Minneapolis Homes with Three Or More Stories

Welcome to Minneapolis, a vibrant city located in Hennepin County, Minnesota. Known for its beautiful lakes, cultural landmarks, and diverse neighborhoods, Minneapolis offers a high quality of life for residents and visitors alike.

If you're looking for homes with three or more stories in Minneapolis, you're in luck! This city boasts a variety of architectural styles, from historic brownstones to modern townhomes, that span multiple levels. Living in a multi-story home in Minneapolis allows you to enjoy stunning views of the city skyline, ample living space, and the opportunity to create a truly unique living environment.

Whether you're drawn to the bustling downtown area with its skyscrapers and urban amenities, or prefer the tree-lined streets of the residential neighborhoods, Minneapolis has something to offer everyone. From the trendy restaurants and shops of Uptown to the cultural attractions of the Minneapolis Institute of Art and the Guthrie Theater, there's always something new to explore in this dynamic city.

With a strong economy, top-rated schools, and a thriving arts and entertainment scene, Minneapolis is a fantastic place to call home. If you're in the market for a home with three or more stories, let Minneapolis be the backdrop for your next chapter.

Newest Minneapolis Homes with Three Or More Stories

$2,750,000

7134755 MLS

6 Parcels including 2 buildings with over 15,000 finished square feet. Large 40+ stall parking lot. Includes 2 restaurant spaces with equipment, upper level event/wedding space, lower level office suite, 2 storefront shop rental spaces, and over 3000 square feet of additional unfinished basement space. Don't miss out, set up a viewing today!

1501 E Lake Street, Minneapolis

Listing courtesy of BRIX Real Estate.

$1,900,000

7131152 MLS

Bloomington Square Apartments is located in the heart of South Minneapolis close to many shops, parks and employment. Built in 1962 this property features a total of 18-units with a mix of twelve 2bd, 1ba and six 1bd, 1ba along with a whole lower fourth level with four tuck under garages. There is plenty of extra storage and off-street parking. The exterior is maintenance free with brick and stucco and newer vinyl replacement windows. The building sits on 0.28 acres and is only a short block from the desirable Powderhorn Park. Onsite laundry and extra storage lockers. Fully leased and located in a non-rent controlled city of Minnesota. PROPERTY FACTS Year Built: 1962 Square Footage: 15,320 Units: 18 Zoning: Multiple-Dwelling Parking: 4 Attached Garage Stalls w/ Openers Plus 16 Off-Street Parking Spots Exterior: All Brick and Stucco Exterior Heating: Gas Fired Forced Air Hot Water Boiler System Air Conditioning: In the Wall Air Conditioning Units Roof: Flat Roof - Newer in Age UNIT DESCRIPTION 12 - Two Bedroom, One Bath - Approx. 800+ Sqft. 6 - One Bedroom, One Bath - Approx. 600+ Sqft PROPERTY IMPROVEMENTS Hallways and Common Areas Recently Painted Newer Hot Water Heater Newer Double-Hung Windows Throughout the Building

3412 Bloomington Avenue, Minneapolis

Listing courtesy of Apartment Cash Flow, Inc..

$2,068,000

7126151 MLS

Beautiful maintained 22- unit multifamily property with many capital improvements, tastefully done units and hallways, a new roof. The property is part of the 4d Affordable Housing Incentive Program, resulting in a reduction in the property taxes, enhancing cash flow. A very healthy rental property with its proximity to Downtown Minneapolis, major transit routes, bus lines, hospitals, and community facilities, parks, bike trails. Phenomenal opportunity to add this income-producing asset to your portfolio.

2110 Park Avenue, Minneapolis

Listing courtesy of RE/MAX Results.

$1,950,000

18 Beds ⋅ 15 Baths ⋅ 7112277 MLS

This stunning, nearly new multi-family building constructed in 2022 offers 18 bedrooms and 15 bathrooms across 6 units, delivering exceptional cash flow. Each unit features beautiful cabinetry, premium appliances, quartz countertops, and convenient kitchen center islands. You'll also find front-load washer and dryer sets in every unit, plus private balconies for enjoying fresh air and views. The tasteful, modern design flows seamlessly throughout with high-quality finishes, including tiled bathroom floors and showers. Located just one block from the prestigious Minneapolis College of Art and Design (MCAD), this property is perfectly positioned for student housing, young professionals, or long-term tenants. The previous tenant for 4 years rented the entire building for $15,000 per month (tenant paid all utilities and exterior maintenance), with the current lease ending at the end of April 2026. Units are actively leasing up, with projected total rents exceeding $15,500 per month. Built in 2022, the property requires minimal maintenance or repairs. This is a rare opportunity to own a new modern, income-producing asset that cannot be easily recreated. Schedule your showing today and take advantage of this fabulous cash-flow opportunity!

2413 1st Avenue S, Minneapolis

Listing courtesy of Value Homes Realty Group LLC.

$1,095,000

12 Beds ⋅ 5 Baths ⋅ 7106578 MLS

This five-unit building offers a desirable unit mix, featuring four 2 bedroom, 1 bathroom units and one spacious 4 bedroom, 1 bathroom unit on the top floor. Rich in character, the property showcases original hardwood floors and built-ins. Inviting front and back porches provide additional outdoor living space, enhancing the property's charm and appeal. All units were remodeled in last 10-12 years. as well as rare front and back porches Whether you're looking to expand your investment portfolio or own a well located multifamily property with strong rental potential, this building presents a great opportunity. Situated just minutes from Uptown, Downtown Minneapolis, and the Chain of Lakes, residents will enjoy easy access to neighborhood favorites including Lake of the Isles, Bde Maka Ska, the Midtown Greenway, Convenient access to public transportation and major roadways

2445 Aldrich Avenue S, Minneapolis

Listing courtesy of Pemberton RE.

7063127 MLS

Dinkytown student housing investment, walking distance to U of M campus. 14 rental rooms, fully leased through 2026/2027 school year. Tenants responsible for all utilities (electric, gas, water, internet, trash) — low operating costs for owner. Zoned R5, offering strong future redevelopment potential. Property is one lot off the corner of 10th Ave SE & University Ave SE, and shares a rear parking lot with 1009 University Ave SE — also available. Acquiring both properties together, or in combination with the corner parcel, presents a compelling assemblage/development opportunity in one of the Twin Cities' most active student housing corridors. Part of larger 7-building Dinkytown portfolio; motivated seller reviewing offers as received.

314 10th Avenue SE, Minneapolis

Listing courtesy of Ashworth Real Estate.

$825,000

7086019 MLS

Excellent opportunity to acquire a fully occupied 10-unit apartment building with strong in-place cash flow. This well-maintained property features updated units, a newer roof, updated exterior wood components, replacement shakes, and newer windows, helping reduce future capital expenditures. Generating approximately $117,000 in annual gross rental income, this stabilized asset offers immediate income with additional upside through long-term ownership. All units are occupied, providing consistent cash flow from day one. Ideal for investors looking to expand their portfolio or complete a 1031 exchange.

2528 17th Avenue S, Minneapolis

Listing courtesy of Compass.

$1,145,000

11 Beds ⋅ 11 Baths ⋅ 7071343 MLS

3537 11th Ave S, Minneapolis, MN 55407 presents an exceptional opportunity to acquire a fully occupied 11-unit multifamily property in one of South Minneapolis’ strongest rental corridors. The building consists of spacious one-bedroom apartments and has maintained a long history of 100% occupancy with consistent tenant demand and active waiting lists, demonstrating the area’s strong need for affordable workforce housing. Located in the highly desirable Powderhorn Park neighborhood near parks, public transit, shopping, restaurants, and universities, the property attracts stable long-term renters including young professionals, students, healthcare workers, and service employees. The asset features updated units, controlled access, on-site laundry, security system, on-site parking in addition to abundant free street parking, and a strong operational history, providing dependable cash flow with additional upside through future rent growth and continued improvements. Current rents are below market, providing investors with a clear value-add opportunity to increase income and maximize returns through strategic rent adjustments while maintaining strong occupancy. Comparable multifamily properties in the immediate area continue to experience low vacancy rates and strong investor demand due to the neighborhood’s affordability, walkability, and accessibility, making this an outstanding opportunity for investors seeking a stabilized, income-producing asset with long-term appreciation potential in a proven Minneapolis rental market.

3537 11th Avenue S, Minneapolis

Listing courtesy of Universal Realty LLC.

$1,950,000

4 Beds ⋅ 2 Baths ⋅ 7051384 MLS

Six total units, two buildings with 3 units each, all new construction with 4BRs, 2BA and Laundry in each unit, total 24 BRs, 12 BAs. Five units are leased at $2600 month per unit, $13,000 month, once the 6th unit is leased, $15,600 month, owner pays water and trash only. Highly marketable modern interior finishes Strong rental appeal in the Marcy-Holmes / University district. 811 & 815 6th Street SE: Common Lot Development. Both 811 and 815 6th Street SE exist on a single parcel under one PID and were developed as a Common Lot Development in the Marcy-Holmes neighborhood. Together, 811 & 815 6th Street SE form a unified six-unit multifamily asset on a single PID, built and renovated to modern 2020s standards. Between the two structures, nearly every system structural, mechanical, electrical, plumbing, exterior envelope, and interior finishes is new, code-compliant, and designed for long-term durability and ease of maintenance. The site now includes: One fully renovated, expanded triplex (811) and One slab-on-grade new construction triplex (815). A total of six modern, code-compliant residential units were created on the shared lot. Both properties were built to current building, mechanical, electrical, plumbing, zoning, and life-safety standards, including separate utility services, fire systems, and modern energy-efficient components. 811 6th Street SE – Full Gut Renovation & Triplex Conversion: 811 began as an older duplex and was transformed into a three-level triplex through a complete gut renovation and addition. Other than the foundation and the first- and second-floor exterior walls, the structure is essentially new construction. Full interior demolition and rebuild. Added a third story to convert the duplex into a triplex. Constructed a three-story treated-wood rear deck. * 815 6th Street SE – New Construction Slab-on-Grade Triplex (In final phase of completion). 815 was built as a brand-new slab-on-grade triplex, designed to complement 811 while offering fully modern construction and finishes. While layouts differ, the systems and interior standards match 811 to maintain continuity across the parcel. *Structural & Exterior:Ground-up slab-on-grade new construction. LP SmartSide exterior siding. New exterior paint. Pre-finished soffit & fascia. Architectural asphalt shingle roof. Batt + poly insulation package. Single-hung Vector windows, matching 811. Interior staircase access to each unit. *Mechanical, Electrical & Plumbing: New water and new sewer service runs. Three separate electrical services/meters (one per unit). Three independent forced-air heating and cooling systems (Magic-Pak) Three 40-gallon electric water heaters. All electric appliances (ranges, dryers, etc.), consistent with 811. New plumbing system throughout.* Interior Construction & Finishes: LVP flooring throughout. Kitchens and bathrooms identical in finish level to 814, including: Legacy soft-close cabinetry. Quartz countertops. Tile backsplash. Stainless steel appliances. Tile shower surrounds. New trim, interior doors, and full interior paint/enamel. Stackable washer/dryer hookups in each unit. *Both buildings offer: Separate utilities, Updated life-safety systems, Uniform design language and material quality, Low-maintenance exterior finishes.

811-815 6th Street SE, Minneapolis

Listing courtesy of Morgan And Trust Realty.

$20

7046212 MLS

High visibility corner mixed-use commercial space for lease with well-established neighboring businesses. Ample shared parking in adjacent & rear lot. Fantastic public presence with great bike and foot traffic. Floor to ceiling windows on south and west side building facing 28th St. offering a ton of natural light unto the space.

2743 Lyndale Avenue S Unit 1B, Minneapolis

Listing courtesy of Assembly MN LLC.

$935,000

9 Beds ⋅ 10 Baths ⋅ 7043063 MLS

Step into a rare investment opportunity with this well-cared-for 10-unit property, each offering a 1-bedroom, 1 bath layout designed for comfort and easy living. Tenants will appreciate the beautifully maintained building and shared laundry facilities. Included is the adjacent lot PID #0302824110157 which adds valuable flexibility-perfect for outdoor amenities, or future development. This property is move-in ready for its next owner and is ideal for a hands-off investor, or owner looking to expand their portfolio. Pride of ownership is evident throughout, making this a solid, reliable choice with lasting appeal.

3125 3rd Avenue S, Minneapolis

Listing courtesy of AXEN Realty.

$849,999

7004216 MLS

Currently operating as a small event venue, this rare South Minneapolis property offers 7,000+ SF on a large lot, with a 3-car garage, 4 floors, dedicated on-site parking, and flexible CM3 zoning supporting a wide range of potential uses. Ideal for office, medical, wellness, professional services, creative space, showroom, event use, or other commercial concepts. The substantial lot, parking, garage, and flexible layout provide exceptional functionality and future upside. Large building. Large lot. Flexible zoning. Multiple possibilities. A standout commercial opportunity in South Minneapolis.

3040 Lyndale Avenue S, Minneapolis

Listing courtesy of Northstar Real Estate Associates.

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