The median home value in Minneapolis, MN is $311,000.
This is
lower than
the county median home value of $340,000.
The national median home value is $308,980.
The average price of homes sold in Minneapolis, MN is $311,000.
Approximately 47% of Minneapolis homes are owned,
compared to 45% rented, while
8% are vacant.
Minneapolis real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Minneapolis real estate agent to arrange a tour today!
Learn more about Minneapolis.
BUILDING IS NOT FOR SALE. THIS IS ONLY BUSINESS SALE. "Profitable Asian Restaurant Business for Sale Near U of M Area."This well-established Asian restaurant business is now available for sale. Located near the University of Minnesota (U of M), it offers a fantastic opportunity for potential buyers. The sale includes inventory, fixtures, and goodwill. The current owner is willing to provide training to the new owner, ensuring a smooth transition. To schedule a tour, please contact the listing agent. Please note that a CONFIDENTIAL FORM must be signed before setting up the tour.
17 Unit building in South Uptown! Large 1 br's! Very, very well maintained property. Enjoy the solace and beauty near Bde Maka Ska, with several parks and trails just outside the doorstep. Located just blocks from Lake Bde Maka Ska, down the street from the Lyndale Farmstead Park. There are several eateries like Hola Arepa, Tap Society, Boludo, Broders' Past Bar, Victor's 1959 Cafe, and many more only minutes away!
5-unit apartment property located in the Marcy Holmes neighborhood near the University of MN. Total of 8 rental rooms, one 3-Bed, one 2-Bed, one 1-Bed and 2 Studio units. Units are in good condition and the roof was replaced in 2023. Large lot provides an opportunity for future redevelopment. Located near the U of MN, this property has been a student rental for many years. Easy access to downtown Minneapolis via Hennepin and Central Avenues and HWY 35w.
Excellent investment! The famous Scissors Circus Building. Previously sold for $650,000 in 2020. Water damage due to frozen pipes, being sold as-is. City is open to residential and/or commercial. Excellent opportunity for in home business. Previously used as residential, beauty parlor, coffee shop and retail. Features unique layout with excellent lighting and open floor plans.
836 Thornton Street SE presents an enticing urban duplex opportunity nestled in the vibrant SE Minneapolis U of M locale. This remarkable property features 5 bedrooms, 2 bathrooms, and encompasses a spacious 2,590 square feet on a generous 0.12-acre lot. Furthermore, the offering encompasses the adjacent vacant city lot to the west (838 Thornton SE), also measuring 0.12 acres, culminating in a combined total of 0.24 acres. Delve into the potential for a comprehensive development venture by harnessing the advantages conferred by corridor 4 zoning, or consider a purchase for an owner-occupied duplex in the University of Minnesota area. Information on corridor 4 is available in supplements. Agents / buyers to independently verify all information herein.
Fully leased with a 7.38% Cap Rate! Several units were just renovated. Bring all offers to this 7-Unit Multifamily Building For Sale near the Lakes in South Minneapolis! Renovated & huge 3+ bedroom, 1,300+ square foot units. Beautiful hardwood floors, 3 season porches, exposed brick & great natural light throughout. Rear room off the kitchen could be a 4th bedroom, dining room, or office. One legal and large garden level unit. Total building size of about 10,800 square feet. Tenants pay all utilities and each unit has new separately metered high efficiency gas boilers for hot water baseboard heat. 5 off-street parking stalls for additional income.
This fantastic building is home to 6 units located in NE MPLS. Just blocks from the Quarry and NE fun. This is high cash flowing property with possibilities to increase. There is a large parking area off the street for tenants, with designated parking spots. Laundry is in each unit and storage possibilities are in the large basement. 5 units are 2 beds 1 bath, and 1 is 1 bed 1 bath.
Mixed-use income generating investment or live/work property with a single family home & commercial building in the heart of NE MPLS, Completely renovated, spacious & open floor plan in the commercial building with 2000 SF & large unfinished basement, currently being used as a fitness studio by the long term tenants. Beautiful & durable wood floors, large windows, updated 1/2 bath & kitchen. The story & a half single family home has 1440 finished sq. ft, updated kitchen with new cabinets, two BRs on each floor, two remodeled baths, & a full unfinished basement. One car garage & additional parking spaces. New concrete patio. Per the previous owner, roof was replaced in 2017, newer furnace systems in both properties including duct replacement, central air in the commercial space and portable A/C unit in the house. Fresh interior & exterior paint, Same long term tenants occupy the house and the commercial space. Great income generating property at 7% cap rate.
Unique opportunity to own nearly 1/4 city block in MPLS! Mixed-use building - currently 2 units on main floor rented by the same long term tenant $2400/month - steady & reliable income. They would prefer to stay. 2 Residential apartments above - 1BR apartment on north side is month to month - $750 (under market). Very large & unique studio apartment is owner occupied with 12 foot ceilings & large roof top deck shared with the other one bedroom apartment. Large unfinished space in the basement could be added as FSF to the commercial space or be turned into another unit. 4 car+ garage is currently used by the owners, but has been rented to neighbors/tenants in the past for additional income. Close date is flexible.
Turnkey business opportunity. 15+ years with over 10,000+ customers serviced. (local and long distance) This sale includes the location at 710 Lowry Minneapolis (2 locations). Few of the many services include: banners, real estate signs, company signs, retractors, apparels, posters, dvds, digital printing, business cards and many more. Over 46 machines and owner is willing to train for 2 weeks after closing. Business only and not real estate. Includes location at 1171 Jackson Street, Saint Paul, MN 55117.
Updated 6 unit building fully rented with a 7.7% cap rate! 54k on NOI. Great location in Longfellow neighborhood. Walking distance to trails and river. Building consists of (4) 2 bedroom units, (2) 1 bedroom units. Units have been updated over the years. Laundry is in building run by BDS. Building offers 6 Parking spots. Great cash flow and upside. Contract For Deed Available.
Perfectly situated on the UofM Campus, making it the PERFECT location for students. This fantastic investment opportunity boasts two large rental properties on one lot. 925 6th St SE is the TKE fraternity house with 11 bedrooms, 5 bathrooms, multiple common areas and 7 off street parking spots. 617 10th Ave SE is an 8 unit apartment building with 7 indoor garage stalls and indoor bike rack. Apartments include in-unit washer/dryer, dishwasher, stainless steel appliances and high end finishes.The third structure is the Carriage house, currently used for storage. 925 6th will have all rooms available at fist showing. 617 10th will have two units available at first showing and more can be shown at future showings. All units are occupied with good standing leases in place.Detailed financials are available upon request.
Truly turnkey 1% rule 5 unit. 4/5 units rented at $1895/mo. Just appraised for 1.53m! Incredible opportunity - 1.2 million $ renovation funded by insurance company (storm damage) includes BRAND NEW roof, ALL windows, plumbing, electrical, flooring, bathrooms, kitchens, appliances, and MORE. Each unit has been meticulously gutted and rebuilt from the ground up - all permits pulled and no shortcuts taken. Spacious 3 bedroom units w/ private laundry in each. Upper 4 units are nearly identical, garden level unit is bigger with exposed beams and impressive floorplan. This is as close to new construction as you'll find - on a quiet block of Chicago. Easy to show!
Fully leased mixed use building, great location with proximity to transit in a growing commercial corridor.
Great corner lot office building in prime Mpls location. Upper level roof is new. Furnace new. A/C to be replaced prior to closing
Historic Church! Sanctuary seating up to 400+ with Mezzanine Beautiful stained glass with gorgeous Cathedral Ceilings. Large commercial kitchen with cafeteria seating up to 100 people. Sale includes a separate school plus over 20 onsite parking spaces located at 2524 Aldrich Ave N. Upper Level 3 bedroom apartment perfect for an onsite caretaker. Alarm system with cameras.
Centrally located and easy to manage 11-Unit apartment building near the University of MN campus! Majority of the units are 2-BR with one being a hard to find 3-BR that has been recentlyupdated. This property is in solid condition with longstanding tenants in place and an opportunity for rent increases over time as current tenants vacate. Full brick exterior and a newer flat roof. Park off-street in the rear parking lot behind building, with plenty of space for each unit. Wellmaintained mechanicals and solid ownership. Boiler Heat and Natural Gas Fuel. Residential/Multi-Family zoning. Public Transportation is within walking distance to building. This is aquiet and well leased location for your next investment property.
Historic 8 unit brick apartment building on Central Ave. Featuring 8 large studios with full kitchens, living room, dining room, and full baths. With beautiful original oak flooring and woodwork throughout, classic hex tile bathrooms and classic fixtures. Owned and managed by the same family since the 1930s, this prominent building is ready for it's next long term owner and caretaker. Set on a large lot on Central with private alley access and off street parking in back, this building has substantial long term growth potential in a bustling business district. Centrally located steps to the shops, parks, breweries, and restaurants of Northeast Minneapolis.
Cash deals, quick closings only. Value Priced. Full rehab needed, poor condition. 10,338 SF Zoned Urban Neighborhood 3. Zoned Urban Neighborhood 3 with many possible uses. 2 levels with a partial basement Street parking only. Building is currently vacant and winterized.
"For Sale or For Lease" Lake and Lyndale commercial building, many different possible uses. Currently a health club but zoning allows for community center/retail/office. One of the most walkable neighborhoods in Minneapolis. Lake and Lyndale offers some of the most diverse shops, restaurants, businesses and venues.
Rare opportunity for a multi-tenant industrial asset in the heart of the Harrison neighborhood in Minneapolis. Located in a qualified opportunity zone, this building has in-place income from an existing 10,000 SF tenant. Owner/occupy or lease out the 15,000 SF vacancy on the southern end of the building, that was most recently a distillery. Over $1m in improvements made in 2017-2018 including new roof, HVAC, sprinklers and substantial interior improvements.
VINTAGE THREE STORY APARTMENT BUILDING BUILT IN 1929 WITH 9,480 SQ FT. 9 UNITS WITH 4-ONE BEDROOMS, 4-EFFICIENCES, AND 1-THREE BEDROOM, 4 ONSITE PARKING SPACES. NEW ROOF IN 2016. NEW BOILER IN 2022. SOME OF THE UNITS HAVE BEEN REMODELED WITH NEWER WINDOWS. THE BUILDING HAS BEEN DESIGNATED AN HISTORIC APARTMENT BUILDING BY THE MINNEAPOLIS HERITAGE PRESERVATION COMMISSION. CLOSE TO THE MINNEAPOLIS INSTITUTE OF ARTS.