Multifamily

Excelsior, MN Multifamily Properties for Sale

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Updated Duplex
Updated: Oct 8
Updated Duplex

5570 & 5580 Shorewood Lane, Excelsior, MN 55331

$574,900
2,230 sqft 0.46 AC lot
Duplex with 2,230 square feet on 0.46 acres
Two residences updated with interior finishes and appliances in 2026
Six bedrooms listed across the property’s room details
Forced‑air heating; furnaces installed within the past five years
Attached garage, driveway parking and patio
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1 active listing matches your search: Multifamily for sale in Excelsior, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fourplex Near Lake Minnetonka
Fourplex Near Lake Minnetonka

5243 Eden Road, Mound, MN 55364

$860,000
8,016 sqft

Four residential units allow an owner to occupy one and lease the other three.

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Duplex with Central Air
Duplex with Central Air

6980 Alpine Trl, Eden Prairie, MN 55346

$575,000
2,544 sqft

Two-unit property offering in-unit laundry, two bathrooms per unit, and front and rear yards.

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Two-Unit Duplex with Garages
Two-Unit Duplex with Garages

5017-5019 Shoreline Drive, Mound, MN 55364

$399,000
2,412 sqft

Each residence includes private laundry and a garage; one recently renovated unit is vacant and ready for occupancy.

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Eden Prairie Townhome Community
Eden Prairie Townhome Community

8254 Windsong Dr, Eden Prairie, MN 55344

Contact for pricing
82,500 sqft 9.50 AC lot

Seventeen townhome buildings in a desirable Eden Prairie neighborhood.

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Excelsior, MN Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Excelsior, MN on our real estate platform. These investment opportunities span a total of 2,230 square feet of properties for sale, with an estimated market value of $574,900.

Sale prices for multifamily properties in Excelsior, MN average $574,900 — 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

Duplexes 1

Demographics Overview

Population 19K
Population Growth (5Y) +4.4%
Median Household Income $160,029
College Educated 99.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55331 $574.9K

Taxes & Financing

Tax Rate (average for all types) 2.73%
Property Tax per SF $26.95 per SF
Tax Rate vs County Average 0.30 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hennepin County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Hennepin County

Residential Income

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