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2204 Emerson Avenue N, Minneapolis
$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.

1005 University Avenue SE, Minneapolis
$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.

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.

338 18th Avenue NE, Minneapolis
$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.

2100 Fairmount Street SE, Minneapolis
$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.

1900 Vincent Avenue N, Minneapolis
$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.

2725 Pleasant Avenue, Minneapolis
$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.

3412 Bloomington Avenue, Minneapolis
$1,700,000
7131152 MLS
Bloomington Square Apartments is located in the heart of South Minneapolis close to many shops, parks and employment. Built in 1962 this property features a total of 18-units with a mix of twelve 2bd, 1ba and six 1bd, 1ba along with a whole lower fourth level with four tuck under garages. There is plenty of extra storage and off-street parking. The exterior is maintenance free with brick and stucco and newer vinyl replacement windows. The building sits on 0.28 acres and is only a short block from the desirable Powderhorn Park. Onsite laundry and extra storage lockers. Fully leased and located in a non-rent controlled city of Minnesota. PROPERTY FACTS Year Built: 1962 Square Footage: 15,320 Units: 18 Zoning: Multiple-Dwelling Parking: 4 Attached Garage Stalls w/ Openers Plus 16 Off-Street Parking Spots Exterior: All Brick and Stucco Exterior Heating: Gas Fired Forced Air Hot Water Boiler System Air Conditioning: In the Wall Air Conditioning Units Roof: Flat Roof - Newer in Age UNIT DESCRIPTION 12 - Two Bedroom, One Bath - Approx. 800+ Sqft. 6 - One Bedroom, One Bath - Approx. 600+ Sqft PROPERTY IMPROVEMENTS Hallways and Common Areas Recently Painted Newer Hot Water Heater Newer Double-Hung Windows Throughout the Building

3412 Bloomington Avenue, Minneapolis

Listing courtesy of Apartment Cash Flow, Inc..

612 University Avenue SE, Minneapolis
$1,100,000
14 Beds ⋅ 9 Baths ⋅ 7127269 MLS
Seller is open to creative financing options, including financing some or all of the buyer’s down payment. Flexible terms and structures will be considered for a qualified buyer. All five units are currently leased, generating immediate income. Unit #101 is leased month-to-month, offering the potential for owner occupancy or repositioning while maintaining stable cash flow from the remaining units. New roof (2018), all-new HVAC systems (2023–2026), new lobby flooring (2025), and new tenant storage lockers (2025) reduce near-term capital expenditure needs. Estimated market rents indicate approximately $29,196 in additional annual rental income (+29.2%). Three units have already been renovated, one is partially updated, and one remains in original condition, providing a clear path to increased cash flow and value. Buyer and Buyer's Agent to verify square footage.

612 University Avenue SE, Minneapolis

Listing courtesy of Fuze Real Estate.

2413 1st Avenue S, Minneapolis
$1,950,000
18 Beds ⋅ 15 Baths ⋅ 7112277 MLS
This stunning, nearly new multi-family building constructed in 2022 offers 18 bedrooms and 15 bathrooms across 6 units, delivering exceptional cash flow. Each unit features beautiful cabinetry, premium appliances, quartz countertops, and convenient kitchen center islands. You'll also find front-load washer and dryer sets in every unit, plus private balconies for enjoying fresh air and views. The tasteful, modern design flows seamlessly throughout with high-quality finishes, including tiled bathroom floors and showers. Located just one block from the prestigious Minneapolis College of Art and Design (MCAD), this property is perfectly positioned for student housing, young professionals, or long-term tenants. The previous tenant for 4 years rented the entire building for $15,000 per month (tenant paid all utilities and exterior maintenance), with the current lease ending at the end of April 2026. Units are actively leasing up, with projected total rents exceeding $15,500 per month. Built in 2022, the property requires minimal maintenance or repairs. This is a rare opportunity to own a new modern, income-producing asset that cannot be easily recreated. Schedule your showing today and take advantage of this fabulous cash-flow opportunity!

2413 1st Avenue S, Minneapolis

Listing courtesy of Value Homes Realty Group LLC.

2445 Aldrich Avenue S, Minneapolis
$1,075,000
12 Beds ⋅ 5 Baths ⋅ 7106578 MLS
This five-unit building offers a desirable unit mix, featuring four 2 bedroom, 1 bathroom units and one spacious 4 bedroom, 1 bathroom unit on the top floor. Rich in character, the property showcases original hardwood floors and built-ins. Inviting front and back porches provide additional outdoor living space, enhancing the property's charm and appeal. All units were remodeled in last 10-12 years. as well as rare front and back porches Whether you're looking to expand your investment portfolio or own a well located multifamily property with strong rental potential, this building presents a great opportunity. Situated just minutes from Uptown, Downtown Minneapolis, and the Chain of Lakes, residents will enjoy easy access to neighborhood favorites including Lake of the Isles, Bde Maka Ska, the Midtown Greenway, Convenient access to public transportation and major roadways

2445 Aldrich Avenue S, Minneapolis

Listing courtesy of Pemberton RE.

314 10th Avenue SE, Minneapolis
$1
7063127 MLS
Dinkytown student housing investment, walking distance to U of M campus. 14 rental rooms, fully leased through 2026/2027 school year. Tenants responsible for all utilities (electric, gas, water, internet, trash) — low operating costs for owner. Zoned R5, offering strong future redevelopment potential. Property is one lot off the corner of 10th Ave SE & University Ave SE, and shares a rear parking lot with 1009 University Ave SE — also available. Acquiring both properties together, or in combination with the corner parcel, presents a compelling assemblage/development opportunity in one of the Twin Cities' most active student housing corridors. Part of larger 7-building Dinkytown portfolio; motivated seller reviewing offers as received.

314 10th Avenue SE, Minneapolis

Listing courtesy of Ashworth Real Estate.

1009 University Avenue SE, Minneapolis
$1
7063094 MLS
Dinkytown student housing investment, walking distance to U of M campus. 12 rental rooms, fully leased through 2026/2027 school year. Tenants responsible for all utilities (electric, gas, water, internet, trash) — low operating costs for owner. Zoned R5, offering strong future redevelopment potential. Property is one lot off the corner of 10th Ave SE & University Ave SE, and shares a rear parking lot with 314 10th Ave SE — also available. Acquiring both properties together, or in combination with the corner parcel, presents a compelling assemblage/development opportunity in one of the Twin Cities' most active student housing corridors. Part of larger 7-building Dinkytown portfolio; motivated seller reviewing offers as received.

1009 University Avenue SE, Minneapolis

Listing courtesy of Ashworth Real Estate.

1206 & 1212 5th Street SE, Minneapolis
$1
7063138 MLS
Dinkytown student housing investment, two contiguous buildings sold together near U of M campus. Combined 25 rental rooms (1206: 18 rooms, 1212: 7 rooms), fully leased through 2026/2027 school year. Tenants responsible for all utilities (electric, gas, water, internet, trash) — low operating costs for owner. On-site parking lot included; laundry facilities in each building. Zoned high density, offering exceptional redevelopment potential — situated among newer, larger apartment developments and adjacent to Dinkytown's tallest longstanding apartment tower. A rare assemblage opportunity in one of the Twin Cities' most in-demand rental corridors. Part of larger 7-building Dinkytown portfolio; motivated seller reviewing offers as received.

1206 & 1212 5th Street SE, Minneapolis

Listing courtesy of Ashworth Real Estate.

2318 1st Avenue S, Minneapolis
$600,000
7094590 MLS
Prime RM3 Investment Opportunity – 2318 1st Ave S, Minneapolis. Position your portfolio for success with this 6,009 SF multi-use commercial property in the heart of Minneapolis. Built in 1920 and situated on a prominent corner lot, this property offers the rare combination of historic architecture, flexible zoning, and strong location fundamentals—a winning formula for investors and owner-users alike. Currently configured as professional office space, the building features three separate entrances across three floors plus a lower level, allowing for multi-tenant use or conversion to mixed-use, residential, or institutional operations. The RM3/BFI3 zoning supports a broad range of uses including large-scale dwellings, professional offices, and major institutional tenants, giving investors a flexible foundation for future growth or repositioning. Nine off-street parking stalls—a rare urban luxury—enhance accessibility and tenant appeal. With the previous owner (a long-standing accounting firm) now relocated, the property is move-in ready or available for immediate redevelopment or lease-up strategy. Located just steps from Eat Street, the Minneapolis Institute of Art, and Midtown Global Market, this property sits within one of the city’s most vibrant and transit-connected neighborhoods. The strong surrounding tenant mix, bike and bus accessibility, and proximity to downtown create a high-demand environment for professional users and long-term investment stability. Investment Highlights: - 6,009 SF brick building (approx. 4,862 SF finished) on a corner lot - RM3/BFI3 zoning – ideal for office, residential, or institutional uses - 3 separate entrances for multi-tenant or flexible layouts - 9 off-street parking stalls – rare in core Minneapolis - Solid 1920 construction with timeless architectural appeal - Vacant and ready for occupancy, repositioning, or redevelopment - Surrounded by high-demand cultural and commercial amenities - Located in a strong rental and employment corridor near downtown 2318 1st Ave S represents a smart acquisition for investors seeking a versatile, centrally located asset with multiple upside paths—whether through adaptive reuse, multi-tenant office leasing, or future residential conversion.

2318 1st Avenue S, Minneapolis

Listing courtesy of Keller Williams Realty Integrity.

3343 15th Avenue S, Minneapolis
$550,000
7 Beds ⋅ 5 Baths ⋅ 7093995 MLS
3343 15th Avenue South is a classic up-down five-unit apartment building built in 1905 and ideally positioned directly across from Powderhorn Park, the Powderhorn Park Recreation Center, public pool, and adjacent parking lot. Located in a proven rental corridor of South Minneapolis, the property features spacious units with hardwood floors, high ceilings, strong natural light, and a history of consistent occupancy. Well-maintained through attentive ownership and professional management, the property has benefited from consistent care and investment over time. The asset generates attractive current cash flow while offering significant value-add potential through improved operational efficiencies. Offered at $580,000 with a pro forma cap rate of 8.6%, the property presents an excellent opportunity for a first-time investor or owner-operator seeking a well-located multifamily asset with stable income, strong rental demand, and substantial upside potential in one of Minneapolis' most established neighborhoods.

3343 15th Avenue S, Minneapolis

Listing courtesy of Matthews Real Estate Investment Solutions.

1500 10th Avenue S, Minneapolis
$1,300,000
1 Beds ⋅ 1 Baths ⋅ 7090913 MLS
Exceptional investment opportunity in high-demand Elliot Park! This well maintained 12-unit apartment building features spacious one bedroom, one bath units with generous living areas, several of which have been tastefully remodeled. Located just minutes from downtown Minneapolis, the property enjoys a highly walkable location with excellent access to public transit. Close to parks, universities, shopping, and dining. Strong rental history units are always occupied and lease quickly in this high-demand area. Current rents are below market, offering significant upside potential for the next owner. A standout feature: one of the few buildings in the area with a large off-street parking lot accommodating one car per unit, a major draw for tenants. Solid cash flow today with room to grow.

1500 10th Avenue S, Minneapolis

Listing courtesy of HomeSmart Sapphire Realty.

3545 12th Avenue S, Minneapolis
$1,275,000
7088996 MLS
11-unit multifamily in Minneapolis's Corcoran neighborhood offered at $1,275,000 ($113,636/door). The property features a desirable mixed unit mix of 6 two-bedroom and 5 one-bedroom units with market rents of $1,400 and $1,100 respectively, delivering broad renter appeal in a stable primarily residential submarket with strong transit connectivity and consistent tenant demand. Recent capital upgrades include a brand new parking lot in 2025, newer boiler, updated water heaters, and numerous new appliances through energy efficiency programs in 2026. The property is part of the Minneapolis 4D program keeping taxes low. Some units have already been turned with additional value-add upside remaining, all on top of stable in-place cash flow and a potential NOI of $100,377. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Refer to OM for more information.

3545 12th Avenue S, Minneapolis

Listing courtesy of Commercial Investors Group LLC.

3540 11th Avenue S, Minneapolis
$1,250,000
7088981 MLS
11-unit all 1BR/1BA multifamily in Minneapolis's Powderhorn Park neighborhood offered at $1,250,000 ($113,636/door). Less than a block from Powderhorn Park's 66 acres of green space, lake, tennis courts, playgrounds, and recreation center, the property sits in one of the most tenant-friendly locations in the submarket. Recent capital upgrades include newer windows, updated electric panels, a newer boiler, and many units renovated within the last few years. The property is part of the Minneapolis 4D program providing low taxes and has received numerous new appliances through energy efficiency programs. Stable in-place cash flow with a potential NOI of $94,185 and clear value-add upside remaining on turns. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Refer to OM for more details.

3540 11th Avenue S, Minneapolis

Listing courtesy of Commercial Investors Group LLC.

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.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

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