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Browse All Minneapolis MN Between $600K - $700K Properties for Sale

$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.

$699,900
6 Beds 7 Baths 7079398 MLS
TP Healy single family with ADU Fixer-Upper in progress has been partially restored over the past years by an architect and current owner. While currently zoned as a duplex, the home can easily be restored to a single family with an Accessory Dwelling Unit (ADU).  The incredibly spacious main floor includes a primary suite.  The 2nd floor includes 3 bedrooms plus a great room space.  Or the great room could be a primary suite and create a Primary Suite Wing that would include primary bedroom, bath, dressing room and breakfast/wet bar.  3rd floor is mostly finished and easily readied for occupancy. The property is available now (as-is): an opportunity to take part in this historical renovation. Original maple hardwood floors cover much of the 2+ stories (except kitchens and baths). Original millwork has been stripped of its aged and oxidized finish - some refinished, some not but all of it impeccably Healy and in remarkable condition.   Much has been completed: new roof, architectural shingles plus multiple flat roofs have been replaced September 2025.  New water heater. Extensive electrical (no remaining knob/tube wiring) and HVAC zoning have been accomplished - 4 furnaces/zones - dividing the building into custom zones is possible for everyone's comfort (one working AC). Much of the plumbing has been replaced. Many of the original light fixtures and hardware for the main level have been retained and are ready for reinstallation. All stained glass windows are present (most original to the house). The front porch balusters and rails have been retained for refinishing and reinstallation. Both front porch and sunroom have newer foundations; front porch fully excavated; sunroom is a crawl space. An architectural addition was built to accommodate back stairs from the ground/garage level to the second floor. There is also a shaft built for a future elevator. Many kitchen appliances have been partially installed but never used. ***Offered in "as is" condition, the price reflects a remarkable opportunity for restoration enthusiasts or investors seeking substantial upside potential. This impressive residence awaits a new chapter—ready to be transformed and cherished for generations.

1820 Colfax Avenue S, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$640,000
5 Beds 3 Baths 7081127 MLS
Just three blocks from beautiful Bde Maka Ska, this charming 1905 up/down duplex blends classic character with thoughtful updates in an unbeatable location. The main level unit features 2 bedrooms, including one with a dedicated office space separated by French doors - perfect for working from home. Enjoy hardwood floors throughout, a bright and spacious living room, and an oversized kitchen complete with a breakfast bar, eat-in dining area, and convenient built-in laundry. Just off the kitchen, a sunny three-season porch wrapped in windows offers the perfect spot to relax. The upper unit offers a unique and versatile layout with 3 bedrooms and 2 bathrooms. The second level includes a large living room, full bathroom, and two bedrooms, along with a kitchen featuring newer luxury vinyl flooring, eat-in space, and in-unit laundry. The connected third level adds a private bedroom, ¾ bathroom, and open flex space - ideal for an office or additional living area. Major updates include roof, siding, and water heater (2022), plus A/C mini splits added the same year for modern comfort. Outside, enjoy a fully fenced backyard and dedicated parking spaces off the alley. This property was formerly a triplex with a non-conforming lower-level unit and is now zoned as a duplex. Buyers are encouraged to verify with the City of Minneapolis the potential to convert the lower level into an ADU with owner occupancy. With exceptional walkability to restaurants, shops, lakes, and trails, this property is a fantastic opportunity for both owner-occupants and investors alike!

3035 Irving Avenue S, Minneapolis

Listing courtesy of Compass.

$675,000
8 Beds 4 Baths 7069318 MLS
Prime Investment Opportunity in Whittier – Uptown Minneapolis Located in the highly sought-after Whittier neighborhood of Uptown Minneapolis, this well-maintained four-unit property presents an exceptional investment opportunity. Situated on an extra-wide 64-foot lot, the building combines spacious units, thoughtful updates, and a prime location known for strong and consistent rental demand—ideal for investors seeking reliable, long-term income. Property Highlights: Unit 1 & Unit 2: Two expansive 3-bedroom units featuring beautiful hardwood floors, cozy fireplaces, and tasteful updates throughout. Unit 1 has been recently enhanced with refinished floors, updated tile, modern cabinetry, and elegant granite countertops, offering both style and durability. Unit 3 (Top Floor): A bright and spacious 2-bedroom unit complete with a private deck, gas fireplace, and luxury vinyl flooring. The updated kitchen showcases sleek granite countertops, creating a modern and inviting living space that appeals to quality tenants. Lower-Level Studio: A well-designed studio apartment with its own egress, providing added safety and functionality. This unit also includes access to a utility room with owned coin-operated laundry, generating additional income potential. Parking & Improvements: The property includes three garage stalls along with ample off-street parking—a valuable amenity in this high-demand area. A brand-new roof installed in 2024 offers peace of mind and minimizes near-term capital expenses. Location & Investment Potential: Positioned in the heart of Uptown Minneapolis, residents enjoy close proximity to popular restaurants, shopping, parks, and convenient public transit. The Whittier neighborhood continues to attract renters, ensuring strong occupancy rates and stable cash flow. With its generous unit sizes, recent upgrades, and unbeatable location, this property stands out as a turnkey investment with excellent upside potential. Don’t miss this rare opportunity to own a high-performing multi-family property in one of Minneapolis’ most desirable rental markets. Schedule your showing today!

2017 Grand Avenue S, Minneapolis

Listing courtesy of Bridge Realty, LLC.

$680,000
8 Beds 4 Baths 7032128 MLS
Fully Renovated Fourplex | Turn-Key Investment Opportunity | Prime South Minneapolis Location Exceptional opportunity to own a recently renovated fourplex in the heart of South Minneapolis. This well-maintained multifamily property has undergone extensive interior and exterior improvements, making it a strong turn-key investment with additional value-add potential. The exterior has been completely refreshed, Improvements include brand-new siding, exterior paint, and new upper rear windows, along with a fully rebuilt upper balcony featuring new decking and flooring. The front porch flooring has been replaced and the stucco professionally restored, preserving the property’s character while enhancing durability. Common areas have also been updated with new carpeting on the stairways. Inside, the units have been thoughtfully remodeled, featuring new kitchens, updated bathrooms, new flooring, fresh paint, modern light fixtures, and efficient hot and cold mini-split systems. Each unit offers spacious layouts providing comfortable and functional living spaces. Major operational feature with four 75,000 BTU boilers, four high-capacity water heaters, four pressure tanks, updated electrical with split meters ideal management for owners. The property sits on a generous lot with off-street parking for up to 10 vehicles, a rare amenity in this central Minneapolis location. The building also includes two separate rear entrances in addition to the main front entry, providing convenient access for residents. There is also additional income potential, with the possibility of finishing the basement and installing coin-operated laundry machines, creating another revenue stream for investors. Located near parks, restaurants, shopping, public transportation, and major city routes, this property offers strong rental appeal and long-term investment potential.

1537 E 38th Street, Minneapolis

Listing courtesy of National Realty Guild.

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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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