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$1,020,000
7028179 MLS
Well-maintained 8-unit brick apartment building located in the desirable Regina neighborhood within the Nokomis community of Minneapolis. Built in 1960, this two-story property offers 5,070 finished square feet and a highly rentable unit mix of seven 1-bedroom units and one studio/efficiency. Each unit features its own forced-air furnace, with residents paying their own heat — a major operational advantage that helps control owner expenses. The building also includes coin-operated laundry for additional income and convenient off-street parking for tenants. Solid brick construction, individual mechanical systems, and a straightforward unit mix make this a stable, easy-to-manage asset. The property is also an ideal candidate for enrollment in the Minneapolis 4d Affordable Housing Program, offering the potential for a reduced property tax rate in exchange for maintaining qualifying affordable rents. Situated in a strong South Minneapolis location near parks, shopping, transit, and major corridors, this property appeals to long-term renters seeking convenience and neighborhood charm. Excellent opportunity for investors seeking steady cash flow with additional upside through tax optimization. Owner is a licensed agent but not the listing agent.

4525 4th Avenue S, Minneapolis

Listing courtesy of Peritus Real Estate.

$1,695,000
7002474 MLS
Location is prime, very visible, very convenient - just off Highway 10. Many uses are possible. The property is slightly over one acre and mostly fenced. The buildings: 2 strong mixed use buildings and 4 additional smaller shop or garage-type buildings. Largest building is 50x100 with approximately 3,700 square feet of warehouse with three 14'x14' overhead drive-in doors; 2 floors of office space of approx. 1,250 sq. ft. each. Built in 1999, the warehouse has approx. 17 ft. sidewall height with 20 ft. max. height; grease trap / oil separator drain; radiant heat. The next building has very nice office space remodeled in about 2011/2012, including a beautiful kitchen and lunch room. The warehouse in this building is approximately 1,450 sq. ft.; has a clear height of 12' to 15'; overhead door 14' wide, 12' tall leads to a loading dock that is covered. The smaller buildings are used for lab space, work shop and storage; all have heat, air conditioning. Portfolio Package Consisting of the Following Parcels: 06-31-24-24-0085 06-31-24-24-0016 06-31-24-24-0015 06-31-24-24-0014 Total square footage of all of the buildings is 14,500 PID 06-31-24-24-0085 - Yr. Built - 1999 - Metal frame. - Foundation = 50 x 100 = 5,000 sq. Ft. - 3,640 s.f. = Warehouse with 3 drive-in doors each being 14' x 14' - Office space is on 2 floors - 1,266 s.f. On each floor. PID 06-31-24-24-0016 - Concrete block building. - Year built is 1950, remodeled a couple times, last in 1990's - Foundation = 50 x 64 = 3,200 s.f. - 1,450 s.f. = warehouse - Office area is on 2 floors = 1,464 on main floor and 1,350 on second floor. 4 Metal Buildings - 640 s.f. - 1,150 s.f. - 450 s.f. - 1,344 s.f. Lot on south side of Pierce can be added to sale.

617 Pierce Street, Anoka

Listing courtesy of Coldwell Banker Realty.

$435,000
7025826 MLS
Five-unit investment opportunity in a quiet, established neighborhood in Saint Paul. This property features all spacious two-bedroom units with functional layouts and both front and back access, creating strong and consistent tenant appeal. The building offers immediate cash flow with a solid rental history, while presenting significant value-add potential through future updates and continued rent growth. With strong bones and a solid foundation, this is a dependable long-term asset for investors seeking both stability and upside. This is a valuable asset positioned for growth in what is becoming a highly sought-after neighborhood, offering a rare opportunity to secure a cash-flowing property with long-term appreciation potential.

644 Sherwood Avenue, Saint Paul

Listing courtesy of Coldwell Banker Realty.

$649,900
7031402 MLS
Excellent investment or owner-user opportunity at 3201 N 3rd St. This multi-level commercial office building offers approximately 6,336 square feet of space on a 0.16-acre corner lot, providing strong visibility and accessibility in North Minneapolis. The property features multiple private offices and flexible workspace layouts on the main level, second floor, and lower level, accommodating a variety of professional or service uses. The main floor includes several office rooms and a kitchenette. The lower level offers larger, open rooms ideal for storage, meeting space, or additional workspace. The building also has approximately 15 parking spaces, making it convenient for employees and visitors. Positioned near major transportation routes and public transit, the property offers convenient access throughout the Minneapolis–Saint Paul metro area. Zoned OR1 (Neighborhood Office Residential) with adjacent R4 multi-family zoning, the site offers potential flexibility for office, mixed-use, or redevelopment opportunities, subject to city approvals. This is a great opportunity for investors, business owners, or developers seeking a well-located property with strong potential and versatile use options.

3201 N 3rd Street, Minneapolis

Listing courtesy of Market Homes Realty.

$560,000
3 Beds 4 Baths 6808073 MLS
890 Payne Ave is a value-add mixed-use opportunity in Saint Paul’s Payne-Phalen corridor offering income today and upside through stabilization. The property features one street-level commercial space (laundromat) plus four apartments (three 1BR units and one studio). Current operations generate $70,680 in effective gross income with NOI of approximately $36,382, and the market pro forma projects about $79,080 in effective gross income with NOI increasing to roughly $44,782 (about +23%), assuming expenses remain near current levels (~$34,298/year). The sale also includes the B2-zoned lot at 648 York Ave (~4,836 SF), adding valuable optionality for off-street parking, signage, storage, or future expansion potential (subject to city approvals).

890 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$215,000
7021842 MLS
Prime opportunity in the heart of Saint Paul! This well-located property on Rice Street offers outstanding visibility, strong traffic counts, and convenient access to downtown, major highways, and public transportation. Surrounded by established businesses, residential neighborhoods, and ongoing redevelopment, this site is ideal for investors or owner-users seeking long-term growth and stability. The property features a flexible layout suitable for a variety of commercial uses, with excellent street presence and ample accessibility for customers and clients. Its strategic location along a key commercial corridor provides consistent exposure and positions the asset for future appreciation. Whether you’re looking to expand your portfolio, open your own business, or secure a value-add investment in a high-demand urban area, 606 Rice St delivers both immediate potential and long-term upside. ?? High-visibility location ?? Easy access to I-94, downtown Saint Paul & surrounding metro ?? Versatile use potential ?? Strong growth corridor with continued development nearby Don’t miss this chance to own a piece of one of Saint Paul’s most active commercial corridors.

606 Rice Street, Saint Paul

Listing courtesy of Real Broker, LLC.

$525,000
7023084 MLS
Incredible finished garage condo in the highly sought-after AutoMotorPlex Medina community! The main level offers heated, finished garage space with 16–20' ceilings, floor drains, built-in cabinetry, a half bath, and a storage room with washer/dryer. Perfect for car enthusiasts or anyone seeking a versatile workshop, showroom, or storage space. Upstairs, enjoy a beautifully finished loft featuring a full kitchen with stainless steel appliances, living area, bedroom, ¾ bath, and a private deck—ideal for relaxing or entertaining. The AutoMotorPlex community is known for its secure setting, year-round events, and vibrant group of enthusiasts. Association covers water/sewer, grounds maintenance, trash, and hazard insurance. Conveniently located just off Hwy 55 with quick access to I494 and only 15 minutes from downtown Wayzata. Build-out plans available upon request.

3620 Arrowhead Drive Unit 2, Medina

Listing courtesy of eXp Realty.

$899,000
11 Beds 6 Baths 7023006 MLS
This extensively remodeled five-unit apartment building represents a rare, turn-key investment opportunity with both immediate income and long-term upside. The property features four spacious two-bedroom, one-bath units and a highly desirable three-bedroom, two-bath unit, complemented by a two-car garage and additional off-street parking. Kitchens have been fully updated with new cabinetry, modern appliances, fresh countertops, and in-unit or on-site laundry options, while refinished flooring, updated paint, select new windows and doors, and refreshed bathrooms with new tile enhance tenant appeal throughout. Importantly for the discerning investor, the ownership approach prioritized durability and longevity—plumbing, electrical, and other behind-the-walls infrastructure were upgraded with a long-term hold strategy in mind, materially reducing future capital expenditure risk. All five units are currently leased. Additional tenant amenities include basement storage lockers and shared laundry. The sale is driven solely by the seller’s pursuit of a new business venture, creating a compelling opportunity to acquire a well-maintained, thoughtfully upgraded asset built for stable performance well into the future.

3407 Lyndale Avenue S, Minneapolis

Listing courtesy of RE/MAX Results.

$4,990,000
7022923 MLS
Specialty Building offering three floors of offices, large class rooms, Commercial Kitchen, Gymnasium, social/Dining Hall elevator Air-Conditioned, and limited on-site parking. The seller states since purchase over $1M has bee invested in the building. With 28 offices and 34 class rooms, this specialty building offers several creative uses from office use, Education, Charter School, Medical use, transformation into housing, etc. Ideally this building wood be ideal for a 55+ Community being able to house in individual apartments and offer meals being served in the dinning hall. Support business's including clinic, Dentist, Social/Counselor, Barber shop and Hair Saloon, small convenience store, community Garden, outdoor patio, small movie theater, exercise room, craft room and Library, etc. How about an indoor Pickle Ball Court? Great potential and a start to an already well kept facility. SALE PRICE IS NEGOTIABLE and POSSIBLE LEASE TO QUALIFIED PARTY

4021 Thomas Avenue N, Minneapolis

Listing courtesy of Keller Williams Select Realty.

$1,295,000
7022196 MLS
Morton Street Apartments is a very attractive and well maintained 12-unit apartment building located within walking distance to both the Belvidere and Bluff Parks in Saint Paul, Minnesota. This property offers an exceptional opportunity to acquire a solid, fully-occupied investment in a desirable neighborhood of St. Paul. With a strong history of occupancy, consistent operations, and a focus on long-term maintenance, Morton Apartments is super clean and provides immediate cash flow. The main and upper floor units feature refinished original hardwood flooring. The property includes on-site coin-operated laundry, updated vinyl replacement windows and a 10-car off-street parking lot. Unit mix is ten one-bedroom, one bath and one Studio, one bath. The average 1-bd rent is $1,060 and average studio is $890. Built in 1963 and perfectly situated on a 0.39 acre corner lot. This makes for a great 1031 option coming out of a smaller rental property. Close to the Minneapolis International Airport, plenty of employment and downtown Saint Paul.

149 Morton Street E, Saint Paul

Listing courtesy of Apartment Cash Flow, Inc..

$699,000
7020054 MLS
This approximately 4,125 SF commercial building offers a versatile opportunity in the heart of downtown Shakopee and is available for sale or for lease. The property features a welcoming storefront entrance along 1st Avenue along with rear access for added convenience, making it well suited for retail, office, or creative mixed-use concepts. The building also includes approximately 667 SF of warehouse space with a drive-in door, providing valuable flexibility for storage, operations, or light industrial use. Its downtown location benefits from consistent foot and vehicle traffic, while the flexible interior layout allows a variety of business types to thrive. Seller is open to Contract for Deed financing, creating an attractive opportunity for owner-users or investors seeking flexible acquisition terms.

230 1st Avenue E, Shakopee

Listing courtesy of eXp Realty.

$599,000
7011804 MLS
This church building sits in Northeast Minneapolis’ NE Arts District, an area known for its mix of artists, small businesses, and long-standing neighborhood character. The structure has a strong presence, with classic brick construction and large stained glass windows that bring in natural light and give the interior a distinctive feel. It works well for a congregation looking to be in an active, established part of the city, but the property could also support other uses under the City of Minneapolis adaptive reuse policies, making it worth considering for community, creative, or alternative redevelopment ideas. The roof has been recently replaced, which takes care of a major expense, though the heating system will need updating in the near future. Overall, it’s a solid, character-filled building in a good location with flexibility for the future.

1429 Madison Street NE, Minneapolis

Listing courtesy of National Realty Guild.

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