Minneapolis, MN Apartment Buildings for Sale

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Updated: Jul 13

Five-Unit Multifamily Building

2445 Aldrich Avenue S, Minneapolis, MN 55405

$1,095,000

7,253 sqft

Five‑unit multifamily built in 1911 with four 2BR/1BA units and one top‑floor 4BR/1BA unit
Original hardwood floors and built‑ins in the building
All units remodeled within the last 10–12 years
Front and back porches provide additional outdoor living space
Close to Uptown, Downtown Minneapolis, and the Chain of Lakes

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2445 Aldrich Avenue S, Minneapolis, MN 55405

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$97K
Annual
Price @ 7% Cap

$1.39M
Above asking
Property Type

Apartments (Generic)
Built 1911

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Updated: Mar 31

Mixed-Use Building with Warehouse

1844 Central Avenue NE, Minneapolis, MN 55418

$3,500,000

0.52 AC lot

19‑unit mixed‑use building with 12 residential, 6 commercial, and 1 warehouse unit
Residential mix includes 8 one‑bedroom and 4 two‑bedroom units
0.52‑acre corner lot measuring 128 x 174
Located on a high‑volume arterial road near downtown Minneapolis
Brick or stone and stucco exterior with forced‑air heating

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Minneapolis Multifamily Development Opportunity

1008 29th Avenue NE, Minneapolis, MN 55418

$239,900

0.20 AC lot

12-unit apartment building development under review in Minneapolis.

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12-Unit Apartment Building with Parking

1500 10th Avenue S, Minneapolis, MN 55404

$1,300,000

10,020 sqft

Well-maintained 12-unit property with spacious one-bedroom layouts and off-street parking for one car per unit.

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Minneapolis Multifamily Investment Opportunity

4525 4th Avenue S, Minneapolis, MN 55419

$1,020,000

5,070 sqft

Well-maintained 8-unit apartment building in desirable Minneapolis location.

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Multifamily Building Across from Park

3400 10th Avenue S, Minneapolis, MN 55407

$1,275,000

7,208 sqft

12-unit multifamily building built in 1966 with direct access to Powderhorn Park tennis courts and green space.

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10-Unit Apartment Building with Shared Laundry

3125 3rd Avenue S, Minneapolis, MN 55408

$985,000

9,450 sqft

A well-cared-for 10-unit building offers 1-bedroom, 1-bath layouts with shared laundry facilities.

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21-Unit Multifamily Building

2637 Pleasant Avenue, Minneapolis, MN 55408

$2,500,000

20,700 sqft

Brick and stucco 21-unit apartment building with a mix of studios and 1- and 2-bedroom units.

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New Multifamily Asset Near MCAD

2413 1st Ave S, Minneapolis, MN 55404

$1,950,000

7,530 sqft

New construction multifamily property near Minneapolis College of Art and Design.

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Remodeled Five-Unit Apartment Building

3407 Lyndale Avenue S, Minneapolis, MN 55408

$899,000

6,543 sqft

Extensively remodeled five-unit building with four two-bedroom units and one three-bedroom unit, all currently leased.

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Mixed-Use Property with Apartments

221-225 Cedar Ave S, Minneapolis, MN 55454

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14,031 sqft

Restaurant space paired with residential units creates a combined commercial and residential configuration.

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Updated 5-Unit Apartment Building

3311 Fremont Avenue N, Minneapolis, MN 55412

$500,000

4,992 sqft

Turnkey 5+ unit building with updated 1-bedroom units, basement studio flexibility, and tenant surface parking in back.

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Whittier Neighborhood Updated Condo

2530 1st Avenue S #N202, Minneapolis, MN 55404

$107,000

524 sqft

Updated 1-bedroom condo in Whittier, close to Eat Street.

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Penthouse Corner Unit with Views

317 Groveland Avenue #705, Minneapolis, MN 55403

$460,000

1,404 sqft

Penthouse with views, open floor plan, and heated parking.

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Seward Multifamily Investment Opportunity

2020 E Franklin Avenue, Minneapolis, MN 55404

$1,899,900

20,400 sqft

Multifamily property in Seward neighborhood with 16 rental units.

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33-Unit Apartment Community

2631 Columbus Avenue South, Minneapolis, MN 55407

Contact for pricing

24,678 sqft

Stabilized 33-unit multifamily community with large one-bedroom apartments, remodeled units, and a new roof installed June 2026.

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Well-Maintained 10-Unit Apartment Building

3554 17TH AVE S, Minneapolis, MN 55407

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8,418 sqft

Turnkey, well-kept 10-unit building with off-street parking and in-place RUBS; utilities are billed back to tenants.

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Richfield Multifamily Investment Opportunity

7427 Penn Ave S, Minneapolis, MN 55423

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10,649 sqft

21-unit apartment building in desirable Richfield submarket.

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11-Unit Residential Apartment Building

3010 20th Ave S, Minneapolis, MN 55418

$1,125,000

11 one-bedroom, one-bath units in an all-residential multifamily building near Lake Street/Midtown light rail.

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14-Unit Apartment Brownstone

3322 Blaisdell Avenue, Minneapolis, MN 55408

$1,499,900

Professionally managed 14-unit brownstone with updated studios and one-bedrooms and 15 off-street parking spaces.

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5-Unit Apartment Building

2715 Hennepin Ave, Minneapolis, MN 55408

$800,000

Five-unit apartment building on Hennepin Avenue in Uptown Minneapolis with ongoing in-place income.

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Historic Minneapolis Apartment Community

1502 Laurel Ave W, Minneapolis, MN 55403

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90,156 sqft

Fully stabilized, 66-unit apartment community in walkable Minneapolis location.

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Design-Forward Multifamily Apartment Community

907 Winter St NE, Minneapolis, MN 55413

$5,700,000

Curated multifamily community with all-electric systems and solar to help reduce operating expenses.

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Two-Story Multifamily Building

3021 Longfellow Ave, Minneapolis, MN 55407

$1,225,000

A 12-unit, two-story brick and stucco property near transit and major employment centers for long-term rental demand.

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Minneapolis, MN Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Minneapolis, MN, showcased through 51 active listings on our real estate platform. These investment opportunities span a total of 287,984 square feet of properties for sale, with an estimated market value of $34,510,400.

Sale prices for two-family homes in Minneapolis, MN start at $74,900, averaging $1,232,514, and reaching up to $5,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 1.13M

Population Growth (5Y) +11.2%

Median Household Income $93,401

College Educated 49.8%

High-Yield Neighborhoods for Investment

Identify Minneapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
55418	$239.9K
55403	$470K
55412	$500K
55404	$927.4K
55417	$939.9K

Taxes & Financing

Tax Rate (average for all types) 2.98%

Property Tax per SF $22.67 per SF

Tax Rate vs County Average 0.02 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hennepin County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Minneapolis fall within the 10,000 to 25,000 square foot range.

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