Browse All Minneapolis MN Short Sale Properties for Sale

Investment opportunity in a terrific Minneapolis setting. Short Sale. As-Is. Blocked Sewer Line - potentially failed. Potential Mold in Basement. Wearing a mask recommended when touring.

4709 Clinton Avenue S, Minneapolis

Listing courtesy of Real Broker, LLC.

$480,000

2 Beds ⋅ 2 Baths ⋅ 7049017 MLS

Great opportunity to own a 10th-floor, south-facing unit at Legacy Condos in Minneapolis' Mill District. Floor-to-ceiling windows in the living room and primary bedroom provide abundant natural light and impressive city views. Features include hardwood floors, custom ceiling fans, LED lighting, quartz countertops, range hood, oversized island with built-in microwave, and upgraded bathrooms. The primary bath offers dual vessel sinks, floating cabinetry, and a floor-to-ceiling tiled accent wall. This unit shares only one common wall and is conveniently located near downtown dining, shopping, parks, riverfront trails, and entertainment. The community itself is very thoughtfully-designed with many amenities including an outdoor pool and hot tub, outdoor playground, outdoor seating with grills and fire pits, car wash, cardio room, sauna, dog washing stations, and a community room with kitchen that can be rented out for events. Schedule your private showing today!

1240 S 2nd Street Unit 1023, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$339,900

2 Beds ⋅ 2 Baths ⋅ 7102455 MLS

This beautifully refreshed home is ideally located just steps from the Mississippi River, scenic walking and biking trails, and an array of neighborhood shops and restaurants. Thoughtfully updated throughout, the home features brand-new LVP flooring, new kitchen, fresh interior and exterior paint, and new appliances—offering a truly move-in-ready experience. The main level boasts an inviting living room with abundant natural light, a dedicated dining room, a bright and functional kitchen, and a convenient half bath. Upstairs, you’ll find a spacious 3/4 bath and two comfortable bedrooms, perfect for restful nights or a home office setup. With its modern updates, unbeatable location, and charming layout, this home is the perfect blend of comfort, convenience, and Minneapolis living.

2808 40th Avenue S, Minneapolis

Listing courtesy of RE/MAX Professionals.

$399,900

3 Beds ⋅ 2 Baths ⋅ 7092405 MLS

Charming Opportunity in Central Neighborhood of Minneapolis. Discover timeless character and modern convenience in this beautifully maintained 3-bedroom, 2-bathroom located in the heart of Minneapolis’ desirable Central neighborhood. Perfect for owner-occupants or savvy investors, this versatile property offers flexibility, charm, and income potential. The home features original woodwork, a built-in buffet, and a welcoming screened-in front porch, creating the perfect blend of historic charm and modern updates.Set up as a duplex, the upper-level unit includes a full kitchen, bathroom, bedroom, and living area — ideal for rental income, multi-generational living, or a guest suite. Enjoy a fenced backyard, 2-car garage, and ample space for relaxing or entertaining. The property’s layout offers countless options, whether you choose to rent out the upper level or live in one unit while generating income from the other. Located close to public transit, parks, shops, and restaurants, this home is a must-see for those seeking comfort, charm, and value in a vibrant urban setting. Fully updated. New furnace, LVP flooring, paint, windows, light fixtures, doors, full kitchen, and bathroom remodel.

3736 Park Avenue, Minneapolis

Listing courtesy of RE/MAX Professionals.

$189,900

3 Beds ⋅ 2 Baths ⋅ 7088113 MLS

Great Opportunity to own this home. Located on a nice private corner lot, the home has a lot to offer with a large living room, kitchen, and dining. You will love the bedroom sizes. There is a place to put up that garage with your own private driveway.

424 33rd Avenue N, Minneapolis

Listing courtesy of Weichert, Realtors-Integrity.

$100,000

1 Beds ⋅ 1 Baths ⋅ 7080238 MLS

Welcome home to 4514 Bryant Ave N! This 1-bedroom bungalow is an ideal entry into homeownership — or a great investment with huge upside potential. Nearby, you'll find Webber Park, North Mississippi Regional Park, and Bohanon Park right on Bryant, featuring baseball fields, tennis and basketball courts, a playground, and a skating rink. Easy access to I-94 makes getting around town a breeze. Priced to sell — don't miss this equity-building opportunity!

4514 Bryant Avenue N, Minneapolis

Listing courtesy of Keller Williams Integrity Realty.

$215,000

3 Beds ⋅ 2 Baths ⋅ 7086573 MLS

Recent updates include: Furnace 2020, Plumbing updated 2013, electrical updated 2013.

3614 Russell Avenue N, Minneapolis

Listing courtesy of eXp Realty.

$429,900

9 Beds ⋅ 3 Baths ⋅ 7075280 MLS

Excellent multifamily investment opportunity in a prime South Minneapolis location with long-term tenants! This well-maintained, large duplex at 2314 Portland Ave S, Minneapolis, MN 55404 offers spacious living arrangements with 5BR/2BA and 3BR/1BA units, separate entrances, and abundant off-street parking, a rare amenity in the urban core. The property combines strong functionality with excellent rental potential, making it ideal for both investors and owner-occupants seeking stable income and long-term appreciation. Spacious units, flexible layouts, and consistent tenant demand create an attractive opportunity in one of Minneapolis’ most accessible neighborhoods. Conveniently located near downtown Minneapolis, public transit, parks, restaurants, hospitals, and major employment corridors, this property offers outstanding connectivity and strong tenant appeal. Additional upside available through the City of Minneapolis 4D Affordable Housing Incentive Program, which can reduce property taxes by up to 40% annually if qualifying units are enrolled. The property is fully occupied with long-term tenants in place, providing stable and predictable income: Unit 1 (5BR/2BA): $2,050/month lease through May 31, 2027 Unit 2 (3BR/1BA): $1,750/month lease through March 31, 2027 Current Gross Rental Income: $3,800/month ($45,600 annually) Utilities: Trash & Water: $303.35/month Electric: $18/month Total Average Utilities: $321.35/month ($3,856 annually) Strong location, solid fundamentals, and future upside potential make this a compelling addition to any investment portfolio.

2314 Portland Avenue S, Minneapolis

Listing courtesy of Summit Realty LLC.

$409,900

7 Beds ⋅ 3 Baths ⋅ 7074993 MLS

Public Remarks: Fantastic investment opportunity in the desirable Central neighborhood of South Minneapolis! This classic triplex blends timeless character with solid income potential and long-term upside. The property features updated mechanicals, newer vinyl thermopane windows, and three income-producing units currently rented at $1,575, $1,590, and $1,000 per month. Located in a highly walkable and bike-friendly area near transit, parks, restaurants, and the Midtown Greenway, this property offers strong tenant appeal and convenient access to everything South Minneapolis has to offer. Ideal for an owner-occupant seeking supplemental rental income or an investor looking for a stable multifamily asset in the urban core. Opportunity to convert currently rented nonconforming unit to conforming through the addition of an exterior staircase. Additional financial upside available through the City of Minneapolis 4D Affordable Housing Incentive Program, which can reduce property taxes by up to 40% annually if qualifying units are enrolled. Strong cash flow, classic charm, and future upside make this a compelling opportunity in one of Minneapolis’ most connected neighborhoods.

3605 S 3rd Avenue, Minneapolis

Listing courtesy of Summit Realty LLC.

$150,000

3 Beds ⋅ 2 Baths ⋅ 7004360 MLS

North Minneapolis duplex with a 2-car garage. Upper unit features 2 bedrooms/1 bathroom. Lower unit features 1 bedroom/1 bath room. Shared laundry is in the basement. Sold as-is, buyers to assume TISH repairs. A great owner-occupy opportunity or addition to any investment portfolio. Priced to reflect condition with plenty of room to add value. Just minutes from Webber Park, Victory Memorial Parkway, and North Mississippi Regional Park, part of Minneapolis’ renowned Grand Rounds Scenic Byway system. These nearby parks and trails provide miles of walking and biking paths, green space, and river views—perfect for outdoor enthusiasts and anyone who appreciates quick access to nature within the city. Nearby shopping options including Cub Foods, Aldi, North Market, and neighborhood shops along Broadway and Lowry Avenue. Dining choices range from local cafés and takeout spots to popular Minneapolis restaurants, with even more options just a short drive away in Downtown Minneapolis, the North Loop, and Northeast Minneapolis. Community amenities including nearby libraries, recreation centers, and neighborhood programs that help foster a strong sense of connection. Commuters will appreciate convenient access to Highway 94, Highway 55, and Highway 100, along with public transit options that make getting around the metro simple and efficient. Take this opportunity to own a two-unit property in a central Minneapolis location—perfect for generating rental income, offsetting a mortgage, or accommodating multiple households under one roof. With flexible living arrangements, proximity to parks and trails, and easy access to shopping, dining, and downtown Minneapolis, this duplex delivers both lifestyle and investment potential. Come explore the possibilities and imagine how this property can work for you.

4126 Dupont Avenue N, Minneapolis

Listing courtesy of Real Broker, LLC.

$295,000

5 Beds ⋅ 3 Baths ⋅ 7072090 MLS

Great investment opportunity with tons of potential! This spacious home features 5 bedrooms, 2.5 bathrooms, and two kitchens — one on the main level and another in the basement — making it a great setup for extended living, multi-generational households, or investment possibilities. The home offers great bones throughout, with siding in excellent condition, a roof approximately 6 years old, a boiler approximately 4 years old, and mechanicals in great condition. Enjoy a spacious layout on both the main level and basement, along with a large backyard offering plenty of outdoor space. While the property does need some TLC, the major components have already been updated. Priced below market value and full of opportunity to add your personal touch and build equity. Seller is offering a 1% contribution toward the buyer's closing costs making this an even better opportunity.

5259 Knox Avenue N, Minneapolis

Listing courtesy of RE/MAX Results.

$307,900

2 Beds ⋅ 1 Baths ⋅ 7026053 MLS

Discover stylish city living in this updated 2 bedroom, corner condo at Riverwalk Lofts, perfectly positioned in the vibrant North Loop of Minneapolis. Blending classic industrial elements with modern updates, this home showcases exposed brick and rich wood accents. As a rare top-floor unit, it boasts soaring 13 foot ceilings, creating a truly expansive, loft inspired feel. The updated bathroom features clean, contemporary finishes, and a brand new, in unit washer/dryer combo unit, a rare amenity in the building, which adds significant everyday convenience. Storage unit included in basement is #78. Garage parking contracts are available in the adjacent building across the street. Step outside and enjoy immediate access to some of the city’s top dining, including Spoon and Stable, Maison Margaux, Billy Sushi, Barcelona Wine Bar, Borough, and Demi, along with boutique shopping, lively nightlife, and scenic trails along the Mississippi River. A true North Loop lifestyle awaits.

400 N 1st Street Unit 614, Minneapolis

Listing courtesy of Jason Mitchell Group.

$1,581,600

5 Beds ⋅ 8 Baths ⋅ 7057680 MLS

Overlooking Kenilworth Channel between Lake of the Isles & Cedar Lake, this architecturally significant home enjoys tremendous natural light, great views, and generous private terraces. The custom center island kitchen features mosaic Italian tile, stone floors and fiberoptic lighting. Main level includes generous living room, dining room and two sun rooms. Second floor offers 3 bedrooms, 3.5 baths plus family room. Third level includes 2 bedrooms, two baths and stunning library with hearth area and service kitchen. Elevator, newer plumbing. Brand new slate roof fall 2023.

2728 Dean Parkway, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$221,000

3 Beds ⋅ 1 Baths ⋅ 7050616 MLS

A 100-year-old home that has been taken care of like it matters, and it shows. Tucked in the Folwell neighborhood of Minneapolis, this home delivers the original character buyers want and the mechanical updates they need. Step inside and the craftsmanship of 1924 greets you right away. Rich original woodwork throughout would cost a small fortune to replicate today. Hardwood floors anchor the main level, granite countertops give the kitchen a clean and updated feel, and a carpeted upper-level bedroom makes the most of that classic one-and-a-half story layout. A fenced backyard, detached one-car garage, and full unfinished basement give you room to grow, store, and make this place your own. The big-ticket updates are already handled. Both the furnace and central AC were replaced in 2024, so you won't be writing that check for years. Step outside and you're minutes from Folwell Park, Theodore Wirth Regional Park, and the scenic trails along Victory Memorial Parkway. The Camden Social, named one of the Twin Cities' top 50 restaurants by Mpls.St.Paul Magazine, is just down Lyndale Ave. Pryes Brewing sits along the Mississippi River a short drive away. Corner Coffee Camden and Sammy's Avenue Eatery round out the neighborhood. Quick I-94 access puts downtown Minneapolis, the North Loop, and the rest of the metro well within reach.

3350 Knox Avenue N, Minneapolis

Listing courtesy of Pemberton RE.

$199,000

2 Beds ⋅ 2 Baths ⋅ 7045507 MLS

A $1,000 credit for a washer and dryer included! Welcome to this exceptional top floor, corner unit in one of Minneapolis' most vibrant neighborhoods. Flooded with natural light from expansive windows, the unit flows seamlessly across a spacious open layout with new flooring. The prime corner position offers breathtaking views—stunning sunrises over the rooftops, golden fall light across speckled tree tops. The two levels separating your private and main living spaces provide the privacy and comfort urban living demands. Modern upgrades include a full kitchen, and the heated garage space features 240-volt EV charging for sustainable, hassle-free Minnesota winters. Stevens Square pulses with authentic urban energy, and this location captures it perfectly. You're steps from beloved local coffee shops, minutes from downtown via dedicated walking and bike paths, and embedded in a genuine community. The building's amenities—underground parking, fitness center, secure bike racks, community room, rooftop solar panels—enhance your lifestyle considerably. This isn't just a loft; it's your base for living at the intersection of convenience and character in the heart of Minneapolis. No rules against building walls/enclosing the bedrooms if you desire.

1829 3rd Avenue S Unit 203, Minneapolis

Listing courtesy of Compass.

$2,450,000

7042211 MLS

Multi tenant office/retail/workshop building. 22,402 sq. ft. building sitting on a 24,000 sq. ft. lot in the heart of the North Loop. Building partially occupied with several tenants. Building could be delivered vacant. Building has been completely renovated with HVAC, bathroom, roof, electrical. Now available in the North Loop, 905 5th Street North presents a rare opportunity to acquire a highly adaptable commercial property in one of Minneapolis’ most desirable areas. The building offers both immediate usability and long-term potential, making it well-suited for a variety of ownership strategies, restructuring, occupancy, or redevelopment. Seller financing available.

905 N 5th Street, Minneapolis

Listing courtesy of Fidler Commercial.

$100,000

2 Beds ⋅ 1 Baths ⋅ 6826221 MLS

Fantastic opportunity to own a two- bedroom, one bathroom condo in a prime urban location! Sale is subject to third party approval, with inspection and earnest money due prior to approval. This unit offers great potential with a little TLC and would make an excellent investment or rental property. Includes heated garage stall #14. Conveniently located near dining, entertainment, shopping, and all the amenities of city living. Garage has separate PID, included with PA: 34-029-24-32-0312. Association dues are $489.64 + $57.29 for electrical box upgrade. Small balance remaining, responsibility of buyer.

2610 Garfield Avenue Unit 101, Minneapolis

Listing courtesy of Lakes Sotheby's International Realty.

Start Your Search

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.

Minneapolis Short Sales

Our website features the best real estate search for short sale properties available in Minneapolis and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!

Considering selling or refinancing your home? Get an INSTANT property valuation now!