Excelsior, MN Multifamily properties for sale

Updated: May 22

Updated Duplex Income Property

5570 & 5580 Shorewood Lane, Excelsior, MN 55331

$599,000

2,230 sqft · 0.46 AC lot

Duplex built in 1968 with wood exterior and shingle roof
Major 2010 exterior updates: new columns, shutters, paint, professional landscaping, and a 35‑year Timberline roof
Recent 2026 interior updates: new carpet and luxury vinyl plank flooring, full interior paint, and new appliances
Mechanical updates include newer furnaces installed within the past five years
Each home includes forced‑air heating, well water, driveway parking, and an attached garage

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Excelsior, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Duplex with Vacant Owner-Occupy Side

11 16th Avenue N, Hopkins, MN 55343

$549,900

2,566 sqft · 0.18 AC lot

One unit is vacant for owner-occupancy, with the other rented and both featuring in-unit washer and dryer.

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Side-by-Side Duplex with Unfinished Basement

508 Shadyside Circle, Hopkins, MN 55343

$470,000

2,548 sqft · 0.18 AC lot

Side-by-side duplex featuring two 3-bedroom, 2-bath units with unfinished basements for flexible layout options.

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Premier Townhome Community Investment Opportunity

8254 Windsong Dr, Eden Prairie, MN 55344

Contact for pricing

72,800 sqft · 9.50 AC lot

Seventeen townhome buildings in Eden Prairie, Minnesota, offered as portfolio.

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Eden Prairie Townhome Community

8254 Windsong Dr, Eden Prairie, MN 55344

Contact for pricing

82,500 sqft

Seventeen townhome buildings in a desirable Eden Prairie neighborhood.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Development Land Off Freeway

101 Morris Avenue, Hinckley, MN 55037

$799,000

9.20 AC lot

Multi-purpose acreage near the freeway offers flexibility for a range of development concepts.

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Aitkin Lots & Land

L 3&4 B3 London Town, Aitkin, MN 56431

Contact for pricing

0.14 AC lot

Double lot in Sherwood Forest with shared amenities.

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Land for Multi-Family Housing

1610 7th Avenue E, Alexandria, MN 56308

$249,900

2.16 AC lot

2.16 acre lot zoned for multi-family housing development.

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Alexandria Lakeshore Property with Rental Opportunity

5950 County Road 8 NW, Alexandria, MN 56308

$798,500

15.62 AC lot

Lakeshore property with rental cabins and RV sites near Alexandria.

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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 $599,000.

Sale prices for multifamily properties in Excelsior, MN start at $599,000, averaging $599,000, and reaching up to $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
55331	$599K

Neighborhood

Average Price

55331

$599K

Excelsior, MN Multifamily Properties for Sale

5570 & 5580 Shorewood Lane, Excelsior, MN 55331