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$395,000
6 Beds ⋅ 3 Baths ⋅ 7094932 MLS
Rare South Minneapolis Triplex Opportunity in the Heart of Longfellow/Cooper! Don’t miss this well-maintained and well-located triplex in the highly desirable Cooper neighborhood of South Minneapolis. This income-producing property features three separate units, each offering 2 bedrooms and 1 bathroom, providing strong rental appeal and flexible ownership options. The upper unit features beautiful hardwood floors and an additional porch room, while the side unit has been recently updated with new flooring and new bathroom plumbing. This property has recently seen several significant capital improvements, including a new roof, new main sewer line, plumbing, and updated furnaces—offering peace of mind and reducing major near-term expenses. With three separate forced-air furnaces and three water heaters, the building benefits from efficient independent utilities and simplified management. Situated on a corner lot, the property offers abundant off-street parking, basement storage, and owned coin-operated laundry for tenant convenience. The current tenants are month-to-month leases, with a unit available for an owner occupant. Whether you’re looking to expand your portfolio, owner-occupy, or house hack, this is an exceptional opportunity with immediate cash flow potential and long-term upside located in a vibrant neighborhood with excellent walkability to restaurants and shops.

3300 41st Avenue S, Minneapolis

Listing courtesy of Home Avenue Flat Fee Realty.

$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.

$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.

$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.

$1,145,000
11 Beds ⋅ 11 Baths ⋅ 7071343 MLS
3537 11th Ave S, Minneapolis, MN 55407 presents an exceptional opportunity to acquire a fully occupied 11-unit multifamily property in one of South Minneapolis’ strongest rental corridors. The building consists of spacious one-bedroom apartments and has maintained a long history of 100% occupancy with consistent tenant demand and active waiting lists, demonstrating the area’s strong need for affordable workforce housing. Located in the highly desirable Powderhorn Park neighborhood near parks, public transit, shopping, restaurants, and universities, the property attracts stable long-term renters including young professionals, students, healthcare workers, and service employees. The asset features updated units, controlled access, on-site laundry, security system, on-site parking in addition to abundant free street parking, and a strong operational history, providing dependable cash flow with additional upside through future rent growth and continued improvements. Current rents are below market, providing investors with a clear value-add opportunity to increase income and maximize returns through strategic rent adjustments while maintaining strong occupancy. Comparable multifamily properties in the immediate area continue to experience low vacancy rates and strong investor demand due to the neighborhood’s affordability, walkability, and accessibility, making this an outstanding opportunity for investors seeking a stabilized, income-producing asset with long-term appreciation potential in a proven Minneapolis rental market.

3537 11th Avenue S, Minneapolis

Listing courtesy of Universal Realty LLC.

$675,000
8 Beds ⋅ 4 Baths ⋅ 7069318 MLS
Prime Investment Opportunity in Whittier – Uptown Minneapolis Located in the highly sought-after Whittier neighborhood of Uptown Minneapolis, this well-maintained four-unit property presents an exceptional investment opportunity. Situated on an extra-wide 64-foot lot, the building combines spacious units, thoughtful updates, and a prime location known for strong and consistent rental demand—ideal for investors seeking reliable, long-term income. Property Highlights: Unit 1 & Unit 2: Two expansive 3-bedroom units featuring beautiful hardwood floors, cozy fireplaces, and tasteful updates throughout. Unit 1 has been recently enhanced with refinished floors, updated tile, modern cabinetry, and elegant granite countertops, offering both style and durability. Unit 3 (Top Floor): A bright and spacious 2-bedroom unit complete with a private deck, gas fireplace, and luxury vinyl flooring. The updated kitchen showcases sleek granite countertops, creating a modern and inviting living space that appeals to quality tenants. Lower-Level Studio: A well-designed studio apartment with its own egress, providing added safety and functionality. This unit also includes access to a utility room with owned coin-operated laundry, generating additional income potential. Parking & Improvements: The property includes three garage stalls along with ample off-street parking—a valuable amenity in this high-demand area. A brand-new roof installed in 2024 offers peace of mind and minimizes near-term capital expenses. Location & Investment Potential: Positioned in the heart of Uptown Minneapolis, residents enjoy close proximity to popular restaurants, shopping, parks, and convenient public transit. The Whittier neighborhood continues to attract renters, ensuring strong occupancy rates and stable cash flow. With its generous unit sizes, recent upgrades, and unbeatable location, this property stands out as a turnkey investment with excellent upside potential. Don’t miss this rare opportunity to own a high-performing multi-family property in one of Minneapolis’ most desirable rental markets. Schedule your showing today!

2017 Grand Avenue S, Minneapolis

Listing courtesy of Bridge Realty, LLC.

$2,995,000
7 Beds ⋅ 11 Baths ⋅ 7064564 MLS
Welcome to one of Lowry Hill’s most coveted jewels. Impeccably restored and meticulously maintained, this nearly half-acre all-brick estate blends stunning architecture, exceptional privacy, and livability in a premier setting. Sun-filled public rooms flow seamlessly, providing effortless indoor-outdoor living. French doors and porches open to multiple stone patios, terrace, decks and gorgeous mature oaks. The stunning two-story dream kitchen and open family room are the heart of the home, with tall custom cabinetry, expansive cararra marble island, four ovens, and so much more. Every generous bedroom is an ensuite, including four on the second level with laundry room. Retire to a luxuriously comfortable primary suite with its own living room, divine bath and a custom-designed dressing room. The third floor offers an additional ensuite, spacious exercise studio with sauna, steam room, bath and treetop deck, plus a fabulous craft room with full wall of built-ins. Enjoy evenings in the lower-level media room or cozy up to the beautiful bar in the billiards room. The 400-bottle, humidity-controlled wine cellar, secondary laundry room, walk-in vault. Even a tunnel to amazing storage in the sub-garage. On the main level, a 5-car heated and cooled garage, attached carriage house enters the spacious mud room with tall cubbies just off the kitchen. A magical 2800 sq ft, 2 bedroom, 2 bath attached apartment with separate entrance from garage, perfect for extended family, offers amazing flexibility and includes a full kitchen, spacious living and dining room and two decks. Fine craftsmanship and modern updates are evident throughout this impressive residence, including exquisite use of tile and multiple woodburning and gas fireplaces. Timeless, elegant and comfortable. Not to be missed!

1721 Mount Curve Avenue, Minneapolis

Listing courtesy of Edina Realty, Inc..

$276,000
6 Beds ⋅ 2 Baths ⋅ 7035408 MLS
Rare opportunity to acquire a classic up/down duplex in the heart of Minneapolis that has been under the same ownership since 1994. Situated on a double lot with a fenced yard, this property offers both stability and long-term upside potential. This well-laid-out duplex features two spacious units, each offering 3 bedrooms and 1 bathroom, with a total of 2,678 finished square feet. The upper unit showcases hardwood floors and an updated kitchen, while both units offer functional layouts and the highly desirable convenience of in-unit laundry, a major draw for tenants. The property is currently occupied by long-term tenants, providing immediate, reliable income. The main floor rents for $1,500 per month, and the upper unit rents for $1,650 per month. Residents pay their own electricity. Rents have not been increased to match current market levels, as ownership has prioritized tenant stability, presenting a clear opportunity for future value growth. The stucco exterior is complemented by a pitched roof. The windows were recently replaced through the city’s lead abatement program, adding long-term value and peace of mind. The property is heated by a boiler system, with a newer boiler (~ 5 years old) and water heater (~ 6 years old), helping reduce near-term capital expenses. An unfinished attic provides additional storage, and a detached shed offers further convenience for tenants. Located near public transit and just steps from a variety of restaurants, shopping, and neighborhood staples including Mercado Central and Ingebretsen’s, this property offers strong appeal for renters seeking convenience and walkability. Located in a highly walkable area near Powderhorn Park, this duplex offers strong fundamentals, stable tenancy, and meaningful upside, making it a solid addition to any investment portfolio.

3010 15th Avenue S, Minneapolis

Listing courtesy of Peritus Real Estate.

$680,000
8 Beds ⋅ 4 Baths ⋅ 7032128 MLS
Fully Renovated Fourplex | Turn-Key Investment Opportunity | Prime South Minneapolis Location Exceptional opportunity to own a recently renovated fourplex in the heart of South Minneapolis. This well-maintained multifamily property has undergone extensive interior and exterior improvements, making it a strong turn-key investment with additional value-add potential. The exterior has been completely refreshed, Improvements include brand-new siding, exterior paint, and new upper rear windows, along with a fully rebuilt upper balcony featuring new decking and flooring. The front porch flooring has been replaced and the stucco professionally restored, preserving the property’s character while enhancing durability. Common areas have also been updated with new carpeting on the stairways. Inside, the units have been thoughtfully remodeled, featuring new kitchens, updated bathrooms, new flooring, fresh paint, modern light fixtures, and efficient hot and cold mini-split systems. Each unit offers spacious layouts providing comfortable and functional living spaces. Major operational feature with four 75,000 BTU boilers, four high-capacity water heaters, four pressure tanks, updated electrical with split meters ideal management for owners. The property sits on a generous lot with off-street parking for up to 10 vehicles, a rare amenity in this central Minneapolis location. The building also includes two separate rear entrances in addition to the main front entry, providing convenient access for residents. There is also additional income potential, with the possibility of finishing the basement and installing coin-operated laundry machines, creating another revenue stream for investors. Located near parks, restaurants, shopping, public transportation, and major city routes, this property offers strong rental appeal and long-term investment potential.

1537 E 38th Street, Minneapolis

Listing courtesy of National Realty Guild.

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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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