Hennepin County Homes with Apartments/Multi Family Style

Welcome to Hennepin County, Minnesota – a vibrant region that perfectly blends urban sophistication with natural beauty. Nestled in the heart of the Twin Cities metropolitan area, Hennepin County is home to Minneapolis, a city renowned for its cultural diversity, thriving arts scene, and picturesque parks. With an array of recreational opportunities, from the serene shores of Lake Calhoun to the bustling activity of the Chain of Lakes, Hennepin County offers residents a lifestyle that is both dynamic and relaxing.

For those seeking multifamily living options, Hennepin County presents an impressive selection of homes with apartments or multi-family styles. These properties are ideal for investors looking to capitalize on the strong rental market, or for families wanting to live close to one another while maintaining their own space. Whether you’re interested in charming duplexes in historic neighborhoods or modern apartment buildings with amenities galore, Hennepin County has something to suit every taste and budget.

Living in Hennepin means enjoying easy access to a wealth of amenities, including top-rated schools, diverse dining options, and vibrant shopping districts. With a robust public transportation system, commuting to downtown Minneapolis or exploring the surrounding areas is a breeze. The community is rich in culture, offering year-round events, local festivals, and outdoor activities that celebrate the beauty of each season.

Discover the charm of Hennepin County, where your dream of multi-family living can become a reality, and experience the perfect blend of community, convenience, and character. Your ideal home awaits!

Newest Hennepin County Homes with Apartments/Multi Family Style

$695,000

7161032 MLS

Renovated five-unit apartment building featuring all two-bedroom, one-bath units. Taken down to the studs in 2023 with $386,042 in documented improvements, including a new 30-year roof, PEX plumbing, new gas lines to each unit, six-zone boiler, updated electrical, new windows, granite countertops, new cabinetry, stainless steel appliances, and LVP flooring. Security features include hardwired smoke and CO detectors, digital keypad entry, an alarmed steel rear door, and security cameras. Gas and electric are separately metered and tenant-paid; water, sewer, and trash are recovered through RUBS. Four garage stalls and on-site laundry. Minneapolis Tier 1 rental license. **Investors:** Projected pro forma NOI of $55,600, reflecting an 8.0% cap rate. **Owner-users:** Former group home use, well-suited for a housing program operator. Metro Transit Route 5 at the corner and METRO D Line two blocks south. Full offering memorandum available.

2204 Emerson Avenue N, Minneapolis

Listing courtesy of Pemberton RE.

$695,000

10 Beds ⋅ 4 Baths ⋅ 7160639 MLS

Unit 1 is vacant for showing. Units 2,3, & 4 ; month to month Unit 5; Leased; The building has 5 car garage; The estimate annual gross rental income of $83,520 represents an approximate gross rental yield of 12.02%, before property taxes, insurance, maintenance, utilities, vacancy, management, financing, and other operating expenses.

3053 15th Avenue S, Minneapolis

Listing courtesy of Keller Williams Classic Realty.

$724,900

7159629 MLS

Iconic Corner Location Offering Income Today and Redevelopment Potential 1005 University Avenue SE presents a rare opportunity to acquire an income-producing multifamily property on a prominent corner near the University of Minnesota. The approximately 7,405-square-foot site currently features a distinctive Victorian-style nine-unit building, offering investors the ability to maintain rental income while evaluating renovation, repositioning, or future redevelopment strategies. Located near campus, Dinkytown, transit, dining, and neighborhood amenities, the property benefits from strong visibility and consistent demand within one of Minneapolis’ most active university-area rental markets. This offering may appeal to multifamily investors, student-housing operators, and developers seeking a well-located urban infill opportunity with both current income and long-term upside. Any redevelopment potential is subject to zoning, city approvals, and buyer verification.

1005 University Avenue SE, Minneapolis

Listing courtesy of Compass.

$1,625,000

7157310 MLS

This is a three-story brick apartment building built n 1964 with 9,792 Sq. Ft. There are 16 units with 4 - efficiencies and 12 - one bedrooms, The lot is 74 Ft x 167 Ft. There are 16 air conditioner wall units. There is a Hot Water Boiler System. All apartments have electric-oven ranges. There are 13 on-site parking spaces. The property is close to the Mississippi River, restaurants and shopping.

1501 Marshall Street NE, Minneapolis

Listing courtesy of Edina Realty, Inc..

$895,000

9 Beds ⋅ 10 Baths ⋅ 7154253 MLS

Step into a rare investment opportunity with this well-cared-for 10-unit property, each offering a 1-bedroom, 1 bath layout designed for comfort and easy living. Tenants will appreciate the beautifully maintained building and shared laundry facilities. Included is the adjacent lot PID #0302824110157 which adds valuable flexibility-perfect for outdoor amenities, or future development. This property is move-in ready for its next owner and is ideal for a hands-off investor, or owner looking to expand their portfolio. Pride of ownership is evident throughout, making this a solid, reliable choice with lasting appeal.

3125 3rd Avenue S, Minneapolis

Listing courtesy of AXEN Realty.

6025-6045 Brooklyn Boulevard, Brooklyn Center

$2,089,000

7149788 MLS

* 2 Brand New Triplexes + 5 Triplex Development Lots * For Sale Individually or as a package (s) * See Recorded Plat with 7 total lots - each Triplex is now on its own parcel * $799,000 per Triplex * Purchase all 5 Land Parcels (1.03 Acres) for $500,000 total * 5 Additional Triplex Lots Fully Entitled: 5 development lots approved for 15 additional units * 21 Total Units at Full Buildout across seven triplex buildings * Shovel-Ready Development Opportunity: All discretionary approvals and entitlements have been secured * Completed Site Work & Infrastructure: Major roads, utilities, grading, and drainage improvements are already in place * Comprehensive Plans Included: Architectural drawings, civil engineering plans, and supporting development documents will transfer with the sale * Each triplex is 3,885 SF - 1,295 SF per unit/floor - spacious and functional residential layouts * Attractive Modern Interiors featuring contemporary kitchens, stainless-steel appliances, spacious living areas, and in-unit laundry * All 7 Parcels: 1.51 Acres total with 1.03 Acres of vacant land for development * Neighborhood Mixed-Use District Zoning supporting residential and compatible mixed-use development * Off-Street Paved Parking serving the completed buildings and future development * Ideal Investor or Developer Opportunity combining existing improvements with significant expansion potential * Reduced Development Risk & Timeline: Completed infrastructure, secured entitlements, and available plans allow a buyer to move efficiently toward vertical construction * Convenient Brooklyn Center Location near Highway 100, I94, I-694, neighborhood amenities, parks, restaurants, and major employment centers

6025-6045 Brooklyn Boulevard, Brooklyn Center

Listing courtesy of RE/MAX Results.

$750,000

7148371 MLS

4225 Bloomington Avenue, Minneapolis

Listing courtesy of Northstar Real Estate Associates.

$1,100,000

7144651 MLS

18th Avenue Apartments consists of two separately parceled multifamily properties located at 338 and 344-346 18th Avenue NE in the Holland neighborhood of Northeast Minneapolis. The property at 338 18th Avenue NE includes an eight-unit apartment building situated on a 0.32-acre parcel. The unit mix consists of one studio and seven one-bedroom residences. Every residence features new LVT or tile flooring, while a majority also include granite countertops, subway tile backsplashes, and dishwashers. The neighboring property at 344-346 18th Avenue NE includes a duplex situated on a separate 0.12-acre parcel. The duplex contains two two-bedroom residences, bringing the combined property to 10 units across 0.44 acres. The properties also provide 12 off-street parking spaces, including eight surface spaces and four garage stalls. Both buildings were constructed in 1961 and are located a few blocks from Bottineau Field Park and Recreation Center, which includes a baseball diamond, soccer fields, an indoor gym, and additional recreational facilities.

338 18th Avenue NE, Minneapolis

Listing courtesy of Marcus & Millichap.

$1,200,000

10 Beds ⋅ 8 Baths ⋅ 7144427 MLS

Great investment near U of M campus. Six units on same property. A Fourplex with four large one bedroom units and a newly constructed duplex (2021). The up/down duplex has three bedrooms, plus office, and two baths in each unit. The duplex is built in 2021, with open kitchens, granite counters, stainless steel appliances and laundry in each unit. Each unit of the duplex has its own HVAC and separate gas and electric. The fourplex has four one bedroom, one bath units with classic built-ins and hardwood floors throughout. Laundry in lower level along with storage space for each unit. Large property with rain gardens, a storage shed and a large, private parking lot. Como neighborhood, near U of M, St. Anthony Main.

2100 Fairmount Street SE, Minneapolis

Listing courtesy of Morgan And Trust Realty.

$1,250,000

14 Beds ⋅ 12 Baths ⋅ 7124935 MLS

1900 Vincent Ave N, Minneapolis presents a compelling opportunity to acquire a well-maintained 13-unit apartment building with strong fundamentals and upside potential. Within the current owner’s ownership, most major CapEx items, including the roof (2013), the boiler (2019) the water heater (2019), and windows (2018), have all been replaced. In 2024, solar panels were added to the roof, adding another income-generating feature of the building, reducing near-term maintenance concerns, and improving long-term operating efficiency. A current office/flex space offers potential for additional rental incomeas is, or the ability to convert it to another unit. 3 garages are being used by the seller, these could also be rent out.

1900 Vincent Avenue N, Minneapolis

Listing courtesy of Keller Williams Premier Realty.

$2,400,000

7141393 MLS

Outstanding value-add investment opportunity in South Minneapolis. This 100%-occupied, 21-unit apartment building at 2725 Pleasant Ave S (1 efficiency, 3 studio/1-bath, 15 one-bedrooms, 2 two-bedrooms, plus 25 surface parking spaces and on-site laundry) offers a buyer immediate cash flow with significant upside as rents move to market. 15 units have already been updated, including 5 with new bathrooms, the 21st unit is currently being renovated and reactivated for an added income stream. Major capital items are already addressed — a full roof and parapet wall rebuild ($350,000, 2023) and a 2026 sewer main lining — plus fresh common-area paint and new hallway carpet on order. A building-wide RUBS program was implemented within the past 12 months, shifting water/sewer, trash, and electric/gas costs to tenants, and the 25 parking spaces (currently free) offer a straightforward paid-parking upside. Seller financing may be available for qualified buyers.

2725 Pleasant Avenue, Minneapolis

Listing courtesy of Fuze Real Estate.

$675,000

7134842 MLS

6 Unit Town-home Style Building minutes from Downtown Minneapolis! 4 units are two levels with balconies. Good Layouts. Off Street Parking. Public transportation is within walking distance to the building and located right south of 94W. The building is located near Augsburg, University of Minnesota, and numerous restaurants and sites ie: A Bar of Their Own, Pizza Luce and Cedar Cultural Center.

924 21st Avenue S, Minneapolis

Listing courtesy of DRG.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Hennepin County Homes with Apartments/Multi Family Style

Newest Hennepin County Homes with Apartments/Multi Family Style

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