Residential Income

New Hope, MN Residential Income Properties for Sale

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Four-Unit Multifamily Property
Updated: Sep 28
Four-Unit Multifamily Property

2709 Virginia Avenue N, New Hope, MN 55427

$550,000
3,200 sqft 0.34 AC lot
Four residences, all currently leased
3,200‑square‑foot building on 0.34 acres
Seven bedrooms and four bathrooms
Built in 1965; hot‑water heating
Laundry room on site
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4-Unit Quadplex
Updated: Sep 28
4-Unit Quadplex

2733 Virginia Avenue N, New Hope, MN 55427

$550,000
3,200 sqft 0.37 AC lot
Four rental units, all currently leased
3,200 square feet of building area
0.37‑acre parcel
Built in 1965
Hot water heating
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Four-Unit Apartment Property
Four-Unit Apartment Property

2701 Virginia Avenue N, New Hope, MN 55427

$550,000
3,200 sqft 0.32 AC lot

All four residences are leased, with hot-water heating and on-site parking.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in New Hope, 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.

Quadplex with Basement
Quadplex with Basement

5116 Edgewood Avenue N, Crystal, MN 55428

$664,900
4,500 sqft 0.38 AC lot

Four-unit property with vinyl siding, forced-air heating, and basement space.

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13-Unit Apartment Building with Solar
13-Unit Apartment Building with Solar

1900 Vincent Avenue N, Minneapolis, MN 55411

$1,250,000
0.41 AC lot

Solar panels complement updated major building systems, including the roof, boiler, water heater, and windows.

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Remodeled Up-and-Down Duplex
Remodeled Up-and-Down Duplex

2219 29th Avenue N, Minneapolis, MN 55411

$234,900
1,599 sqft 0.03 AC lot

Two-level duplex with separate utilities serving each unit.

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New Construction Duplex with Private Garages
New Construction Duplex with Private Garages

61xx Lakeland Avenue N, Crystal, MN 55428

$696,000
3,549 sqft

Two attached residences support multigenerational living or an owner-occupied rental arrangement.

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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.

Minneapolis Vacant Land For Sale
Minneapolis Vacant Land For Sale

3318 Oliver Avenue N, Minneapolis, MN 55412

$39,900
0.12 AC lot

Vacant land in Minneapolis, ideal for builders and developers.

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Residential Lot in Minneapolis
Residential Lot in Minneapolis

1519 Oliver Avenue N, Minneapolis, MN 55411

$32,900
0.12 AC lot

Residential lot zoned for up to three units near downtown.

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Buildable Land in Maple Grove
Buildable Land in Maple Grove

7200 Comstock Lane N, Maple Grove, MN 55311

$325,000
1.27 AC lot

1.27 acres of buildable land in a desirable location.

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Two-Lot Development Land Site
Two-Lot Development Land Site

2840 Bloomington Avenue, Minneapolis, MN 55407

$300,000
0.12 AC lot

Two contiguous vacant lots zoned for multi-family or mixed-use development up to six stories with build-form premiums.

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New Hope, MN Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in New Hope, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,600 square feet of properties for sale, with an estimated market value of $1,650,000.

Sale prices for residential income properties in New Hope, MN average $550,000 — 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

Multifamily properties 3
Quadplexes 3

Demographics Overview

Population 57K
Population Growth (5Y) +6.0%
Median Household Income $78,901
College Educated 50.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Minneapolis - 55427 $550K

Listings Trend

New vs delisted commercial listings in Hennepin County

New Delisted

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