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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.

$1,645,000
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.

$599,900
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.

$499,000
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.

$4,399,000
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.

$939,900
7003036 MLS
*GROUP SHOWING AVAILABLE 1/22 FROM 1-2PM** Fantastic 8-unit multifamily investment opportunity in the heart of South Minneapolis—perfect for first-time investors looking to launch their portfolio or seasoned investors seeking to add a value-add property with strong upside. Current rents are well below market, offering immediate potential to increase cash flow through strategic updates and rent adjustments. The property is ideally located with quick access to major highways, making commutes throughout the Twin Cities a breeze, and is just minutes from MSP International Airport. Residents will love the proximity to neighborhood parks, local shopping, and some of South Minneapolis’ most popular restaurants and cafés, creating strong long-term rental demand. With solid fundamentals, an excellent location, and untapped income potential, this is a rare opportunity to acquire a multifamily asset in one of Minneapolis’ most sought-after rental markets. Don’t miss the chance to secure a property that offers both stability and growth.

5733 Bossen Terrace, Minneapolis

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$2,650,000
7007394 MLS
Introducing a unique investment opportunity in the heart of Richfield, Minnesota! This expansive property located at 7444 Cedar Ave boasts a total of 23 units with a combined square footage of 21,840, making it an ideal investment for those looking to expand their apartment rental portfolio. The asset sits on over 0.88 acres, on a bus route, and close to the Mall of America! Prime for a re-development opportunity! Built in 1966, this very well-maintained building features a mix of 18 spacious two-bedroom units and 5 cozy one-bedroom units, providing a variety of options for potential renters. Additionally, the property includes 10 detached garages, ensuring that tenants have ample space to park their vehicles. The exterior of the property is well-maintained and features a classic brick façade, while the interior of the units are spacious and have updated appliances. The property is conveniently located near major transportation routes, making it easy for tenants to commute to work or enjoy all that Richfield has to offer. Investors looking for a turn-key property with strong cash flow potential will appreciate the low maintenance costs and high rental demand in the area. Don't miss out on this rare opportunity to own a property that is fully occupied and turn-key in a non-rent controlled city on Minnesota! The brick exterior façade makes this property shine. There are many updates in recent years including the front and rear entryways, security cameras, newer vinyl windows (2014), brand new commercial grade water heater replaced in 2023, and a newer roof on both the building and garages replaced in 2014. In 2025 all the electrical panels were swapped out with new breakers making this asset easier to insure. PROPERTY FACTS Year Built: 1966 Square Footage: 21,840 Units: 23 Zoning: Multiple-family District Parking: 10 Garage Stalls plus plenty of off street parking Exterior: Brick Heating: Boiler Roof: Flat - New installed by All Elements, Inc. in 2014 UNIT DESCRIPTION 18 - 2 bedroom, 1 bath - Approx. 910+ Sqft. 5 - 1 bedroom, 1 bath - Approx. 750+ Sqft PROPERTY IMPROVEMENTS 2025: New Electrical Panels with Circuit Breakers 2023: New Commercial High-Efficiency Water Heater built by Bock. 2018: New Carpet in Hallways, Common Areas, Entry Way 2014: Roof - Durolast by All Elements, Inc. with 15 year warranty 2013: Windows - Installed vinyl replacement sliders by Window World, Inc.

7444 Cedar Avenue S, Richfield

Listing courtesy of Apartment Cash Flow, Inc..

$2,400,000
7007231 MLS
RARE 1.4+ ACRE, COMMERCIAL/MIXED-USE DEVELOPMENT OPPORTUNITY in EDEN PRAIRIE: This is an exceptional opportunity for visionary business owners or developers in a highly sought-after Eden Prairie location. **Situated on 1.4+ acres, this 7,900+ sq. ft. commercial mixed-use building at 16394 Glory Lane offers outstanding flexibility and long-term potential. **Owned by the well-established Huber Funeral Homes, this property is positioned for a wide range of future uses. The expansive layout includes two large meeting & event areas, private meeting room, kitchenette, and a 2-car attached garage, providing a versatile foundation for customization. **The large paved parking lot with approximately 60 spaces, enhances accessibility and supports high-traffic uses. Potential uses include (but not limited to): 55+ condos, Development strategies, Grocery or specialty retail, Restaurant, Hotel or hospitality concept, Medical, dental, chiropractic, or orthopedic services, pharmacy, bank, salon, spa, or wellness center, event center, banquet hall, product showrooms, recording studio, or professional offices. **Perfectly located just blocks south of the vibrant Hwy 5 & Eden Prairie Road commercial, retail area surrounded by many restaurants, coffee shops, gas stations, banks, and retail conveniences.**Bring your vision to one of Eden Prairie’s most desirable commercial locations and unlock the potential of this rare offering!

16394 Glory Lane, Eden Prairie

Listing courtesy of Up Front Homes.

$3,200,000
7006401 MLS
Here it is! The Prime Location you’ve been waiting for. Located in the heart of Excelsior—one of Lake Minnetonka’s most coveted destinations and often referred to as the “Malibu of the Midwest”—520 2nd Street presents a truly rare, mixed-use zoned, once-in-a-generation opportunity that combines 8000 sq ft between the well-established commercial building owned by Huber Funeral Homes with a spacious, single-family residence w/rental license, if desired. Nearly 3/4 acre. **When you arrive in Excelsior, the significance of this location is immediately clear: Maynard’s and Lake Minnetonka are to your right and 520 2nd Street is straight ahead. Few properties can claim this level of visibility, prominence, and daily exposure. This is THE location! **The commercial space features two expansive, separate and well-defined levels (main and upper), providing outstanding flexibility for a wide range of business models, professional services, boutiques, showrooms or 100's of other creative uses. **Positioned in one of Excelsior’s most active and walk-able areas, the property delivers exceptional business brand presence while capturing the prestige and lifestyle appeal of Excelsior Bay and Lake Minnetonka. **This is a fantastic opportunity for owner-users, investors, developers, and business visionaries who desire a premier presence in a community known for its amazing lake lifestyle, dining experiences like Vagabondo, Mirabelle, Coalition, Maynard's, 318 plus numerous shops on Water Street and surrounding streets, along with a long-term business value, who are seeking an exceptional, highly-coveted Lake Minnetonka location. **For developers and investors, the property’s configuration, location, and prominent visibility, un-lock a variety of high-value possibilities—whether as a refined live/work estate, a signature business destination, or a strategic redevelopment. **The attached 4-story home boasts (4) bedrooms with a master bedroom and en-suite, (4) bathrooms, kitchen, dining room and a great room with vaulted ceilings designed for everyday living, as well as, entertaining. **More home highlights include a large private backyard and a three-car attached garage, creating an exceptional live-work lifestyle in an unbeatable Excelsior location. **Don’t wait on this one!

520 2nd Street, Excelsior

Listing courtesy of Up Front Homes.

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