Multifamily Property for Sale in Minneapolis, MN

  • Price: $940K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Minneapolis, MN 55417
  • Size: 6,383 SF

Description

Property Overview Prime 8-unit multifamily investment in the heart of South Minneapolis with strong value-add upside. Rents are well below market, offering immediate potential to boost cash flow through updates and rent optimization. Convenient access to major highways and MSP Airport, plus close proximity to parks, shopping, and popular dining ensures strong, long-term rental demand. A rare opportunity to acquire a well-located multifamily asset offering both stability and growth in one of Minneapolis’ most desirable rental markets. 48 hours notice is needed to tour the property. Building SF: 6383 | Land Size: 9804.0 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Minneapolis, MN is listed for sale at $939,900 across 6,383 SF. It has been on the market for 38 days. Compare it against other multifamily listings for sale in Minneapolis, MN — <a href="/search/sale/multifamily/minnesota/minneapolis">view the full market</a>.

As of Q1 2025, the Minneapolis multifamily market showed a 21.8% vacancy rate. Source: Consensus Q1 2025 market report.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Multifamily market FAQ

Is the Minneapolis multifamily market tightening or softening?
Vacancy is around 21.8% (Q1 2025).

Contact

Explore this market

Similar Multifamily Property for Sale in Minneapolis, MN