home. Shared washers and dryers are in the lower lever, as are a bike storage room and private storage locker. The one free assigned parking space is in the open lot behind the building; other parking is on the street.

4415 Chowen Avenue S Unit 201, Minneapolis

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

2421 Elliot Avenue, Minneapolis
$155,900
2 Beds ⋅ 2 Baths ⋅ 7083161 MLS
Nestled in the vibrant heart of Minneapolis' Phillips neighborhood, this residence offers the perfect blend of urban energy and tranquil escape. Once inside, you’ll love the open layout. The kitchen has newer cabinets, a new stove, and dishwasher with a cute breakfast nook, which flows nicely into the dining area and living room with a door to the back. The upper level features two bedrooms with big closets, a full bathroom, and more storage. Laundry is located in the lower level, which is unfinished with the exception of a ¾ bath, so there is potential to add more square footage with full height ceiling! Located near parks, shopping, downtown, the Mississippi River, and amazing Minneapolis restaurants. Simply move in, and enjoy.

2421 Elliot Avenue, Minneapolis

Listing courtesy of Joe Sorenson Realty.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

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