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    Minneapolis, MN Multifamily Properties for Sale

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    South Minneapolis 4plex Property
    Updated: Jun 17
    South Minneapolis 4plex Property

    2106 Elliot Avenue, Minneapolis, MN 55404

    $574,500
    3,514 sqft · 0.10 AC lot
    South Minneapolis 4plex built in 1883 with two 3‑bedroom units and two studio apartments
    Each of the 4 units has separate electric, gas, water heaters, and furnaces, plus separate controls for common areas
    Recently rehabbed with new vinyl flooring, new carpet, and refinished hardwood flooring in all units and common areas
    All windows are efficient vinyl with double‑pane glass; brick exterior with maintenance‑free aluminum and vinyl siding
    Recently updated common areas, hallways, and basement; large basement has multiple private access points for potential expansion
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    This listing looks promising.

    Here's a quick look at some key insights for

    2106 Elliot Avenue, Minneapolis, MN 55404

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $51K
      Annual

    • Price @ 7% Cap

      $733K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1883
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    Duplex with Heated Garage
    Updated: Jun 12
    Duplex with Heated Garage

    2748 Fillmore Street NE, Minneapolis, MN 55418

    $550,000
    3,288 sqft · 0.20 AC lot
    Turn‑of‑the‑century home built in 1918 with flexible layout: main home plus a second‑level mother‑in‑law apartment or rental income unit(s).
    Roof replacement in 2016 with upgraded vented assembly; exterior fresh paint in 2024 and rebuilt front steps.
    Solar panels installed in 2018; oil heat; upgraded Walsh triple‑pane high‑efficiency vinyl windows (main floor 2016; upper level ~2014).
    Two kitchens updated with newer refrigerators, dishwasher, and stoves; updated flooring with refinished hardwood in Unit 2748 and new carpet in Unit 2746 (2025).
    Unit 2746 features rebuilt rooftop deck (2018) with maintenance‑free decking and cedar; basement bedrooms with egress windows.
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    Remodeled Duplex with Updated Interiors
    Remodeled Duplex with Updated Interiors

    2651 Ulysses Street NE, Minneapolis, MN 55418

    $529,900
    3,358 sqft · 0.19 AC lot

    Completely remodeled up-and-down duplex with updated kitchens, bathrooms, windows, and ample natural light.

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    Well-Maintained Duplex with Updated Systems
    Well-Maintained Duplex with Updated Systems

    2508 W 39th Street, Minneapolis, MN 55410

    $799,900
    3,070 sqft · 0.16 AC lot

    A Minneapolis duplex with hardwood floors, fireplaces, and recent HVAC and roof improvements across two spacious units.

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    Turnkey Multifamily Income Package
    Turnkey Multifamily Income Package

    810 6th Street SE, Minneapolis, MN 55414

    $949,900
    3,276 sqft · 0.13 AC lot

    Turnkey package of two income properties with shared 20-space parking.

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    Spacious Fourplex with Year-Round Tenants
    Spacious Fourplex with Year-Round Tenants

    3101 E 24th Street, Minneapolis, MN 55406

    $895,000
    4,464 sqft · 0.12 AC lot

    Four separate 3-bedroom units each with front-to-back layout, individual heat control, and multiple entries and porches.

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    Updated Duplex with Loft
    Updated Duplex with Loft

    2748 Dupont Avenue S, Minneapolis, MN 55408

    $579,000
    4,227 sqft · 0.11 AC lot

    Updated Minneapolis duplex with fenced yard, 2-car garage, and an upper unit featuring central AC and loft access.

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    Turnkey Fourplex with Off-Street Parking
    Turnkey Fourplex with Off-Street Parking

    1508 E 26th Street, Minneapolis, MN 55404

    $539,999
    3,124 sqft · 0.11 AC lot

    Well-maintained fourplex with two-bedroom units and private off-street parking, currently at 100% occupancy.

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    Well-Maintained Fourplex Residential Income
    Well-Maintained Fourplex Residential Income

    2720 Dupont Avenue S, Minneapolis, MN 55408

    $674,900
    4,000 sqft · 0.12 AC lot

    Well-maintained four-unit building with updated interiors, rear off-street parking, and a clean basement for laundry and storage.

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    Updated Historic Fourplex Residence
    Updated Historic Fourplex Residence

    2535 Aldrich Avenue S, Minneapolis, MN 55405

    $1,175,000
    5,225 sqft · 0.11 AC lot

    Four updated units with modern mechanicals, tenant-directed HVAC billing, and a fully fenced private yard.

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    Well-Maintained Triplex with Garage
    Well-Maintained Triplex with Garage

    1822 Pierce Street NE, Minneapolis, MN 55418

    $575,000
    3,285 sqft · 0.24 AC lot

    Renovation-ready triplex with three distinct units, hardwood character, and a three-car garage on an oversized lot.

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    Corner Lot Fourplex with Separate Utilities
    Corner Lot Fourplex with Separate Utilities

    3400 Elliot Avenue, Minneapolis, MN 55407

    $500,000
    3,277 sqft · 0.14 AC lot

    Four spacious 1-bedroom units with separate gas/electric, individual systems, shared laundry, and off-street parking.

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    Triplex with In-Unit Laundry
    Triplex with In-Unit Laundry

    3514 Grand Avenue S, Minneapolis, MN 55408

    $849,900
    4,900 sqft · 0.13 AC lot

    Three-unit triplex built in 2005, each offering in-unit laundry, kitchens, and bathrooms for straightforward residential income use.

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    All-Brick Triplex with Updated Units
    All-Brick Triplex with Updated Units

    349 15th Avenue NE, Minneapolis, MN 55413

    $585,000
    2,748 sqft · 0.11 AC lot

    Triplex offers updated 3-bedroom and two 1-bedroom units plus shared coin laundry.

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    Turn-of-Century Duplex Residence
    Turn-of-Century Duplex Residence

    2433 W 22nd Street, Minneapolis, MN 55405

    $899,900
    4,500 sqft · 0.21 AC lot

    A classic Minneapolis duplex with charming interior details and a welcoming large front porch for flexible occupancy.

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    Classic Up-Down Duplex with Sun Rooms
    Classic Up-Down Duplex with Sun Rooms

    3827 Blaisdell Avenue, Minneapolis, MN 55409

    $539,000
    2,512 sqft · 0.18 AC lot

    Two-bedroom duplex with hardwood floors, built-ins, and separate parking and rear off-street options.

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    Move-In Ready Duplex For Sale
    Move-In Ready Duplex For Sale

    3340 Bryant Avenue S, Minneapolis, MN 55408

    $550,000
    2,756 sqft · 0.12 AC lot

    Renovated duplex with separate upper and main/lower units, in-unit laundry, and a large garage with loft storage.

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    Turnkey Fourplex Investment Property
    Turnkey Fourplex Investment Property

    1609 4th Street NE, Minneapolis, MN 55413

    $749,900
    3,577 sqft · 0.12 AC lot

    Well-maintained four-unit brick building with multiple bedroom configurations and private outdoor seating for each unit.

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    Duplex with Updated Upper Unit
    Duplex with Updated Upper Unit

    4328 Lyndale Avenue S, Minneapolis, MN 55409

    $724,900
    4,584 sqft · 0.12 AC lot

    Vacant main level offers immediate occupancy while the upper unit remains leased through April 2027 with dedicated laundry.

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    Triplex with In-Unit Laundry
    Triplex with In-Unit Laundry

    2820 12th Avenue S, Minneapolis, MN 55407

    $550,000
    4,320 sqft · 0.19 AC lot

    A Minneapolis triplex offering separate laundry for each unit, with two 4-bedroom layouts plus a 3-bedroom basement unit.

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    Cash-Flowing 4-Plex Investment
    Cash-Flowing 4-Plex Investment

    5705 Lyndale Avenue S, Minneapolis, MN 55419

    $519,900
    3,128 sqft · 0.14 AC lot

    Well-maintained four-unit building with coin-op laundry, off-street parking, and separate utility metering.

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    Fully Renovated Fourplex Investment
    Fully Renovated Fourplex Investment

    1537 E 38th Street, Minneapolis, MN 55407

    $725,000
    3,456 sqft · 0.14 AC lot

    Turn-key four-unit building with extensive interior and exterior renovations and off-street parking for up to 10 vehicles.

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    Remodeled 4-Unit Quadplex
    Remodeled 4-Unit Quadplex

    2740 Lyndale Avenue S, Minneapolis, MN 55408

    $680,000
    2,856 sqft · 0.11 AC lot

    Remodeled quadplex with two-bedroom units, off-street parking, and updated mechanical systems for dependable residential income.

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    Up-Down Duplex with Two-Stall Garage
    Up-Down Duplex with Two-Stall Garage

    1917 Newton Avenue N, Minneapolis, MN 55411

    $410,000
    3,781 sqft · 0.13 AC lot

    Charming Minneapolis up/down duplex with two 3-bedroom units and recent updates, plus a brand-new two-stall garage.

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    Minneapolis, MN Multifamily Properties Market Trends and Statistics

    Explore 141 multifamily properties for sale in Minneapolis, MN, showcased through 141 active listings on our real estate platform. These investment opportunities span a total of 414,814 square feet of properties for sale, with an estimated market value of $69,092,948.

    Sale prices for multifamily properties in Minneapolis, MN start at $107,000, averaging $616,901, and reaching up to $3,900,000 — 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

    Duplexes 76
    Apartment buildings 44
    Quadplexes 20
    Triplexes 13
    Short term rental properties 3

    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
    55412 $273K
    55403 $499.6K
    55413 $514K
    55418 $532.5K
    55409 $536.8K

    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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    Most Searched ZIP Codes in Minneapolis, MN

    • 55407
    • 55404
    • 55418
    • 55408
    • 55411
    • 55405
    • 55406
    • 55413
    • 55419
    • 55403
    • 55409

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